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Financial

Quarterly QCEW Data Provides More Evidence Of BLS Jobs Overstatement

November 20, 2024 - by - Leave a Comment

(Click on image to enlarge)Data from the BLS, chart by MishQCEW data for this post is from today’s BLS release .Chart Notes The Quarterly Census of Employment and Wages (QCEW) is …

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Financial

How Long Until Netflix Stock Hits $1,000?

November 20, 2024 - by - Leave a Comment

Image Source:  Netflix Inc (Nasdaq: ) has been an exceptionally lucrative investment since 2022. Some of its investors have even been able to 5x their capital in less than three …

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Financial

What To Look For If Housing Construction Does Forecast A Recession

November 20, 2024 - by - Leave a Comment

No data today, but since it is mainly a housing week, let me pick up on a topic I discussed at the end of yesterday’s post; namely, if housing does …

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Financial

Russia Threatens Nukes – Nvidia The Focus

November 20, 2024 - by - Leave a Comment

The major stock market indices are within a solid day or two of all-time highs. From now into January is the most seasonally strong period. On Monday and Tuesday the …

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Financial

LLY Stock Rebounds Amid AI-Driven ALS Research Breakthroughs

November 20, 2024 - by - Leave a Comment

Image courtesy of  Verge Genomics and Eli Lilly (NYSE: ) have  significant progress in their joint efforts to develop novel treatments for amyotrophic lateral sclerosis (ALS), a debilitating neurodegenerative disease. Since …

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Financial

Softs Report – Wednesday, Nov. 20

November 20, 2024 - by - Leave a Comment

COTTON General Comments: Cotton was a little higher yesterday after a choppy session and the trends are still down in this market. Futures posted new contract lows in early trading, …

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Financial

Here’s What Wall Street Experts Are Saying About Nvidia Ahead Of Earnings

November 20, 2024 - by - Leave a Comment

Image Source:  Nvidia () is scheduled to report results of its third fiscal quarter after the market close on Wednesday, November 20, with a conference call scheduled for 5:00 pm ET. What …

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Financial

FTSE Muted As Sticky Inflation Data Deflates Homebuilders

November 20, 2024 - by - Leave a Comment

Image Source:  Hotter-than-expected inflation statistics dampened expectations for swift interest rate drops and overshadowed optimism surrounding software company Sage’s positive quarterly profit, which caused the UK’s FTSE indices to remain …

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Financial

Dow Pivots Lower As Target Earnings Drag Retail Sector

November 20, 2024 - by - Leave a Comment

Stocks continue to give back their post-election gains, slipping today on the heels of Target’s () dismal quarterly report. The Dow Jones Industrial Average () is down  at last check and is …

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Financial

Unlocking ASX Trading Success: Suncorp Group Limited

November 20, 2024 - by - Leave a Comment

ASX: SUNCORP GROUP LIMITED – SUN Elliott Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with SUNCORP GROUP LIMITED – SUN. We see ASX:SUN continuing …

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