Category Archive: Finance, No picture

FTSE Floundering In The Red Again, As Sainsbury’s Fails To Impress

FTSE Floundering In The Red Again, As Sainsbury’s Fails To Impress

Image Source: DepositPhotos On Wednesday, the FTSE 100 continued its poor performance so far in 2024, edging lower by 0.25%. The blue chip index was led lower by Sainsbury’s sitting at the bottom of the FTSE 100 due to a lack of profit view upgrade. The shares of the second-biggest supermarket group in Britain, Sainsbury’s, have […]
A Big Move In Small Stocks

A Big Move In Small Stocks

It has now been 50 trading days since US markets made their Q4 lows on 10/27/23. One of the more impressive rallies has been the 20%+ gain in the small-cap Russell 2000. That move ranks as the largest 50-day rally in the index since 2020 and one of only 21 periods in the index’s history […]
Intercontinental Exchange Inc Chart Analysis

Intercontinental Exchange Inc Chart Analysis

Image Source: Pexels Bob Lang gives a technical analysis of the stock chart for ICE.Video Length: 00:03:30More By This Author:Market Blast – Monday, Jan. 8 S&P 500: Chart Analysis How To Know If You’re A Stock Picker’s Market
Apple Gets Third Downgrade In 2024, Iphone Sales Decline In China

Apple Gets Third Downgrade In 2024, Iphone Sales Decline In China

Image courtesy of 123rf.com After Barclays and Piper Sandler, analysts at Redburn-Atlantic are the latest group to downgrade Apple’s stock (Nasdaq: AAPL) in 2024. Citing limited growth potential for iPhone and a gloomy outlook for the March quarter, the strategists trimmed the stock’s rating to Neutral from Buy.  Three Downgrades in 10 Days It’s been ten days since […]
Sales Lead Employment: Real Aggregate Payrolls Update

Sales Lead Employment: Real Aggregate Payrolls Update

The drought in new data ends tomorrow with consumer inflation. In preparation, let’s take a look at real aggregate payrolls.These increased by 0.2% in December, one of the lower readings in the past 2 years: On a YoY basis, aggregate nonsupervisory payrolls increased by 5.8%, compared with consumer inflation in November, which increased by 3.1%: […]
Analytical Overview Of The Main Currency Pairs – Wednesday, Jan. 10

Analytical Overview Of The Main Currency Pairs – Wednesday, Jan. 10

Image Source: Pexels  The EUR/USD currency pairTechnical indicators of the currency pair: Prev Open: 1.0952 Prev Close: 1.0930 % chg. over the last day: -0.20 % The Eurozone unemployment rate fell to a new low of 6.4% in November. Compared to October 2023, the number of unemployed fell by 99,000. Even though the Eurozone is going through a bad time, the year-on-year […]
Sensex Today Ends 272 Points Higher; HCL Tech & ICICI Bank Top Gainers

Sensex Today Ends 272 Points Higher; HCL Tech & ICICI Bank Top Gainers

Photo by Jason Briscoe on Unsplash  After opening the day flat, Indian share markets gained momentum as the session progressed and ended the day higher.Indian benchmark indices managed to close Wednesday’s highly volatile trade with some strength as heavyweights Reliance Ind, ICICI Bank, HDFC Bank and HCLTech lent support in the fag end.At the closing bell, […]
Russell 2000 Earnings Dashboard 23Q4 – Wednesday, Jan. 10

Russell 2000 Earnings Dashboard 23Q4 – Wednesday, Jan. 10

 Image Source: Pexels  Russell 2000 Aggregate Estimates and Revisions The 23Q4 Y/Y blended earnings growth estimate is -10.8%. If the energy sector is excluded, the growth rate for the index is -4.7%. Of the 31 companies in the Russell 2000 that have reported earnings to date for 23Q4, 71.0% reported above analyst expectations. The 23Q4 Y/Y blended revenue growth estimate is -1.5%. If the energy sector is excluded, the growth rate for […]
SPX Upleg Continuing

SPX Upleg Continuing

S&P 500 led by large cap tech and biotech benefited from the VIX crush, and bond market sentiment remained constructive. Yields certainly didn‘t continue rising, but the dollar is eyeing the Monday mentioned 103.50 at least. This would though exert more pressure on gold rather than the 500-strong index that would continue benefiting from rotations, […]
Are REITs An Incredible Opportunity In 2024?

Are REITs An Incredible Opportunity In 2024?

Video Length: 00:21:33In this video, I discuss the potential for real estate investment trusts (REITs) in 2024. I analyze the performance of various REITs, focusing on dividend yields, operating cash flow, and FFO growth. Does the potential for dropping interest rates create an incredible opportunity for real estate investment trusts in 2024?   Watch the video […]