Why Oil Prices Could Defy Sellers and The Bears
What has been weighing on oil prices?
A stronger dollar
Firm interest rates
Slower US factory activity (4 month low) because of tariffs
Talk of Russia-Ukraine Peace deal-allowing...
Black Friday Deals: What US Earnings Say About Cautious Consumer
Value-focused retailers like Walmart and TJX are thriving as consumers cut back on discretionary items and trade down from mid-tier stores.
Despite near-record low consumer...
Musk’s Pay Vote and BofA’s Rare Investor Day Headline Shareholder Events Calendar
A packed week of shareholder meetings and investor days could set the market’s tone for November
Elon Musk’s $1 trillion compensation vote and BofA’s first...
Citigroup Stock Testing 50-Day Moving Average As Earnings Near
Stocks remain elevated as 3rd quarter earnings season is about to kick off.
This includes most mega cap bank stocks.
Today we look at Citigroup (C)...
Utilities Sector Eyeing Major Price Breakout
The stock market has delivered big gains thus far this year.
But stocks aren't the only winners. Gold, Silver, and Bitcoin are also among...
Biotech Sector ETF (XBI): Trend Following Higher
As stocks continue to climb higher, several lagging sectors are playing catch up.
One such sector is the SPDR Biotech Sector ETF (XBI).
While it IS...
Materials Sector ETF (XLB): Big Test Of Price Support
The Materials Sector ETF (NYSEARCA: XLB) experienced a nice rally from April to July.
But that rally stalled near prior highs (price resistance). And its...
Analyst Days and Shareholder Meetings Add To Macro Backdrop
Uber, Visa, Apple, and Nike host company events this week ahead of August inflation data
CrowdStrike, Wynn Resorts, Alibaba, and FedEx hold meetings after the...
Will Tokenization Take IBM Stock Higher?
I am busy researching asset tokenization.
There is a lot to unpack.
However, in my current research (and stay tuned for more to come), I looked...
Key Stock Market ETFs Outperforming The S&P 500
Even with Monday’s correction, small caps continue to see rotation.
The Russell 2000 ETF (NYSEARCA: IWM) had a topping pattern last week.
Nonetheless, the outperformance of...
