Article By:
Tobias Carlisle
Wednesday, May 1, 2024 10:27 AM EDT
Superinvestors are dumping Comcast stock. Here is a list the those who reduced, or sold out of the company’s stock, according to their latest 13Fs.
In this article: CMCSA
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Article By:
Bill Bonner
Wednesday, May 1, 2024 10:11 AM EDT
Our Dow/Gold ratio tells us that stocks have a long way to climb down. The ratio is usually around 10. Now, it’s 16.5. Stocks will have to lose about 40% of their value to get down to the average.
In this article: GLD, SPX
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Article By:
Mish Shedlock
Wednesday, May 1, 2024 10:03 AM EDT
Elon Musk went globetrotting to China and scored a big victory for Tesla’s Full Self Drive (FSD) Technology. Or did he?
In this article: TSLA
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Article By:
Peter Brandt
Wednesday, May 1, 2024 9:57 AM EDT
Upon nuermous requests, here isan update on the magnitude and duration of Bitcoin bull market corrections, since 2015.
In this article: BITCOMP
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Article By:
Wajeeh Khan
Wednesday, May 1, 2024 9:39 AM EDT
TG Therapeutics Inc (NASDAQ: TGTX) is up 30% on Wednesday even though it reported a wider-than-expected per-share loss for its fiscal first quarter.
In this article: TGTX
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Article By:
Monica Kingsley
Wednesday, May 1, 2024 8:35 AM EDT
Today‘s detailed analysis across all asset classes incl. lengthy intraday channel summary will be reserved for paying clients – that important was what we experienced yesterday, the whys and hows.
In this article: QQQ, DIA, SPX
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Article By:
Yohay Elam
Wednesday, May 1, 2024 8:31 AM EDT
Data from Canada revealed a smaller-than-expected 0.2% expansion in the economy. Investors are currently placing a 60% chance the BoC will cut rates in June. While investors expect 54bps of cuts in Canada, they only expect 32bps in the US.
In this article: FXC, UUP
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Article By:
Robert Petrucci
Wednesday, May 1, 2024 8:13 AM EDT
Another dose of nervousness has hit USD/CAD traders as the currency pair tests short-term highs and is within grasp of apex values seen in the middle of April.
In this article: FXC, UUP
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Article By:
Crypto Adventure
Wednesday, May 1, 2024 8:09 AM EDT
The BTC chart is depicting consistent downswings and dips which has now dipped below $58,000 for the first time in 60 days. This has added to the slowing market demand since the recent halving.
In this article: BITCOMP
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U.S. recession risk remains low at the moment, based on the newsletter’s primary indicator, which aggregates several business-cycle metrics.
Over the last two weeks, the bullish sentiment index has reversed from extreme greed to fear. The composite net bullish sentiment index, comprised of professional and retail investors, fell from 38.15 to 9.9 in two weeks.
When considering IBM’s stock price forecast 2024, it is essential to focus on the overall trend rather than fixating on specific price targets.
In my prior post from early April, I mentioned that I was closely watching if the OMXIPI and OMXI15, the two main benchmarks for the Icelandic stock market, are in the process of reversing their long-term trends from down to up.
Equilibrium was lost when an earnings-based reflex rebound restored S&P to around the 50-Day Moving Average, and then Tuesday simply worked into a more notable sell-off.
International Paper (IP) manufactures packaging products and cellulose fibers. Over the past year, International’s share price increased about 5.58% from $33.11 to $34.96 as of Tuesday’s market close.
