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These 3 Stocks Enjoyed A Red-Hot December

These 3 Stocks Enjoyed A Red-Hot December

Image Source: UnsplashStocks are looking to end 2023 on a high note, with green widespread over the last several weeks. The recent strength is undoubtedly encouraging, leaving investors hopeful that the positive price action will spill over as we turn the calendar.Throughout December, many stocks have stolen the show, including Coinbase (COIN), Affirm Holdings (AFRM), and […]
America Airlines Buyers At The Blue Box

America Airlines Buyers At The Blue Box

Image Source: UnsplashShort Term Elliott Wave View in America Airlines (AAL) suggests a rally from 10.31.2023 low is in progress as a 5 waves impulse structure. Up from 10.31.2023 low, wave 1 ended at 12.77, and pullback in wave 2 ended at 11.95. The stock then resumed higher in wave 3. Up from wave 2, wave […]
Gold Price Forecast: XAU/USD Rises Toward $2,100 On Dovish Fed Outlook

Gold Price Forecast: XAU/USD Rises Toward $2,100 On Dovish Fed Outlook

Image Source: Pixabay Gold price gains ground as the US Dollar continuously depreciates. The Middle East conflict contributes to strengthening the demand for the yellow metal. China NDRC’s Chairman Zheng Shanjie said to implement policy measures to recover the economy. CME Fedwatch tool indicated that markets price in around 88% probability of a rate cut in March. […]
The Worst ‘Candyflation’ Is Yet To Come As Cocoa Prices Near Record

The Worst ‘Candyflation’ Is Yet To Come As Cocoa Prices Near Record

Photo by Tetiana Bykovets on UnsplashCocoa prices Wednesday hit $4,285 per ton in New York, the highest level since 1978, as the outlook of poor crop harvests across West Africa has been a major bullish factor pushing prices higher this year. There is also an increasing risk that El Nino-induced weather disturbances could cause the global cocoa market […]
Metals Report For Wednesday, December 27

Metals Report For Wednesday, December 27

Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:10:18More By This Author:SPDR ETF Report For Tuesday, December 26Financial Markets Report For Tuesday, December 26Metals Report For Tuesday, December 26
Current Analysis: ENGIE Brasil Energia SA

Current Analysis: ENGIE Brasil Energia SA

Image Source: PexelsENGIE Brasil Energia SA (EGIEY) develops, operates, and commercializes electric energy power plants in Brazil.The company is engaged in five segments (1) Transmission, (2) Trading, (3) Gas Transportation, (4) Centralized Generation and  (5) Distributed Solar Generation. A majority of company revenue is generated by the company’s Generation segment.The company was founded in 2005 and […]
Asia Open Insights: Navigating Languid Markets That Still Break Fresh Higher Ground

Asia Open Insights: Navigating Languid Markets That Still Break Fresh Higher Ground

Image Source: PixabayMARKETSIn a session marked by signs of year-end investor fatigue, U.S. stocks managed to eke out slight gains on Wednesday, with subdued trading and a lack of significant market-moving news. The S&P 500 ended 0.3% below its record closing high of 4,796.56 on Jan. 3, 2022. The Dow notched a new record closing high.The […]
What Makes A Bear Turn Bull?

What Makes A Bear Turn Bull?

Image Source: PixabayStocks finished the day slightly higher and provided no clear evidence of what would happen from there. There is not much to say at this point other than that we are stuck, and it could be due to a few different factors, but not one specific factor. There may not be much resolution before […]
There Were Zero Takers For Offers To Pay For Oil In Indian Rupees

There Were Zero Takers For Offers To Pay For Oil In Indian Rupees

Photo by Timothy Newman on UnsplashHello BRICS fans, India provides a lesson for what will happen if the BRICS nations ever do launch a currency.The BRIC Concept Take four countries that have nothing in common (Brazil, Russia, India, and China) and assign a label to them, BRIC. Add an S making it BRICS so that South Africa can […]
Top Stock Picks For Week Of December 25, 2023

Top Stock Picks For Week Of December 25, 2023

Image Source: UnsplashMoneyLion Inc. (ML) is a data-driven, digital financial platform. It offers mobile banking and financial membership to take control of their finances. A solid price increase over a period of 12 weeks reflects investors’ continued willingness to pay more for the potential upside in a stock. ML is quite a good fit in this regard, gaining […]