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DAX Forecast: Powers Higher To Reach New Highs
Article By: Christopher Lewis
Friday, May 10, 2024 9:17 AM EDT
The trend has been extraordinarily bullish, and the 50-Day EMA is now reaching the €18,000 level.
In this article: DAX
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Minutes Of ECB’s April Meeting Confirm Rate Cut Intentions For June
Article By: Carsten Brzeski
Friday, May 10, 2024 8:40 AM EDT
The released minutes of the European Central Bank’s April meeting confirm that the Bank will start cutting rates at the June meeting, barring any major surprises over the next four weeks.
In this article: EZU
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GBP/JPY Forecast: British Pound Continues To Rally Against Yen Despite Bank Of England
Article By: Christopher Lewis
Friday, May 10, 2024 7:56 AM EDT
The British pound initially fell during the trading session on Thursday against the Japanese yen but has since turned around despite the fact that there are members at the Bank of England that have voted to cut rates.
In this article: FXB, UUP
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What Economic Research Do Policymakers Want?
Article By: Timothy Taylor
Friday, May 10, 2024 7:00 AM EDT
Policymakers want research that supports their personal and political preferences. Conversely, policymakers don’t want research that might pressure them to change their views.
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Natural Gas Prices Are Rising Amid Falling Inventories
Article By: JustMarkets
Friday, May 10, 2024 6:30 AM EDT
The US natural gas prices rose more than 5% on Thursday to surpass $2.3 MMBtu, the highest in nearly four months.
In this article: OIL, UNG, NDX, SPX, DJI, DAX, EQIX, ABNB
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TerrAscend Reports 64% Reduction In Net Loss In Q1 Financial Report
Article By: Lorimer Wilson
Friday, May 10, 2024 6:15 AM EDT
TerrAscend has reported its financial results for the first quarter.
In this article: TSNDF
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Current Analysis: Xerox Holdings Corporation
Article By: Fredrik Arnold
Thursday, May 9, 2024 7:30 PM EDT
Xerox Holdings Corp (XRX​​​​​​​) is an original equipment manufacturing and software company. Over the past year, Xerox's share price fell over 7.8% from $14.78 to $13.62 as of Thursday’s market close.
In this article: XRX
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Asia Open: Rate Cut Optimism Fuelled By Higher US Jobless Claims
Article By: Stephen Innes
Thursday, May 9, 2024 7:00 PM EDT
However, there's a palpable sense of groggy momentum as investors brace themselves for next week's pivotal US inflation data release.
In this article: FXY, OIL, UCO, UNG, USO, UUP, SPX
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Curaleaf Reports 16% Reduction In Net Loss In Q1 Financial Report
Article By: Lorimer Wilson
Thursday, May 9, 2024 6:34 PM EDT
Curaleaf has evolved from an MSO to an MCO, a multi-country operator, doing business in 15 countries worldwide with the expectation of creating further separation from their peers.
In this article: CURLF Also: CRLBF, TCNNF
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Russell 2000 Earnings Dashboard 24Q1 - Thursday, May 9
Article By: Lipper Alpha Insight
Thursday, May 9, 2024 4:23 PM EDT
The 24Q1 Y/Y blended earnings growth estimate is 0.7%. If the energy sector is excluded, the growth rate for the index is 14.8%.
In this article: IWM
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Are You Mad Or Glad? Stock Market (And Sentiment Results)
Article By: T.J. Hayes
Thursday, May 9, 2024 3:45 PM EDT
In this week’s AAII Sentiment Survey result, Bullish Percent rose to 40.8% from 38.5% the previous week. Bearish Percent collapsed to 23.8% from 32.5%.
In this article: CPS, SPY
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3 Dividend Champions For Rising Passive Income
Article By: SureDividend
Thursday, May 9, 2024 3:00 PM EDT
Dividend Champions have increased their dividends for over 25 years.
In this article: PPG, TGT, GRC
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Why Is The Market Punishing Decent Earnings?
Article By: Interactive Brokers
Thursday, May 9, 2024 2:00 PM EDT
Investors have been all too quick to punish companies who deliver EPS beats but miss on another metric.
In this article: NVDA, HOOD, ARM, ABNB
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TGT: Why This Undervalued Growth Stock Is A Buy Right Now
Article By: ValueWalk
Thursday, May 9, 2024 1:50 PM EDT
Target stock is up 12% year to date, and it still has more room to run given its low valuation and solid earnings potential.
In this article: TGT
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Will We See Rate Cuts In 2024? Fed Presidents Weigh In
Article By: ValueWalk
Thursday, May 9, 2024 8:11 AM EDT
Last week, the Federal Open Market Committee decided not to take action on the federal funds rate, leaving it where it has been since last July, in the 5.25%-to-5.5% range. Fed Chair Powell did not offer much beyond the usual boilerplate responses.
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GBP/CHF Forecast: British Pound Continues To Look For Support Against Swiss Franc
Article By: Christopher Lewis
Thursday, May 9, 2024 7:54 AM EDT
That makes a lot of sense, because quite frankly this is a market that is very noisy, and it makes quite a bit of sense that we would see a lot of choppiness in this region.
In this article: FXB, FXF
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