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China Snack Giant Three Squirrels Announces Close To 50% Drop In Q1 Net Profit
Article By: EqualOcean
Sunday, April 24, 2022 2:59 PM EDT
On Friday, April 22, the snack seller Three Squirrels reported a net profit attributable to shareholders of CNY 161 million ($24.763 million) in the first quarter of 2022, plunging 48.75% year-over-year.
In this article: 300783.SZ Also: JD
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Weekly Fundamental US Dollar Forecast: Up, Up, And Away
Article By: Christopher Vecchio
Sunday, April 24, 2022 2:45 PM EDT
The US dollar’s (via the DXY Index) strong run continued through the third week of April, adding another +0.62%. The DXY Index has been positive in 12 of the 16 weeks thus far in 2022, good for a +5.69% advance year-to-date.
In this article: UUP Also: FXE, FXB, FXY
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Netflix Cracks Down On Password Sharing
Article By: Shelly Palmer
Sunday, April 24, 2022 2:29 PM EDT
Netflix says that roughly 100 million households use a shared password. For years it encouraged the practice because the network effect had a positive impact on subscriber acquisition. That was then. Now, Netflix is facing headwinds.
In this article: NFLX
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Shark Tank Investor Kevin O'Leary Says He Has Dozens Of Cryptos, But Only Needs Two To Succeed
Article By: Benzinga
Sunday, April 24, 2022 2:15 PM EDT
Investor and “Shark Tank” star Kevin O’Leary says that he has a broad range of crypto assets available in the market, and he owns 32 different positions. Although he acknowledges that he only needs two of them to work for him.
In this article: BITCOMP, MATIC-X, AVAX-X, HBAR-X
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Top Cheap Stocks: Trading Opportunities For Next Week
Article By: Tickeron
Sunday, April 24, 2022 1:59 PM EDT
A security pattern traces the distinct movements of security prices that, once recognized, help traders to make informed trading decisions. Let's look at some cheap stock opportunities by analyzing these patterns.
In this article: CTIC, ATNM, AROC, HYW, EPSN
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Better Late Than Never: Big Banks Predict Recession For The U.S.
Article By: Michael Lombardi
Sunday, April 24, 2022 1:45 PM EDT
A recession in the U.S. economy could become a reality sooner rather than later. Big banks are starting to talk about recession now. Let's take a look at which ones are calling for a recession in the U.S.
In this article: BAC, DB, GS
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Weekly Forex Forecast - Sunday, April 24
Article By: Christopher Lewis
Sunday, April 24, 2022 1:30 PM EDT
The euro initially tried to rally last week, but it found enough selling pressure to turn things around and form an inverted hammer that sits right on top of the 1.08 level. At this point, it looks like the euro is in significant trouble.
In this article: FXE, FXA, FXB, FXY, UUP
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Bitcoin Or Ethereum? - Learn About The Better Choice
Video By: Ron DeLegge
Sunday, April 24, 2022 1:14 PM EDT
In this episode, I referee a cryptocurrency contest between the two largest coins by market cap and public interest: Bitcoin and Ethereum.
In this video: BITCOMP
Watch
Gold: What The Hell Is Going On?
Article By: Taki Tsaklanos
Sunday, April 24, 2022 12:59 PM EDT
Not a lot, is the short answer to the question of what is going on in gold. After a strong run that cleared former highs in 2011 and touched all-time highs printed in 2020, gold is now going through a healthy retracement.
In this article: GLD, UUP
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Bristol-Myers Squibb: A Drip For Long-Term Returns
Article By: MoneyShow.com
Sunday, April 24, 2022 12:44 PM EDT
One of the more frustrating stocks I have owned is Bristol-Myers Squibb. Indeed, the company is an original member of my portfolio when my newsletter was first published 30 years ago. Is it a good investment for the long-term despite the frustration?
In this article: BMY
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Bitcoin Drops Below $40,000 As The Entire Market Takes A Dip
Article By: Crypto Adventure
Sunday, April 24, 2022 12:30 PM EDT
The crypto market looks to put an end to a tumultuous week that saw most assets zigzagging. Most assets are bleeding, although the overall drop is not as bad as it looks. For example, the market capitalization dropped by only $50 billion this week.
In this article: BITCOMP, XRP-X, DOGE-X, MANA-X, SOL-X, SAND-X, AVAX-X, APE-X
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EUR/USD Vulnerable: Policy Divergence And Lagarde’s Unusual Request
Article By: DailyFX
Sunday, April 24, 2022 12:14 PM EDT
Friday brought the week to a close with a slew of PMI data which revealed further euro/US contrasts outside of the monetary policy divergence. In the Eurozone, the rebounding services sector made up for a “near stalling of manufacturing output.”
In this article: FXE, UUP
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Two Scaramuccis
Podcast By: Felix Salmon
Sunday, April 24, 2022 11:54 AM EDT
This week, Felix Salmon and Emily Peck and Elizabeth Spiers talk about the shakeup in the streaming world with Netflix considering ads and CNN+ folding, the end of the public transportation mask mandate, and inflation.
In this podcast: NFLX, TSLA Also: TWX, AAPL
Listen
How To Prepare For Monday By Watching Trading Range Lows
Article By: Michele Schneider
Sunday, April 24, 2022 11:13 AM EDT
After both the Russell 2000 and the Nasdaq 100 failed to hold or clear over the 50-Day moving average, the bleeding has not stopped. Now that IWM and many key ETFs are near the bottom of their trading range, how should we prepare for next week?
In this article: IBB, QQQ, IWM, IYT, XRT
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Soft Commodities Speculators Raising Bullish Bets In Most Cases
Article By: Zachary Storella
Sunday, April 24, 2022 10:47 AM EDT
Highlighting the COT soft commodities data is the recent rise in Soybean Oil futures bets as prices hit record highs. The speculative net position in those futures has gained for 3 straight weeks and increased in 8 out of the past 10 weeks.
In this article: CANE, CORN, SOYO, BAL (RETIRED), JO (RETIRED)
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Jobless Claims: More 50+ Year Lows
Article By: New Deal Democrat
Sunday, April 24, 2022 10:17 AM EDT
Initial jobless claims declined -2,000 to 184,000, another 50+ year low. The 4 week average rose 4,500 to 177,250, compared with the all-time low of 170,500 set two weeks ago.
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