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HomeThe Daily Financial Trends

The Daily Financial Trends

The Daily Financial Trends
Trends Make the Portfolio – David Greenberg
Finance

As Inflation Begins To Slow, Groceries Are One Exception The Daily Financial Trends

August 13, 2022 Stu Turley

As inflation slows down some, one place not seeing the relief is grocery prices. Food at home prices rose 1.3% from June to July, leading to a 13.1% rise compared to last year. According to […]

Finance

Inflation Reduction Act Passes House The Daily Financial Trends

August 13, 2022 Stu Turley

The House of Representatives passed the Inflation Reduction Act Friday, by a vote of 220 to 207. The bill will now head to the White House to be signed and become law. The bill will […]

Finance

Why Investors Should Minimize Exposure To Semiconductors The Daily Financial Trends

August 11, 2022 Stu Turley

Citi Analyst Chris Danely is warning investors to stay away from semiconductor stocks. In a new note to clients, Danely writes, “We believe negative catalysts will now outnumber positive catalysts given upcoming PC data points […]

Elon Musk
Finance

Elon Musk Says Twitter Is Hiding Witnesses The Daily Financial Trends

August 11, 2022 Stu Turley

Elon Musk has told the court hearing Twitter’s lawsuit against him that Twitter is hiding key witnesses in their legal battle, which he will need to call to prove he should be released from the […]

Consumers Price Index
Finance

Consumers Price Index Holds Steady In July The Daily Financial Trends

August 11, 2022 Stu Turley

The Consumer Price Index was unchanged in July, due to a precipitous drop in the price of gasoline, in a small sign of hope the Federal Reserve may begin softening its highly aggressive policy position […]

oil prices
Finance

Oil Continues To Fall On EIA Data The Daily Financial Trends

August 11, 2022 Stu Turley

During early Asian trading, oil prices fell, as traders considered rising inventories and diminishing demand. Brent crude futures dropped 53 cents, or 0.5%, to $96.87 per barrel by 0005 GMT, as U.S. West Texas Intermediate […]

Elon Musk
Finance

Elon Musk Announces 500 Mile Semi To Ship This Year, Cybertruck Next Year The Daily Financial Trends

August 11, 2022 Stu Turley

Tesla CEO Elon Musk tweeted Wednesday that the electric automaker will begin shipping its 500 mile range Semi Truck to customers this year, and deliveries of the company’s Cybertruck will begin next year. Tesla Semis […]

Stocks - NYSE - ENB
Finance

Market Metrics Historically Presage A Big Move, Maybe Up, But More Likely Down

August 10, 2022 Stu Turley

As investors try to figure out if the market has reached its bottom, analysts at Jefferies Equity Research & Strategy issued a weekend note in which they pointed out that the recent pace of the […]

Russia
The Daily Financial Trends

Russia Limits Access To Its Markets To Prevent Traders In “Unfriendly” Countries From Trading

August 10, 2022 Stu Turley

As Russia prepares to allow traders from “friendly” countries which have not sanctioned the nation to trade on the Moscow Exchange, the Russian central bank announced steps Monday which will prevent investors from “unfriendly” countries  […]

Musk
The Daily Financial Trends

Musk Responds To Twitter’s Suit, Claims Bots Twice As Many As Twitter Claims

August 10, 2022 Stu Turley

Elon Musk has responded to Twitter’s suit seeking to force him to follow through on his $44 billion purchase agreement with the social media giant. In his response to the suit, which includes counter-claims, Musk […]

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