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Updated: 2 hours 40 min ago

Current Report: Xerox Holdings Corp

Thu, 10/24/2024 - 23:25
Xerox Holdings Corp (XRX​​​​​​​) is an original equipment manufacturing and software company. Over the past year, Xerox’s share price was down 17% as of Thursday’s market close.

Nasdaq 100 & S&P 500 Elliott Wave Update - Thursday, Oct 24

Thu, 10/24/2024 - 23:05
I updated today's trade and discussed the two possible paths the markets can talk about tomorrow. Expectations remain for the minute 5th and in turn the Minor 5th waves to continue to move the markets higher.

BRICS 2024: Can The Expanding Bloc Truly Challenge Western Dominance?

Thu, 10/24/2024 - 22:45
As the world watches the latest shifts in global alliances, the 2024 BRICS summit in Kazan, Russia, stands out. The growing membership and ambitions of BRICS reveal a desire for change, even as the path to achieving it remains uncertain.

Gold Has Finally Broken A "Real" Record

Thu, 10/24/2024 - 22:25
Just last week, gold finally broke a “real” record that's been in place since 1980.

Busting 3 Common Myths About The Stock Market: Insights That Challenge The Status Quo

Thu, 10/24/2024 - 22:05
Today, we’re going to debunk three of the most common stock market myths and provide fresh perspectives on what really drives success in the markets.

The Safety Net System: How I Evaluate Companies’ Dividends

Thu, 10/24/2024 - 21:45
Today, in the spirit of “teaching a man to fish,” I’m taking you behind the scenes to show you exactly how I determine the safety of a company’s dividend.

The Leading Economic Index, The Term Spread, And Historical Correlations

Thu, 10/24/2024 - 21:25
I’ve updated the “regression camp” membership list. Assuming no recession shows up, what can we take from the Conference Board’s Leading Economic Index returning to recession territory?

EUR/USD Rallies Back Over 1.08

Thu, 10/24/2024 - 21:05
EUR/USD made a half-hearted recovery on Thursday, rebounding four-tenths of one percent and clawing back north of the 1.0800 handle.

Gold Prices Soared Due To Geopolitical Tensions, Declining US Yields

Thu, 10/24/2024 - 20:45
Gold prices climbed late on Thursday as US Treasury yields dropped on demand for safe-haven assets.

This Slingshot Breakout Could Make Our Entire Week

Thu, 10/24/2024 - 20:26
Markets are setting-up with a *Slingshot Breakout* tonight, one of my favorite chart patterns. These setups usually give us (2) trades the following day, and trade #2 could make our entire week!

Tesla Triumphs While US Bond Yields Hit The Brakes

Thu, 10/24/2024 - 20:05
On Thursday, markets breathed a much-needed sigh of relief as the corporate earnings spotlight shifted to Tesla, delivering a mega-cap surprise, sending the stock soaring to nearly 22%.

Traders Swapping Nvidia For Tesla Can Have Big Market Impacts

Thu, 10/24/2024 - 19:45
With Tesla’s stock surging, Nvidia suddenly became less appealing to traders. Call volume for Nvidia collapsed, with only 1.7 million contracts traded today compared to the 20-day average of 2.5 million.

The Rules Of Investing Are Changing, Making The Game Harder

Thu, 10/24/2024 - 19:40
When the Fed started cutting interest rates, it set off a chain of events that were likely to prove more restrictive than its tightening policy.

Walmart Is Not A Safe Investment Decision At The Current Valuation

Thu, 10/24/2024 - 19:25
Walmart shares have become grossly overvalued in recent quarters.

Here's What To Watch After Silver's Big Breakout

Thu, 10/24/2024 - 19:02
Silver's recent breakout above $32.50 appears to be the beginning of a major bull run, but there are several key factors to watch moving forward.

U.S. Debt Nears $36 Trillion As Asset Inflation Keeps Economy Afloat

Thu, 10/24/2024 - 18:45
Government officials are pretending everything is fine, despite mounting financial problems.

Devil's Advocate - The Bearish Case For The Nasdaq

Thu, 10/24/2024 - 18:17
While indices are pushing towards new all-time highs there's a case where a larger decline could emerge despite recent benign losses.

It’s All About Oil And Energy Versus Gold And Inflation

Thu, 10/24/2024 - 18:04
What a week - after fighting up to all time highs, it’s like the market keeps banging its head on higher highs and then shrinking away.

Stock And Commodity Market Thoughts

Thu, 10/24/2024 - 17:51
As the SPY corrects a bit from the recent run up to all-time highs, we still have keen eyes on other sectors.

Extreme Credit Spreads

Thu, 10/24/2024 - 17:42
Corporate credit spreads at the lowest levels in decades signal risk.

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