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Nvidia reported another blowout earnings report in its first-quarter results, and its stock is soaring to record highs above $1,000 per share on Thursday. The company reported revenue and profit that surpassed analyst estimates and offered second-quarter revenue guidance that was well ahead of Wall Street's expectations. On top of that, the company announced a...

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Gold prices traded higher midafternoon on Wednesday as a report showed US inflation is still high. Gold for June delivery was last seen up, again near US$2,400 per ounce. The US Bureau of Labor Statistics on Wednesday reported the April consumer-price index rose by 0.3% from March. Shelter, gas prices remain sticky. Notable call-outs from the inflation print...

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Supermicro is an American company, a major manufacturer of motherboards, cases, power supplies, cooling systems, SAS controllers, Ethernet and InfiniBand. The company specializes in the production of x86-server platforms and various components for servers, workstations and data storage systems. The headquarters is located in San Jose, USA. Founded in...

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Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’, as in recent interview to Bloomberg JPMorgan CEO has warned for months that rates could stay high. Jamie Dimon said he’s still more worried about inflation than markets appear to be. The JPMorgan Chase & Co. chief executive officer said significant price pressures continue to influence the US economy...

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Global shares rose while the dollar retreated on Wednesday, after a hot reading of U.S. wholesale inflation set a nervous tone for trading before a consumer price report that could prove decisive about when the Federal Reserve cuts interest rates. The frenzy in so-called meme stocks entered a third day, with shares in AMC and GameStop soaring by more than 25% at...

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There are many ways to make money with stocks. You can buy well-managed companies with growing earnings, hold them for years and watch the stock prices rise as the company succeeds. This conservative investing style sometimes rewards investors with huge long-term gains. For example, early investors in Microsoft or Bitcoin saw their investments grow MultiX in a...

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A few months ago I started this research, research of Equity Index Dividend futures, provided by CME Group. Well, sounds good. Let's continue.. Were you ready or not, but in February, 2024 Meta platforms (META) announced its first-ever in history cash dividend of $0.50 per share to be paid out on quarterly basis. “We intend to pay a cash dividend on a quarterly...

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The JPMorgan Chase CEO's WSJ was interviewed recently with Wall Street Journal Editor-in-Chief Emma Tucker, for a range of topics. JPMorgan Chase & Co. Chief Executive Jamie Dimon ranked geopolitics as his top worry and said he's less optimistic about a soft landing than Wall Street in an interview on Thursday. While Wall Street seems to be betting of a roughly...

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Alphabet announced First Quarter 2024 Results. Sundar Pichai, CEO, said: “Our results in the first quarter reflect strong performance from Search, YouTube and Cloud. We are well under way with our Gemini era and there’s great momentum across the company. Our leadership in AI research and infrastructure, and our global product footprint, position us well for the...

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There’s a Wayne Gretzky quote that’s been repeated in thousands, and thousand meetings, PowerPoint presentations, and I’ll repeat it here, on TradingView: "Skate to where the puck is going, not where it has been". It’s a wonderful thought: Instead of chasing what’s already happened, try to get a step ahead! And hey: Wayne Gretzky once scored 92 goals in an...

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US stock indices, including the benchmark American economy S&P500 index (SPX) and US BigTech Nasdaq-100 index (NDX), are retreating from their yearly highs, moving to a more aggressive decline last Friday, April 12. Investors digest the first portion of earnings reports for March quarter 2024 - traditionally starting with financial sector Earnings reports. New...

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Three Black Crows is a term used to describe a bearish candlestick pattern that can predict a reversal in an uptrend. Classic candlestick charts show "Open", "High", "Low" and "Close" prices of a bar for a particular security. For markets moving up, the candlestick is usually white, green or blue. When moving lower they are black or red. The Three Black Crows...

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Stocks are vulnerable to a 5% 'air-pocket drawdown' as greedy traders short volatility. Tuesday's stock-market pullback on February, 13 after a hot inflation report actually showed us something else about the market. It turns out that it did… an overcrowded short side of the options market which was reminiscent of the 2018 and 2020 'Volmageddon'...

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The S&P 500 Index ( SPY) Wednesday closed down -0.22%, the Dow Jones Industrials Index DIA closed up +0.10%, and the Nasdaq 100 Index (QQQ) closed down -0.83%. Stocks Wednesday saw downward pressure from the +4.1 bp rise in the 10-year T-note and a sell-off of more than -2% in key chip stocks. However, the Dow Jones Industrials saw support from blue chips...

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Chastened by the tech bust, venture capitalists and entrepreneurs have spent the last couple of years taking startups back to basics. No longer could they expect to turn an idea scribbled on a napkin into an instant company and cash out in a couple of years. To get funding and go public, companies had to have solid technology and business models, experienced...

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A month ago Morningstar identified the ARK Innovation Fund (ARKK) as one of the largest wealth destroyers in the fund industry, with the ETF losing $7.1 billion in investors' wealth over the past decade due to its strategy of using leverage to bet against the Nasdaq-100 (NDX). Additionally, the ARK Genomic Revolution ETF (ARKG) has shredded $4.2 billion in wealth...

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Everyone was talking about ChatGPT in the last quarter. Investors were trading on a rush. Thanks to launch of the bot, well-known stocks, such as NVIDIA shares, have shown the highest profitability among all stocks - components of the S&P500 and Nasdaq-100 indices since the beginning of the year. Previously low-profile AI stocks like MobilEyE Global , ...

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Keep It Simple and Trade With the Trend. As a trader, you have probably heard the old adage that it is best to "trade with the trend." The trend, say all the pundits, is your friend. This is sage advice as long as you know and can accept that the trend can end. And then the trend is not your friend. There are multiple ways to spot trends, direction, and...