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Stocks were pretty flat yesterday, and we were in a boring sideways session. There is little to say besides that the index is hitting resistance around the 78% retracement level and the 5,198 gap has...
It was a bit of an off day. The gap down had all the makings of a substantial sell-off (one I tried to short), but in the end, it was longs who came out on top.The question for today is if yesterday's...
After the introduction of Gold and Silver ETFs and a 13-year secular bear market, everyone knows gold miners suck. Just ask Hugh Hendry.But the truth is far more nuanced. Here is almost everything you...
Yesterday we covered the Retail Sector XRT and how important the consumer is to the health of the US Economy.Furthermore, we have been commenting on the transportation sector through IYT and how...
As the first earnings cycle of 2024 continues, Shopify (NYSE:SHOP) just stepped up to the plate with a swing and an apparent miss. The company’s recently published financial results demonstrated...
Tesla (NASDAQ:TSLA) faces a federal probe over potential securities and wire fraud related to its self-driving technology claims.U.S. prosecutors are reportedly investigating Tesla for potential...
Compared to its long-standing adversary AMD (NASDAQ:AMD), Intel (NASDAQ:INTC) severely underperformed. Year-to-date, AMD stock gained 11.5%, while INTC shares lost 37.4%. Over one year, this...
Goldman Sachs (NYSE:GS) recently provided an insightful analysis of the performance and prospects of key companies within the Indian internet sector. Let's break down the key points highlighted in...
US indices have been gaining daily since the beginning of May. They have found strength amid relatively weak job reports and quite upbeat quarterly earnings. The S&P500 and Nasdaq 100 indices are...
Despite a decline in Q1 2024 earnings, Saudi Aramco announced a hefty dividend payout. Aramco remains committed to rewarding shareholders, projecting a total 2024 dividend payout of $124.3...
U.S.-listed China stocks have come back in favor with investors following their year-long selloff. There are several bargain-buying opportunities in some of the most well-known Chinese companies. As...
Cutting workforce while solving hard challenges paints a bleak picture. Can Musk's managerial skills pull Tesla (NASDAQ:TSLA) through?Tesla continues to ramp up its efforts to become a leaner EV...
The choices we make as consumers collectively shape the economic landscape, and our spending patterns influence the well-being of our communities and the nation.And Granny Retail XRT always has a lot...
AbbVie had a better-than-expected quarter and guided higher; the post-release price drop is a dip you can buy. Analysts lowered their targets but trimmed the high end of the range, which still implies...
In the world of investing, diversification is often touted as the key to success. While this holds true, there's another strategy that savvy investors swear by – the inclusion of high-quality...