Category Archive: Finance, No picture
Buy Gold Breakout, Dump Bitcoin Now
Image Source: UnsplashGold is breaking out and at the start of a new secular move. This implies the stock market and the Nasdaq, which Bitcoin follows, will be in a secular bear market soon.Bitcoin is a technology play, not a currency one. It has been highly correlated to the stock market.Video Length: 00:09:52More By This Author:Key […]
Metals Report For Thursday, November 30
Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:10:33More By This Author:SPDR ETF Report For Wednesday, November 29Financial Markets Report For Wednesday, November 29Metals Report For Wednesday, November 29
ImmunoGen Stock Nearly Doubled On Thursday: What Happened?
AbbVie says it will buy ImmunoGen for $10.1 billion in cash. Two analysts share their respective views on the announcements. ImmunoGen stock is now up over 500% versus the start of 2023. Shares of ImmunoGen Inc (IMGN) close to doubled this morning after AbbVie Inc (ABBV) said it will buy the cancer therapies company for […]
Deeper OPEC+ Supply Cuts
Image Source: UnsplashWhat was agreed?After delaying their meeting due to a disagreement over 2024 production quotas for a handful of African members, OPEC+ finally met yesterday to discuss output policy for next year. Instead of seeing further cuts distributed amongst the whole group, it was left up to individual members to decide whether they would make […]
Current Analysis: Blue Owl Capital
Image Source: UnsplashBlue Owl Capital Corp (OBDC) is a specialty finance company and business development company (BDC) focused on providing direct lending solutions to U.S. middle-market companies.The company seeks to generate current income and, to a lesser extent, capital appreciation, by targeting investment opportunities with favorable risk-adjusted returns, including senior secured, subordinated, or mezzanine loans and […]
Global Indices – Elliott Wave Analysis
Image Source: Unsplash Stock Market Report S&P 500 – NASDAQ 100 – RUSSELL 2000 – DAX 40 – FTSE 100 – ASX 200. Elliott Wave AnalysisSummary: SP500 & Nasdaq 100 Wave 4 completed, looking at the first impulse wave to the upside developing. The pullback from this impulse wave the abc is the long trade setup […]
This $221.9-Trillion Ticking Time Bomb Could Trigger A Financial Crisis
Why the Odds of a Financial Crisis Are IncreasingThe mainstream media has been busy talking about a soft economic landing, but the odds of a financial crisis remain high. One could argue that they’re even increasing.If a financial crisis follows, be ready to see wild fluctuations in the financial markets and significant wealth destruction.Why could […]
These 3 Dividend Stocks Are Undervalued Using This Key Valuation Metric
Image Source: Unsplash Book value is an important accounting measure which calculates the net value of a company’s assets minus the net value of its liabilities. Assessing a company’s book value allows investors to screen for stocks that are trading below book value, which indicates an undervalued stock.These 3 undervalued stocks have stock prices trading below […]
Updates For Autodesk, Zscaler, And Workday
Image Source: Unsplash Q3 reports are slowing down to a trickle, but there are still a few more followed stocks reporting. In this article, we’ll take a brief look at earnings from Autodesk, Zscaler, and Workday. Autodesk (ADSK) Autodesk is a steady, reliable performer, and that was again the case for the third quarter of 2023. […]
Snap Stock Price Forecast: Jefferies Sees Another 23% Upside
Image Source: Unsplash Snap Inc (NYSE: SNAP) has rallied over 50% since late September but a Jefferies analyst continues to still see meaningful upside in the social media stock. Snap stock has upside to $16 On Thursday, James Heaney upgraded the company behind the popular camera app to “buy” and said its shares could climb further […]
