hapabapa/iStock Editorial via Getty Images Cisco Systems, Inc. (NASDAQ:CSCO) is looking very well-positioned after beating analyst expectations in the company’s most recent earnings report, despite showing the largest declines in revenue seen in 15 years. During the fiscal third-quarter period, Cisco recorded per-share earnings of $0.88 (surpassing analyst estimates of $0.82) alongside revenues of $12.7…
400tmax Alphabet’s (NASDAQ:GOOG) (NASDAQ:GOOGL) strong earnings sheet for the first fiscal quarter resulted in a 12% upsurge in Google’s share price after-hours and the technology company seems set for a new up-leg in the near future as well. Google reported much better than expected results due to a strong, continual recovery in the digital advertising…
Nishasharp More than 5,000 years ago, before 3,000 BC, the first Egyptian Pharaoh, Menes, made a significant observation. He stated that two and one-half parts silver equals one part gold, thereby establishing the silver-gold ratio. This value metric has been a cornerstone in measuring silver versus gold prices, a key insight that continues to shape…
Anthony Bradshaw Gold prices continue to surge. The spot price of the precious metal touched $2,400 per ounce on Friday, April 12, a new record. It comes after a years-long consolidation that frustrated many investors seeking diversification and safety from geopolitical risks and ballooning US federal debt. With a decisive breakout above $2100 per ounce…
RHJ/iStock via Getty Images VanEck Rare Earth/Strategic Metals ETF (REMX) has many top tier rare earth, lithium and other strategic metals companies in its portfolio. These types of companies tend to offer higher risk and higher reward, so I like the fact that investors are getting some diversification. When you buy this ETF you are…
Moussa81 Introduction It’s time to talk about gold, the precious metal that has been an increasingly hot topic since the pandemic. Looking at global Google searches for “gold,” we see that searches have been consistently elevated since early 2020, with the first signs of upside momentum in the second half of 2019. Google Trends We’re…
Monty Rakusen/DigitalVision via Getty Images Global oil prices have made a stealthy move higher this year. WTI now trades around the $85 mark while Brent hovers just shy of $90. While there were fears of a bearish supply/demand balance heading into the year, resiliency in the domestic economy and growing optimism about China’s recovery have…
Thai Liang Lim In the past decade, the OTA (Online Travel Agency) industry has become more concentrated, with two players emerging on top: Booking Holdings Inc. (BKNG) and Expedia Group, Inc. (NASDAQ:EXPE). These OTAs represent a significant portion of the market-some 92% of the US OTA market-and command considerable pricing power with both consumers and…
Just_Super Gold’s unexpected breakout to all-time highs in recent trading days has many investors wondering if they should purchase gold miners to leverage future gains. My regular readers know I have been anticipating far higher gold prices over the last year. And, the push above US$2200 oz. intraday on Friday could be just the start…
Katsumi Murouchi/Moment via Getty Images Gold (XAUUSD:CUR) (GLD) is currently trading at a crucial spot right now, with high potential for an explosive breakout higher. Regular readers will know I have been calling for gold prices to surge assertively above the $2,100 level in the longer term, paving the way for the start of a…
SOPA Images/LightRocket via Getty Images Monster Dividend Hike Shows Confidence When I covered Western Midstream Partners, LP (NYSE:WES) last quarter, I noted that the partnership units had been rangebound in the $20s since the start of 2022. I rated the units a Buy and suggested a breakout above this range was coming based on throughput…
alvarez/E+ via Getty Images Aberdeen has already made some big moves since taking over the management of four of the previously managed Tekla healthcare and biotechnology CEFs on October 27th, 2023. Perhaps the biggest change came just the other day on February 9th when distribution declarations for February were announced and Aberdeen increased the distributions…
andreswd/E+ via Getty Images Intro We wrote about Integer Holdings Corporation (NYSE:ITGR) in December of 2022 when we assessed if more upside was on the cards for the growing MedTech company. Integer was just off the back of announcing a Q3 earnings beat where the bottom-line reported number could have been better but for some…
Justin Sullivan/Getty Images News Almost two years ago, we published a bullish article on Home Depot (NYSE:HD) titled: “Home Depot: Use The Dip To Climb Aboard This Long-Term Wealth Compounder“, where we covered the company in depth. In the piece, we analyzed the company’s consistent long-term top- and bottom-line growth profile, leading market position, and…
cemagraphics The S&P500 (SPY) has finally done it – a break to new all-time highs following the 2023 break-outs of the Nasdaq (QQQ) and Dow Jones (DJI). Furthermore, it did so against a backdrop of rising yields and falling odds of a March cut. But is this just a “fake-out” to squeeze out bears, or…
In addition to the increasing developer activity on the Solana network, SOL has shown signs of recovery after a recent period of struggle. The Solana blockchain network has achieved an important milestone with over 2,500 developers actively contributing to its open-source ecosystem on a monthly basis. This growth in developer numbers is a significant achievement…
Oselote The bullish breakout in the industrial metals complex suggests that silver should mount a long-awaited recovery, and I remain bullish on the iShares Silver Trust ETF (NYSEARCA:SLV). Silver and the SLV have been locked in a large consolidation pattern for the past three years, and a bullish breakout seems like a matter of time….
Just_Super Investment Thesis Amkor (NASDAQ:AMKR) is a leading provider of outsourced semiconductor assembly and test services (OSAT), serving customers across various segments such as 5G, AI, IoT, automotive, and data center. The company has a strong presence in North America, Europe, and Asia-Pacific regions, with 15 manufacturing facilities and over 31,000 employees worldwide. Trading at…
cemagraphics The S&P500 (SPY) has made a new high for the year of 4609, exceeding July’s peak of 4607. This is not something I expected when I proposed a large bounce could develop from 4103, but the price action of the rally has been telling a bullish story and I have listened. Last week’s article…
da-kuk In the ever-evolving landscape of cryptocurrency, Riot Platforms, Inc. (NASDAQ:RIOT) has cemented it as a pivotal player, particularly in the realm of Bitcoin mining. At times, investors have used the stock’s performance as a litmus test for the broader industry. As we delve into Riot’s financial and operational performance, especially in the third quarter…
Ethereum (ETH) price is currently retesting a crucial support/resistance zone around $2,130 with the bulls rejuvenated for a robust bullish breakout. The second largest digital asset by market capitalization Ethereum (ETH) has attracted notable attention amid the ongoing Web3 mainstream adoption fueled by institutional investors. The recent Ethereum spot exchange-traded fund (ETH) filed by the…
PancakeSwap has called on web3 gamifi developers to join Pancake Protector and Pancake Mayor in engaging its vibrant 1.5 million potential monthly players. PancakeSwap Finance (CAKE), a vibrant web3 ecosystem that was initially built on BNB Chain but grew to a multichain project, has introduced its PancakeSwap Gaming marketplace for both developers and gamers. According…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Topics this week: Paul Tudor Jones 3 Trades Bitcoin, Ethereum and BNB Last week, I wrote…
DieterMeyrl/E+ via Getty Images Introduction More changes are coming to my Weekly Breakout Forecast reporting on the doctoral research analysis of MDA breakout stock selections over more than 8 years. This high frequency breakout portfolio subset I regularly release has now reached 327 weeks of public selections on Seeking Alpha as part of this ongoing…
blackred/iStock via Getty Images Overview Many market participants sense an inflection point is near. The dollar settled last week beyond key levels against several major currencies, bolstered by higher short-term US rates. The market is aware that the Bank of Japan could intervene in the foreign exchange market with the trading near its best levels…
Jens Rother/iStock via Getty Images The dollar has rebounded sharply in recent weeks as rates have risen, and the US economy has been far more resilient than many analysts and investors have feared. This rebound in the dollar could lead to a much more substantial move higher. Such a move higher could be devasting for…