• November 22, 2024

RBNZ Preview: Will Orr's 'Shock and Awe' Return as Key Rates Decision Looms?

NZ activity sluggish despite rate cuts, soft surveys remain recessionary Markets, economists favour 50bps RBNZ cut, 75bps looks underpriced Cash rate 175bps above neutral, a...

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• November 21, 2024

S&P 500 Climbs 25.7% YTD: Key Technical Indicators Point to Continued Uptrend

We are up 31.40%; S&P 500 is up 25.7% so far this year. The top window is the SPY. We noted in shaded pink the times when the SPY was up 5 days or more in a row. Five days up or more s...

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• November 21, 2024

93% Gain for Impinj Stock—Here’s Why It Could Climb Higher

Impinj Inc (NASDAQ: PI ) is a mid-cap chip stock that has quietly had a great year in 2024. The stock has returned over 93%, placing it among the top five best returning semiconductor ...

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• November 21, 2024

Williams-Sonoma Stock: Buy It and Never Let It Go

Williams-Sonoma Inc (NYSE: WSM ) offers everything an investor could want and more, making it a stock worthy of buy-and-hold status. Its quality is centered on the brand and operations...

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• November 21, 2024

USD/JPY Under Pressure: Strategic Moves as Channel Risks Emerge

USDJPY trims gains falls below the steep bullish channel. New sellers could show up below 153.00-153.55. The pair could head straight up to the resistance area in case of a ...

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• November 21, 2024

Stock Valuation Debate: Weighing High Ratios Against Economic Backdrops

Whether the market is overvalued is a complex question that depends on a number of factors and can be difficult to answer definitively. Some say the market is overvalued, while others argue that ...

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• November 21, 2024

Is the Relatively Weak Trend for US Private Payrolls a Warning?

If you could only track one economic indicator to monitor the economy the trend in payrolls would be a solid choice. Think of it as the fuel that powers consumer spending engine, which accounts f...

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• November 21, 2024

US Dollar Holds, Yen Surges: Tactical Moves in Currency Pairs On Market Shifts

Stocks remain directionless even after stellar earnings by Nvidia. Declining odds for December Fed rate cut weigh on markets. Dollar holds near highs, yen rallies, Bitcoin s...

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• November 21, 2024

Nasdaq Faces Pressure: How Retail Success and Tech Trends Affect the Market

Wednesday's Commentary shared Walmart’s (NYSE: WMT ) outstanding earnings report and reviewed its surging share price from a technical basis. Despite being a head-to-head competitor of...

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• November 21, 2024

Gold Rises While Euro and Pound Continue to Decline Amid Geopolitical Tensions

Gold Rises on Geopolitical Risks Gold ( XAU/USD ) has been rising for three consecutive days, gaining 0.69% yesterday. Geopolitical risks linked to the Russia-Ukrain...

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