Content
There Are Good Reasons Why Consumer Confidence Is Low
Article By:
Mises Institute
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Friday, May 17, 2024 4:13 PM EDT
The overall Consumer Confidence Index now has three months of decline but remains out of negative territory.
Precious Metals And Base Metals Out Of Control
Article By:
Pretiorates
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Friday, May 17, 2024 3:59 PM EDT
Even if there are further consolidations and emotional sell-offs in the near future, as long as a premium is paid on physical Gold and Silver in Shanghai, the bull market is likely to continue.
Not With A Bang But A Whimper
Article By:
Interactive Brokers
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Friday, May 17, 2024 3:00 PM EDT
Today’s news that GME is selling stock has put yet another damper on this week’s runup. Quite frankly, they are a few days too late.
Historic Moves In The Utilities Sector
Article By:
Bespoke Investment Group
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Friday, May 17, 2024 2:48 PM EDT
At one point last week, XLU closed higher than it opened on 16 out of its prior 17 trading days.
In this article: XLU
Gold Miners’ Q1’24 Fundamentals
Article By:
Adam Hamilton
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Friday, May 17, 2024 2:24 PM EDT
The major gold miners just wrapped up another quarterly earnings season, reporting great results. Sector unit profits continued blasting higher on stable production, lower mining costs, and record prevailing gold prices.
In this article: GDX
Comparing New And Current U.S. Tariffs On Chinese Imports
Article By:
Jeff Desjardins
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Friday, May 17, 2024 2:12 PM EDT
This week, the U.S. introduced a new series of tariff increases on Chinese imports, amounting to over $18 billion worth of goods.
Is China Dumping U.S. Treasuries And Buying Gold?
Article By:
Mish Shedlock
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Friday, May 17, 2024 2:00 PM EDT
Bloomberg reported that China is selling a record amount of US debt while buying gold. Previous reports of debt selling were false.
SPY And QQQ ETFs: Don’t Sell In May And Go Away
Article By:
Crispus Nyaga
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Friday, May 17, 2024 1:47 PM EDT
SPY has risen for three straight weeks and is trading at a record high of $530 while QQQ has soared to $452.
XRP Forecast: Analyst Identifies Crucial Period Ahead
Article By:
Crypto Adventure
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Friday, May 17, 2024 1:34 PM EDT
XRP has failed to match its rivals in hitting new heights in this year’s bull rally, and according to one analyst, its aggressive bullish opportunity is winding up.
In this article: XRP-X
Kostin Year End S&P PT: 5200, AMAT, NVDA Earnings Next Week
Article By:
Greg Feirman
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Friday, May 17, 2024 1:21 PM EDT
While the S&P has broken out to new all-time highs and technicians are in a frenzy, things might have gotten a little ahead of themselves.
Grains Report - Friday, May 17
Article By:
Jack Scoville
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Friday, May 17, 2024 1:08 PM EDT
Rice closed near unchanged in consolidation trading. The futures market overall remained in a short term trading range.
Chart Says Investors Are Bracing For Stock Market Crash
Article By:
Moe Zulfiqar
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Friday, May 17, 2024 12:42 PM EDT
Utilities stocks have been flying. In fact, year-to-date, utilities stocks have been beating the S&P 500 by a decent margin.
May SPF GDP Forecast
Article By:
Menzie Chinn
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Friday, May 17, 2024 12:29 PM EDT
Unlike the Nov ’23 and Feb ’24 trajectories, the gap between the Feb ’24 and May ’24 is trivial.
Would AI Agents Disrupt Apple’s App Business?
Article By:
Sramana Mitra
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Friday, May 17, 2024 12:05 PM EDT
Apple is looking for the next big bet to take its business forward. It recently called quits on the $10 billion project of building a self-driving car.
In this article: AAPL