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GBP/USD Weakens Below 1.3000 As Traders Brace For US PCE Data

Wed, 10/30/2024 - 20:20
The GBP/USD pair extends the decline to around 1.2955 during the early Asian session on Thursday. T

Blockbuster Hiring And American Spending Sprees Set To Complicate The Fed's December Move

Wed, 10/30/2024 - 19:59
If the fiscal spigot, as expected, opens wide in 2025, the Fed may find itself needing to balance growth and policy expectations cautiously.

Stocks And Rates Are Nearing Very Important Technical Levels

Wed, 10/30/2024 - 19:45
The S&P 500 finished the day down by about 30 basis points, while the Nasdaq 100 closed lower by around 75 basis points.

Here's What Wall St. Experts Are Saying About These Media Names Ahead Of Results

Wed, 10/30/2024 - 19:22
Scotiabank continues to have a positive view on U.S. telecoms, but says valuations have moved up since earlier this year.

AbbVie’s Dividend Isn’t As Scary As It Looks

Wed, 10/30/2024 - 18:58
AbbVie currently pays shareholders a quarterly dividend of $1.55 per share, which gives the stock a 3.3% yield on the current price.

Election Effect: How Presidential Votes Shape Stock Markets Long And Short Term

Wed, 10/30/2024 - 18:31
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.

Late Sell Offs Leave A Nasty Taste In The Mouth

Wed, 10/30/2024 - 18:10
Markets started brightly but that was it, heading into the final hour of trading it turned into a bit of a freefall.

Stocks And Precious Metals Charts - Reasonable Support Level

Wed, 10/30/2024 - 17:49
Today we saw one of those days that often follow on a precious metals futures option expiration.

Meta Beats On Revenue, Misses On Ad Impressions, Raises CapEx Forecast; Stock Falls As Everyone Is Already Long

Wed, 10/30/2024 - 17:38
One place where META missed again was Capex, which in Q3 rose to $9.2 billion from $8.2 billion in Q2, and $6.8 billion a year ago, far below consensus of $11.0 billion.

3 Crypto Stocks To Look Out For As Bitcoin Continues To Gain

Wed, 10/30/2024 - 17:27
Which crypto stocks are still underappreciated?

The Real Estate Problem

Wed, 10/30/2024 - 17:17
Weakness in residential real estate is impacting the economy.

These Patterns Point To Gold Hitting $2,900, Silver $40 Imminently

Wed, 10/30/2024 - 17:08
Both gold and silver are in the process of breaking out of bull flag patterns, which indicate sharp gains in the near future. Here's what you need to know...

Microsoft Shares Crater On Azure, Intelligent Cloud Growth Guidance

Wed, 10/30/2024 - 16:55
Diluted earnings per share was $3.30 and increased 10%, estimate $3.11.

Will 3% Returns Be Enough? Prepare Your Portfolio Now

Wed, 10/30/2024 - 16:50
Recently, Goldman Sachs shocked investors with its analysts’ stock market forecast for the next ten years.

Business Cycle Indicators – GDP And Private NFP

Wed, 10/30/2024 - 16:36
GDP under Bloomberg consensus of 3.0% at 2.8% (GDPNow nails it). ADP private NFP change at 233K vs. Bloomberg consensus at 110K.

Silver To Soar – Not Like Miners

Wed, 10/30/2024 - 16:23
Silver tends to outperform gold in the final parts of its rally, which means that it might be about to soar.

Quarterly Trading Report – Q3 2024: The Big Rotation And The Big Cut

Wed, 10/30/2024 - 16:10
U.S. equity-market leadership reversed course during the third quarter of 2024, with small cap stocks outperforming their large cap counterparts and the value factor beating the growth factor.

Real GDP For Q3 Nicely Positive, But Long Leading Components Mediocre To Negative

Wed, 10/30/2024 - 15:57
Real GDP grew at a 2.8% annualized rate in Q3. Just like Q2, this is a perfectly good number in line with the past three years.

The Market Is Facing Some Big Risks Right Now

Wed, 10/30/2024 - 15:48
Earnings… employment… inflation… election. These are the risks looming out there - any of them, or all of them could upend the up-trend and ruin your day if you’re not prepared.

What’s The Right Amount To Bet At A Casino?

Wed, 10/30/2024 - 15:44
Today’s equity risk premium is at the 15th percentile of a 100-year distribution, meaning stocks have rarely been more expensive and are priced to underperform Treasury bonds from here.

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