S&P 500, Nasdaq Score Another Record Close

S&P 500, Nasdaq Score Another Record Close

Wall Street earned modest wins across the board today. The Dow got back to its winning ways, while the S&P 500 nabbed a third-straight win of its own and, alongside the Nasdaq, closed at a new record high. Driving today’s stagnant price action was some hesitancy ahead of the Nvidia’s (NVDA) earnings call, due out after the […]
Why The Meme Stock Rally Was Shorter This Time And Who Benefited The Most

Why The Meme Stock Rally Was Shorter This Time And Who Benefited The Most

Image courtesy of 123rf.com Like the market dynamic involving meme coins on various blockchain networks, GameStop (NYSE: GME) stock is heading for its normal range. On May 14th, GME shares boosted the gaming retailer’s market valuation to $14.91 billion. This range was last seen in November 2021.Now at a $6.57 billion market cap, this translates to […]
A Closer Look At Inflation: How The Fed’s Rate Hikes Actually Exacerbate Inflation In Shelter

A Closer Look At Inflation: How The Fed’s Rate Hikes Actually Exacerbate Inflation In Shelter

Yesterday I discussed how virtually the entire issue of inflation remaining above the Fed’s target was the housing sector. Let me start today’s post where I left off yesterday: namely, that the net level of divergence between total headline inflation and shelter inflation of 1.15% is one of the highest such divergences in history and the […]
Dividend Aristocrats In Focus: Fastenal Co.

Dividend Aristocrats In Focus: Fastenal Co.

Image Source: Pixabay The Dividend Aristocrats consist of S&P 500 companies that have raised their dividends for at least 25 years in a row. Each year, the list changes as new companies are added (and occasionally are removed when streaks end).Fastenal Co. (FAST) was the one addition to the Dividend Aristocrats list in 2024.Fastenal increased its […]
Cloud Stocks: Twilio Builds Its AI Portfolio

Cloud Stocks: Twilio Builds Its AI Portfolio

Photo Credit: Gerd Altmann from Pixabay Communication Platform as a Service (CPaaS) player Twilio (NYSE: TWLO) recently announced its first quarter results that outpaced market expectations. Twilio continues to focus its efforts on integrating its Segment acquisition into the core business. Twilio’s Financials Twilio’s first quarter revenues grew 4% to $1.05 billion, ahead of the market’s forecast of […]
Gold Vs. Debt Money

Gold Vs. Debt Money

Image Source: Pixabay Money, as a medium of exchange, has existed throughout human history in many different forms. For centuries, there has been a constant tension between those who advocate hard, metallic money and those who defend credit money or debt money. The Evolution of the Monetary System Since the 19th Century (@julienchler) ➤ https://t.co/K9BWl3lVl6#gold #history #money […]
Grains Report – Tuesday, May 21

Grains Report – Tuesday, May 21

WHEAT General Comments: Wheat was higher in all three markets after more reports of frosts and freezing temperatures in Russian growing areas. It has also been very dry there. In addition, Ukraine sent drones to several Russian ports, including grains ports, to disrupt the export pace and cost Russia money. The weather is still a […]
Silver Bull Market Starting? Watch This Rare Bullish Signal

Silver Bull Market Starting? Watch This Rare Bullish Signal

Image Source: Pixabay When we discuss bull markets and areas of leadership, we usually point to out-performance.We’ve been writing a lot about pp, and today we look at Silver.Two things we love to see: Silver out-performing Gold (sign of risk-on), and precious metals out-performing the stock market (leadership and prospect of a Silver bull market starting).Today’s long-term “monthly” […]
The Futures-Market Tells Us A Long Story

The Futures-Market Tells Us A Long Story

Let us once again analyze the futures markets, which are currently providing interesting inputs. With the Commitment of Traders (COT), the Commodity Futures Trading Commission (CFTC) publishes weekly statistics on what type of investors (commercials, non-commercials) are invested in individual futures and to what extent.Although the gold price climbs to new all-time highs almost daily, […]
Palo Alto Networks Reports Mixed Q3 Results, Shares Decline

Palo Alto Networks Reports Mixed Q3 Results, Shares Decline

Image courtesy of 123rf.com Palo Alto Networks (Nasdaq: PANW), a leading cybersecurity company, announced its third-quarter earnings results on Tuesday, revealing slower revenue growth and a cautious fourth-quarter outlook. Following the announcement, the company’s shares experienced a significant decline in after-market trading, reflecting investor disappointment in its performance and guidance. Palo Alto Reports Mixed Q3 Palo Alto Networks reported […]