5 Best-Performing Technology ETFs Of 2023
Given the broad-based rally across sectors, we have highlighted five best-performing ETFs from different industries that have made technology the best performer.
A Glimpse Of The Future For Gold/Silver Miners
One of the (many) disappointing things about the gold/silver miners has been their failure to respond when precious metals have gone up.
Softs Report - Thursday, Dec.. 14
FCOJ closed lower again yesterday but remain in a trading range.
Fed Holds Policy Rate At 22-Year High – That’s The Good News
Central banks stop hiking rates when inflation falls and the economy starts showing stress from the prior tightening cycle. That’s happening now.
Most Active Equity Options For Midday - Thursday, Dec. 14
Here are the most active equity options for midday.
Lagarde Pushes Back On Aggressive Rate Cut Expectations
Today’s ECB meeting confirmed our base case scenario of a gradual shift towards full dovishness, with rate cuts starting in June.
AUD/USD Climbs Into A Four-Month High, Bulls Aim For 0.6800
AUD/USD hit a four-month high in early Thursday on Australian data beats.
Buffett Just Loaded Up On Shares Of Occidental Petroleum: Should You Too?
Occidental Petroleum stock is currently down more than 10% versus its YTD high.
Don’t Mind That Man Behind The Curtain Dovish Fed? The Corn & Ethanol Report
The pattern across Brazil is worrisome as net soil moisture loss is extended well into January.
Dow Extends Rally As Treasury Yields Tank
The Dow Jones Industrial Average is charging full speed ahead, up 78 points this afternoon after yesterday closing at record highs, on the heels of the Federal Reserve's rate decision.
Semiconductors Attempting Bullish Cup and Handle Breakout
Within the technology sector, the Semiconductors are an area that is often out-performing. Today, we highlight why active investors should be watching the Semis.
News And The Market-Implied Fed Funds Path
Ten-year Treasury yield fell with the FOMC announcement, as CME contracts indicated a lower trajectory.
Jefferies Raises Adobe PT To $700, Downplays Weak 2024 Guidance
Analysts at Jefferies raised their price target on Adobe stock to $700 despite soft 2024 guidance.
Biden Administration Runs Record November Budget Deficit
The Biden administration just ran the largest November budget deficit in history. And it managed this feat even with a 9% increase in government receipts.
Analytical Overview Of The Main Currency Pairs - Thursday, Dec. 14
From the point of view of technical analysis, the trend on the GBP/USD currency pair on the hourly time frame has changed to a bullish one.
The Energy Report: The Feds Job.
Do we raise the “Mission Accomplished” banner over the Federal Reserve building in Washington DC? If so, energy and oil traders should be thanked for doing the Federal Reserve’s job for them. You’re welcome.
US Consumers Remain Resilient Despite Fed Dovishness
US retail sales performed much better than expected in November, suggesting households remain happy to spend despite intensifying financial pressures.
S&P 500 Forecast: Runs Amok
At the end of the day, the S&P 500's slight rally indicates a positive outlook, but the market remains sensitive to external factors, particularly the Federal Reserve's decisions.
Russell 2000 Earnings Dashboard 23Q3 - Thursday, Dec. 14
The 23Q3 Y/Y blended earnings growth estimate is -9.9%. If the energy sector is excluded, the growth rate for the index is -5.8%.
Gold Price Rallies Above $2,000 After Dovish FOMC
XAU/USD is strongly bullish as the DXY crashed after the FOMC. Taking out the resistance levels may announce further growth towards the median line. The BOE and ECB should bring high volatility today.