Klaus Vedfelt/DigitalVision via Getty Images The list of things that could derail risk-on sentiment is long and varied, but at the moment the crowd has shown little enthusiasm for abandoning winning trades. That’s the message via several pairs of ETF proxies for profiling the appetite for risk – a review that reaffirms that bullish enthusiasm…
Comezora/Moment via Getty Images Investment Thesis Microchip Technologies (NASDAQ:MCHP) is a diversified provider of microcontrollers, analog, and related computer chips for a wide range of industries. It has historically had strong growth as the company focused on expanding the breadth of its product line in order to provide its clients with a one-stop shop. When…
Annabelle Chih/Getty Images News Investment Thesis TSMC (NYSE:TSM) is and will likely remain for years to come a prudent choice to invest in the semiconductor industry, which has been and is expected to remain a growing market over time. As a (pure play) foundry, TSMC derives its revenue from hundreds of customers, including a dozen…
Thinkhubstudio Global manufacturing business conditions worsened for a fifteenth successive month in November, according to the latest JPMorgan Global Manufacturing Purchasing Managers’ Index™ (PMI™) compiled by S&P Global. The headline PMI – a composite index based on five survey variables – registered 49.3, up from 48.8 in October but remaining below the 50.0 no change…
Despite the varied economic performance across the 20-country common currency bloc, the challenges stemming from high inflation persist. The Eurozone is grappling with a significant economic downturn, as recent data indicate a sharp drop in inflation and a contraction in the region’s economy. According to a preliminary report published Tuesday by Eurostat, the European Union…
RafaPress/iStock Editorial via Getty Images BRF S.A. (NYSE:BRFS) has outperformed the Brazilian stock market this year, particularly in the second half. This impressive performance can be attributed to a rebound following a challenging period, during which the company faced significant pressure on its margins due to high global corn and soybean prices. However, since June,…
deberarr/iStock via Getty Images AvalonBay Communities (NYSE:AVB) is a major apartment REIT with properties located in legacy markets on the East and West Coast. The REIT focuses on higher-end rental units with an average monthly rent of about $2,500 and has historically delivered very solid double-digit returns to investors. Last time I covered the stock…
Following the attack by Hamas on Israel on October 7, traders initially priced in a $3 to $4 risk premium when oil markets opened. The International Energy Agency (IEA), known as the world’s leading energy regulator, has recently warned that the global energy market is likely to remain volatile as the war between Israel and…