Category Archive: Finance
Gold Price Fell And Ended The Week Below $2,500 Ahead Of US Inflation Data
Photo by Dmitry Demidko on Unsplash Gold tumbled after it failed to break through resistance at the $2,531 mark. It closed at $2,493 as Fed rate cut speculation intensified. The US Nonfarm Payrolls data missed estimates, as improved figures and rising hourly earnings fueled uncertainty over a 25 or 50 bps cut. Despite Treasury yields falling on Friday, the US Dollar Index recovered above the […]
4 Utility Stocks With Upside To Navigate Market Volatility
Image: BigstockVolatility has returned to Wall Street, disrupting the solid rebound that followed a massive selloff in early August. The recent stock market volatility is being triggered by fears over the economy’s health, rekindled by disappointing jobs data.Also, September, over the years, has proven to be one of the worst months for stocks. Given this […]
Masters In Trading – Saturday, Sept. 7
Image Source: PexelsIn this recap of Friday’s trading, I discuss the recent moves in lithium and how education can mitigate common risks seen in trading.00:18:48More By This Author:Masters In Trading – Saturday, Aug. 31Masters In Trading – Saturday, Aug. 24Masters In Trading – Saturday, Aug. 17
Cloud Stocks: Analysis Of Salesforce’s Tenyx Acquisition
Photo Credit: City of Indianapolis | Mayor’s Office/Flickr.comRecently, Salesforce (CRM) announced its second quarter results that beat the market expectations, which helped the stock climb 4% in the after-hours trading session on Friday. The company remains focused on AI, and recently announced the acquisition of Tenyx to continue to add to its AI portfolio. Salesforce’s Financials Salesforce’s […]
Walmart Inc. Valuation: Is The Stock Undervalued?
Image Source:Mike Mozart, FlickrAs part of an ongoing series, each week we typically conduct an analysis on one of the companies in our screens. This week, however, we will take a look at one of the stocks that is not currently in our screens: Walmart Inc (WMT). Profile Walmart serves as the preeminent retailer in the United States, with its […]
Precious Metals Crushed But Gold Strengthens In Real Terms
Image Source: UnsplashRecently, gold declined by only $3. However, silver declined by 3% and the miners lost around 6%-10%. There has been some technical damage, but gold seems to be approaching another critical test that could confirm a new secular bull market.00:11:13More By This Author:The Mistake Many Could Make With Gold Stocks Gold & Miners Could Correct Before Rate CutThe […]
Wall Street’s Top 10 Stock Calls This Week – Saturday, Sept. 7
Image Source: PexelsWhat has Wall Street been buzzing about this week? Here are the top 5 buy calls and the top 5 sell calls made by Wall Street’s best analysts during the trading week of Sept. 2-6, 2024. First, here are the top 5 buy calls of the week. 1. Southwest Upgraded to Outperform at Evercore ISI […]
Bank Stocks Will Be In Big Trouble If Support Breaks, Says Joe Friday
It’s September and the stock market is trading just below all-time highs. BUT, volatility has crept into the equity markets.Uncertain economic data, questions about the Federal Reserve’s next move, domestic politics, and wars abroad are consuming investors.SO, it is not surprising that bank stocks by be reaching a decision point.“The facts, Ma’am. Just the facts.” […]
“Due To Popular Demand”: Tesla Announces Full Self-Driving Coming To China, Europe In Early 2025
Image Source: UnsplashTesla shares outperformed this week after Tesla AI, an affiliate of Tesla, wrote on X that its Full Self-Driving (FSD) advanced driver assistance software will be rolled out across China and Europe in the first quarter of 2025. Tesla AI said pending FSD rollouts in China and Europe are “due to popular demand,” adding that regulatory approval will first be needed to push […]
S&P 500 Earnings Dashboard 24Q2 – Saturday, Sept. 7
Image Source: Pixabay S&P 500 Aggregate Estimates and Revisions 24Q2 year-over-year earnings are expected to be 13.0%. Excluding the energy sector, the year-over-year earnings estimate is 13.8%. Of the 498 companies in the S&P 500 that have reported earnings to date for 24Q2, 79.1% reported above analyst expectations. This compares to a long-term average of 66%. The 24Q2 year-over-year blended revenue growth estimate is 5.5%. If the energy sector is excluded, the growth […]
