October 18, 2024 Key Market Highlights This Week: Gold reaches a new all-time high despite rising interest rates and a stronger U.S. dollar, driven by surging national debt. The S&P 500 breaks through to a new record high, signaling strong market momentum. Uranium stocks ratchet higher, fueled by increasing demand for energy, especially from AI […]
Martin did his monthly interview with Jim Goddard on the This Week in Money show. Topics discussed were: Stock market trends Gold coming into seasonal strength Have geopolitical events been priced into oil? Why has the $US been rising, especially given the Fed just made a deep rate cut? The Fed says its not worried […]
This is an important chart! The S&P chart reveals two critical outside reversal weeks down from the 5,700 level—the first ending July 19th and the second just last week, on September 6th. These consecutive reversals in such a short time frame have created a powerful double top resistance. After the July 19th reversal, we saw […]
In last week’s interview on This Week in Money with Jim Goddard, we explored the likelihood of the Fed beginning to cut rates at their September 18/24 meeting and debated how aggressively they would cut. The current rate is 5.50% and according to Fed fund futures, by the end of 2024, the rate will be […]
In market analysis, closely monitoring industry leaders is vital, particularly in flourishing sectors like Artificial Intelligence (AI). As AI continues its rapid evolution, drawing parallels to the internet’s growth becomes increasingly evident. Just as the internet’s development unfolded in stages—from the establishment of hardware infrastructure such as modems, personal computers, and fiber optic cables, to […]
On March 8th, we shared a video pondering the significance of Nvidia’s recent reversal: ‘Has Nvidia’s recent reversal signaled a potential shift in its trend?’ • Nvidia Stock Analysis: Rebound Incomi… Since then, Nvidia’s movement has remained uncertain, without a clear upward or downward trajectory. It hasn’t surged to establish new highs nor has it declined significantly to breach key […]
For decades, scientists have tried to harness the energy released by nuclear fusion reactions because of the many potential benefits this form of energy generation would have. Now, artificial intelligence (AI) has become indispensable in unlocking the potential of nuclear fusion. This revolutionary technology offers a glimpse into a future fueled by clean, limitless energy, […]
On Thursday last week, BofA analysts initiated a buy signal for Super Computer. Then on Friday, the current favorite meme stock, experienced its own parabolic ascent, soaring to a record-breaking pinnacle of $1,077. At that point it was up over 1,000% for the year. Then it dropped 20% Friday afternoon and another 2% today. Nvidia, […]
Martin re-recorded his presentation from the World Outlook Financial Conference in Vancouver on February 2/3, 2024. In the presentation he outlines key energy sources and gives 12 stocks for investors to consider in the natural gas, uranium, and oil sectors.
As an investment newsletter we strive to keep investors on top of what is driving the markets. As we have been highlighting for Trend Letter subscribers the last few weeks, we are currently well-positioned for a potential pullback in the S&P. The developments in yesterday and today’s price action has increased the likelihood of such […]