These ETFs have gained massively last week which marked a bloodbath in Wall Street.
Micron NASDAQ: MU stock surged 7% on March 12th, catalyzed by the February CPI report. The CPI report was better than expected, showing inflation cooling compared to the previous month and alleviating some market fear.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Stock futures rise as traders await key CPI data. Tariff uncertainty lingers, and Fed policy moves remain in focus.
CPI Card Group reported strong Q4 revenue growth, but profitability again slightly declined due to up-front operating expenses to support future earnings growth. The company guides for mid-to-high single-digit growth in revenues and adjusted EBITDA through 2025, in line with expectations. Positively, earnings growth is guided to converge with topline growth. I still estimate PMTS stock to be undervalued with 37% upside to a fair value of $40.9.
I had a great and informative interview today with Dale Pinkert of Forex Analytics. We discussed many macro themes: Dale and I also discussed the silver to gold ratio.
January's inflation print surprised to the upside, sending major equity benchmarks tumbling in trading Wednesday. In a complex inflation and interest rate environment, active management may prove a boon.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Pre-market futures are sinking like a stone on this morning's Consumer Price Index (CPI) data, which came in stronger than predicted and much higher the investors were hoping for. The Dow, which had been down -10 points heading into the print, is now -435 points.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.