Growth in Services Activity in the Middle of the U.S.
According to a monthly survey by the Federal Reserve Bank of Kansas City, there has been a slight increase in growth in services activity in the middle of the U.S.…
SEC Sues Kraken: A Regulatory Crackdown on Crypto
The Securities and Exchange Commission (SEC) has taken legal action against cryptocurrency exchange Kraken, in line with the ongoing U.S. government's efforts to regulate the crypto industry. Surprisingly, the news…
OPEC Meeting Delay Causes Oil Prices to Fall
The eagerly anticipated meeting of the Organization of the Petroleum Exporting Countries (OPEC) has been postponed, resulting in a decline in oil prices and a negative impact on energy stocks.…
Bitcoin and Cryptocurrencies Surge, Eyeing Recent Highs
Bitcoin and other cryptocurrencies rebounded on Friday following a recent selloff, positioning themselves close to previous highs. Market participants are optimistic about further gains, especially considering the seasonal factors that…
This Week’s Highlights
The Federal Reserve's preferred inflation measure and a handful of major earnings reports will take the spotlight this week. Keep an eye out for the following: Monday, November 27th Zscaler:…
CrowdStrike Exceeds Expectations in Q3
CrowdStrike, a leading cybersecurity firm, impressed investors with its standout performance in the third quarter. The company reported a revenue of $786 million and an adjusted profit of 82 cents…
Tax-Loss Selling: Identifying Stocks with Potential
Despite the recent market rebound, there are still many stocks that have been significantly affected. These stocks, which have been subject to heavy "tax-loss selling," present lucrative options for investors.…
SEC’s Rule-Making Agenda for 2023 Raises Concerns
The Securities and Exchange Commission (SEC) is not slowing down in its efforts to craft new rules as 2023 comes to a close. These regulations are expected to have a…
The Case for Value Stocks: A Reversal in Performance on the Horizon
Over the past few years, value stocks have lagged significantly behind their growth counterparts. However, this trend is unlikely to persist indefinitely, presenting an attractive opportunity for investors to consider…
Crude Oil Futures Experience Volatility Amid OPEC Disagreements and US Supply Data
Crude oil and refined product futures saw significant fluctuations on Wednesday morning as a result of ongoing disagreements within OPEC+ and unexpected supply and demand data from the Energy Information…
PVH Corp Reports Third-Quarter Results
PVH Corp, the parent company of iconic brands Calvin Klein and Tommy Hilfiger, released its third-quarter financial results today. Despite reporting slightly lower revenue than expected, PVH remains optimistic about…
Illuminating Rockefeller Center for the Holidays
The iconic Christmas tree at Rockefeller Center in New York City was brought to life on Wednesday night. This beloved holiday tradition drew crowds as more than 50,000 multicolored lights…