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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

PDAC
Rare Earth Minerals

The View from England: PDAC is over — time for would-be investors to reflect 

March 10, 2023 Mariel Alumit

​The middle of March is a depressing time in the calendar, and not just because it means the annual PDAC conference is over. Ever since William Shakespeare wrote Julius Caesar in 1599, we have associated […]

Halted
Investments

Silicon Valley Bank Trading Halted, Company Seeks Buyer, Financial Stocks Shudder

March 10, 2023 Mariel Alumit

The SVB Financial (SIVB) financial crisis deepened Friday with shares plummeting before trade was halted. CNBC reported the company sought a buyer after being unable to raise capital in a Thursday offering. However, deposit outflows […]

Growth
Investments

Jobs Report: Soft Wage Growth Offsets Strong Hiring But S&P 500 Falls

March 10, 2023 Mariel Alumit

Job growth stayed too hot for the Fed in February, as employers added 311,000 payroll positions. Yet the unemployment rate rose more than expected and wage growth was surprisingly soft. The S&P 500 initially climbed […]

Wall
Investments

Wall Street Firm Turns Bearish On Apple Stock; Here’s Why

March 10, 2023 Mariel Alumit

A Wall Street firm turned bearish on Apple (AAPL) stock on Friday, downgrading shares to sell from neutral. Lightshed Partners made the move based on a more conservative outlook for iPhone sales and moderating growth […]

Investments

Sellers Hit Adobe Stock Ahead Of Fiscal Q1 Results; FedEx Also Set To Report Amid Bullish Price Action

March 10, 2023 Mariel Alumit

Adobe (ADBE) and FedEx (FDX) are next up on the earnings calendar, along with top-rated growth stocks like Five Below (FIVE), Lennar (LEN) and Array Technologies (ARRY). Adobe stock has rallied back after gapping down […]

Price
Investments

Dow Jones Dips, Tech Stocks Pressured; First Republic Plunges 60% As Contagion Fears Hammer Financials

March 10, 2023 Mariel Alumit

The Dow Jones Industrial Average extended losses Friday despite some good news in the latest employment report. Meanwhile, Wall Street watched another violent sell-off in SVB Financial (SIVB), a technology lender based in California’s Silicon […]

Zero Edge

Atmospheric River Pounds California With Moisture-Packed Storms

March 10, 2023 Mariel Alumit

On Friday, an atmospheric river moves inland, pounding Northern and Central California with a series of moisture-packed storms. According to the National Weather Service, the mountains will experience “copious amounts of heavy snow,” while the […]

stocks
Investments

Best Dividend Stocks: Consider Rolling The Dice On This Top Las Vegas REIT

March 10, 2023 Mariel Alumit

The Federal Reserve has been unwavering in its goal of getting inflation back to its 2% target. With terminal rates now expected to reach as high as 5.6%, real estate stocks have been taking a […]

Price
Investments

Taylor Morrison Home Receives IBD Stock Rating Upgrade

March 10, 2023 Mariel Alumit

The IBD SmartSelect Composite Rating for Taylor Morrison Home (TMHC) increased from 94 to 96 Friday. The homebuilder is trying hard to stay within the buying range from a cup without handle pattern despite the […]

Wall Street Banker
Investments

Tesla Battery Supplier CATL Sees Profits Surge Amid Global EV Boom

March 10, 2023 Mariel Alumit

China’s CATL beat annual earnings expectations on the back of a strong fourth quarter. The company, a leading battery supplier to Tesla and others, cited worldwide demand for electric vehicles. Contemporary Amperex Technology, or CATL, […]

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