Micron Technology: weakness ahead, but is it already in the price?

Micron’s earnings report last week seemed to confirm the market's fears. The bullwhip effect is reverberating right along the supply chain, and excess inventory isn’t just sitting in big box retail warehouses.

• BoC signals hikes to 3%: CADJPY upside ahead?

  • Skilling Writers Team
  • 2022-06-03
  • • Cryptocurrency
    • Trading

  The Bank of Canada came out fighting this Wednesday & Thursday. The central bank announced a 50bps rate hike, continued QT,and talked of being ‘prepared to act more forcefully if needed’ in the policy statement.

• Amazon stock split

  • Skilling Writers Team
  • 2022-06-01
  • • Stocks
    • Trading

  Ever wanted to own Amazon … but thought the share price was too high for your budget? Good news for you! On June 6, Amazon will become 20x cheaper because of the pre-announced corporate stock split!

• The Skilling NFP Preview

  • Skilling Writers Team
  • 2022-06-01
  • • News
    • NFPs

  Looking at two pieces of data, US wages growth and US inflation over a 60-year period, indicates that the money people earn normally stays ahead of inflation. Yes, house and car prices 60 years ago were 50x cheaper than today’s prices, but at the same time, wages have always adjusted… Just remember to ask your boss for that raise!

• GBP:The Great British... Peso?

  • Skilling Writers Team
  • 2022-05-31
  • • Forex
    • Trading

  The Great British Pound is coming under fire again. Not for the first time, mischievous strategists are suggesting that the British currency faces ‘emerging market’ issues (which is beautifully ironic for a country that boasts the fifth largest economy in the world).

• Stock of the week: Palantir

  • Skilling Writers Team
  • 2022-05-30
  • • Stocks
    • Trading

  For companies that don’t turn a profit, this investing environment has been ruthlessly unforgiving of late, and Palantir has been taken down with the rest.