The stock market is currently in a period of consolidation as investors wait for the release of the Consumer Price Index (CPI) for January 2023. The CPI is an important indicator of inflation and can affect the direction of interest rates. Investors are also looking ahead to potential changes in fiscal and monetary policies, as […]
View MoreSince the beginning of 2022, all counter trend rallies in the S&P 500 index ($SPY) have been short-lived and have fizzled away at the 200-day moving average. This has been due to the strong selling pressure from investors and traders who are reluctant to jump into the market due to the high volatility and uncertainty […]
View MoreThursday’s US CPI report will likely show the 6th consecutive month of lower YoY CPI and an inflation rate below 7% for the first time since November 2022. The US Department of Labor’s Bureau of Labor Statistics is expected to release its Consumer Price Index (CPI) report on Thursday. The report will likely show the […]
View MoreThursday’s US CPI report will likely show the 6th consecutive month of lower YoY CPI and an inflation rate below 7% for the first time since November 2022. The US Department of Labor’s Bureau of Labor Statistics is expected to release its Consumer Price Index (CPI) report on Thursday. The report will likely show the […]
View MoreDisney is planning to offer a new lower priced theme park access and perks package in 2023. The plan will include a lower cost option for visitors to gain access to the theme parks and some additional perks. The new package will be called the Disney Experience Pass and will cost $999 per person, which […]
View MoreOther advantages of Indonesia is that the whole battery supply chain can be developed in house in country. This means that Indonesia has access to the latest technologies in battery production and can develop products faster than many other countries. Additionally, Indonesia has a large labor pool which allows for lower costs of production compared […]
View MoreOther advantages of Indonesia is that the whole battery supply chain can be developed in house in country. This means that Indonesia has access to the latest technologies in battery production and can develop products faster than many other countries. Additionally, Indonesia has a large labor pool which allows for lower costs of production compared […]
View MoreTesla’s next factory may be coming to Indonesia! The electric car maker is reportedly in talks with Indonesia’s Investment Coordinating Board to build a factory in the country. The new facility could produce vehicles, batteries, and other components. The investment could reportedly be worth up to $2 billion. If the plans are approved, Tesla would […]
View MoreWells Fargo, once the No. 1 player in mortgages, is stepping back from the housing market, announcing last week it was cutting more than 500 employees in its home lending division. The bank said it was making the move to reduce costs, but the move also comes as the mortgage market has become increasingly competitive […]
View More1. Apple Inc. (AAPL)2. Microsoft Corp. (MSFT)3. Amazon.com Inc. (AMZN)4. Alphabet Inc. (GOOGL)5. Facebook Inc. (FB)
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