US Dollar Closes A Losing Week Following Soft NFP

TalkMarkets - Fri, 05/03/2024 - 22:30
The US Dollar Index (DXY) is visiting the 105 level with sharp losses at the end of the trading week. This comes after Friday’s report of weak US Nonfarm Payrolls (NFP) figures from April, which made markets dump the USD.

These 3 Companies Shattered Quarterly Records

TalkMarkets - Fri, 05/03/2024 - 22:00
Earnings season continues its rapid pace, with a plethora of companies scheduled to deliver results in the coming weeks. The Q1 cycle has turned out to be positive, underpinned by the technology sector’s strong growth.

Dow Jones Industrial Average Gains 450 Points As Investors Up Rate Cut Bets After Softer NFP

TalkMarkets - Fri, 05/03/2024 - 21:30
The Dow Jones Industrial Average gained nearly 1.2% on Friday after a broad miss from US Nonfarm Payrolls) and other key labor data revealed a steep weakening in the US domestic economy, sparking increased bets of rate cuts from the Fed.

3 Intriguing Stocks To Buy After Beating Q1 Earnings Expectations

TalkMarkets - Fri, 05/03/2024 - 21:00
LendingTree, The Timken Company, and Marathon Petroleum were winners in this week's earnings lineup.

Traders Are Delusional If They Think This Bad Jobs Report Is Any Good

TalkMarkets - Fri, 05/03/2024 - 20:30
Tonight, I’ll take you inside - what’s really going on. We’ll look at the current situation in the greenback, the real opportunity in the bond market, and how we did with our expected move.

Investors Re: Rate Cuts - "So You're Telling Me There's A Chance"

TalkMarkets - Fri, 05/03/2024 - 20:00
Investors, like "Lloyd Christmas", dived into the swamp, ignoring hidden risks. Despite a U.S. jobs slowdown, they aggressively bought stocks and bonds.

Bitcoin — A Once In A Lifetime Trade, Never To Be Equaled

TalkMarkets - Fri, 05/03/2024 - 19:30
In this article, we focus on the price discovery history of Bitcoin.

Stocks And Precious Metals Charts - In Service To The Unspeakable

TalkMarkets - Fri, 05/03/2024 - 19:00
The Non-Farm Payrolls report came to light today. Stocks and risk assets were cheered by this, and a sustained rally ensued. Gold and silver were softer as safe havens were tossed aside, but managed to recoup most of their losses.

Here's Why These Tech ETFs Are Worth Buying Now

TalkMarkets - Fri, 05/03/2024 - 18:30
The technology sector suffered big losses last month due to a decline in mega-cap market caps. The stocks in the sector dragged down the S&P 500 index with the biggest monthly decline of 3.6%.

Pages