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Tuesday Talk: Vaccinations Up, COVID Cases Down, Market Correcting
Article By: TalkMarkets DailyTalk
Tuesday, February 23, 2021 11:07 AM EDT
While vaccinations are on the rise and COVID-19 cases coming down in the U.S. and Europe and as President Biden marks 500K plus deaths from the virus the market appears to be in a corrective mode.
In this article: TSLA, SLV, BITCOMP
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Consumer Confidence Up In February
Article By: Jill Mislinski
Tuesday, February 23, 2021 11:00 AM EDT
The headline number of 91.3 was an increase from the final reading of 88.9 for January.
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U.S. Housing Prices Index Rose At The Fastest Pace Since April 2014
Article By: Christophe Barraud
Tuesday, February 23, 2021 10:54 AM EDT
In December, a measure of U.S. housing prices in 20 cities rose at the fastest pace since April 2014, boosted by record-low mortgage rates and housing inventory.
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The Markets Await The Words Of Jerome Powell After The Senate
Article By: Admiral Markets
Tuesday, February 23, 2021 10:49 AM EDT
Yesterday’s falls in the Nasdaq and in the SP500 adds to the decreases of last week after the bad unemployment and unemployment request data after marking all-time highs in the US indices in the first half of February.
In this article: NDX
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While Congress Is Meeting To Discuss High Short Interest, The Real Problem May Be Incredibly Low Short Interest
Article By: Tickeron
Tuesday, February 23, 2021 10:42 AM EDT
Short interest on S&P 500 stocks, as a percentage of the float, has reached its lowest level since 2000 while the index itself is over 15% above its 52-week moving average. The S&P hasn't been this far above the 52-week since 2010.
In this article: SH, PSQ
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Home Prices Soar At Over 5 Times The Fed's Inflation Target In All US Cities
Article By: Tyler Durden
Tuesday, February 23, 2021 10:35 AM EDT
The average home prices across all of the US is now rising at over 5 times the Fed's stated inflation target, and even the cheapest US MSA is rising at nearly 4 times the Fed's inflation goal.
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Bank Of Nova Scotia (BNS) Beats Q1 Earnings And Revenue Estimates
Article By: Zacks Investment Research
Tuesday, February 23, 2021 10:25 AM EDT
Bank of Nova Scotia came out with quarterly earnings of $1.46 per share.
In this article: BNS
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Macy’s Reports Its First Quarterly Profit In A Year
Video By: CNBC
Tuesday, February 23, 2021 10:15 AM EDT
Macy’s on Tuesday reported its first quarterly profit in a year, as its efforts to slash inventories during the holiday quarter and rely less on deep discounting paid off.
In this video: M
Watch
Risk Off Sentiment, Ahead Of J. Powell Testimony
Article By: Macro-View
Tuesday, February 23, 2021 9:58 AM EDT
Market risk measures show continuing fear sentiment across the board as inflation expectation is driving long-term bond yields higher.
In this article: IEF, SPX, VIX
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What’s Next At The RBNZ Meeting?
Article By: Orbex
Tuesday, February 23, 2021 9:45 AM EDT
Next month’s policy meeting of the RBNZ is going to be pivotal because we can expect a policy change announcement.
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ETH/USD Bearish Decline Starts ABCDE Triangle Pattern Within Uptrend
Article By: Chris Svorcik
Tuesday, February 23, 2021 9:36 AM EDT
Ethereum (ETH/USD) is in a strong uptrend. The bullish momentum is similar or even stronger than Bitcoin’s recent surge above $50k.
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This Company Is The Biggest Short In The Market
Article By: Marc Lichtenfeld
Tuesday, February 23, 2021 9:33 AM EDT
MicroStrategy (Nasdaq: MSTR) is all-in on Bitcoin. Last year, it said it planned to use Bitcoin as its primary treasury asset. That is simply irresponsible.
In this article: MSTR Also: BITCOMP
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Energy Report: Climate Deniers
Article By: Phil Flynn
Tuesday, February 23, 2021 9:30 AM EDT
It is sad to see that people are trying to blame the cold snap on Texas and climate change despite no scientific evidence to back that up.
In this article: OIL, UCO, UNG, USO
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This Dividend Stock Is Cheap (“Buy” Rating)
Video By: Jason Fieber
Tuesday, February 23, 2021 9:26 AM EDT
Fifth Third Bancorp is a diversified regional bank holding company that offers a range of financial services and products, such as deposits, lending, transaction processing, and advisory solutions.
In this video: FITB
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Bitcoin (BTC/USD), Ethereum (ETH/USD) Crushed As Cryptocurrency Market Is Overrun By Sellers
Article By: Nick Cawley
Tuesday, February 23, 2021 9:23 AM EDT
Another wave of indiscriminate selling in the cryptocurrency market has slammed prices lower across the board with double-digit losses registered everywhere.
In this article: BITCOMP
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Capita Share Price: Q4 2020 Earnings Due Next Week – What To Expect?
Article By: Invezz
Tuesday, February 23, 2021 9:10 AM EDT
Capita is a British-based company that provides software products and services, as well as digital and consulting services.
In this article: CTAGF
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