There’s a huge furor in Britain about debanking: the process where a bank says we cannot trust you anymore so get lost. It happened to Nigel Farage, a high profile figure, and now it’s happened to me. What happened? My bank basically decided that my regular withdrawals from a crypto exchange looked like money laundering…  I was at the Innovate Finance Global Summit last week and it was fantastic, as can be seen by the pic above of the CEO and Chair having a whale of a time on stage. The job I had to do was interview Jo Dewar on stage who just launched Project Nemo (more on that tomorrow) …As mentioned yesterday, I had the pleasure of moderating a fireside chat with Joanne (Jo) Dewar during IFGS last week. If you don’t know Jo, she’s a bit of a legend. You can find out all details here and, although she has achieved a lot in her career, her latest move is an interesting one:…I’ve been collecting rare coins and bank notes for years, and have a great collection that could send a dinner party to sleep before the main course is served. Yet I’m now worried that my hobby – called numismatics – is over as we go digital. What is numismatics? According to the Corporate Finance Institute, it…As a seasoned traveler, I know an awful lot about flying through Heathrow Airport, and it is always frustrating me about how the airport is structured. By way of example if you land […]

As earnings season kicks into full gear, let’s take a look at recent reports from 3 software giants under our followed stocks umbrella: Microsoft, Alphabet (Google), and Atlassian. Microsoft (MSFT) stock Microsoft reported another strong quarter in its Q3, with sales up 17% overall, and operating income jumping 23%. One big contributor was a full quarter from the recent acquisition of games giant Activision, which increased Xbox division’s revenues by 62% year-over-year. But results were pretty strong across the board. Intelligent Cloud (the Azure division) delivered 21% growth, and even mature segments like Windows (+11%), search (+12%), and Office (+13%) delivered nice gains. This is a juggernaut of a company, the largest in the world by market cap, and it continues to deliver great results.We’re seeing results that are right in line with our fair value modeling, which gets only a slight bump to $451 from $449. The stock trades a bit below that, but not enough of a margin of safety to add it to the  just yet. Alphabet (GOOG)Alphabet, the parent company of Google, delivered a similarly strong quarter. Sales were up 15%, with Google Cloud leading the way with a 28% gain (12% of total revenues). The core ad business grew 13% and represented 77% of sales, while Google’s varied subscription, platform, and devices were up 18%. Overall a solid quarter operationally, as the company continues its return to growth after a weak ’22-23 performance.The big announcement pushing the stock up was Alphabet’s new dividend program, which will begin in June […]

Today you will see SP500 price prediction based on the technical analysis. What is the support and resistance on the daily time frame for SP500. What to expect where the price will breakout for the SP500 based on the supply and demand zones.Video Length: 00:03:21   

This article concludes the analysis of the correlation patterns between quarterly Federal Deficit Spending (FDS) and Consumer Inflation (CPI).  The last of the three types of inflation patterns (time periods with no significant inflation trends) is the subject of analysis here.  The other two types of patterns (inflation surges1 and disinflation/deflation surges2) were analyzed previously.  The conclusion discusses the correlation patterns for all time periods, looks for any common threads, and identifies important differences across time periods and types of correlation patterns. From photo by  on . IntroductionThe hypothesis we are testing is that inflation depends on nonfinancial corporate credit in a linear manner, expressed in the following equation:3I = mS + bwhereI = Change in CPI (the Consumer Price Index)S = Change in Federal Deficit Spending DataThe data sources3 and tables for FDS and CPI are in Part 1.  The timelines3 for the two data sets in Part 1 have coincident timelines and offsets by three and six months out to 24 months for FDS coming before CPI and vice versa.The inflation timeline from 1952 through 2022 uses year-over-year inflation calculated quarterly.  Figure 1 shows the inflation graph for the 1952-2022 time period (from Part 1).Figure 1.  CPI Rolling Four Quarter Inflation 1952-2022 with Significant Changes in Inflation Noted (Each letter identifies the end of a significant move.  An * identifies the end of an insignificant time period.)Table 1 shows the data from Figure 1.Table 1.  Timeline of Inflation Data 1952-2022 (Previously Table 4*.1)In Table 1, a black letter identifies a significant positive surge in inflation, a red […]

Natural gas on the Nymex had a very volatile week before closing 3% lower than the previous one at $1.92. EIA reported on Thursday a build of 92 Bcf in working underground stocks. Total inventory is currently at 2,425 bcf, 22.1% higher y/y, 37% above the 5-year average. Both percentages are beginning to appear at a descending at the start of this new injection season.We have started our buying operations ahead of the winter Call options. We believe that the floor was at recent $1.50 – $1.70s. We like to buy any dip coming our way as we believe that the market will soon test the $2.30 resistance. The seasonal break-out will occur right after this range-bound shoulder season, on larger trading volumes of the summer contracts and the lower number of active rigs.The June contract is already offering us a higher support level from the recent seasonal floor. We need to be careful for another couple of weeks though, as the Daily MACD is looking ready to cross bearish. This move, if it happens, it will not last for long. We need to see higher highs before being sure about the next breakout in uptrend later in summer. I believe that too many market participants are gearing-up for buying operations so the direction will be the one we have been anticipating and we feel safe buying the dip on the near-term charts.Every time this commodity trades at a fair price, it shows the world how stable it can be […]