The latest posts from TalkMarkets
Market Talk - Thursday, Oct. 21
Today 18:20 EDT
The US workforce is recovering as initial jobless claims reached a post-pandemic low last week, according to the weekly Labor Department report.
British American Tobacco: Big Dividend On Sale
Today 18:08 EDT
Shares of BTI have come down dramatically pushing the dividend yield over 8%. The company has received FDA approval for its latest products, and the stock is attractively valued
An Impressive 2021 So Far, But Flows Are Slowing
Today 17:57 EDT
Total mutual fund flows were positive this year but compared to the performance of ETFs, the inflows have been only modest at best.
Intel Plunges After Sales Miss, Profit Forecast Disappoints
Today 17:46 EDT
Breaking down the revenue components reveals a mixed picture, with Client Computing Beating but Data Center Group revenue missing estimates.
S&P 500 Nabs Record Close, 7th-Straight Win
Today 17:35 EDT
The Dow followed up yesterday's intraday high and triple-digit pop with a lackluster session, spending most of Thursday in the red before settling the day with a 6-point loss.
CB Leading Economic Index: Moderate Growth in September
Today 17:23 EDT
The latest Conference Board Leading Economic Index (LEI) for September was up 0.2% from the August final figure of 117.3.
You Don’t Have To Take My Word For It About Eliminating QE
Today 17:12 EDT
QE doesn’t work and it never has. That’s not just my assessment, pull out any chart of interest rates for wherever gets the misfortune of having been wasted with one of these LSAP’s.
ETF Battles: Finding the Top Genomics Biotech ETF – A Triple Header of ARKG vs IDNA vs GNOM
Today 17:00 EDT
The search for therapies tackling chronic illnesses like cancer, diabetes, and heart disease has put stocks in the biotechnology and genomics industry sector on center stage.
Facebook: Buy The Dip Before The Stock Goes Much Higher
Today 16:30 EDT
Facebook is exceptionally cheap right now, especially when compared to its peers in the mega-cap tech space.
Shortages & Hyperinflation Lead To Total Misery
Today 16:00 EDT
At the end of major economic cycles, shortages develop in all areas of the economy. And this is what the world is experiencing today on a global basis.
Evergrande Shares Tumble On Sale Failure, 97% Plunge In Sales As Markets Brace For Chinese Default Avalanche
Today 15:50 EDT
On Thursday trading in shares of China's most insolvent property developer, Evergrande, resumed. In retrospect, it was not a great idea.
Municipal bonds: Supply & demand, taxes & infrastructure
Today 15:49 EDT
In 2021, inflows to municipal bond funds have been strong (demand has been exceptionally high), outstripping supply.
The group continues to face challenges with semi-conductor shortages, congestion at ports, and rolling blackouts that are preventing factories from running at full capacity.
Exposure to China-domiciled technology- and consumer-related sectors also contributed to the underperformance, as recent regulations and new listing requirements took hold.
Timing the Bank of England re-Pricing
Today 15:15 EDT
If financial markets are right, UK interest rates will have hit 1% by next summer. That would take the Bank rate to the highest level since before the global financial crisis.
Yen Pullback Begins: EUR/JPY, GBP/JPY, AUD/JPY, CAD/JPY
Today 15:03 EDT
The Japanese Yen has been in a consistent sell-off so far in Q4, going along with the rates theme out of the US.
Buy the Rumor, Buy the News?
Today 14:53 EDT
One of the classic market adages is “buy the rumor, sell the news.” Yet when market enthusiasm reigns, that time-tested adage can fail.
The 3 Best Utility Stocks To Buy Today
Today 14:42 EDT
People will always need electricity, gas, and water. And that’s what makes utility stocks so reliable.
Softs Report - Thursday, Oct. 21
Today 14:29 EDT
Cotton futures were generally higher on a weaker US Dollar that kept export demand ideas alive and in the front of the market.
While The Fed Chases The Unemployment Rate, TIC’s Eurodollar Deflation Case Is Unusually Unambiguous
Today 14:16 EDT
The Chinese had to literally pay for the T-bill shortage, all the while the Federal Reserve was hit with inquiries about too-much-money and complaints over an economy figuratively on fire.
Why Nio Stock Looks Set For A Trip North This Quarter
Today 14:04 EDT
The stock is trading above the eight-day and 21-day exponential moving averages (EMAs), with the eight-day EMA trending above the 21-day, both of which are bullish indicators.
Free Markets For Free Men and Women! The Corn & Ethanol Report
Today 13:52 EDT
On the Ethanol front, when we talk about pipelines it also comes into play with this market. Weekly ethanol production is up 6% from last week and 20% from last year.
Most Active Equity Options For Midday - Thursday, Oct. 21
Today 13:40 EDT
Top Tickers: TSLA, F, AAPL, SNDL, PYPL, AMD, DIDI, NFLX, NVDA, TLRY, AMC, SOFI, WISH, FB, NIO, IBM, BAC, LCID, BABA, T.
PUA Claims Negligible
Today 13:28 EDT
Initial jobless claims made another move lower this week with the seasonally adjusted number falling by more than expected to 290K from an upwardly revised reading of 296K last week.
Blue-Chip Index Retreats from Record Highs
Today 13:16 EDT
The Dow Jones Industrial Average is lower this afternoon, last seen down around 160 points, a session removed from reclaiming its record highs.
Bitcoin Outlook: BTC/USD Bulls Take a Breather After Fresh ATH
Today 13:05 EDT
Bitcoin loses steam after climbing to fresh all-time highs. Risk sentiment and institutional interest continue to support the recent rise.
Eurozone Consumer Confidence Dips Slightly
Today 12:58 EDT
Some worries about higher inflation could have influenced the October drop, but the outlook for household consumption in the fourth quarter remains decent overall.
Existing-Home Sales Up 7% in September
Today 12:56 EDT
This morning's release of the September Existing-Home Sales showed that sales fell to a seasonally adjusted annual rate of 6.29 million units from the previous month's 5.88 million.
Warning Flags Flying For Tesla On The Weekly Chart
Today 12:46 EDT
The weekly chart for Tesla (TSLA) is coming to an interesting point from a technical perspective and as always there are several key volume price analysis lessons as we look both back at the year and...
Strong Cases for Gold Prices
Today 12:35 EDT
The time for a gold spike has passed, and gold prices have not broken the inflection point of $1,931. However, the diverged cycle low of $1,680 stays, and the area has become a tricky spot for buyers.