When you first start building your stock portfolio, value investing often seems like an attractive strategy. I use the Growth and Quality factors within my system to help me weed out stocks that look like good values at first glance.

GitHub is a super popular, web-based platform (owned by Microsoft (MSFT​​​​​​​)) that allows developers to store, share, and collaborate on code.

Official manufacturing PMI beat forecasts to hit a six-month high of 50.1, ekeing out a slight expansion.

For the quarter ended September 2024, Microsoft reported revenue of $65.59 billion, up 16% over the same period last year. EPS came in at $3.30, compared to $2.99 in the year-ago quarter.

Tesla (TSLA​​​​​​​) broke above the previous peak on 7.11.2024 high at 271 and thus opens a bullish sequence from 4.22.2024 low.

The Australian Dollar (AUD) remains steady following the release of mixed economic data from Australia and China’s NBS Purchasing Managers Index (PMI) on Thursday.

The Japanese Yen (JPY) attracts some buyers after the Bank of Japan (BoJ) announced its decision earlier this Thursday and drags the USD/JPY pair back below the 153.00 mark in the last hour.

The EURUSD pair has continued its upward trajectory and is now testing a critical resistance level at 1.0870. This level has become the focal point for traders, as its breach could signal further bullish momentum for the pair.

The monthly activity results were much weaker than the official GDP figures. However, this won’t prompt the Bank of Korea to ease policy further in the near future.

Earnings and the flows are having a strong pull within the markets - add a huge election, a couple of geopolitical hot spots and you have an idea of what is going on in terms of pricing all of that in to the markets.

2024 Q3 is the 5th consecutive quarter of double-digit earnings growth (up +14.6%) for the Tech sector. Excluding the Tech sector’s contribution, Q3 earnings for the rest of the index would be up +0.4%. 

Market indexes could not hold onto earlier gains this afternoon, and all closed near session lows. The moves were mild, though — as we’ve stated in this space previously, the big news the market is waiting for is not here yet:

The Bureau of Economic Analysis announced today that seasonally adjusted U.S. real GDP grew at a 2.8% annual rate in the third quarter.

I own a lot of physical gold and silver, and I had planned to amass a VERY large position in PSLV. This morning was the last straw. As thrilled as I am about Silver’s prospects, I am not TOUCHING this stuff again until after the election.

The GBP/USD pair extends the decline to around 1.2955 during the early Asian session on Thursday. T

If the fiscal spigot, as expected, opens wide in 2025, the Fed may find itself needing to balance growth and policy expectations cautiously.

The S&P 500 finished the day down by about 30 basis points, while the Nasdaq 100 closed lower by around 75 basis points.

Scotiabank continues to have a positive view on U.S. telecoms, but says valuations have moved up since earlier this year.

AbbVie currently pays shareholders a quarterly dividend of $1.55 per share, which gives the stock a 3.3% yield on the current price.

Politics and election results may have a short-term impact, but in the long run it’s all about the fundamentals of the business you invest in.