Breaking
Top Investing Chanel
Archive

March 2025

Browsing

Unveiling Market Trends: What’s Triggering a Midweek Bearish Shift?

Wednesday’s stock market price action revealed a caution sign, and with it, any hope that rose from Monday’s price action just got buried. The Tech sector sold off, with the Nasdaq Composite ($COMPQ) falling over 2%.

The chart of $COMPQ indicated hesitation. Of the three broader indexes, it was the one that didn’t cross above its 200-day simple moving average (SMA), and its breadth wasn’t showing signs of expanding. The Dow Jones Industrial Average ($INDU) still holds on to its position above its 200-day SMA and 21-day EMA.

The S&P 500 is a concerning chart. The index crossed above its 200-day SMA on Monday; then, on Tuesday, there was a doji candlestick indicating indecision among investors. Then comes Wednesday, and we see a wide-range down day that closed well below the midpoint of Monday’s trading range. This satisfied the conditions for an evening doji star, which is a bearish reversal pattern. In addition, the index wasn’t able to close above its January low. This doesn’t leave a warm, fuzzy feeling.

FIGURE 1. BEARISH REVERSAL IN THE S&P 500 DAILY CHART? The evening doji star is an indication of a bearish reversal. Will this hold or will the pattern fail? It’s something to watch for as tariff concerns remain front and center. Chart source: StockCharts.com. For educational purposes.

Consumer Discretionary Sells Off

The back and forth with tariffs was the main cause of Wednesday’s selloff. The news of President Trump prepping to sign an auto tariff statement after the market closes elevated investor uncertainty. The automobile industry was the worst performer in the Consumer Discretionary sector (see MarketCarpet below).

FIGURE 2. CONSUMER DISCRETIONARY SECTOR’S MARKETCARPET. The automobile industry was the worst hit in this sector. After the tariff announcement on Wednesday, the sector could see further selling. Image source: StockCharts.com. For educational purposes.

Tesla, Inc. (TSLA), the largest weighted stock in the Automobile sub-industry, fell 5.58%. There were many other auto manufacturers such as Toyota Motor (TM), Ferrari (RACE), General Motors (GM), and Honda Motor Co. (HMC), who experienced a similar fate.

Mr. Market didn’t know the tariff details before the close, so the selloff was in anticipation of 25% tariffs being implemented. At around 5:30 pm EDT, President Trump announced the implementation of 25% tariffs on autos manufactured outside of the U.S. Shares of Ford Motor Co. (F), General Motors (GM), and Stellantis (STLA) were trading lower after Wednesday’s close. Don’t be surprised if Thursday is a volatile trading day.

Semis Tumble

Things weren’t so rosy in AI land, either. Microsoft, Inc. (MSFT) scaled back on its data center buildouts, which didn’t help tech stocks. The Technology sector was the worst-performing S&P sector on Wednesday.

The Technology sector MarketCarpet below gives a good picture of the magnitude of the selloff. Semiconductors were the worst hit, with NVIDIA Corp. (NVDA), Broadcom, Inc. (AVGO), and Taiwan Semiconductor Mfg. (TSM) seeing significant declines.

FIGURE 3. TECHNOLOGY SECTOR MARKETCARPET. The Technology sector was the hardest hit on Wednesday. As you can see, it was a sea of red with the large-cap weighted stocks seeing significant selloffs. Chart source: StockCharts.com. For educational purposes.

What a difference a day makes. The Cboe Volatility Index ($VIX) is inching higher after its slide since March 11. It’s back above 18 indicating that fear is back on the table.

Fasten Your Seatbelts

The rest of this week could be volatile. Keep your eyes on the macro picture. Treasury yields held on, but could rise further on Wednesday. As a result, the U.S. dollar could strengthen against the Japanese yen. If inflation expectations and concerns about economic growth rise, precious metals could shine.

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

Fury Gold Mines Advances Québec Precious Metals Acquisition

Fury Gold Mines (TSX:FURY,NYSEAMERICAN:FURY) announced that its acquisition of Québec Precious Metals (QPM) (TSXV:QPM,OTCQB:CJCFF) is advancing on schedule, on track to reach completion before April 30.

The deal, announced in February, aims to consolidate a 157,000 hectare portfolio of gold and critical minerals projects in Québec, positioning the combined company for enhanced exploration and growth.

QPM has obtained both a no-objection letter from Corporations Canada and an interim order from the Québec Superior Court. These allow it to proceed with an April 22 meeting where shareholders will vote on the proposed acquisition.

For its part, Fury has secured conditional approvals from the Toronto Stock Exchange and NYSE American.

QPM’s shareholder circular, which is now available on SEDAR+, outlines the details of the merger and includes updated financial disclosures from Fury. Notably, Fury expects to record a non-cash impairment charge as of December 31, 2024, to align the carrying value of its mineral properties with its market capitalization.

Under the terms of the agreement, QPM shareholders will receive 0.0741 Fury shares for each QPM share, valuing QPM at approximately C$0.04 per share — a 33 percent premium based on closing prices as of February 25.

Upon completion of the deal, Fury shareholders will own approximately 95 percent of the combined company, while QPM shareholders will hold the remaining 5 percent.

“This transaction is an exciting opportunity given it doubles Fury’s land package in the Eeyou Istchee James Bay Region of Quebec and unites complementary assets, teams, and investor bases, which should ultimately increase shareholder value at both companies,’ Fury CEO Tim Clark said, describing the transaction as a transformational step.

Normand Champigny, CEO of QPM, echoed this sentiment, commenting, ‘By combining with Fury, QPM’s shareholders will benefit from the synergies and cost savings of leveraging the combined company’s excellent management team for funding and obtaining required permits to continue drilling at Sakami.”

The merger will significantly expand Fury’s footprint in Québec’s resource-rich Eeyou Istchee James Bay region.

QPM’s flagship Sakami project, a 70,900 hectare gold and lithium property, has demonstrated strong exploration potential, with drilling identifying gold mineralization across widths of up to 75 meters and depths of up to 500 meters.

Its Elmer East project contains a 4.2 kilometer gold- and base metals-bearing structure, where grab samples have returned gold values as high as 68.1 grams per metric ton, alongside significant zinc and copper concentrations.

Beyond gold and lithium, QPM brings a strategic rare earths asset into the combined portfolio.

The Kipawa heavy rare earth elements project, in which QPM holds a 68 percent interest, hosts a historically defined 2013 reserve estimate of 19.8 million metric tons. It has road access and is in proximity to infrastructure.

While the transaction is moving forward as planned, it remains subject to various conditions, including approval from at least two-thirds of QPM shareholders, and final court and regulatory approvals.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Trump’s Auto Tariffs Ignite Global Trade Tensions and Market Uncertainty

The global auto industry was thrown into turmoil on Wednesday (March 26) as US President Donald Trump announced sweeping 25 percent tariffs on imported vehicles and auto parts.

The tariffs, set to take effect in early April, mark a significant escalation in Trump’s ongoing trade war and are expected to raise car prices, disrupt supply chains and provoke retaliatory measures from key US allies.

The White House is framing the measure as a strategy to boost domestic manufacturing and address what Trump has called an unfair reliance on foreign production. However, the tariffs apply not only to foreign automakers, but also to American brands, which rely heavily on imported parts and assemble many of their vehicles outside the US.

Carmakers take share price hits

The announcement sent shockwaves through global stock markets, particularly in the automotive sector.

Shares of major automakers in Japan, South Korea and Europe plummeted, with Toyota Motor (NYSE:TM,TSE:7203) and Mazda Motor (TSE:7261) leading declines in Tokyo. South Korean carmakers Hyundai Motor (KRX:005380) and Kia (KRX:000270) also took heavy losses, while auto parts suppliers in India and Germany saw sharp drops.

US automakers were not spared — shares of General Motors (NYSE:GM) tumbled nearly 7 percent, while Ford Motor (NYSE:F) and Stellantis (NYSE:STLA) each fell more than 4 percent in after-hours trading on Wednesday.

Tesla’s (NASDAQ:TSLA) share price, however, saw a slight increase, despite a warning from CEO Elon Musk that the tariffs will still have a ‘significant’ impact on his company.

Beyond the stock market reaction, industry analysts predict the tariffs could add thousands of dollars to the cost of vehicles, further straining American consumers already facing high inflation. The tariffs are expected to increase vehicle prices, with estimates suggesting an average rise of US$4,400 per new car.

The Center for Automotive Research previously projected that such tariffs could lead to a reduction of approximately 2 million in US new vehicle sales and result in the loss of nearly 714,700 jobs.

‘The tariffs imposed today will make it more expensive to produce and sell cars in the United States, ultimately leading to higher prices, fewer options for consumers, and fewer manufacturing jobs in the US,’ said Jennifer Safavian, president and CEO of Autos Drive America, in a recent statement.

International backlash and retaliation threats

Key US allies, including Canada, Japan, South Korea and the European Union, swiftly condemned the move from the Trump administration and signaled potential retaliatory actions.

European Commission President Ursula von der Leyen described the tariffs as ‘bad for businesses, worse for consumers,’ while Canadian Prime Minister Mark Carney called them a ‘direct attack’ on Canadian workers.

‘We will defend our workers, we will defend our companies, we will defend our country and we will defend it together,’ Carney stated. He has also said Canada’s old relationship with the US is ‘over.’

Japanese Prime Minister Shigeru Ishiba said Tokyo is considering ‘all options’ in response to the new tariffs, and South Korea announced plans to implement an emergency response for its auto industry by early April.

Brazilian President Luiz Inácio Lula da Silva also criticized the move, warning that it could lead to inflation in the US and damage global economic stability. ‘Protectionism doesn’t help any country in the world,’ Lula said at a press conference in Tokyo, vowing to file a complaint with the World Trade Organization.

Trump, however, has remained defiant.

In an Oval Office statement, he defended the tariffs as a necessary step to curb what he described as foreign nations ‘taking our jobs, taking our wealth, taking a lot of the things that they’ve been taking over the years.’

He warned that if Canada and the EU retaliate, the US will respond with even ‘larger-scale tariffs.’

In a post on Truth Social, Trump stated, ‘If the European Union works with Canada in order to do economic harm to the USA, large-scale tariffs, far larger than currently planned, will be placed on them both in order to protect the best friend that each of those two countries has ever had.’

Auto industry divided on tariffs

While many automakers and trade groups have voiced opposition to the new tariffs, the United Auto Workers (UAW) union, an American union with over 400,000 active members, has applauded the move.

‘These tariffs are a major step in the right direction for autoworkers and blue-collar communities across the country, and it is now on the automakers, from the Big Three to Volkswagen and beyond, to bring back good union jobs to the U.S.,’ UAW President Shawn Fain said in a statement released on Wednesday.

Some foreign automakers have already announced plans to expand their US operations in an attempt to mitigate the impact of the tariffs. For example, Hyundai recently pledged to invest US$21 billion in the US over the next four years, including a new steel production facility in Louisiana.

Mercedes-Benz Group (OTC Pink:MBGAF,ETR:MBG) has indicated it will expand operations in Alabama, though it remains unclear how significantly these moves will offset the broader economic impact.

What comes next?

Trump’s auto tariff decision is the latest in a string of aggressive trade measures since his return to office.

Earlier this year, he announced tariffs on Canada and Mexico over their alleged roles in allowing fentanyl into the US; in addition to that, Trump has imposed new duties on Chinese imports, and has hinted at an upcoming reciprocal tariff policy that would match the import taxes of other countries.

Trade officials around the world are preparing potential countermeasures. The European Union is reportedly considering tariffs on US agricultural exports, while Canada is exploring retaliatory duties on American goods.

The move also raises questions about Trump’s long-term economic strategy.

While his administration argues that tariffs will encourage companies to bring production back to the US, many economists believe the costs will ultimately be passed on to American consumers and businesses.

For now, the global auto industry is bracing for uncertainty, with markets watching closely for further retaliatory measures and potential negotiations to mitigate the immediate impact of the tariffs.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Stock Market News UK Update: FTSE 100 & 250 Rise

Stock Market News: UK Forecast and Technical Analysis

Today, the UK stock market saw the FTSE 250 increase by 195 points (0.9%) to 21,628, nearly matching the 1.2% increase in the FTSE 100, driven largely by gains in mining stocks. This positive momentum is creating a bullish sentiment in the market.

The two London indices are leading the European market this morning. The DAX is up 0.7% in Germany, followed by the FTSE MIB in Italy, the CAC 40 in France, and the IBEX 35 in Spain, all of which are up 0.4%, reinforcing the optimistic outlook across Europe.

The gain for the Euro Stoxx 600 is just under 1%. Risers include Just Eat Takeaway, rising 17%; TeamViewer, the software company and owner of Kenco, JD Peet.

Among the higher risers, Wickes Group PLC, one of the UK’s listed companies, has seen a 3.3% increase in revenue despite facing difficulties retaining customers for its custom kitchen, home office installation, and bathroom services.

In the first half, this segment’s revenues were destroyed by 17%, offsetting the 1% growth in revenue in its core retail offering.

GSK Shares Decline

GSK PLC, the drugmaker listed on the FTSE 100, raised its annual earnings and sales forecasts due to strong second-quarter performance from HIV and cancer treatments, but the stock is currently down 2.5%.

Core EPS profits are now expected to increase by 10-12% in 2024, up from the previous guidance of 8-10%. Meanwhile, the overall profits are expected to increase by 7-9%, compared to the earlier estimate of 5-7%.

Nonetheless, there were some omissions in the data: vaccination profit fell 9% short of expectations as shingles treatment Shingrix was a 20% disappointment as US sales plummeted 36%.

This is due to decreased demand and inventory reductions. However, it is important to note that international sales make up about 64% of total revenue.

General medicine, oncology, and HIV all performed better than anticipated.

GSK/GBX 5-Day Chart

Growth Expectation For FTSE 250

In the last five years, Greggs’ shares have increased by 40%, outpacing the FTSE 250 London stock. The company’s first-half (H1) results have given them an additional 5% boost.

The most recent data shows a 16% increase in profit before taxes and a 14% increase in sales.

However, despite these gains, projections indicate a minor decline in Greggs’ EPS for the full year 2024. However, the company’s first-half revenue increased by only 15%.

It is a basic diluted estimate that does not account for anomalies. However, it raises the possibility that projections are simply exaggerating the situation.

Thanks to these expenditures and a well-defined expansion plan, Greggs has produced substantial returns for its owners.

For the 2023 fiscal year, Greggs reported record yearly sales of £1.8 billion and a profit before taxes of £188.3 million.

The company also disclosed a significant capital investment program aimed at enhancing its manufacturing capacity and expanding its capacity to accommodate approximately 3,500 stores throughout the United Kingdom.

UK Stock Market Today: FTSE Stock Surge

Among the top risers in the FTSE, Antofagasta PLC and Rio Tinto have shown significant gains. Antofagasta PLC saw notable gains despite no specific news being released. Rio Tinto’s positive results, which included a 1.8% increase in first-half profit, contributed to a 1% rise in its shares and may have influenced the broader market.

More significantly, there are rumours that the Anglo-Australian miner Antofagasta is eyeing a major opportunity in the copper industry, further boosting investor confidence.

The Footsie has continued to rise, hitting a two-month peak of nearly 8,374 following a 1.2% increase. This is the highest value for the London standard since May 22nd, topping 8,368.

HSBC Makes a £3 Billion Buyback

Following a largely flat first half of the year, HSBC Holdings PLC announced an additional interim dividend and a £3 billion share buyback.

For the first half of 2024, the £0.10 per share dividend will equate to 20 cents, unchanged from the previous year. The share buyback is anticipated to be finished in three months.

The bank, with a focus on Asia, reported a first-half pre-tax profit of $21.6 billion, which was marginally lower than the same period last year, even though revenue increased 1% to $37.3 billion and certain “strategic transactions” had a net positive revenue impact of $0.2 billion.

The second quarter’s $16.5 billion in revenues exceeded analysts’ expectations, and the quarter’s $8.9 billion profit before taxes was significantly more than the $7.8 billion they had predicted.

Despite being lower than the 1.53% consensus estimate, the net interest margin improved from 1.7% to 1.62% a year ago due to an increase in the finance cost of average profit liabilities. These developments are significant for the stock market news UK, as they may influence investor sentiment and market trends.

FTSE 250 Share Price

  • Value: 21,572.34
  • Net Variation: 139.83
  • High/Low: 21,649.47 / 21,430.07
  • Previously closed price: 21,432.51
  • 52WK range: 16,783.09 – 21,432.51
  • Launch date: October 12th 1992
  • Constituents number: 250
  • Net MCap: 324,478
  • Dividend Yield: 3.35%
  • Average: 1,298
  • Largest: 4,059
  • Smallest: 81
  • Median: 1,085

FTSE 100 Share Price

  • Value: 8,390.33
  • Previous Close: 8,292.35
  • Open Price: 8,292.35
  • Day low: 8,235.55
  • Day High: 8,297.92
  • 52-week low: 7,215.76
  • 52-week high: 8,474.41

In summary, today’s gains on the stock market news UK are remarkable, as the FTSE 100 and FTSE 250 indices both saw an increase. Mining stocks, especially in the FTSE 100, have primarily driven these gains. Major indices have also increased throughout Europe, indicating an optimistic trend in the market.

While GSK continues to face difficulties even after increasing its earnings projections, Greggs has shown remarkable growth in both its stock price as well as profitability. Despite a little fluctuation in its profit margins, HSBC’s announcement of a significant share buyback and dividend demonstrates the strength of its financial position.

The post Stock Market News UK Update: FTSE 100 & 250 Rise appeared first on FinanceBrokerage.

Stock Market News UK Update: FTSE 100 & 250 Rise

Stock Market News: UK Forecast and Technical Analysis

Today, the UK stock market saw the FTSE 250 increase by 195 points (0.9%) to 21,628, nearly matching the 1.2% increase in the FTSE 100, driven largely by gains in mining stocks. This positive momentum is creating a bullish sentiment in the market.

The two London indices are leading the European market this morning. The DAX is up 0.7% in Germany, followed by the FTSE MIB in Italy, the CAC 40 in France, and the IBEX 35 in Spain, all of which are up 0.4%, reinforcing the optimistic outlook across Europe.

The gain for the Euro Stoxx 600 is just under 1%. Risers include Just Eat Takeaway, rising 17%; TeamViewer, the software company and owner of Kenco, JD Peet.

Among the higher risers, Wickes Group PLC, one of the UK’s listed companies, has seen a 3.3% increase in revenue despite facing difficulties retaining customers for its custom kitchen, home office installation, and bathroom services.

In the first half, this segment’s revenues were destroyed by 17%, offsetting the 1% growth in revenue in its core retail offering.

GSK Shares Decline

GSK PLC, the drugmaker listed on the FTSE 100, raised its annual earnings and sales forecasts due to strong second-quarter performance from HIV and cancer treatments, but the stock is currently down 2.5%.

Core EPS profits are now expected to increase by 10-12% in 2024, up from the previous guidance of 8-10%. Meanwhile, the overall profits are expected to increase by 7-9%, compared to the earlier estimate of 5-7%.

Nonetheless, there were some omissions in the data: vaccination profit fell 9% short of expectations as shingles treatment Shingrix was a 20% disappointment as US sales plummeted 36%.

This is due to decreased demand and inventory reductions. However, it is important to note that international sales make up about 64% of total revenue.

General medicine, oncology, and HIV all performed better than anticipated.

GSK/GBX 5-Day Chart

Growth Expectation For FTSE 250

In the last five years, Greggs’ shares have increased by 40%, outpacing the FTSE 250 London stock. The company’s first-half (H1) results have given them an additional 5% boost.

The most recent data shows a 16% increase in profit before taxes and a 14% increase in sales.

However, despite these gains, projections indicate a minor decline in Greggs’ EPS for the full year 2024. However, the company’s first-half revenue increased by only 15%.

It is a basic diluted estimate that does not account for anomalies. However, it raises the possibility that projections are simply exaggerating the situation.

Thanks to these expenditures and a well-defined expansion plan, Greggs has produced substantial returns for its owners.

For the 2023 fiscal year, Greggs reported record yearly sales of £1.8 billion and a profit before taxes of £188.3 million.

The company also disclosed a significant capital investment program aimed at enhancing its manufacturing capacity and expanding its capacity to accommodate approximately 3,500 stores throughout the United Kingdom.

UK Stock Market Today: FTSE Stock Surge

Among the top risers in the FTSE, Antofagasta PLC and Rio Tinto have shown significant gains. Antofagasta PLC saw notable gains despite no specific news being released. Rio Tinto’s positive results, which included a 1.8% increase in first-half profit, contributed to a 1% rise in its shares and may have influenced the broader market.

More significantly, there are rumours that the Anglo-Australian miner Antofagasta is eyeing a major opportunity in the copper industry, further boosting investor confidence.

The Footsie has continued to rise, hitting a two-month peak of nearly 8,374 following a 1.2% increase. This is the highest value for the London standard since May 22nd, topping 8,368.

HSBC Makes a £3 Billion Buyback

Following a largely flat first half of the year, HSBC Holdings PLC announced an additional interim dividend and a £3 billion share buyback.

For the first half of 2024, the £0.10 per share dividend will equate to 20 cents, unchanged from the previous year. The share buyback is anticipated to be finished in three months.

The bank, with a focus on Asia, reported a first-half pre-tax profit of $21.6 billion, which was marginally lower than the same period last year, even though revenue increased 1% to $37.3 billion and certain “strategic transactions” had a net positive revenue impact of $0.2 billion.

The second quarter’s $16.5 billion in revenues exceeded analysts’ expectations, and the quarter’s $8.9 billion profit before taxes was significantly more than the $7.8 billion they had predicted.

Despite being lower than the 1.53% consensus estimate, the net interest margin improved from 1.7% to 1.62% a year ago due to an increase in the finance cost of average profit liabilities. These developments are significant for the stock market news UK, as they may influence investor sentiment and market trends.

FTSE 250 Share Price

  • Value: 21,572.34
  • Net Variation: 139.83
  • High/Low: 21,649.47 / 21,430.07
  • Previously closed price: 21,432.51
  • 52WK range: 16,783.09 – 21,432.51
  • Launch date: October 12th 1992
  • Constituents number: 250
  • Net MCap: 324,478
  • Dividend Yield: 3.35%
  • Average: 1,298
  • Largest: 4,059
  • Smallest: 81
  • Median: 1,085

FTSE 100 Share Price

  • Value: 8,390.33
  • Previous Close: 8,292.35
  • Open Price: 8,292.35
  • Day low: 8,235.55
  • Day High: 8,297.92
  • 52-week low: 7,215.76
  • 52-week high: 8,474.41

In summary, today’s gains on the stock market news UK are remarkable, as the FTSE 100 and FTSE 250 indices both saw an increase. Mining stocks, especially in the FTSE 100, have primarily driven these gains. Major indices have also increased throughout Europe, indicating an optimistic trend in the market.

While GSK continues to face difficulties even after increasing its earnings projections, Greggs has shown remarkable growth in both its stock price as well as profitability. Despite a little fluctuation in its profit margins, HSBC’s announcement of a significant share buyback and dividend demonstrates the strength of its financial position.

The post Stock Market News UK Update: FTSE 100 & 250 Rise appeared first on FinanceBrokerage.

Dollar Tree says it’s winning over higher-income shoppers and may offset tariffs with price hikes

Dollar Tree said Wednesday that it’s gaining market share with higher-income consumers and could raise prices on some products to offset President Donald Trump’s tariffs.

The discount retailer’s CEO, Michael Creedon, said the company is seeing “value-seeking behavior across all income groups.” While Dollar Tree has always relied on lower-income shoppers and gets about 50% of its business from middle-income consumers, sustained inflation has led to “stronger demand from higher-income customers,” Creedon said.

Dollar Tree’s success with higher-income shoppers follows similar gains from Walmart, which has made inroads with the cohort following the prolonged period of high prices.

Trump’s tariffs on certain goods from China, Mexico and Canada — and the potential for broad duties on trading partners around the world — have only added to concerns about stretched household budgets. While Dollar Tree will use tactics like negotiating with suppliers and moving manufacturing to mitigate the effect of the duties, it could also hike the prices of some items, Creedon said.

Dollar Tree has rolled out prices higher than its standard $1.25 products at about 2,900 so-called multi-price stores. Certain products can cost anywhere from $1.50 to $7 at those locations.

The retailer weighed in on higher-income customers and the potential effect of tariffs as it announced its fourth-quarter earnings. Dollar Tree also said it will sell its struggling Family Dollar chain for about $1 billion to a consortium of private-equity investors.

Dollar Tree said its net sales for continuing operations — its namesake brand — totaled $5 billion for the quarter, while same-stores sales climbed 2%. Adjusted earnings per share came in at $2.11 for the period.

It is unclear how the figures compare to Wall Street estimates.

For fiscal 2025, Dollar Tree expects net sales of $18.5 billion to $19.1 billion from continuing operations, with same-store sales growth of 3% to 5%. It anticipates it will post adjusted earnings of $5 to $5.50 per share for the year.

Creedon said the expected hit from the first round of 10% tariffs Trump levied on China in February would have been $15 million to $20 million per month, but the company has mitigated about 90% of that effect.

Additional 10% duties on China imposed this month, along with 25% levies on Mexico and Canada that have only partly taken effect, would hit Dollar Tree by another $20 million per month, Creedon said. The company is working to offset those duties, but did not include them in its financial guidance due to the confusion over which tariffs will take effect and when.

This post appeared first on NBC NEWS

Oil executives bluntly criticize Trump tariffs and ‘drill, baby, drill’ mantra

Oil executives are warning that President Donald Trump’s tariffs and “drill, baby, drill” message have created uncertainty in energy markets that is already affecting investment.

The executives, shielded by anonymity, bluntly criticized Trump in their responses to a survey conducted by the Federal Reserve Bank of Dallas from March 12 to March 20.

“The administration’s chaos is a disaster for the commodity markets,” one executive said. ”‘Drill, baby, drill’ is nothing short of a myth and populist rallying cry. Tariff policy is impossible for us to predict and doesn’t have a clear goal. We want more stability.”

Several executives said Trump’s steel tariffs are raising their costs, making it difficult to plan for future projects.

“Uncertainty around everything has sharply risen during the past quarter,” another executive said. “Planning for new development is extremely difficult right now due to the uncertainty around steel-based products.”

They also criticized the suggestion by White House advisers such as Peter Navarro that Trump’s “drill, baby, drill” agenda aims to push oil prices down to $50 a barrel to fight inflation.

“The threat of $50 oil prices by the administration has caused our firm to reduce its 2025 and 2026 capital expenditures,” an executive said. ”‘Drill, baby, drill’ does not work with $50 per barrel oil. Rigs will get dropped, employment in the oil industry will decrease, and U.S. oil production will decline as it did during COVID-19.”

CNBC has asked the White House for comment.

The Dallas Fed Energy Survey is conducted every quarter with about 200 firms responding. The survey covers operators in Texas, southern New Mexico and northern Louisiana.

The scathing criticism in the Dallas Fed survey stood in contrast to major oil companies’ public comments at the industry’s big energy conference in Houston earlier this month.

Executives mostly praised Trump’s energy team during the event and welcomed the administration’s focus on increasing leasing and slashing red tape around permitting.

This post appeared first on NBC NEWS

Master Multi-Timeframe Analysis to Find Winning Trades!

In this exclusive StockCharts video, Joe shares how to use multi-timeframe analysis — Monthly, Weekly, and Daily charts — to find the best stock market opportunities. See how Joe uses StockCharts tools to create confluence across timeframes and spot key levels. Joe then identifies strength in commodities, QQQ, and finishes up by reviewing symbol requests from viewers.

This video was originally published on March 26, 2025. Click this link to watch on Joe’s dedicated page.

Archived videos from Joe are available at this link. Send symbol requests to stocktalk@stockcharts.com; you can also submit a request in the comments section below the video on YouTube. Symbol Requests can be sent in throughout the week prior to the next show.

This Precious Metal is On the Verge of a Massive Breakout. Here’s How to Catch It!

Gold at $3,100 and silver at $50? That might’ve sounded wild a year or two ago, but it’s now the upper trajectory some analysts are eyeing. With consumer confidence cratering to a 12-year low, inflation expectations rising, and central banks hoarding bullion like it’s the latest fashion, gold is holding firm above $3,000 per ounce and silver is knocking on $34.

There’s another thing to consider: the gold-to-silver ratio is still high, reaching 91:1 on Monday and 89.7 on Tuesday, hinting that silver may be massively undervalued. If the ratio snaps back to historical norms, silver could explode past $40, even $50, while gold edges toward $3,100 or higher.

FIGURE 1. CHART OF GOLD/SILVER RATIO. The historical average is at 65:1, well below the data on the chart. Any level above 87 signals a potential buying opportunity.

Note how the price of silver, namely its rallies highlighted in the shaded area below the chart, is responding to the ratio. I’m going to cover this in more detail below, as the ratio serves not only as guidance but also as an important component for an entry setup.

So, if analysts are targeting $3,100, where is gold now, and what setup might it present? Take a look at a daily chart.

FIGURE 2. DAILY CHART OF GOLD. Gold is pulling back, an ideal setup for those who are bullish on the yellow metal.

Gold has pulled back from its all-time high of $3,056, coinciding with an overbought reading in the Relative Strength Index (RSI). The Quadrant Lines give you a wide range of support levels for entry.

  • The second quadrant, containing the previous swing high at $2,960, may see some bulls jumping in.
  • Below that, the third and fourth quadrants coincide with the two previous swing lows near $2,890 and $2,840.

Staying within and bouncing from these quadrants could signal continued strength in the current swing. Below that level would indicate the end of the current uptrend, and whether the price reverses or falls into a range, you will likely find plenty of support at the two areas highlighted in magenta.

Next, take a look at a daily chart of silver.

FIGURE 3. DAILY CHART OF SILVER. According to the gold/silver ratio, silver may be poised for another leg up.

Take a look at the green circles highlighting where the gold/silver ratio exceeded 89. These are relatively high levels, considering that the average ratio reading is between 65 to 75 depending on the historical average you’re measuring. As soon as the ratio falls below that level, silver tends to rally. You see this twice in January, plus once in February and March; now that the ratio has risen above this level once again, will silver rally in response? That’s the big question, and one you should keep focused on.

The $40–$50 target range that many analysts are eyeing is still a distance away. The RSI, holding above the 50 line, suggests there’s room for more upside before hitting overbought territory.

If you’re bullish on silver, hoping for it to reach the projected levels above $40 and toward $50, here’s what you should focus on:

  • Silver would need to break above resistance levels at $34.25, the most recent swing high, and $34.75, which would see the grey metal enter its 12-year high territory, paving the way to $40 and above.
  • If silver pulls back, it should stay above (ideally) $32.75 and $31.75.
  • A close below $31.75, even if it finds support at the next swing low at $30.75, would signal weakness and likely invalidate the current uptrend.

What does this mean for investors using ETFs like SLV and GLD?

As a stock investor, you’re likely not seeking exposure to precious metals in the futures or spot market. The most commonly traded metals-backed options are the following ETFs:

  • SPDR Gold Shares (GLD), which you could learn more about in the StockCharts’ Symbol Summary; and
  • iShares Silver Trust (SLV), whose info is also available in the Symbol Summary.

The prices will differ as ETFs are structured differently. With that said, what do these price moves mean for the ETFs?

  • If gold climbs to $3,100 an ounce, GLD—designed to track 1/10th of an ounce—could be trading in the $310 to $330 range.
  • If silver makes a run at $50, SLV could surge right alongside it, potentially hitting $50 per share.

If you’re looking to ride the metals rally without holding physical bullion, these ETFs offer a direct and highly liquid way to gain exposure. And if silver’s historical catch-up to gold kicks in, SLV could potentially deliver the bigger upside.

At the Close

Gold and silver are both showing signs of strength, backed by macroeconomic pressure, historical ratios (at least for silver), and the overall technical context. Silver could be setting up for a catch-up move that might outperform gold in percentage terms. So, stay nimble, watch your levels, and remember that when silver moves, it often moves fast.

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

Crypto Market Recap: GameStop Bets on Bitcoin, USDC Launches in Japan

Here’s a quick recap of the crypto landscape for Wednesday (March 26) as of 9:00 p.m. UTC.

Bitcoin and Ethereum price update

Bitcoin (BTC) is currently trading at US$86,622.95, a 1.7 percent decrease over the past 24 hours. The day’s trading range has seen a low of US$85,862.55 and a high of US$87,812.64.

The crypto market is under pressure following an executive order from US President Donald Trump to issue “secondary tariffs” of 25 percent on countries that purchase oil from Venezuela.

Bitcoin performance, March 26, 2025.

Chart via TradingView.

Ethereum (ETH) is priced at US$2,002.36, a 3.6 percent decrease over 24 hours. The cryptocurrency reached an intraday low of US$1.985.69 and a high of US$2,058.49.

Altcoin price update

  • Solana (SOL) is currently valued at US$137.76, down 5.2 percent over the past 24 hours. SOL experienced a low of US$136.39 and a high of US$144.21 on Wednesday.
  • XRP is trading at US$2.38, reflecting a 3.3 percent decrease over the past 24 hours. The cryptocurrency recorded an intraday low of US$2.36 and a high of US$2.45.
  • Sui (SUI) is priced at US$2.58, showing a 4.6 percent increase over the past 24 hours. It achieved a daily low of US$2.52 and a high of US$2.64.
  • Cardano (ADA) is trading at US$0.7285, reflecting a 2.7 percent decrease over the past 24 hours. Its lowest price on Wednesday was US$0.722, with a high of US$0.7632.

Crypto news to know

GameStop’s Bitcoin bet sparks meme stock rally

GameStop (NYSE:GME) shares surged close to 20 percent on Wednesday after the company announced plans to add Bitcoin to its treasury reserve assets, mirroring Michael Saylor’s Strategy (NASDAQ:MSTR). The move comes as GameStop struggles with declining brick-and-mortar sales, having pivoted toward e-commerce under CEO Ryan Cohen.

Speculation around the retailer’s crypto ambitions grew after Cohen was seen with Saylor on social media last month. Analysts warn that GameStop’s exposure to Bitcoin could introduce more volatility to its stock.

The company, however, has been aggressive in cutting costs, doubling its fourth quarter net income to US$131.3 million despite a 30 percent revenue drop.

Microsoft declines after data center news

Shares of crypto miners and Microsoft (NASDAQ:MSFT) closed down after TD Cowen alleged that the tech conglomerate has abandoned plans for new data centers in the US and Europe.

Share prices for Bitcoin miners, including Bitfarms (NASDAQ:BITF), CleanSpark (NASDAQ:CLSK), Core Scientific (NASDAQ:CORZ), Hut 8 (NASDAQ:HUT) and Riot Platforms (NASDAQ:RIOT), dropped between 4 and 12 percent. Microsoft closed down 1.31 percent, while daily losses for the miners fell between 7 and 12 percent.

According to Bloomberg, Google (NASDAQ:GOOGL) and Meta Platforms (NASDAQ:META) have picked up some of the leases Microsoft has allegedly canceled or deferred over the last six months, although neither company has confirmed. In a statement from Microsoft obtained by the publication, the company said “significant investments” have left it “well positioned to meet (its) current and increasing customer demand.”

“While we may strategically pace or adjust our infrastructure in some areas, we will continue to grow strongly in all regions,” the spokesperson said. “This allows us to invest and allocate resources to growth areas for our future.”

Ethereum’s Pectra upgrade launches on testnet

Ethereum’s Pectra upgrade launched on the Hoodi testnet on Wednesday after a series of technical issues delayed the mainnet launch, which was originally slated for sometime in March.

If the launch is successful, Pectra could hit the mainnet by April 25. The Pectra upgrade aims to improve Ethereum’s scalability, staking efficiency and developer capabilities.

USDC launches in Japan

Circle launched its stablecoin, USDC, in Japan on Wednesday. The launch was made possible through a strategic partnership with SBI Holdings (TSE:8473), a Japanese financial firm.

The launch comes after Circle and SBI received regulatory approval from Japan’s Financial Services Agency (FSA) earlier this month. The FSA’s green light paved the way for the companies to introduce USDC to the Japanese market, marking a significant step in the adoption of stablecoins in the country.

Following the regulatory approval, a launch date was announced on Monday (March 24).

At the time of this writing, USDC’s market capitalization was US$60.15 billion.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com