by Calculated Risk on 10/16/2024 02:49:00 PM
The following graph shows real GDP quarterly (blue, annualized), and the year-over-year change in GDP (red).
Click on graph for larger image.
The pandemic slump and subsequent economic recovery are cutoff and marked.
Key Points Costco had an industry-leading quarter, leading the analysts to raise their price targets. The stock is pulling back, setting up a buy-the-dip opportunity. Cash flow and dividends are safe; another year of solid growth is on deck for fiscal 2025. 5 stocks we like better than Costco Wholesale Costco Wholesale NASDAQ: COST is…
Mumbai: United Phosphorous and its chairman Jaidev Shroff have settled a case with market regulator Sebi for alleged violation of its prohibition of fraudulent and unfair trade practices regulations by paying ₹20.2 crore as settlement amount. Fraudulent and unfair trade practices refer to stock manipulation. Sebi initiated a suo-moto investigation in the affairs of certain…
December S&P E-mini futures: Inflation has come down and the Fed is lowering rates. The long standing 6000 target has been reached but an extension up to 6136 and maybe to 6380 is likely. QQQ: Support is 488. Resistance is 525. TNX (ten year note yield): The 3.75% level is support. A swing up to…
by Calculated Risk on 1/23/2025 08:49:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday:• At 10:00 AM ET, Existing Home Sales for December from the National Association of Realtors (NAR). The consensus is for 4.20 million SAAR, up from 4.15 million. • Also at 10:00 AM, University of Michigan’s…
Vodafone Group Public Limited (NASDAQ:VOD – Get Free Report) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 6,450,000 shares, a growth of 25.0% from the November 30th total of 5,160,000 shares. Based on an average trading volume of 5,650,000…
‘It’s easier to imagine the end of the world than the end of the status quo.’ — Fredric Jameson If you’ve listened to enough conversations about AI and big tech, you’ve heard the same refrains: ‘This spending isn’t sustainable.’ ‘I can’t see how they monetise this.’ Some of this may be true. But much of…