Ernest HoffmanErnest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP News in Montreal, Canada, where he developed the fastest web-based audio news service in the world and produced economic news videos in partnership with MSN and the TMX. He has a Bachelor's degree Specialization in ...

Core Insights - The article does not provide specific insights or data regarding companies or industries, focusing instead on the author's background and disclaimers [2][3]. Group 1 - The author, Ernest Hoffman, has over 15 years of experience in market news and has established a significant presence in the field [2]. - Hoffman began his career in market news in 2007, creating a fast web-based audio news service and producing economic news videos [2].

Company Performance - StoneX (NASDAQ: SNEX) continues to deliver consistent ROEs at or above their stated target of around 15% [1] - The stock has appreciated since the last article [1] Investment Philosophy - The investor focuses on emerging markets and seeks low-risk, high-uncertainty bets [1] - The investor adopts an owner-mindset and largely ignores macro-environment noise [1] - The investor is influenced by the work of Henry Hazlitt, Friedrich Hayek, and Ludwig Von Mises in economic thinking [1] Educational Background - The investor graduated from NYU Stern with a Bachelors in Business and a Concentration in Finance [1]

Group 1 - StoneX Group Inc. (SNEX) has experienced significant selling pressure, resulting in an 11% decline in stock price over the past four weeks, but analysts anticipate better earnings than previously predicted [1] - The stock is currently in oversold territory, indicated by a Relative Strength Index (RSI) reading of 26.74, suggesting a potential trend reversal is imminent [4] - Over the last 30 days, the consensus EPS estimate for SNEX has increased by 7.9%, indicating a positive shift in earnings expectations among sell-side analysts [5] Group 2 - The upward trend in earnings estimate revisions typically correlates with price appreciation in the near term, supporting the case for a potential rebound in SNEX's stock price [5] - SNEX holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate trends and EPS surprises, further indicating a strong potential for turnaround [5]

Core Points - The article does not provide any specific insights or data related to companies or industries, focusing instead on the author's background and disclaimers [2][3]. Summary by Sections - **Author Background**: The author, Ernest Hoffman, has over 15 years of experience in market news and has established a significant presence in the field, particularly in audio news services [2]. - **Disclaimer**: The article includes a disclaimer stating that the views expressed may not reflect those of Kitco Metals Inc., and emphasizes that the information is for informational purposes only [3].

LONDON, Dec. 04, 2024 (GLOBE NEWSWIRE) -- StoneX Financial Limited (“StoneX Financial”) has entered a commercial clearing partnership with Paris-based agricultural commodity broker Plantureux & Associés SAS. This collaboration reflects a shared commitment to fostering connections within the industry, strengthening StoneX’s position in the European agricultural sector. Brett Phillpott, Head of Exchange Traded Futures and Options at StoneX Financial, said “We are delighted to announce our new association with ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

LONDON, Dec. 04, 2024 (GLOBE NEWSWIRE) -- StoneX Digital International Limited, a subsidiary of StoneX Group Inc. (NASDAQ: SNEX), today has been approved by the Central Bank of Ireland, as a Virtual Asset Service Provider (“VASP”) to operate a digital asset business. The approval marks the latest step in the StoneX Group’s continued global expansion into digital asset services for institutional clients. The StoneX Digital platform will provide execution and custody services, offering deep liquidity and flex ...

Have you been paying attention to shares of StoneX Group Inc. (SNEX) ? Shares have been on the move with the stock up 16.3% over the past month. The stock hit a new 52-week high of $105.58 in the previous session. StoneX Group Inc. has gained 41.6% since the start of the year compared to the 27% move for the Zacks Finance sector and the 23.5% return for the Zacks Financial - Miscellaneous Services industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it h ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.Our " ...