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Stocks Consolidate on Tempered Fed Rate-Cut Expectations

2 years 10 months ago
What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.01%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.52%. Stocks on Friday finished steady to slightly higher, with...

Core Plus Bond ETF SMTH Off to Strong Flows Start

2 years 10 months ago
2023 may be drawing to an end, but ETF action continues apace. In a year that looks set to break the record number of ETF launches, one new strategy that launched just this month is seeing strong flows out the gate. The core plus bond ETF, SMTH, launched on December 6th, but has already added [...] Read more at ETFTrends.com.

Rivian Stock Is Risky. Here's Why I'm Not Buying.

2 years 10 months ago
The electric vehicle (EV) market is expected to grow at an exponential rate in the coming years. Analysts estimate that by 2030, two out of every three cars sold globally will be an EV. With such drastic growth, a slew of manufacturers have entered the EV race in an attempt to st

Sugar Prices Under Pressure from Strong Brazil Sugar Output

2 years 10 months ago
March NY world sugar #11 (SBH24 ) on Friday closed down -0.19 (-0.86%), and March London ICE white sugar #5 (SWH24 ) closed down -3.80 (-0.60%). Sugar prices Friday posted moderate losses but remained above Thursday's 8-1/2 month lows. Sugar prices have been under pressure for the last five weeks...

Strong Brazil Output Weighs on Arabica Coffee

2 years 10 months ago
March arabica coffee (KCH24 ) on Friday closed down -1.30 (-0.68%), and Jan ICE robusta coffee (RMF24 ) closed up +32 (+1.13%). Coffee prices on Friday settled mixed, with robusta climbing to a 5-1/2 month high. The cash coffee market for robusta beans is tight as robusta coffee farmers in...

Stocks Extend Weekly Rally to 7 Straight

2 years 10 months ago
All three major indexes closed out a Fed-fueled week with their seventh-consecutive weekly wins, the Dow's longest streak of such nature since 2019 and the S&P 500's best streak since 2017. The Dow also added to its streak of record closes today, finishing the day

Better Cloud Stock: Snowflake vs. Oracle

2 years 10 months ago
Snowflake (NYSE: SNOW) and Oracle (NYSE: ORCL) represent two different ways to invest in the growing cloud market. Snowflake helps companies clean up and aggregate large amounts of data for third-party applications through its cloud-based data warehouses. Oracle is the world's la

Oversold Conditions For FTI Consulting (FCN)

2 years 10 months ago
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which m

ASAI Makes Notable Cross Below Critical Moving Average

2 years 10 months ago
In trading on Friday, shares of Sendas Distribuidora SA (Symbol: ASAI) crossed below their 200 day moving average of $13.07, changing hands as low as $12.84 per share. Sendas Distribuidora SA shares are currently trading off about 4.5% on the day. The chart below shows the on

Where Will Adobe Stock Be in 1 Year?

2 years 10 months ago
Adobe (NASDAQ: ADBE) posted its latest earnings report on Dec. 13. For the fourth quarter of fiscal 2023 (which ended on Dec. 1), the cloud software giant's revenue rose 12% year over year (13% in constant currency terms) to $5.05 billion and surpassed analysts' estimates by $30
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