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Q1 2024 U.S. Retail Scorecard – Update
Article By: Lipper Alpha Insight
Thursday, May 16, 2024 2:48 PM EDT
​​​​​​​To date, 143 of the 201 companies in our Retail/Restaurant Index have reported their EPS results for Q1 2024, representing 71% of the index.
In this article: XRT
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Everything Is AI Play – Copper And Utilities Edition
Article By: Interactive Brokers
Thursday, May 16, 2024 2:36 PM EDT
Over the past month, utilities have acted neither defensively nor proportional to bond yields. XLU moved more or less in line with bond prices until about two months ago.
In this article: XLU Also: COPX, NVDA, SPX, VIX
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Russell 2000 Earnings Dashboard 24Q1 - Thursday, May 16
Article By: Lipper Alpha Insight
Thursday, May 16, 2024 10:50 AM EDT
The 24Q1 Y/Y blended earnings growth estimate is 0.9%. If the energy sector is excluded, the growth rate for the index is 14.4%.
In this article: IWM
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BABA Bad Or BABA Beautiful? Stock Market (And Sentiment Results)
Article By: T.J. Hayes
Thursday, May 16, 2024 10:50 AM EDT
Managers are finding global fiscal policy to be too stimulative. They consistently have this view before continuation rallies in equities.
In this article: SWK, BABA, PYPL, SPY
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US Dollar Correction: Not The Time For A Bigger Sell-Off Yet
Article By: Stephen Innes
Thursday, May 16, 2024 10:30 AM EDT
The US dollar has undergone a correction following the release of the recent US CPI report.
In this article: UUP
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The Australian Labor Market Is Starting To Cool Down
Article By: JustMarkets
Thursday, May 16, 2024 6:30 AM EDT
Australia's seasonally adjusted unemployment rate stood at 4.1% in April 2024, compared to market prognoses and an upwardly revised 3.9% in the previous month.
In this article: NDX, SPX, DJI, DAX, OIL
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AI Small Cap Stocks Portfolio Up 3% W/e May 10th; Still Down 26% YTD
Article By: Lorimer Wilson
Thursday, May 16, 2024 5:30 AM EDT
AI Small Cap Stocks Portfolio declined 23% in April but was up 2.5% w/e May 3rd and another 3.0% w/e May 10th.
In this article: AAOI, REKR, RGTI, EVLV, BBAI, DMRC, SOUN, INOD
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Current Analysis: MediPal Holdings Corporation
Article By: Fredrik Arnold
Wednesday, May 15, 2024 10:05 PM EDT
MediPal Holdings Corp (MAHLY) distributes pharmaceuticals, and health and beauty products to medical institutions and retailers. Over the past year, MediPal share price fell about 9.4% from $15.56 to $15.22 as of Wednesday’s market close.
In this article: MAHLY
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The Fed Will Stay Dovish
Article By: Stephen Innes
Wednesday, May 15, 2024 6:25 PM EDT
Investor sentiment improved as data showed a smaller-than-expected rise in consumer prices, boosting equities to new highs.
In this article: SPY
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3 High Yield REITs With Safe Dividends
Article By: SureDividend
Wednesday, May 15, 2024 5:44 PM EDT
These 3 REITs pay strong dividends to shareholders and can raise their dividends each year.
In this article: CUBE, ESS, O
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AYR Wellness' Q1 Financials Reveal 94% Reduction In Net Loss
Article By: Lorimer Wilson
Wednesday, May 15, 2024 5:06 PM EDT
First quarter results reflect continued progress with modest sequential revenue growth, adjusted EBITDA margins in line with long-term targets of 25% and positive free cash flow for the period.
In this article: AYRWF
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Not Buying In Stores, But In Markets
Article By: Interactive Brokers
Wednesday, May 15, 2024 1:49 PM EDT
There are plenty of measures that suggest that equities are far closer to being overvalued rather than cheap. But for now, most are loath to fight the tape.
In this article: GME, SMCI, MSTR, IWM, AMC
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All Cresco Labs' QI Financial Metrics Down Except SG&A
Article By: Lorimer Wilson
Wednesday, May 15, 2024 12:51 PM EDT
Despite the poor Q1 financial report Cresco's stock price is UP 2.5% as of mid-day but is still DOWN 1.9% from last Friday albeit UP 52.6% YTD.
In this article: CRLBF
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Biden’s China Policy Is Backed Into A Corner
Article By: Lipper Alpha Insight
Wednesday, May 15, 2024 11:38 AM EDT
The White House on Tuesday unveiled a host of bumped-up tariffs on Chinese products, including a quadrupling of the charge on electric vehicles to 100%. A muddled U.S. policy push could end up backfiring.
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GameStop Frenzy Reignites
Article By: Warrior Trading
Wednesday, May 15, 2024 7:49 AM EDT
GME shot up by 69% before peaking at over a 100% gain. Seeing this unfold brought back memories of the 2021 short squeeze. But what’s driving this sudden spike, and how should day traders approach it? Let’s dive into the blog and talk about it!
In this article: GME
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PBoC Kept The Interest Rate Unchanged
Article By: JustMarkets
Wednesday, May 15, 2024 7:00 AM EDT
As expected, the People's Bank of China (PBoC) kept its one-year medium-term lending rate at 2.5% during its May meeting.
In this article: OIL, NDX, SPX, DJI, DAX
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