Big Tech Earnings Trigger Stock Market Selloff
Despite an upbeat jobs report and an in-line personal consumption expenditures (PCE) price index reading, stocks are selling off today.
Uber’s Q3 Results Beat Expectations, But Shares Drop On Growth Concerns
Uber exceeded Wall Street expectations but slower gross bookings growth puts pressure on stock price.
Elliott Wave Technical Analysis: PayPal Holdings Inc. - Thursday, Oct. 31
The analysis aims to provide readers with insights into the current market trends and how to capitalize on them effectively.
US Goldilocks Story Gives The Fed Scope To Cut Rates Another 25bp
The labor market and economic activity remain in decent shape while inflation pressures are subsiding.
Consumer Spending Drives Solid US Economic Growth In Q3
What a long, strange trip it’s been for some analysts since the summer of recession forecasts turned into yesterday’s robust 2.8% rise in third-quarter GDP.
Merck Q3 Earnings And Revenues Top Estimates
Merck came out with quarterly earnings of $1.57 per share.
Sensex Today Tanks 553 Points; Nifty Ends Below 24,250
After opening the day on a negative note, Indian share markets continued the downtrend as the session progressed and ended the day weak.
Initial Jobless Claims Plunge To 6-Month-Lows
With the impacts of the hurricanes wearing off, initial jobless claims plunged last week to 216k (from 228k) - the lowest since April.
US Stocks Drop Ahead Of Key Earnings, Data And Election
Market volatility has edged higher as the VIX climbed to 21.80 today (+7.2%), signaling increased unease amid earnings and ahead of next week’s US election.
Jobless Claims: With Hurricane Effects Abating, Claims Return To Normal
The unemployment rate has been rising due to new entrants (immigrants) into the labor force having a harder time finding work.
Slide Was To Come, Told You So
S&P 500 was lifted by earlier GOOGL earnings and AMD underwhelmed on cash flow generation.
U.S. Dollar Faces New Challenges Amid BRICS Push For De-Dollarization
A look at the recent developments in global currency and trade dynamics, particularly as they relate to BRICS countries’ increasing moves toward de-dollarization.
EUR/USD Monthly Forecast: November 2024
During the month of October, we have seen the euro fall hard against the US dollar.
Will Halloween Fear Bring November Cheer For Bondholders?
The last two Halloweens capped off a few frightful months for bondholders.
Bitcoin Consolidates Near ATH – Volume Suggests A Big Move Ahead
Bitcoin has been trading in a tight 4-hour range between $71,300 and $73,300 since Tuesday, setting the stage for a significant move in the coming days.
Dow Jones Multi Time Frame Trade Setup
A look at the recent price action in the Dow Jones futures contract.
Ueda Lifts Yen, Stocks Slump, Gilts Under Pressure Post-Budget
The main move in the foreign exchange market today is the recovery of the yen following what was seen as hawkish comments by BOJ Governor Ueda.
US Stock Futures Dip As Tech Earnings Disappoint, Economic Resilience Tempers Fed Rate Cut Hopes
Given the current market context, our perspective emphasizes caution in response to mixed corporate earnings, macroeconomic data signaling a resilient U.S. economy, and implications for Fed policy amid political uncertainties.
Elliott Wave Technical Analysis: State Bank Of India - Thursday, Oct. 31
State Bank of India is an Indian multinational public sector bank and financial services statutory body.
Big Tech Digestion, Prepping For The October Employment Report
Equity futures are under pressure this morning as the market digests quarterly results published last night from Microsoft and Meta Platforms.