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Golden Heaven Group Holdings Ltd – Another Gamestop?

Golden Heaven Group Holdings Ltd – Another Gamestop?

Golden Heaven Group Holdings Ltd. (GDHG) is a Cayman Islands holding company that operates amusement parks, water parks, and complementary recreational facilities in China. The company was founded in 2020 and went public on the NASDAQ exchange in April 2023.The company’s head office is also in the city of Nanping, which, according to GDHG, is […]
Conservative “Cannabis” Stocks Rallied 6%, On Average, Last Week

Conservative “Cannabis” Stocks Rallied 6%, On Average, Last Week

The 6 tobacco, beer and distiller/vintner companies with major investments in the cannabis sector, constituents in the  munKNEE Conservative “Cannabis” Stocks Index, are ranked below in descending order as to their performances last week and YTD along with their latest news. Conservative “Cannabis” Stocks Index Anheuser-Busch InBev (BUD): UP 11.5% last week; DOWN 2.7% YTD has a $100 million […]
Chart Of The Day: Stride – Big Breakout!

Chart Of The Day: Stride – Big Breakout!

The Chart of the Day belongs to the technology-based education and training company Stride (LRN).  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 for […]
Elliott Wave Technical Analysis: DOGEUSD: Monday, November 6

Elliott Wave Technical Analysis: DOGEUSD: Monday, November 6

Elliott Wave Analysis TradingLounge Daily Chart,  6 November 23, Dogecoin / U.S. dollar(DOGEUSD) DOGEUSD Elliott Wave Technical Analysis Function: Follow trend    Mode: Motive Structure: Impulse Position: Wave (1) Direction Next higher Degrees: wave I of Impulse Wave Cancel invalid Level: 0.575 Details: the Corrective of wave ((VI))  maybe complete and five-wave rise will support ideaDogecoin […]
Peak In 10-Year Treasury Yield Likely Leads To Sustained Covering By Zealous Shorts

Peak In 10-Year Treasury Yield Likely Leads To Sustained Covering By Zealous Shorts

It is probable the 10-year T-yield has peaked at five percent. In this scenario, a sustained move lower will put shorts, who were heavily betting on higher rates, under pressure to cover. Two weeks ago, the 10-year treasury yield met with strong resistance at five percent – or just under. For three consecutive sessions in […]
PayPal Stock Price Forecast: Outlook As It Moves From Growth To Value 
                    
 

PayPal Stock Price Forecast: Outlook As It Moves From Growth To Value  

PayPal (PYPL) stock price has staged a strong comeback after it published a strong earnings report last week.Pexels The shares surged to a high of $56.25 on Monday, about 12.12% from the lowest point this year. Despite the recent jump, the shares have dropped by more than 80% from the all-time high.Unloved and undervaluedPayPal and other […]
World Central Banks Are Wimping Out

World Central Banks Are Wimping Out

The Fed’s decision this week to hold the Federal Funds short-term interest rate at the 5.25%-5.50% range mirrored recent actions in other central banks worldwide. That is a pity; inflation is by no means conquered yet and real interest rates are well below their levels of the United States in 1969.FreepikAs predicted in this column […]
Miners Soared – Here’s Why And What’s Next

Miners Soared – Here’s Why And What’s Next

You saw how miners soared on Friday – everyone did. But do you know why it happened? This time, it’s actually quite clear…It’s usually difficult to say what made the market move in a certain way. “Because there were more buyers than sellers” or vice-versa is the best reply, but it’s not very informative. This […]
Color Me Dumbstruck By Xerxes

Color Me Dumbstruck By Xerxes

I hope this post isn’t too depressing. I am using it almost like my trading journal as I think you may get something out of my lessons the market is teaching me this week (even if all you get is some schadenfreude).FreepikAs I’ve said in the past many times, I don’t know for certain what […]
Market Signals For The S&P 500 And Indian Nifty Index – Monday, Nov. 6

Market Signals For The S&P 500 And Indian Nifty Index – Monday, Nov. 6

Freepik   Asset Class Weekly Level / Change Implication for S & P 500 Implication for Nifty* S & P 500 4358, 5.85% Bullish Bullish Nifty 19231, 0.96% Neutral ** Bullish China Shanghai Index 3031, 0.43% Neutral Neutral Gold 1999, 0.04% Neutral Neutral WTIC Crude 80.51, -5.88% Bearish Bearish Copper 3.68, 0.97% Bullish Bullish CRB […]