William V. Selesky Senior Analyst: Basic Materials Bill covers the Basic Materials sector for Argus. He has worked in the investment business for over 15 years, including positions as a senior equity analyst for firms such as Palisade Capital Management, PaineWebber/Mitchell Hutchins Asset Management and John Hsu Capital Group. He has provided coverage on groups…
is facing intensified pressure from sellers. In the last ten trading sessions, institutional investors have pulled almost $3 billion from Bitcoin ETFs. This historical streak comes on the backdrop of a significant Bitcoin price decline. The BTC price hovers around the $72,500–$73,400 level. While Wall Street appears to be leaving BTC behind, they are turning…
Quick Read Schwab U.S. Dividend Equity ETF (SCHD) yielding 3.5% generates $25,200 annually on $720,000 with 236% total return over ten years, Realty Income (O) pays 5.1% yield with 670 consecutive monthly dividends and 114 quarterly increases, and JPMorgan Equity Premium Income (JEPI) distributes roughly 7.5% through covered call strategies with a 0.4% expense ratio….
Bitmine Immersion Technologies (NYSE: $BMNR) slowed its purchases of Ethereum (CRYPTO: $ETH) over the past week as the price continues to fall. The largest Ethereum treasury firm bought 26,497 ETH in the last week, sharply reducing the pace of accumulation after making its largest purchase of 2026 a week earlier. The latest acquisition, worth $53…
Bill Clinton was president the last time Micron (MU) sported this kind of relative strength index (RSI) on the charts. AlphaSpace intel: According to Yahoo Finance AlphaSpace, the RSI on memory chip play Micron currently stands at 90. It hasn’t been this high since hitting 96 on Sept. 1, 1995. The RSI is a popular…
We just covered the Top 10 Stock Picks of Billionaire Paul Singer. Southwest Airlines Co (NYSE:LUV) ranks #4 (see Top 5 Stock Picks of Billionaire Paul Singer). Elliott’s Stake: $1,140,099,220 Airlines are reeling amid the Middle East conflict, with higher oil prices and softer demand hitting margins across the sector. But Southwest Airlines Co (NYSE:LUV) is…
Summary The first-quarter earnings season has been sensational. Many companies knocked it out of the park when delivering earnings and revenue numbers that well beyond expectations. With reports now in from about 96% of S&P 500 companies, earnings have climbed a staggering 29% from last quarter. Information Technology, up 56%, and Communication Services, up 51%,…
GOOGL is no longer flirting with the 382.57-382.97 monthly zone. It already gave us an LBAF there last week at the “got ya” spot, and instead of doing something productive with it, price rolled back over and closed Friday around 380.57. That matters, because once you get a failed move lower at a level and…
Gold is currently moving in a range-bound pattern with choppy short-term fluctuations, leaning slightly bearish overall. Persistently strong U.S. inflation has pushed markets to delay expectations for Federal Reserve rate cuts. The U.S. Dollar and Treasury yields remain elevated, putting notable pressure on gold prices. Rising international crude oil prices further reinforce the view that…
LINK is another strong cryptocurrency outside the top 10 that is currently in its cyclical accumulation phase. Since I have recently been examining the strength of OTHERS in relation to BTC, it is time to take a deeper dive into Chainlink. For that related idea view it here: The Market StructureLINK is back inside its…
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