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After a huge fall in September, ADBE continues to retake lost ground Fiscal Q4 earnings and fiscal 2023 guidance look reasonably solid amid a tougher macroeconomic environment Adobe stock isn’t...
The regional banking ETF had been a market leader for much of the year as rates rose Despite fears of an economic slowdown, a stronger dollar through September helped the cyclical group Now, though,...
Concerns about a potential recession and weaker profit margins in the industry are hampering bank shares in the S&P 500 The SPDR S&P Bank ETF (KBE) has completed a symmetrical triangle,...
There was nothing at all surprising about the Fed leaning against the exuberance of the market last week The Fed's target of a 2% inflation rate remains very far-fetched In the meantime, higher...
China demand supportive to crude in pre-holiday trade while COVID fear beckons Charts show WTI could retest last week’s $77 peak but could also drop to $65 US housing and consumer confidence...
The week of Dec. 19 will be anything but slow and quiet. There will be a ton of economic data, and the highlights won’t come until Friday when we get PCE, the University of Michigan, durable...
PCE inflation data, Fed rate hike expectations, recession fears in focus. Nike shares are a buy with upbeat earnings on deck. Micron stock is set to struggle amid shrinking profit and revenue...
The Federal Reserve delivered another rate hike this week and signaled further tightening in 2023 as it tries to bring down inflation. Higher rates will lead to further market turmoil, especially in...