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Bull Of The Day: LaZBoy

Bull Of The Day: LaZBoy

La-Z-Boy (LZB) is a Zack Rank #1 (Strong Buy) that is one of the world’s leading residential furniture producers, marketing furniture for every room of the home.The La-Z-Boy brand is a household name synonymous with comfort and quality, which has recently reported its Q4 results. The quarter highlighted its resilient performance and strategic outlook despite a […]
Sensex Today Rallies 621 Points; Nifty Tops 23,850 Mark

Sensex Today Rallies 621 Points; Nifty Tops 23,850 Mark

After opening the day on a positive note, Indian share markets continued the momentum as the session progressed and ended on firm footing.Amid sustained buying in heavyweights, Nifty today scaled a fresh all-time high of 23,785 while Sensex also scaled a peak of 78,339.At the closing bell, the BSE Sensex stood higher by 621 points (up 0.8%).Meanwhile, […]
Yen Tumbles To 1986 Lows After Japanese ‘Currency Chief’ Comments; Gold, Oil, & Bonds Dump

Yen Tumbles To 1986 Lows After Japanese ‘Currency Chief’ Comments; Gold, Oil, & Bonds Dump

The market is testing Japanese officials… and so far it’s winning…Reaffirming its constant stance of jawboning over actual intervention, Vice Finance Minister Masato Kanda said late Wednesday that the government is watching the yen with a high level of urgency as he described the currency’s latest moves as “rapid” and “one sided.” “I have serious concern about the recent […]
NVDA Vs Bouncing For Real

NVDA Vs Bouncing For Real

S&P 500 wasn‘t driven just by NVDA – while limited to tech and communications, the set of advancing key stocks was much broader. Very fine 2y auction paved the way for that – 4.70% yield vs. 4.92% prior, that‘s quite a vote of confidence even if the 500-strong index still lacks breadth.My SPY correction target announced in […]
High Dividend 50: Southside Bancshares Inc.

High Dividend 50: Southside Bancshares Inc.

Image Source: Pexels  High-yield stocks pay out dividends that are significantly more than market average dividends. For example, the S&P 500’s current dividend yield is only ~1.2%.High-yield stocks can be very helpful to shore up income after retirement. For example, a $120,000 investment in stocks with an average dividend yield of 5% creates an average of $500 […]
USD/JPY Analysis: No New Ground Gained

USD/JPY Analysis: No New Ground Gained

The Japanese yen has settled back to around 159.93 against the US dollar after threatening to breach a key psychological level of 160. This had previously prompted Japanese authorities to intervene in forex markets. Commenting on the exchange rate’s performance, Masato Kanda, a top currency diplomat, said that Japan is ready to act against volatile […]
“Gensler will cause Biden to lose the election,” says Ripple Labs CEO

“Gensler will cause Biden to lose the election,” says Ripple Labs CEO

Brad Garlinghouse, CEO at Ripple Labs, took to X yesterday to say that Gary Gensler’s stance towards crypto “will cause Biden to lose the election.” Garlinghouse joins Mark Cuban, who recently made the same statement.The post by Ripple Labs’ CEO answers Gensler’s remarks during the Bloomberg Invest Summit about the “leading lights” in crypto from […]
EUR/USD In Sharp Focus As French Election Looms

EUR/USD In Sharp Focus As French Election Looms

Image Source: Pixabay  The euro remained under pressure ahead of the French snap election and following more signs of weakness for German’s economy. In response, the US dollar strengthened further, leading to a fresh multi-decade high for USD/JPY above April’s peak. The EUR/USD fell below 1.07 handle to test an important support zone between 1.0650-1.0680 area. […]
Elliott Wave Technical Analysis: The Home Depot

Elliott Wave Technical Analysis: The Home Depot

Image Source: Unsplash  HD Elliott Wave Analysis Trading Lounge Daily Chart,The Home Depot, (HD) Daily ChartHD Elliott Wave Technical AnalysisFUNCTION: Counter TrendMODE: CorrectiveSTRUCTURE: ZigZagPOSITION: Minor 3.DIRECTION: Acceleration in wave 3.DETAILS: It looks like we have completed a clear three wave move in Minor wave 2, which suggests we could be ready to resume the downtrend of the higher degree wave (C).HD […]
Goldman Sachs Group Inc: Chart Analysis

Goldman Sachs Group Inc: Chart Analysis

Image Source: Unsplash  Technical analysis on the stock chart for GS.Audio Length: 00:02:24More By This Author:Portfolio Diversification Is The Only Free Lunch You’ll Ever Get Meta Platforms Inc. Chart Analysis Low Market Volatility Can Be Dangerous