Category Archive: Finance, No picture
Investors Shift Time Horizon To More Distant Future
The S&P 500 (Index: SPX) didn’t change much during the first full trading week of December 2023. The index closed the week at 4604.37, up 0.2% from where it closed out the previous week.But the dividend futures-based model indicates investors pushed out their time horizon by a quarter toward the more distant future quarter of 2024-Q2. The change comes […]
Bearish Reversal In Gold & Nasty Reversal In Silver
Image Source: Unsplash We thought Gold was on its way after convincing weekly and monthly closes, but it put in a bearish reversal at $2100. Silver put in a nasty reversal at $26.We discuss the short-term outlook and note that $2100 and $26 are the gateways to new bull markets.Video Length: 00:06:41More By This Author:Rick Rule: […]
Elliott Wave Technical Analysis Day Chart: British Pound/Australian Dollar – Monday, Dec. 11
Image Source: Unsplash GBPAUD Elliott Wave Analysis Trading Lounge Day Chart, 11 December 2023British Pound/Australian Dollar(GBPAUD) Day ChartGBPAUD Elliott Wave Technical AnalysisFunction: TrendMode: corrective Structure: C of 2Position: red wave 1Direction Next Lower Degrees: Black wave 3Details: blue wave C of 2 is in play. Wave Cancel invalid level: 1.99747The “GBPAUD Elliott Wave Analysis Trading Lounge […]
Slate Money Travel: Hotels That Don’t Rip You Off
Audio Length: 00:52:46 This week, Pavia Rosati, founder of travel platform Fathom, chats with Felix Salmon and the hotel industry in the post-COVD era. They discuss why prices are so unpredictable, those exorbitant fees for coffee and yoga classes, and how the industry is recovering from a historic crash. More By This Author:Slate Money Travel: Maybe We Should WalkThe […]
Economic Data Forecasts For The Weeks Of December 11 And 18
Here are my forecasts for upcoming economic data. Forecast Prior Observation Consensus Week of December 11 December 12 NFIB Small Business Optimism Index -November 90.7 90.7 Consumer Price Index - November 0.0% […]
Qualcomm Vs Qorvo Stock: Morgan Stanley Analyst Picks A Side
November was a strong month for both Qorvo Inc (QRVO) and Qualcomm Inc (QCOM) but a Morgan Stanley analyst recommends owning only one of them. Qorvo stock has another 32% upsideJoseph Moore upgraded Qorvo this week to overweight and raised his price target to $134 which suggests about a 32% upside from here.The Morgan Stanley analyst […]
Sweden ETF (EWD) Hits New 52-Week High
For investors seeking momentum, iShares MSCI Sweden ETF (EWD) is probably on the radar. The fund just hit a 52-week high and moved up 22.09% from its 52-week low price of $30.68/share.But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on it to get a […]
7 Largest Cannabis (Marijuana) MSOs Were Up 10% This Week
Image Source: Unsplash Below are the performances of the 7 constituents in the munKNEE American Cannabis MSOs Index, in descending order, based on their performances this week, and any recent news about them. American Cannabis MSOs Index Curaleaf Holdings (CURLF): up 21.8% Read: Curaleaf Announces Reorganization of its U.S. Operations in Connection with TSX Listing Ayr Wellness (AYRWF): up 19.9% Read: AYR Wellness […]
3 Top Canadian Healthcare Stocks For December 2023 And Beyond
As the population grows older in Canada and worldwide, Canadian healthcare companies will be relied upon to supply medications and products to Canadians and customers worldwide.So, how can Canadian investors take advantage of an aging population, a rising population, new medicine, medical devices, and medical technology making our lives easier? Well, you can invest in the […]
Market Sell-Off: Navigating Turmoil With Resilience
Intro:In the fickle world of finance, market volatility is as sure as the rising sun. Periods of growth are punctuated by market sell-offs, sending panic waves through investors worldwide. But these periods of turbulence can also be opportunities for strategic resilience and change.During a market sell-off, rapid and widespread selling of securities leads to a […]
