Market Talk – Friday, April 26
ASIA:The major Asian stock markets had a mixed day today: NIKKEI 225 increased 306.28 points or 0.81% to 37,934.76 Shanghai increased 35.74 points or 1.17% to 3,088.64 Hang Seng increased 366.61 points or 2.12% to 17,651.15 ASX 200 decreased 107.10 points or -1.39% to 7,575.90 Kospi increased 366.61 points or 2.12% to 17,651.15 SENSEX decreased […]
GDP, Nowcasts, And Est’d GDO, GDP+, And Final Sales
Following up on Jim’s post yesterday, thoughts on measurement error and prospects. Note that GDP surprised on the downside, at 1.6 ppts q/q AR vs. consensus 2.5 ppts. On the other hand, GDP+ grows faster, as does final sales to private domestic purchasers. Figure 1: GDP (bold black), GDPNow as of 4/24 (light blue square), GDPNow as […]
Nvidia’s Stock May Not Have Much Further To Rise
Image Source: Pixabay Nvidia (NVDA) helped to drive the S&P 500’s rebound on Friday, April 25, 2024.Video Length: 00:08:05More By This Author:The 10-Yr Moved Sharply Higher On Surprise GDP Report Stocks Stall Ahead Of Massive Data Dump And Earnings Stocks Rally Again As Rates And The Dollar Stay On Vacation
S&P 500, Nasdaq Wrap Up Best Week Of 2024
A rising tech sector lifted all stocks today. The S&P 500 and Nasdaq finished Friday with sizable gains to secure their first weekly wins this month and best since Nov. 3, with the latter also seeing its best single-session percentage pop since Feb. 22. The Dow has now logged back-to-back weekly wins, while Wall Street’s “fear gauge,” the […]
Ford Loses $132,000 On Each EV Produced, Good News, EV Sales Down 20 Percent
My tongue-in-cheek “good news” comment aside, Ford Just Reported a Massive Loss on Every Electric Vehicle it Sold. Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping to drag down earnings […]
AskSlim Market Week – Friday, April 26
Image Source: Pixabay In this video, trading pro Steve Miller and his team share unique analysis and commentary on the financial markets.Video Length: 01:11:07More By This Author:AskSlim Market Week – Friday, April 19 AskSlim Market Week – Friday, April 12 AskSlim Market Week – Friday, March 28
U.S. Economic Growth Slows. Is There Cause For Concern?
Video Length: 00:05:42 On the latest edition of Market Week in Review, Investment Strategist BeiChen Lin and Sophie Antal-Gilbert, Head of AIS Portfolio & Business Consulting, discussed the U.S. first-quarter GDP (gross domestic product) reading. They also reviewed the latest U.S. inflation data and provided an update on the U.S. first-quarter earnings season. Q1 economic […]
GDP Growth Slows In Q1: 5 ETFs To Invest In
Image Source: Pixabay The world’s biggest economy emerged weaker at the start of 2024 due to lower consumer and government spending amid growing inflation. The economy expanded at the slowest pace in two years, with GDP rising 1.6% annually in the first quarter, missing Wall Street expectations of a 2.4% increase.The growth reflects a clear slowdown […]
3 Asset Classes That Profit From High Inflation
Image courtesy of 123rf.com In Q1 2024, the US crossed the historic milestone of paying over $1 trillion on interest payments. As a consequence of an unprecedented $5 trillion money supply boost since 2020, the US experienced an equally rapid inflation rise not seen since the 1980s.Likewise, the Federal Reserve then engaged in the fastest rate hike since the 1980s, […]
3 Dividend Stocks For 10%+ Annual Returns
Image Source: Pixabay The U.S. stock market continues to climb the wall of worry, despite persistent inflation and elevated geopolitical risks. The Wilshire 5000 index (a broader gauge of the total U.S. stock market) has gained 21% in the past year, not including dividends.The stock market rally has caused dividend yields to fall. The S&P 500, […]
