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Monthly Losses In Sight For Major Indexes
Article By: Schaeffers Research
Tuesday, February 28, 2023 12:26 PM EDT
The Dow Jones Industrial Average is down 81 points this afternoon, looking to deepen its monthly and year-to-date deficits as February comes to a close.
In this article: SIBN, QQQ, SPX, VIX, DJI, CANO, AHCO
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Excessive Fee Rebound
Article By: Louis Harvey
Tuesday, February 28, 2023 12:15 PM EDT
The avalanche of law suits filed against ERISA plan fiduciaries over the last decade may finally be subsiding. The subject went all the way to the Supreme Court that left the matter unresolved.
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Conference Board Tumbles In Feb As 'Hope' Slumps
Article By: Tyler Durden
Tuesday, February 28, 2023 12:14 PM EDT
The Conference Board's gauge of one-year inflation expectations tumbled (after a rebound in January) to its lowest since April 2021.
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How High Can The Gold Price Rally In March?
Article By: Przemyslaw Radomski, CFA
Tuesday, February 28, 2023 12:02 PM EDT
Given how big rallies have accompanied big rallies in the RSI, gold at around $1,860 to $1,870 appears to correspond to an RSI close to 50.
In this article: GLD
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Data Event Of The Week
Article By: Giles Coghlan
Tuesday, February 28, 2023 11:51 AM EDT
A key focus this week will be on the US ISM Non-Manufacturing PMI print.
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First Notice Day March Grains. The Corn & Ethanol Report
Article By: Dan Flynn
Tuesday, February 28, 2023 11:40 AM EDT
On the Corn front, today we have or are rolling into May or July contracts with July being more of a market traders look to trade longer term positions.
In this article: CORN
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Housing Booms End As Financial Issues Arise
Article By: Terence Grennon
Tuesday, February 28, 2023 11:28 AM EDT
Prior to worldwide deterioration, the United States has typically shown signs of declining affordability.
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NZDUSD: Up And Down We Go, But Where From Here?
Article By: Gregor Horvat
Tuesday, February 28, 2023 11:15 AM EDT
NZDUSD can be finishing an A-B-C irregular/expanded flat correction as expected from Elliott wave prespective.
In this article: UUP
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Target Beats Q4 Earnings And Revenue Estimates
Article By: Zacks Investment Research
Tuesday, February 28, 2023 11:01 AM EDT
Target came out with quarterly earnings of $1.89 per share.
In this article: TGT
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Poland’s GDP Up 2% In Fourth Quarter
Article By: ING Economics
Tuesday, February 28, 2023 10:50 AM EDT
The preliminary reading of fourth-quarter GDP growth was confirmed at 2% year-on-year.
In this article: EPOL
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9 Of The 12 Largest American Cannabis MSOs Have A +50% Likelihood Of Going Bust
Article By: Lorimer Wilson
Tuesday, February 28, 2023 10:40 AM EDT
A ranking of the percentage probability of each of the 12 largest MSOs going bankrupt within the next 2 years, their Z Scores, and their stock performances year-to-date.
In this article: GTBIF, TSNDF, PLNHF, CURLF, VRNOF
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Canada Q4 GDP Worse Than Expected, But January Starting On The Right Foot
Article By: Joe Perry
Tuesday, February 28, 2023 10:30 AM EDT
Annualized Q4 GDP for Canada was much worse than expected, with a print of 0% vs an expectation of +1.5% and a Q3 reading of +2.3%.
In this article: FXE, FXC
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The Countdown
Article By: Monica Kingsley
Tuesday, February 28, 2023 10:20 AM EDT
Precious metals haven’t yet found a bottom, gold and miners' daily upswing is a mere pause, which would be extended by the USD relief rally topping out.
In this article: GLD, SLV, JJC (RETIRED)
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IQIYI Inc: On The Verge Of A Major Bull Run Or Doomed To Fail?
Article By: Ming Jong Tey
Tuesday, February 28, 2023 10:10 AM EDT
IQ is consolidating in the BU phase after completing a 10-month accumulation phase. The price is expected to challenge the $8 resistance if the support of 6.5 holds.
In this article: IQ
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US Stocks Recover But Risks Tilted To Downside
Article By: Fawad Razaqzada
Tuesday, February 28, 2023 9:58 AM EDT
Despite the relative calm and firmer European markets, the risks remain skewed to the downside for US indices. In short, it is all because of rising bond yields.
In this article: SPX
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Housing Prices Continue To Come Down - Like A Feather
Article By: New Deal Democrat
Tuesday, February 28, 2023 9:51 AM EDT
This morning the FHFA and Case Shiller house price indexes for December showed continued declines both on a monthly and YoY basis, continuing to presage a similar decline in CPI for shelter by the end of this year.
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