Article By:
Patrick Munnelly
Friday, September 22, 2023 12:05 PM EDT
On Friday, the UK's FTSE 100 index reversed its earlier direction and moved higher gaining 0.8% on the session.
In this article: EWU
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Article By:
Phil Flynn
Friday, September 22, 2023 11:52 AM EDT
Oil prices fought off the irrational Fed-inspired pessimism most commodity prices suffered after Russia yielded its energy weapon by banning exports of diesel and gasoline in a market that is short of both.
In this article: OIL, UCO, UNG
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Article By:
Pablo Piovano
Friday, September 22, 2023 11:12 AM EDT
EUR/USD keeps the negative price action well in place and retreats to fresh multi-month lows around 1.0615 on Friday.
In this article: FXE, UUP
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Article By:
SchiffGold
Friday, September 22, 2023 11:10 AM EDT
The FOMC and the Bank of England surprised markets by not raising interest rates this week as expected. Following the FOMC’s decision, gold and silver fell on the back of its hawkish statement before recovering slightly.
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Article By:
Paban Pandey
Friday, September 22, 2023 10:57 AM EDT
This week’s dot plot indicated one more hike is possible this year. Equity bulls did not want to hear this. In the futures market, a wide gap remains between what fed funds traders see things and what the Fed tells us.
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Video By:
John Mauldin
Friday, September 22, 2023 10:45 AM EDT
A few short years ago, the US was content to rely on Chinese manufacturing because China built good products on the cheap. Then COVID-era supply chain breakdowns highlighted the folly of depending on our prime adversary.
In this video: QQQ, DIA, SPX
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Article By:
James Harte
Friday, September 22, 2023 10:35 AM EDT
The Japanese Yen has come under fresh selling pressure today on the back of the September BOJ meeting yesterday. The Bank of Japan held rates unchanged at yesterday’s meeting,
In this article: FXY, UUP
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Market volatility has been remarkably low in 2023, apart from the brief shock following the failure of Silicon Valley Bank earlier this year.
The longer inflation stays higher, the more power unions have. And the more power unions have, the more momentum inflation has.
A reasonable backdrop between the summer selloff, sentiment, positioning, and buybacks suggests a push higher by year-end.
Over the past year, UBS’s share price rose about 59% from $16.14 to $25.66 as of Thursday’s market close.
Extensive research on NDDs has uncovered a different treatment pathway that's enabling some biotechnology firms to target more than one NDD with the same drug candidate.
This article examines 15 such stocks that are heavily involved in the research and development of qubits..
One of the large homebuilding companies in the United States has seen its shares fall over 15% in a few weeks and is now trading below book value. Our team sees this as an opportunity to get long.
