Russell 2000 Lead Indices Rally
The Russell 2000 (IWM) has been guiding towards this, but the positive reaction in the Nasdaq and S&P following Friday’s gains in the Small Caps index is not enough to suggest a swing low is in place for these indices. For starters, buying volume was light and momentum remained firmly oversold.The S&P did offer an […]
Here’s What Wall St. Experts Are Saying About These Automakers Ahead Of Earnings
Image Source: Pixabay General Motors (GM) is scheduled to report quarterly results before market open on Tuesday, April 23, with a conference call scheduled for 8:30 am EST, while Ford (F) is scheduled to report after market close on Wednesday, April 24, with a conference call scheduled for 5:00 pm EST. What to watch for:GM SALES: In April, General Motors announced […]
Stocks And Precious Metals Charts – A ‘Relief Rally’
Stocks rallied today, in what may reasonably be termed a ‘relief rally’ from a short-term oversold condition.Gold and silver were sold, as there will be an option expiration for the precious metal futures contracts this coming Thursday the 25th.VIX fell.The Dollar chopped sideways.Have a pleasant evening. More By This Author:Stocks And Precious Metals Charts – […]
Dow Marks 253-Point Win; Nasdaq, S&P 500 Snap Losing Streaks
Stocks kicked off the week on a positive note, recovering some of last week’s losses. The Dow scored a 253-point win, while the S&P 500 and Nasdaq snapped their six-day losing streaks with strong gains as well. Elsewhere, Nvidia (NVDA) bounced back from last week’s slide, adding 4.4% for the session, while oil prices dropped amid easing […]
Market Talk – Monday, April 22
ASIA:The major Asian stock markets had a mixed day today: NIKKEI 225 increased 370.26 points or 1.00% to 37,438.61 Shanghai decreased 20.67 points or -0.67% to 3,044.60 Hang Seng increased 287.55 points or 1.77% to 16,511.69 ASX 200 increased 81.90 points or 1.08% to 7,649.20 Kospi increased 37.58 points or 1.45% to 2,629.44 SENSEX increased […]
The Value Of The Chinese Yuan: Down 15% Since 2022M03
There’s been a lot of discussion of overcapacity in Chinese production, and the resulting pressures in the US and other markets. Here’s a picture of the Chinese real exchange rates.Figure 1: China trade weighted CPI deflated real exchange rate (blue), and US-China bilateral CPI deflated real exchange rate (tan), in logs. Up denotes increase in value […]
3 Smaller Tech Stocks To Buy As Focus Shifts From Megacaps
Image courtesy of 123rf.com The macro landscape shifted dramatically since the March 2020 stock market crash. Magnificent Seven stocks became a hybrid growth hedge after the Fed’s unprecedented intervention to flood the economy with money, rampant inflation, and the resultant hiking cycle.Holding these stocks, Roundhill’s Magnificent Seven ETF (MAGS) returned 10% year-to-date, vs the broader S&P 500 (SPX) […]
How Tech Logos Have Evolved Over Time
One would be hard-pressed to find a company that has never changed its logo. Granted, some brands—like Rolex, IBM, and Coca-Cola—tend to just have more minimalistic updates. But other companies undergo an entire identity change, thus necessitating a full overhaul.In this graphic, we visualized the evolution of prominent tech companies’ logos over time. All of these brands […]
Is There Really A Shortage In Silver?
Image Source: Pixabay The Silver Institute released its 2024 World Silver Survey last week. According to the data, silver demand outstripped supply in 2023, for the fifth year in a row.The deficit was just over 142 million ounces. And the forecast for 2024 indicates that the annual production shortfall will nearly double to 265 million ounces.Silver […]
3 Ways To Reduce Volatility In A Portfolio
Image Source: Pixabay If you want to reduce volatility in a portfolio, you need balance. It is the key to reducing risk, building wealth, and sleeping well at night.As it relates to trading, balance can be difficult to follow through on. Most traders and investors choose to play the bullish side at all times because, well […]
