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FTSE Flat In An Uninspiring Session, Despite A Pop In House Prices

FTSE Flat In An Uninspiring Session, Despite A Pop In House Prices

Image Source: Pexels U.K. equities remained largely unchanged on Thursday, despite a closely monitored index of U.K. home prices turning positive for the first time in nearly two years, buoyed by expectations of further interest rate reductions by the Bank of England. The benchmark FTSE 100 index edged slightly lower -0.02% in a relatively subdued session.In […]
3 Mega-Cap Stocks For Long-Term Dividend Growth

3 Mega-Cap Stocks For Long-Term Dividend Growth

Mega-cap stocks are defined as stocks with market capitalizations above $200 billion. As a result, there are certain advantages to buying mega-caps, such as the relative safety that comes with investing in the world’s largest businesses.Mega-cap stocks tend to generate steady profits during recessions, and many pay dividends to shareholders.These 3 mega-cap stocks have growth […]
The battle for the true Moo Deng

The battle for the true Moo Deng

Key Takeaways Solana’s Moo Deng leads in market cap and trading volume. Ethereum’s Moo Deng gains traction with charity donations but lacks major exchange listings. Share this article In the world of meme coins, three distinct versions of the Moo Deng token, launched across the Solana, Sui, and Ethereum blockchains, are competing for dominance. Each […]
Fake Out Or Breakout? Stock Market (And Sentiment Results) 
                    
 
General Market
Cooper Standard
Now onto the shorter term view for the General Market:

Fake Out Or Breakout? Stock Market (And Sentiment Results)   General Market Cooper Standard Now onto the shorter term view for the General Market:

On Wednesday, I joined the great Stuart Varney on Fox Business to discuss Stock Market, Inflation, Fed, Liquidity, Outlook and more.  Thanks to Stuart, Christian Dagger and Preston Mizell for having me on:Here were my “show notes” ahead of the segment:On Tuesday, I joined the great Henry Yin on CNA Live Singapore to discuss Stock […]
AUD/JPY At Potential Reversal Zone

AUD/JPY At Potential Reversal Zone

If you’re trading the Aussie, it’s crucial to keep an eye on China. China has shown a strong recovery at the start of the month, but now Chinese shares seem to be facing near-term weakness as I’m seeing a retracement that should be structured by three waves on Hang Seng Index – HSI. Even if […]
Stocks Retreat As Rate Cut Future Weighs

Stocks Retreat As Rate Cut Future Weighs

Stocks are swimming in red ink today, as investors grapple with hotter-than-expected inflation data. September’s consumer price index (CPI) rise of 0.2% month-over-month topped the 0.1% estimates, while the year-over-year figure also came in slightly above expectations, albeit at its lowest level since February 2021. In response, the Dow Jones Industrial Average (DJI) and S&P 500 […]
Hungarian Inflation Reaches Target After 44 Months

Hungarian Inflation Reaches Target After 44 Months

Inflation fell in September, hitting the central bank’s target for the first time since early 2021. Price pressures eased in services, but picked up in food. Despite the seemingly benign picture, it is FX stability rather than inflation data that will drive monetary policy decisions. Negative monthly repricing helps achieve inflation targetAs expected, inflation in Hungary […]
Uniswap debuts Ethereum L2 Unichain, UNI token surges 13%

Uniswap debuts Ethereum L2 Unichain, UNI token surges 13%

Key Takeaways Uniswap Labs is building Unichain as the home for DeFi liquidity. Unichain will initially support Uniswap protocol versions V2 and V3. Share this article Uniswap’s native governance token, UNI, surged 13% to $8.13 after Uniswap Labs debuted Unichain, its new Ethereum layer 2 solution. UNI is now trading above $8, up approximately 12% […]
Sun Pharmaceuticals Elliott Wave Technical Analysis – Thursday, October 10

Sun Pharmaceuticals Elliott Wave Technical Analysis – Thursday, October 10

SUN PHARMACEUTICALS – SUNPHARMA (1D Chart) Elliott Wave Technical AnalysisFunction: Larger Degree Trend Higher (Intermediate Degree orange)Mode: MotiveStructure: ImpulsePosition: Minute Wave ((v)) NavyDetails: Minute Wave ((v)) of Minor Wave 3 Grey might be complete around 1950-75 range. Please note that 2000 mark is major resistance. Alternatively Minor Waves 3, 4 and 5 could be complete as marked, and […]
Solana And Cardano: New Lows And Targets For Thursday

Solana And Cardano: New Lows And Targets For Thursday

Solana chart analysisThis morning, Solana dropped to a new weekly low of $137.55. After that, the price finds support at that level and recovers to the $140.00 level. We need stronger momentum to continue this small, bullish consolidation. At $142.00, we will try to move above the EMA 50 moving average and get its support. […]