Category Archive: Finance, No picture
Global Airlines Set For Record Revenue Boosted By China’s Reopening Tailwind
Image Source: UnsplashThe International Air Transport Association released new profitability forecasts for global airlines, indicating that despite high interest rates slowing down developed and emerging market economies, carriers are projected to achieve record revenues this year and in 2024. The net profits of the airline industry are forecasted to hit $25.7 billion in 2024, equating to a net profit […]
AUD/USD Forex Signal: Bearish Pattern Points To More Downside Ahead Of NFP
Image Source: UnsplashBearish view Sell the AUD/USD pair and set a take-profit at 0.6510. Add a stop-loss at 0.6650. Timeline: 1-2 days. Bullish view Buy the AUD/USD pair and add a take-profit at 0.6650. Add a stop-loss at 0.6510. The Australian dollar continued its recent sell-off as traders continued to reflect on this week’s RBA decision and GDP numbers. The […]
New Mexico Sues Meta, Mark Zuckerberg Over Child Exploitation Following Investigation
Image Source: UnsplashThe state of New Mexico has sued social media giant Meta (META) and its CEO Mark Zuckerberg for “knowingly” exposing children to ‘sexual exploitation and mental health harm.’In a Tuesday court filing, New Mexico’s Attorney General’s (NMAG) Office revealed that it had conducted an undercover investigation, creating fake accounts of minors which were then used to fish for […]
Apple Looking To Complete Impulsive Rally
Image Source: UnsplashCycle from 10.27.2023 low in Apple (AAPL) remains in progress as a 5 waves impulse Elliott Wave structure. Up from 10.27.2023 low, wave (1) ended at 181.9 and pullback in wave (2) ended at 169.33. The stock then rallies again in wave (3) towards 192.93. Pullback in wave (4) ended at 187.45 as a double […]
This 2 Leg Pullback Could Be A Huge Payday
Image Source: UnsplashWoah, what a reversal today!!I always get excited after BIG MOVES like today because there are lots of ways to make money…My favorite is called a *2-Leg Pullback* and it could be our biggest win of the month!Emini and Nasdaq made HUGE reversals lower today, telling us to trade a 2-leg pullback tomorrow morning…But […]
Get Out The Popcorn As NFP Enters The Purview
Image Source: UnsplashGet out the popcorn, it could be an entertaining 48 hours as traders jockey for postion into and eventually out of the granddaddy of all economic releases, US Non-Farm Payrolls.U.S. equities closed well off interday highs even as Treasury yields continued to decline. While surprising to some, it’s intuitive to others who are sounding […]
Could Arbor Realty Trust Slash Its 12.7% Dividend Yield?
Image Source: UnsplashDuring the global financial crisis 15 years ago, Arbor Realty Trust (ABR) eliminated its dividend.As far as the Safety Net model is concerned, though, the statute of limitations has expired. Safety Net considers companies’ dividend activity over the past 10 years only. Anything beyond that is ancient history.Arbor Realty began paying a dividend again in 2012 […]
Metals Report For Wednesday, December 6
Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:11:48More By This Author:SPDR ETF Report For Tuesday, December 5Financial Markets Report For Tuesday, December 5Metals Report For Tuesday, December 5
Top Apparel Stocks Hitting 52-Week Highs In December
Image Source: UnsplashThe holiday shopping season is a focal point for retailers and apparel companies with the last few months being very kind to Abercrombie & Fitch (ANF) and Addidas’ (ADDYY) stock.With Christmas approaching, Abercrombie and Adidas shares may be early to what is hopefully an end-of-the-year and infamous Santa Clause rally. Hitting their 52-week highs this week […]
Stock Market Topping: SP500, NASDAQ, DAX 40, FTSE 100, ASX200. Elliott Wave
Image Source: UnsplashUS Indices Wave 2 retracement in progress and we will look to buy the low of wave 2 in due course. The SP500, Nasdaq 100, Russell 200 and the DAX 40 have this pattern. The FTSE 100 and the ASX 200 have different patterns, however these markets will follow the same intraday moments as […]
