EUR/USD Breaks Key Support: Further Decline Expected
EUR/USD has broken below the crucial 1.1026 support level, signaling a potential continuation of its downward trend.
Stocks And Precious Metals Charts - Devils In The Dominant Narrative
Stocks managed to hold a bounce today. VIX fell, of course. The Dollar chopped around but finished mostly unchanged.
Gold: A Way To Optimize Your Savings
If gold were a stock, it would be the world's largest market capitalization, with the highest trading volume! Gold is world-renowned for its physical properties, but it is also in great demand for its financial qualities.
Time To Buy These Intriguing Transportation Stocks
Having generous dividends, the improved earnings outlook for several transportation stocks has become attractive.
Markets Scream Of Risk-Off Ahead Of August CPI Report
Stocks rose for the second day in a row, but other indicators painted a different picture despite the gains. Oil prices fell, the yen strengthened, credit spreads widened, and the broader market signaled a clear “risk-off” sentiment.
Investors Continue To Defy Seasonal Odds
In what felt like a mini rollercoaster ride, the S&P 500 pulled off an impressive feat on Tuesday, defying the usual September gloom to notch a second consecutive win.
Palantir Should Keep The Rally To Build A Wave ((3))
Palantir Technologies (PLTR), Inc. is a holding company, which engages in the development of data integration and software solutions. It operates through the Commercial and Government segments.
Consumer Debt Surges Again As Broke Americans Try To Make Ends Meet
Record levels of consumer debt coupled with a shift in credit card spending to basic needs reveals that American consumers are struggling to keep their heads above water.
Our Small Cap AI Portfolio Was -10% Week-Ending Sept. 6th
Tech stocks plummeted last week after the ISM manufacturing index reported August figures that came in below consensus expectations raising fears about the strength of the economy and increasing chances the Federal Reserve will cut interest rates.
Betting On Recession? Literally…
Polymarket, a non-US platform, shows a 52-46 Trump/Harris bet, while US-based PredictIt rates 52-52.
The Yield Curve “Un-”Inverts, Well Sort of
The UST 2-Year/10-Year yield curve recently moved into positive territory, due to relatively aggressive rate cut expectations following cooling labor market data.
Improvement In Hungary’s Inflation Outlook
Although services inflation continues to be a concern, the recent decline in overall inflation has brightened Hungary’s near-term inflation outlook.
Volkswagen Declares War On Unions, Scraps Three-Decade-Old Job Protections
This morning, the world's largest automaker by sales canceled several agreements linked to a three-decades-old pact that was supposed to safeguard employment until 2029.
Ackman Was Right
Remember Herbalife (HLF)? That was the firm engaged in some very, very sketchy sales practices (basically a giant pyramid scheme) that Bill Ackman had shorted.
Forex Today: US Inflation And The Size Of The Fed’s Rate Cut
The Greenback added to the ongoing uptrend, although it seems to have run out of some upside impetus on Tuesday amidst the broad-based cautious stance ahead of the release of key US CPI readings on Wednesday.
US Dollar Rises Ahead Of Tuesday Presidential Debate
The US Dollar Index, a measure of the USD’s value against six other currencies, is firm ahead of tonight’s presidential debate.
Elon’s Robotaxis Will Transform Everything
Tesla Inc. (TSLA) is also said to be revealing a brand new ride-hailing app that can summon its robotaxis.
NFIB “Mood On Main Street Darkens” Small Business Optimism Dips
The July jump in small business optimism momentum lasted precisely one month.
Academy Sports + Outdoors Reports Mixed Q2 Results
Academy Sports + Outdoors reported a mixed performance in the second quarter of 2024, with a decline in net and comparable sales.
The Stocks Markets One Day Rally Appears To Be Over
Stocks are falling, with oil dragging down rates and the carry trade.