Gold Bounces Back After Wednesday's Sell-Off Gold (XAU/USD) price rose by just 0.24% during a very volatile trading session on Thursday. This modest increase followed the release of US economic data...
The Dow broke its 10-day losing streak yesterday; however, the bad news is it only finished the day up 0.04%. So, while the streak was broken, it was just barely. Meanwhile, the S&P 500 ended...
I’ve heard this statement quite a bit over the years. I’m not sure where/why this originated since I don’t pay much attention to the news. It always amazes me how people can believe everything they...
Speaking of lean years, it took the NASDAQ stock market index almost 17 years to recover its March 2000 high of 5,048. The core skill going forward--frugality--is largely a forgotten skill set. So...
The economy grew more than expected in the 3rd quarter, now an annualized $23.4 trillion on an inflation-adjusted basis. This was the 3rd and final revision to real Q3 GDP. Q3 real GDP grew 3.1%,...
Yesterday’s significant selloff was inspired by the Fed shifting to a hawkish outlook for 2025. They now plan for only two small rate cuts totaling 0.5% during the year. This change has sparked fresh...
The economy grew more than expected in the 3rd quarter, now an annualized $23.4 trillion on an inflation adjusted basis. This was the 3rd and final revision to real Q3 GDP. Q3 real GDP grew 3.1%,...
Lucid Group’s (NASDAQ: LCID) stock price is recovering from a new low set in November, suggesting a bottom is in play. However, the company’s risks remain, and the downtrend is intact, so investors...
Recent sales of a little-known stock, Madrigal Pharmaceuticals (NASDAQ: NASDAQ:MDGL), could bode well for Novo Nordisk A/S (NYSE: NYSE:NVO). The pharma industry giant has seen explosive sales growth...
As we approach the end of the year, traders are closely monitoring two critical assets: gold (XAU/USD) and oil (USOIL). Both commodities are experiencing unique pressures and opportunities that...