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Updated: 2 hours 29 min ago

Magnificent 7 Earnings Results Solidify Market Leadership

Sat, 02/03/2024 - 12:20
We have seen some awe-inspiring results from Microsoft, Meta Platforms, and Amazon in recent days. These companies, along with their peers in the ‘Magnificent 7’ group led the market higher last year, and that momentum has continued this year.

Basketball-Maker Will Bounce Back From IPO Brick

Sat, 02/03/2024 - 12:00
If any company knows how to rebound from an ugly brick shot, it should be one in the basketball business. Amer Sports badly missed on the pricing of its initial public offering, despite having an all-star roster of underwriters.

Wall Street's Top 10 Stock Calls This Week - Saturday, Feb. 3

Sat, 02/03/2024 - 11:40
What has Wall Street been buzzing about this week? Here are the top 5 buy calls and the top 5 sell calls made by Wall Street's best analysts during the week of Jan. 29 through Feb. 2.

Industrial Size Surplus

Sat, 02/03/2024 - 11:20
I previously predicted “a muddle-through year.” That’s still what I expect -- but not for everyone, nor for every corner of the economy. Some people are going to have problems. One sector I think will face problems is commercial real estate.

USDCAD, USDCAD Analysis & USDCAD Price Prediction Forecast - Saturday, February 3

Sat, 02/03/2024 - 10:57
Today you will see USDCAD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for USDCAD. What to expect where the price will breakout for the USDCAD based on the supply and demand zones.

AUD/USD tumbles following US jobs report, RBA decision awaited

Sat, 02/03/2024 - 10:41
AUD/USD falls to 0.6511 after US jobs report beats forecasts, reducing prospects for near-term Fed rate cut. US sees 353K job additions in January with Hourly Earnings rise, underscoring a strong labor market, uplifting USD..

Interest on the National Debt—Who Does It Go To?

Sat, 02/03/2024 - 09:47
This week, to start off “Ask an Economist” for the year, I have a question from Stan K. about the national debt. I’m happy to report that after asking for questions in early January, I have received the most ever.

4 Non-Ferrous Metal Mining Stocks Countering Industry Headwinds

Sat, 02/03/2024 - 09:03
Against this backdrop, we suggest keeping a close eye on companies like Southern Copper Corporation (SCCO) , Ero Copper (ERO​​​​​​​) , Coeur Mining (CDE) and Centrus Energy (LEU) .

Markets Are Leading The Economy A Little Too Much

Sat, 02/03/2024 - 08:56
We have discussed the need for a market correction over the last few weeks. On Wednesday, the FOMC statement sent the stock lower as Jerome Powell eliminated the possibility of a rate cut by March.

USDJPY, USDJPY Analysis Today & USDJPY Price Prediction Forecast - Saturday, February 3

Sat, 02/03/2024 - 08:41
Today you will see USDJPY price prediction based on the technical analysis. What is the support and resistance on the daily time frame for USDJPY. What to expect where the price will breakout for the USDJPY based on the supply and demand zones.

Technical Market Report - Saturday, February 3

Sat, 02/03/2024 - 07:54
The Dow Jones Industrial average (DJIA) and S&P 500 (SPX) closed at an all time highs Friday while the  NASDAQ composite (OTC) closed at a multi year high.

Week Ahead: Markets Digest New Economic Divergence After US Employment Report

Sat, 02/03/2024 - 07:23
The US employment data blew away expectations, jumping by 353k, nearly twice the median forecasts.

The Business Cycle & The Inventory Cycle

Sat, 02/03/2024 - 06:55
Learn how the business cycle and the inventory cycle help you to recognize risks and opportunities in the financial markets. Their trends show you which market sectors are likely to outperform the averages.

GOLD Trading Strategy, XAUUSD Analysis & XAUUSD Forecast - Saturday, February 3

Sat, 02/03/2024 - 06:32
Today you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD. What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.

Forex And Cryptocurrencies Forecast For The Week Of February 5-9

Sat, 02/03/2024 - 06:13
Throughout January, a series of indicators: GDP, employment, and retail sales, consistently highlighted the strength of the US economy.

A Comparison Of 9 Artificial Intelligence Category Returns In January

Sat, 02/03/2024 - 05:35
As a regular reader of my frequent articles on AI It may sometimes be difficult to comparing each of the 9 AI categories with each other so this article is a synopsis of the performances of each of those categories for the month of January.

EUR/GBP Edges Mildly Higher, Still Tallies A Losing Week

Sat, 02/03/2024 - 05:16
The EUR/GBP mildly gained to settle at 0.8535, marking a slight retreat for bears after January's significant push. The cross will tally its sixth consecutive losing week.

Apple Returns To Revenue Growth: 5 ETFs In Focus

Sat, 02/03/2024 - 04:33
Apple Inc. (AAPL) reported solid first-quarter fiscal 2024 results, wherein it beat estimates on both earnings and revenues.

US Dollar, USDX Index Analysis, US Dollar Index & USDX Dollar Forecast - Saturday, February 3

Sat, 02/03/2024 - 03:56
Today you will see US Dollar index price prediction based on the technical analysis. What is the support and resistance on the daily time frame for USDX.

Bezos Files To Sell About $8.6 Billion In Amazon Stock Before January 2025

Sat, 02/03/2024 - 03:38
Though the market is raging higher to end the week, following excellent earnings reports from the likes of Amazon and Meta, there's at least one person that isn't going to be a buyer: Jeff Bezos.

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