The Energy Report: The Fossil Fuel Comeback

TalkMarkets - Wed, 07/31/2024 - 10:50
Fossil fuels are making a big comeback as big draws across the board shocked the market back into a semblance of reality.

US Pending Home Sales Rebound (Modestly) From Record Lows In June

TalkMarkets - Wed, 07/31/2024 - 10:40
After two months of ugly declines, US pending home sales bounced in June (up 4.8% MoM).

Sensex Today Ends 286 Points Higher; Nifty Tops 24,950

TalkMarkets - Wed, 07/31/2024 - 10:30
After opening the day on the higher, Indian benchmark indices continued the momentum as the session progressed but ended the day higher.

EUR/USD: Focus Turns To FOMC After Stronger Eurozone CPI

TalkMarkets - Wed, 07/31/2024 - 10:20
The EUR/USD pair will remain in focus heading into the second half of Wednesday’s session and the week.

Brent Futures Surpass $80 Per Barrel Threshold Amidst Middle East Tensions

TalkMarkets - Wed, 07/31/2024 - 10:10
Brent futures exceeded the $80 per barrel mark on Wednesday as Iran’s allegations regarding the assassination of Hamas political leader Ismail Haniyeh heightened tensions in the Middle East.

Most Slices Of The US Bond Market Posting Gains In 2024

TalkMarkets - Wed, 07/31/2024 - 10:00
Year-to-date returns for US fixed income are skewing positive this year ahead of the Federal Reserve policy announcement this afternoon.

Boeing Reports Challenging Q2 2024

TalkMarkets - Wed, 07/31/2024 - 09:51
Boeing reported a challenging second quarter in 2024 with a revenue decline to $16.9 billion.

Elliott Wave Technical Analysis: MicroStrategy Inc. - Wednesday, July 31

TalkMarkets - Wed, 07/31/2024 - 09:40
A comprehensive view of MSTR's current trend and potential trading opportunities.

Hedges For A Volatile Market

TalkMarkets - Wed, 07/31/2024 - 09:30
Cash can be a great hedge in this environment. It earns over 5%, but more importantly, if there is a correction, it allows us the means to buy stocks at discounted prices.

June Jolts Report: Deceleration All Around (Including The Bad Stuff)

TalkMarkets - Wed, 07/31/2024 - 09:21
The theme of the JOLTS report for June was “continued deceleration,” but no particular cause for concern. As we’ll see below, that’s because the “bad” metrics declined just as must as the “good” ones did. 

BOJ Delivers, Sending Greenback To Almost JPY150; Now Over The To Federal Reserve

TalkMarkets - Wed, 07/31/2024 - 09:17
A 15 bp hike by the BOJ and plans to halve its bond purchases by the end of FY25 (in March 2026), coupled with a hawkish press conference by Governor Ueda sent the dollar to nearly JPY150, its lowest level in four months.

Bull of the Day: Badger Meter (BMI)

TalkMarkets - Wed, 07/31/2024 - 09:13
The water instrument provider is part of the Zacks Instruments - Control industry group, which currently ranks in the top 15% out of more than 250 Zacks Ranked Industries.

Futures Surge As Tech, Semis Rebound Ahead Of Fed Decision

TalkMarkets - Wed, 07/31/2024 - 09:08
Despite disappointing earnings from world's second biggest company and Mag 7 titan, Microsoft, global stocks rallied on Wednesday, with Nasdaq 100 index futures jumping, as a flurry of bullish news powered a rebound in technology stocks.

Stocks Face More Volatility Ahead Of Fed And Earnings

TalkMarkets - Wed, 07/31/2024 - 09:05
The S&P 500 index is experiencing increased volatility following its recent sell-off.

The IRS Makes Up Its Mind

TalkMarkets - Wed, 07/31/2024 - 09:02
With the introduction of the Secure Act, most non-spouse beneficiaries would now be required to distribute the IRA assets they inherited by the 10th year after the death of the original IRA account owner.

Chart Of The Day: Commvault - Skyrockets On 17% Year Over Year Revenue Growth

TalkMarkets - Wed, 07/31/2024 - 08:52
Commvault Systems, Inc. provides a platform that enhances cyber resiliency by protecting the data in the United States and internationally.

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