Why We Won’t See A Stock Market Crash Anytime Soon
Image Source: Pixabay On Thanksgiving, I was speaking with a relative’s friend, who was new to our Thanksgiving table this year. He is a full-time real estate investor, and he seemed to be very successful.With real estate prices surging nearly everywhere, I asked him how he’s approaching new investments. He told me he’s sitting on the […]
C3.ai Up 173% YTD But Major Challenges Lurk Beneath The Surface
Image Source: Pexels C3.ai stock is UP 173% YTD so it begs the question “How high will it go next year?” That question and anticipated positive answer might seem justified but a review of the company’s business performance reveals that major challenges lurk just below the surface. C3.ai Expects New Business Model Will Generate Major Increase […]
Salesforce Q3 Earnings: ‘AI Craze Has Not Hit But It Will’
Salesforce Inc (NYSE: CRM) just reported better-than-expected earnings for its third financial quarter. Its shares are up 7.0% in extended hours. Salesforce initiates Q4 guidance Investors are content because the guidance matched Street estimates as well.Salesforce now forecasts its revenue to fall between $9.18 billion and $9.23 billion. Analysts, in comparison, were at $9.21 billion. […]
Can Bristol Myers Squibb Keep Its Streak Alive?
Bristol Myers Squibb (NYSE: BMY) is a $100 billion market cap pharmaceutical company that has raised its dividend every year since 2010 and has paid one since 1933.The stock currently yields 4.5%. But can it continue to pay its $0.57 per share quarterly dividend despite an expected decline in its free cash flow next year?Bristol Myers […]
Is An Economic Slowdown Bullish For Markets?
Image Source: Pexels The Magnificent 7 make up all of the S&P 500 gains in 2023. That is really incredible when you think about it. Can those 7 stocks sustain the entire market in an economic slowdown? Because right now an economic slowdown is being predicated. When you look at the Fed Futures Watch Tool rate […]
Market Talk – Wednesday, Nov. 29
ASIA:China will likely unleash 2.28 trillion yuan ($319 billion) of next year’s special local bond quota by the end of December, state media reported, a sign Beijing is moving early to boost growth in 2024. Authorities are expected to distribute 60% of next year’s special local government bond quota to provinces ahead of time, according […]
Stocks And Precious Metals Charts – Apparitions Of Prosperity
Stocks staged a remarkable failed rally today.Gold and silver marked time as they digested their recent breakout. Let’s see if they can hang on to it. Overhead resistance calls.The Dollar chopped sideways.Risks remain underappreciated.Have a pleasant evening. More By This Author:Stocks And Precious Metals Charts – King Dollar Declined Stocks And Precious Metals Charts – The […]
UiPath About To Rip?
Image Source: Pexels The symbol PATH is in the final stages of what could be a beautiful right triangle pattern.If it can get above $19.54 (and also above the psychologically important $20.00 level) this sucker could be off to the races. More By This Author:Exploring The Sinewave: Unveiling Rhythms In Financial Instruments Rates BottomingThe Multi-Billion Dollar Bet On AI: A Fascinating […]
Stocks Stumble Late Despite Wall Street Optimism
Stocks gave back sizable gains today, with the Dow eking out a marginal win despite trading up over 200 points at its session highs. The S&P 500 and Nasdaq, meanwhile, finished in the red after spending most of the day above fair value.Despite the late-afternoon pivot ahead of a historically bullish month, all three major indexes […]
Let’s Discuss The Claim Home Prices Fell 17.6 Percent In The Last Year
Median home prices from the Commerce Department via St. Louis Fed. Annotations by Mish.The chart shows the median price of a new home has fallen 17.6 percent from a year ago. Given the massive margins of error in these Census Bureau reports, the number is highly suspect.Nonetheless, let’s assume that the stat is true.Q: What […]
