Category Archive: Finance, No picture
Morgan Stanley’s 2024 Forecast: A Gateway To Global Investment Opportunities
In a dynamic financial landscape, Morgan Stanley’s 2024 forecast emerges as a guiding star for investors seeking growth, diversification, and resilience in their portfolios. Embracing New Market FrontiersJapanese Stocks: A Rising Sun in Global MarketsJapan’s stock market, specifically the TOPIX index, is poised for a 13% rise in 2024, outshining its Western counterparts. This optimism […]
IRobot Stock Just Tanked 20%: Explore Why
Image Source: Unsplash European Commission says Amazon-iRobot deal could harm competition. Amazon confirms it will work with EC to address its raised concerns. iRobot stock is now down about 30% versus its year-to-date high. iRobot Corporation (IRBT) tanked nearly 20% on Monday after the European Commission said its deal with Amazon.com Inc (AMZN) raises competition concerns. […]
Extreme Hype Required To Get Attention: Climate, Politics, And $10 Million Bitcoin
Image Source: UnsplashA target of $1 million for Bitcoin is so passee. The new target is $10 million. To get anyone’s attention, the targets need to be bigger and bigger. But beware of the prediction trap!Prediction InflationA few days ago I saw a Tweet proposing Bitcoin would hit $10 million.I also saw Tweets that we need […]
Buyers Beware. Bearish Read On Volatility Should Make You Nervous
Image Source: Unsplash It’s been a great run over the past few weeks. However, the indications from the volatility markets are signaling a 5-10% correction in the coming weeks. This places a historically bullish period in the sights of market bears as we head into the end of year. (GOLD, NEM, CLF, STLD, AAL, SAVE, DAL, […]
A Look At Retail ETFs Post Q3 Earnings
Image Source: Unsplash The overall Q3 earnings picture for the retail sector has been good so far. Total earnings from 80.9% of the sector’s total market capitalization reported so far are up 38.5% on 8.3% higher revenues, with 87% beating EPS estimates and 78.3% beating revenue estimates. This is a notably better performance relative to other recent periods, […]
AUD/USD Rises Above 200-DMA On Overall USD Weakness, Ahead Of Australia’s CPI
Image Source: Unsplash The AUD/USD prolongs its gains to three straight days and pierces the 200-day moving average (DMA) of 0.6583, up by 0.21%, after bouncing from daily lows witnessed at around 0.6567. A softer US Dollar (USD) due to falling US bond yields sponsored the Aussie Dollar (AUD) last month’s rally of more than 4%. At the time of […]
The Financial System Has Reached The End
Image Source: Unsplash The world is now witnessing the end of a currency and financial system that the Chinese already forecast in 1971 after Nixon closed the gold window.Again, remember von Mises words: “There is no means of avoiding the final collapse of a boom brought about by credit expansion.”History tells us that we have now […]
Halted Homebuilders
Image Source: Unsplash There is a multi-year trendline that has taken the ascent of homebuilders and brought it to a screeching halt for two weeks now. Here is the XHB: You can see the blue trendline here as a part of the wedge pattern. It seems to me it is very likely that this will ease back to close […]
How To Manage Risk With Spread Trading
Image Source: Unsplash As options traders, risk management is always top of mind. We look for trades with the right combination of price and time that fit our risk profile and allow a nice profit. Spread trading is one technique that can substantially mitigate risk and increase your chances of making money. Isn’t that the point […]
Softs Report – Monday, Nov. 27
Photo by Amber Martin on Unsplash COTTON General Comments: Cotton closed a little higher last week and near the highs of the week. The export sales report was positive for prices once again last week. The US Dollar has been weaker and economic data has been positive. The weekly export sales report was strong. There are still many […]
