Archives by Month:

Archives by Year:

November’s A Nifty Month For The Nikkei

November’s A Nifty Month For The Nikkei

Image source: Pixabay  The Nikkei has a very strong seasonal pattern towards the end of November. The reason for this pattern is due to some tax-loss selling behavior that repeats itself time and time again, resulting in gains in the Nikkei. Also around the time of the term of the month, the Nikkei seems quite a […]
Earnings Review: Bayer To Make Strategic Changes After Q3 Results

Earnings Review: Bayer To Make Strategic Changes After Q3 Results

The latest financial statements from Bayer Group (BAYRY) show a year-over-year decline in several key areas, painting a stark picture of the company’s fiscal health. The decrease in goodwill and total equity, along with a significant drop in net cash from operating activities, signals challenges that the conglomerate faces in a turbulent economic climate.Image courtesy […]
Bitcoin And Ethereum: Bitcoin Climbed Back Above $35000

Bitcoin And Ethereum: Bitcoin Climbed Back Above $35000

Bitcoin chart analysisThe price of Bitcoin rose to the $35891 level yesterday. Before that, we saw consolidation and testing of support at the $34,500 level. We got additional support in that zone in the EMA50 moving average.This was followed by a bullish impulse and a jump to yesterday’s high. From that level, the price begins […]
Silver Forecast: Markets Pull Back Into Support

Silver Forecast: Markets Pull Back Into Support

Silver faced a downturn during the trading session on Tuesday, edging towards the lower boundary of the broader consolidation range that the market has been ensconced within. Overall, the precious metals sector felt the brunt of the day’s events, primarily due to a notable strengthening of the US dollar. Furthermore, the uptick in American interest rates […]
Rates Spark: Supply Test Ahead

Rates Spark: Supply Test Ahead

As we hold above 4.5% for the US 10yr, the immediate issue is 10yr and 30yr auctions. Beyond that into next week, prepare for a big drop in US headline inflation. Then again, core inflation and inflation expectations remain sticky. Don’t expect a capitulation lower in long-dated yields just yet.Freepik US Treasuries holding in at above 4.5%. […]
Greenback Returns Better Bid

Greenback Returns Better Bid

Overview: After the making marginal new highs in early North America yesterday, the dollar pulled back, arguably dragged lower by the softness of US rates, helped by the sharp drop in oil prices and healthy reception to the US three-year note auction.FreepikHowever, the greenback has returned better bid today as the market continues to search for […]
Asian Stock: Mega Lifesciences

Asian Stock: Mega Lifesciences

TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: Mega Lifesciences Public Company LimitedBloomberg ticker: MEGA TBMarket cap: US$1,046mBackground: Mega Lifesciences Public Company Limited is a manufacturer and distributor of pharmaceuticals, nutritional supplements, and fast-moving consumer goods. It has a presence in 30+ countries and manufacturing […]
Down, Down, And Down Again. The Precious Metals Slide Re-Starts.

Down, Down, And Down Again. The Precious Metals Slide Re-Starts.

As the concern with geopolitics peaked, so did gold price. Silver and mining follow. Are you prepared for the likely outcome?In my yesterday’s analysis, I wrote the following about gold: Gold made a few attempts to move above the all-important $2,000 level and the rising resistance lines, and it failed all of them. The strong short-term […]
Chart Of The Day: Leonardo DRS – Mixed Opinions

Chart Of The Day: Leonardo DRS – Mixed Opinions

Image Source: Unsplash  The Chart of the Day belongs to the electronic defense company Leonardo DRS (DRS). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum, and having a Trend Seeker buy signal then used the Flipchart  feature to review the charts […]
Cloud Stocks: Alphabet Bets On AI

Cloud Stocks: Alphabet Bets On AI

Photo Credit: Photo Mix from Pixabay  Alphabet aka Google (Nasdaq: GOOG) recently reported its third quarter results that surpassed market expectations. Like Meta, Google is also benefiting from a rebound in digital advertising spend. Despite the growth, the market was not too pleased with the outlook that the company provided, sending its stock falling 7% in the extended […]