To The Moon

Macro Edge #36 Originally posted on: thepensivenugget.com Note: We will be taking a short break. Regular posting of Macro Edge will resume in May. Thank you for reading! The Dollar is moving broadly higher, which indicates tighter USD funding conditions globally. It is also the last thing the world needs at the moment. Also in this week’s Macro Edge: charts of JPY weakness and US 10y yields trading above their30 year bearish channel ! If You Haven’t Been Watching The USD, Start Now Most European markets were closed on Monday, meaning another shortened trading week, but pay close attention to the USD The Dollar is strengthening broadly against other major currencies It has broken out decisively vs JPY, and is trading at key technical levels vs EUR, GBP, CNY Global USD funding conditions are

NEW YORK, July 21 (Reuters) - Wall Street stocks posted their second straight daily gain on Wednesda

July 15 - The Nasdaq ended lower on Thursday, pulled down by Apple, Amazon and other Big Tech companies as a fall in weekly jobless claims data fed investor concerns about a recent inflation spike.Amazon, Apple, Tesla and $Facebook$all fell. Nvidia tumbled around 4%.The S&P 500 technology sector index ended a four-day winning streak. Earlier this week, investors' favor for heavyweight growth stocks pushed the S&P 500 and the Nasdaq to record highs.The S&P 500 energy sector index fell more than

Powell says economy 'a ways off' from bond taper.BofA slips as low interest rates hurt lending business.July 14 - The S&P 500 ended with a gain after briefly hitting an intra-day record in a choppy session on Wednesday, as investors balanced worries about inflation with reassuring comments from Fed Chair Jerome Powell.Of the 11 S&P 500 sector indexes, utilities and consumer staples were among the strongest, while energy sank over 3%.U.S. monetary policy will offer "powerful support" to the econ

Irwin Simon, chairman and CEO of cannabis products maker Tilray(NASDAQ:TLRY), said Tuesday that he e

Second-quarter earnings season gets under way this week, with several big banks reporting. JPMorgan ChaseandGoldman SachsGroup kick things off on Tuesday, followed byBank of America,Wells Fargo,andCitigroupon Wednesday andMorgan Stanleyon Thursday.The week’s economic calendar will be equally busy. The Bureau of Labor Statistics releases the consumer price index for June on Tuesday, followed by the producer price index for June on Wednesday. Expectations are for year-over-year increases of 4.0% a

How can you capitalize on secular growth trends like digital transformation, artificial intelligence (AI), cybersecurity, analytics, video streaming, work from anywhere, the gig economy, and more? Last time, I covered stocks six through 10 on the list, and today I cover my top five!

Check out the stocks that are making the biggest moves after the bell on Wednesday:. $WD-40$ Company— Shares of WD-40 popped more than 10% in extended trading after the company improved its full-year revenue forecast. It now expects sales between $475 million and $490 million for the fiscal year thanks to strong performance in its third quarter.Camping World Holdings— The nation’s largest retailer of recreational vehicles said Wednesday afternoon that it has an investment in Los Angeles-based Ha