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GBP/USD falls despite stronger-than-expected UK growth data Overall trend still somewhat positive for cable Most of the bad news already in price The GBP/USD extended its declines for the...
BJ’s Wholesale Club has been a top performer in the retail space this year. The shares are up 5.7% year-to-date and are trading near their record high. BJ is a strong buy ahead of its Q2 results...
Betting on the outcome of natural disasters is part of a commodity trader’s life. More unfortunate is praying for the worst consequences possible, especially if that’s what the position...
Stocks moved lower yesterday, despite moving sharply higher to start. The PPI reading came in weaker than expected. Stocks initially rallied on the news, and yields fell. But once the market settled...
Markets closed positively after the release of a U.S. inflation reading for the first time since December 2021 Better-than-expected CPI figures imply lower discount rates for stock valuations Despite...
The consumer discretionary sector (XLY) has been gaining, even outperforming other industries. This sector includes non-essential goods and services like appliances, cars, and entertainment. The...
Fundamentals evolving toward a looser supply/demand situation Despite colder outlook, gas futures leaped some 8% in last two days No signs yet of storms that usually add to supply fears If it’s...
So much for the Cleveland Fed and their CPI projection. figures, I have been following the thing for months, and the one time I publically discuss it, everything falls apart. It must be my bad...