by Kenneth Ameduri | CTS-News
CPI Report Throws a Wet Blanket on Mag-7 Stock Rally Hopes! The last thing career politicians need in an election year is an inflation print that doesn’t support the “mission accomplished” narrative. The Bureau of Labor Statistics (BLS) can only massage and suppress...
by Kenneth Ameduri | CTS-News
Bitcoin and Ethereum: Big Ride to All-Time Highs! Cryptocurrency hardly gets mentioned in the mainstream press until it makes a big price move, and then the pundits come out of the woodwork. They’ll claim to have been bullish on Bitcoin and Ethereum all along, but...
by Kenneth Ameduri | CTS-News
Just recently, the entire large-cap stock market breathed a sigh of relief when NVIDIA posted 4Q2023 results that smashed Wall Street’s expectations. That’s all fine and well, but it speaks volumes that so much was riding on one company’s results in the first place....
by Kenneth Ameduri | CTS-News
January’s Hot CPI and PPI: The Party’s Over, Perma-Bulls! When the market prices sunny assumptions and best-case scenarios into large-cap stocks, the house of cards could fall apart with just a slight breeze. Multiple data points from January add up to more than just...
by Kenneth Ameduri | CTS-News
AN ELEMENTAL INVESTMENT: This One’s More Solid Than Steel! When Tesla CEO Elon Musk voices his opinion, the world listens. After all, he’s one of the world’s wealthiest individuals and, of course, he knows a thing or two about the electric vehicle market. So, it was...