Article By:
Zacks Investment Research
Saturday, April 27, 2024 1:45 AM EDT
Last week, American Airlines, Southwest Airlines, JetBlue Airways, and Hawaiian Holdings released first-quarter 2024 results. While air travel demand was upbeat, high costs hurt results.
In this article: LUV, ALGT, HA, JBLU, AAL
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Article By:
Small Cap Power
Saturday, April 27, 2024 12:40 AM EDT
Bank of America Head of Global Commodities Francisco Blanch says that copper stands alone as the one commodity that will benefit from the global energy transition.
In this article: COPX
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Video By:
Dimitri Speck
Friday, April 26, 2024 11:50 PM EDT
Kering’s profitability is firmly tied to the performance of it’s Gucci brand with Bloomberg reporting that Kering derives nearly 70% of its profitability from Gucci.
In this video: PPRUY
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Article By:
MoneyShow.com
Friday, April 26, 2024 11:25 PM EDT
We are raising our rating on Goldman Sachs Group Inc. (GS) to “Buy” from “Hold” following 1Q results, which demonstrated the considerable strengths of the Goldman franchise during an investment banking upturn.
In this article: GS Also: GM
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Article By:
Tyler Durden
Friday, April 26, 2024 11:00 PM EDT
For those curious, owning a flamethrower is broadly legal across the United States, with Maryland being the exception, as the state has effectively banned these devices. In California, flamethrowers are legal but require a permit.
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Video By:
Peter Mathers
Friday, April 26, 2024 10:35 PM EDT
Elliott Wave analysis for Nasdaq tech stocks indicates that there might be a potential for building long positions as the Wave (4) low appears to be in place, suggesting a shift to a "Risk On" trading stance...
In this video: AAPL, AMZN, MSFT, NFLX, NVDA, TSLA, NDX, META, SPX, GOOGL
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Video By:
Chris Ciovacco
Friday, April 26, 2024 10:10 PM EDT
After the previous week's wave of selling, the S&P 500 came roaring back. What should we look for in terms of assessing "is it over" vs. "more downside to come" odds?
In this video: CHG, WMT, QQQ, GLD, ITB, IWM, KRE, RSP, SPY, VOO, XLE, XLK, SPX
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The Mag 7 companies are expected to bring in 20.6% of the S&P 500 index’s total earnings in 2024.
If we want 2% inflation, then we need M to grow about 2% faster than GDP.
The current correction is becoming increasingly oversold, which suggests a bounce is likely toward the previous support of the 50-DMA.
Wall Street has significantly revised its expectations for Fed rate cuts in 2023. Traders have shifted their bets from initially anticipating seven cuts to now predicting just one.
Buying undervalued dividend stocks with growth potential could lead to above-average returns.
Yields are trading at resistance from a technical point of view and from the Elliott Wave perspective.
