In China, Quiet Quitting Becomes Let It Rot And Lying Flat
‘Letting It Rot’In China, young people are abandoning the the idea that they can get ahead by hard work. A record number play the lottery as their only dream to success.They use the expression ‘Letting It Rot’ instead of quiet quitting. China’s ruling Communist Party wants the country’s young people to be ambitious, work hard and prepare […]
Grains Report – Monday, Dec. 18
Image Source: Unsplash WHEAT General Comments: Wheat markets were mixed last week, with KRW lower but SRW and HRS higher. WRW was supported by a strong weekly export sales report tat featured sales to China that were at least as large as those seen in the daily reporting system. News that Argentina will restructure its economy with a […]
Chart Of The Day: Simpson Manufacturing – Wood Is Still King
100% technical buy signals 17 new highs and up 22.35% in the last month 116.70+ Weighted Alpha The Chart of the Day belongs to the wood products company Simpson Manufacturing (SSD). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum, and […]
5 Leveraged ETFs That Gained More Than 200% In 2023
Image Source: Pixabay This year has been a banner year for Wall Street. With just two weeks left before year-end, the Dow Jones is trading at all-time high while the S&P 500, Nasdaq Composite, small-cap Russell 2000, and S&P MidCap 400 are all trading at 52-week highs. In fact, the tech-heavy Nasdaq Composite Index is outperforming, […]
Is Silver Forming A Cup And Handle
Image Source: Pixabay While we often look at the fundamental data regarding the silver market, and the drivers of supply and demand, there is still the technical side that can often drive a lot of the trading on the COMEX.So in today’s show, Vince Lanci answers a viewer’s question about whether silver has formed a cup […]
Visualizing How Big Tech Companies Make Their Billions
First there was oil, then tobacco, then pharma. The “Big” epithet has always denoted the unique scale and power of certain industries, and today’s Big Tech companies are the perfect example.These six tech giants — Alphabet (GOOGL), Amazon (AMZN), Apple (AAPL), Microsoft (MSFT), META (formerly Facebook), and Nvidia (NVDA) — are each one of the eight most valuable […]
5 Key Bitcoin And Digital Asset Trends To Watch In 2024
Like the market in general, Bitcoin has notched a strong ending to 2023 after trading rangebound for most of the year. If today were the last day of 2023, the king of digital assets would have returned almost 150%, marking the best year since 2020, when it rose a phenomenal 305%.With slightly less than two […]
Merger Monday: One Big Deal In, One Big Deal Out
Image Source: Pexels We haven’t seen many “Merger Mondays” recently. Although merger and acquisition (M&A) activity has been picking up a bit recently, we are nowhere near the heady days when it was routine to wake up on a Monday morning to discover which deals had been finalized over the weekend. This morning we had two […]
A Shocking 40% Of Student Loan Borrowers Missed First Payment After Pandemic-Era Freeze Expired
In October, the number of Americans delinquent on subprime auto loans hit the highest rate on record, amid a rise in Google searches for “give car back” – while the number of people who are upside-down on auto loans is at the highest level since April 2020. Now, according to data released Friday by the Biden administration, 40% of […]
Why IBM Saw Modest Gains In 2023 Despite Being An AI Powerhouse
Image courtesy of 123rf.com On Monday, IBM (NYSE: IBM) announced a $2.33 billion deal to acquire data integration platform StreamSets and API management/integration platform webMethods. Both platforms belonged to German multinational Software AG as iPaaS (integration platform-as-a-service).Following November’s launch of an AI venture fund worth $500 million, IBM’s latest acquisitions showcase the company’s dedication to hybrid […]
