Category Archive: Finance, No picture
Crypto Momentum Fading – Are Buy The Dip Opportunities Underway?
Image Source: UnsplashBullish momentum is fading in the crypto market. The probability of Bitcoin, crypto’s leading indicator, to move to $100,000 in 2024 is fading as well. The cryptocurrency market is expected to move through turbulent times. This is confirmed by the outlook of bluechip altcoins, notably Ethereum’s outlook, Solana’s future price trends, and the latest XRP forecasts. However, the […]
Big Picture Technical Update For The Nasdaq 100 – Sunday, April 28
Image Source: PexelsIn this comprehensive video, I take a look at the big picture for the Nasdaq 100. I also discuss a possible range it could trade within for the near-term.00:21:36More By This Author:Big Picture Technical Update For The S&P 500 – Sunday, April 28Nasdaq 100 & S&P 500 Elliott Wave Update – Thur, April 25Nasdaq 100 […]
Is It Time To Double Down On Precious Metals And Mining Stocks?
Image Source: UnsplashI’m more excited now about making money in the financial markets than I have been in years, but I am less excited about the online internet world and financial media. Thus, one thing I’ve been doing is going back to some of the books I read when I first started trading in the markets. […]
Pharma Stock Roundup: Merck, Sanofi, AstraZeneca, Novartis’ Q1 Results, Pipeline & Regulatory Updates
Image: BigstockThe first-quarter 2024 earnings season picked up pace this week, with Merck (MRK – Free Report), Sanofi (SNY – Free Report), Novartis (NVS – Free Report), and AstraZeneca (AZN – Free Report) announcing their first-quarter results. Three of the four companies beat estimates for both earnings and sales in the first quarter. The European Commission (“EC”) approved Johnson & Johnson’s (JNJ – Free Report) Carvykti for earlier lines of treatment in relapsed/refractory multiple […]
Gold Falters, Treads Water
Image Source: PixabayPer a tongue-in-cheek note this past week, we apologized for single-handedly having “crashed” the precious metals’ markets with last Saturday’s post. Following this, on Monday, the yellow metal suffered its third-worst intraday high-to-low loss (-2.7% or -$62/oz.) in 14 months. Additionally, silver saw a -5.7% slam. Nonetheless, we plead innocent for merely going with the math, a […]
CALF: Bet On The Little Guys With This Cash Cow ETF
Image Source: PixabayMan, have small-caps been a big disappointment so far this year. And it wasn’t supposed to be this way. At the end of 2023, small-caps outperformed the market and Big Tech rather sharply. Still, I recommend taking a look at the Pacer US Small Cap Cash Cows 100 ETF (CALF), suggests Sean Brodrick, editor at Weiss Ratings Daily.Wall Street assumed 2024 […]
The Week Of April 29 Will Be A Busy One For Markets
Image Source: PixabayThis will be one of the busier weeks of the year, as it features earnings, the Fed, lots of data, and a Treasury Quarterly Refunding announcement. There are many differing views on the QRA, and there is a good chance that it will turn out to be a non-event. We will start to get the details on Monday […]
The Third Stage Of The Silver Bull Market Has Started
Image Source: PixabayIn this video, I discuss how the the third phase and the most dramatic time in the precious metals bull market has started. As the traditional stock/bond/housing portfolio fails, there are few places for investors to flee.00:32:33More By This Author:The Silver Deficit Could Be GrowingIs Silver Worth $1000 Per Ounce? What If It Already […]
Markets Snap Back – But Uncertain Economic Conditions Persist
Welcome back, readers. We appreciate that several of you reached out these past few weeks with your comments about our services and the kind things you shared about this weekly column. Thank you.The stock market gyrated this past week, as it was heavily influenced each day on another new (and negative) data point. As you may be […]
Expect Equity Market Corrections
Image Source: PexelsIn a previous post, we noted that “a near term correction would not be a surprise.” This comment was a few weeks early, although the market did not move much higher subsequent to the post, but peaked on March 28. Since that time, the S&P 500 Index has declined -5.5% through the April 19, 2024 close.The earlier […]
