USD/INR slides to two-week low amid broad US Dollar weakness and strong Rupee demand. Rupee supported by FII inflows, equity market gains, and falling Crude Oil prices. DXY holds near a three-year low as Trump’s Fed criticism and soft US GDP fuel rate cut bets. The Indian Rupee (INR) strengthens further on Friday, riding a…
S&P 500 rises 0.5% then pulls back to even on a volatile Friday session. About $6.5 billion in notional options trades expire on Friday. Accenture stock slips after quarterly bookings decline. Kroger stock gains over 7% as gross margin rises to multiyear highs. Fed’s Waller says he could see rate cuts at the July meeting….
FuelCell Energy came out with a quarterly loss of $1.79 per share versus the Zacks Consensus Estimate of a loss of $1.51. This compares to loss of $2.10 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -18.54%. A quarter ago, it was expected…
Foreign Institutional Investors (FIIs) turned net buyers in Indian equities for the second consecutive month, with data up to May 30 showing a net inflow of Rs 18,082 crore through the exchanges, according to NSDL data. This follows a net purchase of Rs 4,243 crore in April, marking a notable shift in sentiment after heavy…
A former BlackRock fund manager just issued a major warning on the US economy. In a new interview on Market Disruptors, Edward Dowd forecasts an incoming recession and market meltdown driven in part by a housing crisis and a bursting AI bubble. Dowd points to collapsing new home permits since 2022 and falling tenant rents…
The Dow Jones fell on Friday, shedding 780 points at its lowest. Relief from tariff threats is over as the trade policy cycle begins anew. Markets pared back downside bets after investors remembered the odds of a tariff walkback remain high. The Dow Jones Industrial Average (DJIA) saw stiff losses during the Friday market session…
Have you ever asked yourself: Why can’t I trade stocks at 2 a.m.? Why is it still so difficult and expensive to access U.S. equities from outside the U.S.? Can’t crypto fix that? The truth is simple: Traditional finance (TradFi) hasn’t kept up with the pace of innovation. Global markets still operate on outdated rails,…
Foreign Institutional Investors (FIIs) have continued their buying spree in Indian equities, with purchases amounting to Rs 23,778 crore through May 16, 2025. This comes after a notable shift in FII strategy in April, where they reversed their selling stance and recorded net purchases of Rs 4,243 crore. The data was highlighted by Dr. VK…
1) Follow the leader: Growth vs value Another of my daily go-to charts is the ratio between Large Cap Growth and Large Cap Value. The chart below shows the relative strength between these via the SPYG (SPDR S&P 500 Growth) and SPYV (SPDR S&P 500 Value) ETFs. This chart is from FastTrack. Growth, in general,…
The Dow Jones shed around 150 points on Friday, falling back to 41,225. Investors are bracing for geopolitical tensions as the US and China head for initial trade talks. Even a social media post from President Trump pondering 80% tariffs could bolster market sentiment. The Dow Jones Industrial Average (DJIA) followed the broader market lower…