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US Dollar Closes A Losing Week Following Soft NFP
Article By:
FXStreet
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Friday, May 3, 2024 10:30 PM EDT
The US Dollar Index (DXY) is visiting the 105 level with sharp losses at the end of the trading week. This comes after Friday’s report of weak US Nonfarm Payrolls (NFP) figures from April, which made markets dump the USD.
In this article: UUP
These 3 Companies Shattered Quarterly Records
Article By:
Derek Lewis
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Friday, May 3, 2024 10:00 PM EDT
Earnings season continues its rapid pace, with a plethora of companies scheduled to deliver results in the coming weeks. The Q1 cycle has turned out to be positive, underpinned by the technology sector’s strong growth.
Dow Jones Industrial Average Gains 450 Points As Investors Up Rate Cut Bets After Softer NFP
Article By:
Joshua Gibson
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Friday, May 3, 2024 9:30 PM EDT
The Dow Jones Industrial Average gained nearly 1.2% on Friday after a broad miss from US Nonfarm Payrolls) and other key labor data revealed a steep weakening in the US domestic economy, sparking increased bets of rate cuts from the Fed.
Investors Re: Rate Cuts - "So You're Telling Me There's A Chance"
Article By:
Kelsey Williams
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Friday, May 3, 2024 8:00 PM EDT
Investors, like "Lloyd Christmas", dived into the swamp, ignoring hidden risks. Despite a U.S. jobs slowdown, they aggressively bought stocks and bonds.
Bitcoin — A Once In A Lifetime Trade, Never To Be Equaled
Article By:
Peter Brandt
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Friday, May 3, 2024 7:30 PM EDT
In this article, we focus on the price discovery history of Bitcoin.
In this article: BITCOMP
Stocks And Precious Metals Charts - In Service To The Unspeakable
Article By:
Jesse's Cafe Americain
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Friday, May 3, 2024 7:00 PM EDT
The Non-Farm Payrolls report came to light today. Stocks and risk assets were cheered by this, and a sustained rally ensued. Gold and silver were softer as safe havens were tossed aside, but managed to recoup most of their losses.
Here's Why These Tech ETFs Are Worth Buying Now
Article By:
Sweta Killa
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Friday, May 3, 2024 6:30 PM EDT
The technology sector suffered big losses last month due to a decline in mega-cap market caps. The stocks in the sector dragged down the S&P 500 index with the biggest monthly decline of 3.6%.
Inflation Brewing: Is Coffee The Next Cocoa?
Article By:
SchiffGold
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Friday, May 3, 2024 5:20 PM EDT
Cocoa prices have dumped since rocketing to a dramatic peak last month as an El Nino cycle winds down and traders rush out of the illiquid market. Coffee has had a similar rise and subsequent correction.
In this article: GLD
Top 5 Momentum Stocks For May After A Disappointing April
Article By:
Zacks Investment Research
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Friday, May 3, 2024 4:00 PM EDT
April is historically known as being favorable to investors. But this year, April ended on a disappointing note. Thus, it would be prudent to invest in momentum stocks that have provided double-digit returns year-to-date. Here are five such stocks.
Cybercriminals Are Using AI, Now Security Firms Are Too
Article By:
Brad Thomas
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Friday, May 3, 2024 3:45 PM EDT
Today, I’ll show you why spending on cybersecurity is going to keep increasing in the coming years. And I’ll share one way to profit from this trend while collecting a reliable income.
In this article: CSCO
Gold's Pullback And Miners
Article By:
Adam Hamilton
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Friday, May 3, 2024 3:15 PM EDT
After blasting higher in a remarkable breakout surge, gold is pulling back. Such mid-upleg selloffs are normal and healthy, rebalancing sentiment to maximize uplegs’ longevity. Gold’s pullback is weighing on gold stocks, fueling some bearishness.
Softs Report - Friday, May 3
Article By:
Jack Scoville
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Friday, May 3, 2024 2:45 PM EDT
Cotton was lower again yesterday, and trends remain down in the market. Demand remains a problem. The export sales report showed poor sales once again, and demand is not likely to improve with the US dollar stronger.
In this article: CANE
Costco Dividend Stock Analysis
Article By:
Dividend Power
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Friday, May 3, 2024 2:30 PM EDT
In this article, we will explore various components to determine whether Costco, a dividend stock, is an attractive investment at its current price.
In this article: COST