Facebook 3Q Earnings Overview: Inside The Metaverse
Facebook announced strong 3rd quarter earnings this week while continuing their transition toward "Metaverse", the company's new name.
During Facebook's 3rd quarter earnings announcement, two...
Hang Seng Index Testing 23-Year Rising Trend Line!
Amidst the on-going concerns about COVID, inflation, and a potential energy crisis, we also have China to worry about.
That is, the Chinese stock market....
Has the Housing Market Topped?
Tuesday’s stock market trading session showed mixed price action amid positive earnings reports and a 14% increase in home sales for September.
Focusing on the...
Apple iPhone and the Power of The Platform
Personal computers revolutionized the world decades ago. Then came smartphones, which took less than ten years to penetrate most U.S. households.
Not only was this...
Why Persistent Inflation Poses Threat To Stock Market
Some inflation data points for you to ponder:
- Inflation is running hot at 5.4%.
- The unemployment rate less “quitters” is 1.9%.
- QE is still...
Labor Market Update: Why Are People Quitting Their Jobs?
Inflation sucks. It is essentially a tax on those consuming goods or services, as things simply cost more. Even worse, it is a regressive...
Netflix (NFLX) Earnings Stock Trade: Key Price Levels To Watch
Netflix (NFLX) reported earnings after Tuesday’s market close.
Although previous earnings for the company have been dreary at best with an average earnings surprise of...
Commodity Currency Pairs USDCAD NZDUSD Nearing Elliott Wave Inflections
Higher stock prices and a reversal lower in US Yields (from prior highs) are putting bearish pressure on the US Dollar.
Further weakness in...
Two Stocks To Watch Through Thursdays Trading Session
Earnings season has taken the stage for the next couple of weeks as the market steadies itself for another move higher.
Of course, another push...
Bitcoin Rally Facing Important Fibonacci Breakout Resistance!
Can anything stop Bitcoin's rising tide? We may know soon.
Bitcoin's recent run-up to over 60,000 is testing its 2020 highs and a key Fibonacci...