Category Archive: Finance
New Opportunities Are Emerging In Commodities
In our research, as we start a new week, there is a good chance that: Wheat futures have bottomed. Natural gas futures bottomed. Sugar futures bottomed. And while gold and silver futures are correcting, we are still bullish in the longer term.We do not expect the precious metals to peak until 2025-2026.On another note, Bitcoin, […]
Stocks Rally As Rates Stall Ahead Of Treasury Auctions And Data Dump
Image Source: PexelsStocks rallied today as bond yields stalled, the dollar weakened, and spreads narrowed. The rally came after six straight days of losses and wasn’t very impressive. After climbing around 1.4%, the S&P 500 gave back a bunch of the gains starting around 2:30 PM ET to finish up only 87 bps.What seems interesting on […]
S&P 500 & Nasdaq 100 Elliott Wave Update: Monday, April 22
Image Source: UnsplashDaily update for the ES and NQ — both markets saw initial weakness or follow-through from last week. With support holding and the markets beginning to rise. I update the labeling in both markets as well as the Fibonacci support and resistance. I also discuss the 2 preferred counts I am currently running side […]
Current Analysis: Deutsche Bank
Image Source: UnsplashSince July 2019, Deutsche Bank (DB) has been restructuring to revitalize revenue, reduce costs, and return to profitability. The largest moving pieces of that plan were (1) a full exit from global equity sales & trading, (2) scaling back fixed income business, and (3) including 18,000 employee reductions as of 2022.The remaining core business […]
Gold Slides As Middle East Tensions Abate, Ahead Of US PCE Data
Image Source: Unsplash Gold retracts sharply from recent highs, influenced by reduced geopolitical risks and a strengthening US Dollar. Fed officials, including Chairman Powell, maintain a hawkish stance on interest rates, pressuring Gold prices. Market sentiment shifts as expectations for Federal Reserve rate cuts are adjusted to a later timeline. Gold prices plummet sharply and retrace last […]
Top Analyst Reports For Novartis, American Express & ConocoPhillips
Image Source: PixabayThe Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including Novartis AG (NVS), American Express Company (AXP), and ConocoPhillips (COP). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see […]
Gold Hammered As Short-Squeeze Saves Stocks Ahead Of Micro/Macro Storm This Week
Image Source: UnsplashThe “calm before the storm” of earnings and big macro this week (and no WW3 this weekend) was all the algos needed to ramp stocks during the US cash session after being reminded that the buyback-blackout period is almost over… And S&P HOD as algos start frontrunning the buybacks https://t.co/DfjpdZO1pS — zerohedge (@zerohedge) April 22, […]
Tesla Price Sequel
Image Source: PexelsI put together an analog for Tesla (TSLA, if you honestly have to ask) which I think you might like. The stock is worth about one-third of its peak value. I’ve tinted the chunks of the analog for the past several years. We’re in the “grey zone” right now, and the real question is how much of its past behavior will be […]
Take A Look: Only These 17 AI Stocks Are Undervalued
Image Source: Unsplash An Introduction PEG ratios go up and down as stock prices change and the major decline (-13.2%) last week in the 17 “best value” AI stocks has resulted in changes to their PEG ratios so, if you’re looking for AI companies primed for revenue and earnings growth, strong profitability, and upward analyst revisions, […]
5 Niche ETFs That Outperformed Last Week
Image Source: Pixabay Wall Street had a tumultuous last week as growing inflation fears and rising geopolitical tensions continued to weigh on investors’ sentiment. The S&P 500 dropped 3%, marking the third consecutive weekly loss and the longest losing streak since September. The Nasdaq Composite Index tumbled 5.5%, representing the fourth straight week of losses and […]
