Markets In The Green: Prospects For New Highs Every Day
Green, green, green. It’s all we’ve seen for the past month. It’s getting to the point where the prospect of yet again seeing Lifetime Highs every single trading day of the month is becoming possible.
In Recession? Real Time Vs. Final Revised Data
Di Martino Booth points to the McKelvey rule, which uses a 0.3 ppt threshold instead of the Sahm 0.5 ppt threshold. This indicator does seem to signal a recession.
Why The U.S. Is Already In A Recession?
From the NYSE site, Caroline Woods and Danielle DiMartino Booth discuss the Fed's continued fight against inflation, the spending power of U.S. Consumers, and how AI could impact the labor market.
South Korea’s New Way To Pursue Safety
While gold bullion is most often sold in bar or 1oz coin form, the Korean retail market is benefitting from gold’s latest success with a very atypical marketing strategy.
This Bull-Trap Could Make Our Entire Week
Emini is trending higher, while Nasdaq is chopped up and sideways? This “divergence” after such a BIG MOVE higher this week tells me this Bull Trap could be our biggest win of the week!
Financial Markets Report For Thursday, May 9
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, May 9.
Has The Liquidity Drain Hit The Market Yet Or Not?
Stocks traded higher today following initial claims data, which was a bit higher than estimates. In the end, nothing happened, and the market had nothing else to trade on.
Current Analysis: Xerox Holdings Corporation
Xerox Holdings Corp (XRX) is an original equipment manufacturing and software company. Over the past year, Xerox's share price fell over 7.8% from $14.78 to $13.62 as of Thursday’s market close.
Asia Open: Rate Cut Optimism Fuelled By Higher US Jobless Claims
However, there's a palpable sense of groggy momentum as investors brace themselves for next week's pivotal US inflation data release.
As The Dollar Falters, Gold Becomes Insurance, Not Speculation
Buying physical gold is purchasing insurance against monetary mischief by the Federal Reserve, not to earn a profit via a quick flip.
Curaleaf Reports 16% Reduction In Net Loss In Q1 Financial Report
Curaleaf has evolved from an MSO to an MCO, a multi-country operator, doing business in 15 countries worldwide with the expectation of creating further separation from their peers.
S&P 500 & Nasdaq 100 Elliott Wave Update
Follow through to the upside was the ticket for Thursday. Although stronger in the ES than the NQ both managed to finish with some strength.
Stocks Rally As The Dollar Falls On Weak Jobless Claims
The dollar weakened on disappointing jobless claims data.
How Retail Could Get Ravaged
The money supply is on the move, that’s for sure… but not into consumers’ pockets.
Stocks And Precious Metals Charts - Waffling Around
Gold and silver rallied higher to their breakout points.
SoundHound Q1 Revenue Jumps 73%, Tops Expectations
SoundHound stock is now down nearly 45% versus its year-to-date high.
Market Talk - Thursday, May 9
The major European stock markets had a green day today.
Dow Logs 7th Straight As Wall Street Rally Gains Steam
Wall Street left pessimism in the dust today after jobless claims boosted hopes of an interest rate cut before the year's end.
Stubborn Inflation And Debt Crisis: Warning Of Economic 'Death By 1,000 Cuts’
A discussion about the stubborn inflation gripping the economy, the looming crisis in commercial real estate refinancing, and the risk of a “death by a thousand cuts” scenario.
Russell 2000 Earnings Dashboard 24Q1 - Thursday, May 9
The 24Q1 Y/Y blended earnings growth estimate is 0.7%. If the energy sector is excluded, the growth rate for the index is 14.8%.