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Updated: 1 hour 18 min ago

All Eyes On Friday's US Core PCE

Fri, 01/26/2024 - 03:20
Thursday’s US Q4 GDP beat was offset by a larger-than-expected decline in the price index component and below forecast durable goods and jobless claims. In the end, the US Dollar comes into Friday relatively flat.

Elliott Wave Technical Analysis Day Chart: U.S. Dollar/Canadian Dollar - Friday, Jan. 26

Fri, 01/26/2024 - 02:55
Traders are advised to closely monitor the market, with a focus on the invalidation level at 1.35349.

Elliott Wave Technical Analysis 4 Hour Chart: U.S. Dollar/Canadian Dollar - Friday, Jan. 26

Fri, 01/26/2024 - 02:43
The USD/CAD Elliott Wave analysis indicates an impulsive counter-trend movement, with blue wave 5 of C in progress.

The Federal Government’s Version Of "Fiscal Responsibility" Offends Merriam And Webster

Fri, 01/26/2024 - 02:22
Politicians in Washington are so removed from reality that they truly believe their fiscal policies can do anything but hinder progress, hamper productivity, and forcibly distribute people’s property against their wishes.

Financial Planning Using Indices: From Taxes To Factors

Fri, 01/26/2024 - 01:37
A practical look at the importance of tax management and the role of indexing in building a comprehensive plan for clients.

Apple’s iPhone Leads China Tech Race With Tough Competition

Fri, 01/26/2024 - 00:08
In a surprising turn of events, Apple Inc.’s iPhone emerged as the best-selling smartphone series in China for the first time in 2023.

Russell 2000 Earnings Dashboard 23Q4

Thu, 01/25/2024 - 23:23
The 23Q4 Y/Y blended earnings growth estimate is -11.3%. If the energy sector is excluded, the growth rate for the index is -3.6%.

Bank Bailout Fund 'Arb' Usage Soars (Again) Amid Money-Market Fund Outflows, Large RRP Drain

Thu, 01/25/2024 - 22:38
Money-market fund assets fell for a second week in a row, led by the departure of assets from institutional funds, as investors continued to reallocate portfolios in the new year.

Is The U.S. Economy Actually Growing?

Thu, 01/25/2024 - 20:53
How is it possible that layoffs were up 98 percent in 2023 while the U.S. economy was supposedly “growing” all year long? It appears that something fishy is going on.

Rates Spark: Feeding The Doves

Thu, 01/25/2024 - 20:09
Euro curves bull steepened on the lack of pushback on rate cuts by ECB President Lagarde at the press conference.

Elliott Wave Analysis: S&P 500, Nasdaq 100, DAX 40, FTSE 100, ASX200

Thu, 01/25/2024 - 19:40
The current analysis of the market suggests that Elliott Wave iv) is on the verge of completing its course, revealing distinct patterns.

Chart Of The Day: Summit Therapeutics Begins To Soar

Thu, 01/25/2024 - 19:24
Summit Therapeutics Inc., a biopharmaceutical company, researches and develops primarily oncology therapies in the United States and the United Kingdom.

Let The Good Times Roll

Thu, 01/25/2024 - 18:39
Contrary to expectations at the start of last year, tighter monetary policy and credit conditions did not lead the U.S. economy into recession.

Dividend Aristocrat Growing Dividends For 67 Years Is Now On Sale

Thu, 01/25/2024 - 17:54
A detailed analysis of Genuine Parts with long-term dividend income and growth potential.

What If You Only Buy The Magnificent 7 Stocks?

Thu, 01/25/2024 - 16:55
A discussion about how to get exposure to the Magnificent 7 stocks, either through ETFs or just by owning the individual stocks themselves.

Stocks And Precious Metals Charts - Jogging In Place

Thu, 01/25/2024 - 16:42
Stocks did a bit of a pop and flop today, led by the 'Magnificent 7' tech stocks. Gold, silver, and the dollar all drifted higher.

Shorts Keep Falling

Thu, 01/25/2024 - 16:29
The 10% of stocks in the Russell 1,000 that began the year with the highest short interest as a percentage of float are down an average of 8.18% YTD.

Intel Tumbles After Guidance Misses Expectations Despite Strong Q4 Earnings

Thu, 01/25/2024 - 16:16
The world's largest market of computer processors (if certainly not by market cap) regressed to its old ways, reporting earnings that beat expectations yet guiding well below street estimates.

Market Talk - Thursday, Jan. 25

Thu, 01/25/2024 - 16:03
The U.S. economy experienced robust growth, with the gross domestic product (GDP) increasing at a 3.3% annualized rate in the fourth quarter of 2023, surpassing the Wall Street expectation of 2%.

Will PCE Reaffirm High Inflation?

Thu, 01/25/2024 - 15:50
A discussion about the expectation of inflation remaining relatively high and the impact on consumer spending.

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