Lucid Stock: Could The Upcoming Gravity SUV Be Its Saviour?
BofA says Lucid stock is one of the most attractive among peers.
Bitcoin Triggers Golden Cross: What This Means For The Crypto Trend
The recent rally back toward local all-time highs has carried BTCUSD high enough to causes two important moving averages to form a “Golden Cross”.
The Final GDPNow Forecast For 2024 Q3 Is 2.8 Percent.
The BEA reports GDP tomorrow. Here’s the final Atlanta Fed forecast.
Rates Spark: Issuance Pressure Remains A Thing Too
The US re-funding announcement should see a repeat play of the current quarter. No increase, but also no let up in the supply pressure.
The Problem With Trump’s Pro-Tariff “Tax Reform”
Trump’s tax reform just replaces one tax with another. And would probably result in higher taxes.
Headline Risk Is Rising, But Don’t Stand Aside
Stocks keep coiling near their all-time highs ahead of a slew of Big Tech earnings releases.
Advanced Micro Devices Q3 Earnings And Revenues Surpass Estimates
Advanced Micro Devices came out with quarterly earnings of $0.92 per share.
Dow Jones Utilities Rally Testing 2022 Highs, Cool Off Level Again?
Once thought of as a conservative hedge-like allocation for investors, Utilities have been performing like tech stocks of late.
Google Jumps After Beating Across The Board
While Google's cloud numbers were stellar, with revenue rising from $8.4BN to $11.3BN, and beating estimates of $10.8BN, what investors wanted to hear was more about the company's progress on AI.
Stocks Finish Mixed; Nasdaq Nabs Record High
After struggling for direction most of the day, stocks finished mixed, with the Dow failing to claw its way back above breakeven.
Macro Digest: Oil, Bitcoin, And Gold Trends ExplainedMacro Digest: Oil, Bitcoin, And Gold Trends Explained
Where do the three commodities stand in the current macro landscape?
Cloud Stocks: ServiceNow Expands AI Use Cases
ServiceNow also announced plans to integrate Agentic AI into the ServiceNow platform so that customers will have access to improved productivity at massive scale.
Russell 2000 Q3 2024 Earnings Preview: Earnings Growth Moderates When Health Care Is Excluded
Earnings expectations for the quarters ahead are high, with a forward P/E ratio nearing the top decile of the past 20 years.
It's A Mega Earnings Week
The upcoming election is top of mind for most people right now, but investors first have mega-cap earnings to deal with this week.
Softs Report - Tuesday, Oct. 29
FCOJ closed mixed and the spot November contract was higher again as the market remains short of juice.
Worker Caution On U.S. Jobs Market Suggests Momentum Is Shifting
Consumer confidence rebounded in October, but job vacancies surprisingly fell at a time when worker sentiment surrounding the jobs market is already weakening.
The Homebuilders Are Fully Valued
Two homebuilders – Pulte and DR Horton – have sold off on earnings in the last week and my analysis of their reports suggests the sector is fully valued.
Consumer Confidence Surprises On The Upside
The normalized change is 1.4 standard deviations – over a period marked by substantial movements.
Options Market Expectations For Alphabet And AMD Earnings
Both companies are considered key players in artificial intelligence, even though they have been overshadowed by larger peers.
Visualizing S&P 500 Performance By Presidential Year
Every year of Biden’s term has been significantly different from the historical average.