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The $S&P 500 Index (.SPX.US)$ scaled new heights on Friday, reaching a historic peak as optimism for reduced interest rates and sustained growth in 2024 overshadowed the preceding two tumultuous years marked by rampant inflation, banking sector upheavals, and widespread economic uncertainty.
Market Roller Coaster
The stock market experienced a shaky start in early 2022, rattled by concerns that escalating inflation would...
Market Roller Coaster
The stock market experienced a shaky start in early 2022, rattled by concerns that escalating inflation would...
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Kazakhstan's Kazatomprom, the world's leading uranium miner, has signaled potential curtailments in its 2024 production forecast due to constraints in the availability of sulfuric acid in January. Kazatomprom accounts for over one-fifth of the world's production. The announcement spurred demand, driving a 15% spike in uranium prices this month to $106/lb on Jan 22, a high not seen since November 2007.
We previously a...
We previously a...
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Given continuing concerns in the market about inflation, what is the $S&P 500 Index (.SPX.US)$ reporting for earnings for Q4?
$GE Aerospace (GE.US)$, $3M (MMM.US)$, and $Lockheed Martin (LMT.US)$ exceeded expectations for Q4, although their future outlooks didn't inspire much confidence. Meanwhile, $Verizon (VZ.US)$ and $United Airlines (UAL.US)$ both jumped on strong earnings, though the airlin...
$GE Aerospace (GE.US)$, $3M (MMM.US)$, and $Lockheed Martin (LMT.US)$ exceeded expectations for Q4, although their future outlooks didn't inspire much confidence. Meanwhile, $Verizon (VZ.US)$ and $United Airlines (UAL.US)$ both jumped on strong earnings, though the airlin...
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Following Florida Governor Ron DeSantis' recent announcement that he will not be seeking the presidency in 2024, former President Donald Trump's prolonged momentum during the primary season boosted a significant spike in Trump-related equities.
Software developer $Phunware (PHUN.US)$, which was hired by Trump's 2020 presidential re-election campaign to build a phone app, ended 41.55% higher. The company has ralli...
Software developer $Phunware (PHUN.US)$, which was hired by Trump's 2020 presidential re-election campaign to build a phone app, ended 41.55% higher. The company has ralli...
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$Super Micro Computer (SMCI.US)$
I think last Friday breakout was the beginning of the BIG trend.
1.. Semiconductors is considered as the strongest industry in entire market right now. The higher timeframe of $iShares Semiconductor ETF (SOXX.US)$ $VanEck Semiconductor ETF (SMH.US)$
2. Incredible earnings and revenue, the growth of last few quarters have been showing the C and A characteristics in CANSLIM
3. Weekly chart is textbook
4. This recent guidance update UNEXPECTE...
I think last Friday breakout was the beginning of the BIG trend.
1.. Semiconductors is considered as the strongest industry in entire market right now. The higher timeframe of $iShares Semiconductor ETF (SOXX.US)$ $VanEck Semiconductor ETF (SMH.US)$
2. Incredible earnings and revenue, the growth of last few quarters have been showing the C and A characteristics in CANSLIM
3. Weekly chart is textbook
4. This recent guidance update UNEXPECTE...
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Nancy Pelosi, the 52nd Speaker of the US House of Representatives, has reportedly purchased $5 million worth of $NVIDIA (NVDA.US)$call options. The Pelosis announced in July 2022 that they had sold 25,000 shares of Nvidia at an average price of $165.05, incurring a loss of $341,365. With Nvidia shares up over 227% this year, Nancy Pelosi is back in on the stock, buying 50 call options with a strike price of $120. The...
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