Category Archive: Finance, No picture
OWL: This Just Became The Best BDC For Income
Image Source: Unsplash Business development companies (BDCs) operate under special rules that limit the amount of debt they can use, and they must pay out 90% of net investment income as dividends to investors. That makes them excellent investments for those looking for income.And the best one in the business IPOd just four years ago, and […]
Gold, Silver & Miners To Test Resistance
Image Source: Unsplash Gold closed at $1985 and faces important daily and weekly resistance at $2000. Silver traded up to $24.00 and faces resistance at $24.50 and $25.00. The miners (GDX & GDXJ) have a bit of upside before testing resistance at the 200-day moving average.Video Length: 00:07:53More By This Author:Mining Funds Puke Miners & Juniors […]
Microsoft Gains In Premarket After OpenAI’s Ex-CEO Joins To Lead New Research Team
Sam Altman joined Microsoft on Monday, days after getting unexpectedly ousted by OpenAI.Just days after being abruptly forced out by OpenAI’s board of directors, Sam Altman has joined Microsoft (MSFT). According to an announcement on Monday, Mr. Altman will lead a new advanced AI research team at the tech corporation and will be joined by OpenAI’s co-founder and former […]
GBP/USD Climbs Back Closer To Over Two-Month Top, Bulls Flirt With 100-day SMA Near 1.2500
The GBP/USD pair attracts some dip-buying following an early dip to the 1.2440 area on Monday and builds on its steady ascent through the early part of the European session. Spot prices climb back closer to the 1.2500 psychological mark, with bulls now awaiting a sustained move and acceptance above the 100-day Simple Moving Average […]
The S&P 500 Jumps As Positive Inflation News Takes Threat Of Near-Term Rate Hikes Off Table
The S&P 500 (Index: SPX) had one of its best weeks in 2023. The index rose nearly 2.2% to 4510.54. Since bottoming on 27 October 2023, the index has flirted with recording its fastest comeback ever after going into a correction, rising 9.5% in the weeks since.There is one and only one story behind the past week’s rise in […]
FX Daily: Bearish Unwind Into Thanksgiving
Image Source: Unsplash Most asset classes have performed well since last Tuesday’s US CPI release was soft enough to rule out any further Fed tightening. It is too early to say whether this is genuine buying of risk assets or more just short-covering ahead of Thursday’s US Thanksgiving public holiday. However, it does look like the dollar […]
Economic Data Forecasts For The Weeks Of November 20 & 27
Here are my forecasts for upcoming economic data Forecast Prior Observation Consensus Week of November 20 November 20 Leading Indicators -0.6% -0.7 -0.7 November 21 Chicago Fed National Activity Index – October 0.0 0.02 Existing Home […]
Palantir Technologies (PLTR) – A Strong Buy With Potential And Challenges
Palantir Technologies, Inc. (PLTR) presents a complex case for investment consideration. The company, known for its sophisticated data analytics platforms, operates in a market that’s rapidly evolving and increasingly competitive. Here’s a deeper dive into the various aspects of Palantir’s business and financials, backed by a strategic and analytical perspective.1. Product Diversification and Market Positioning: […]
Resilient Large Cap Israeli- Domiciled U.S. Exchange-Listed Stocks Up 16.5% Last Week
Photo by Taylor Brandon on UnsplashInitially the Israel-Hamas War adversely affected the stock performances of the 15 Israeli- domiciled companies with market capitalizations of $2B or more that are listed on U.S. stock exchanges (13 on Nasdaq; 2 on NYSE) but they have bounced back; in fact,on average they are slightly up (1.2%) since October 7th.Below are the stock […]
Elliott Wave Insights & Strategies – NDX, AAPL, TSLA, AMZN, NVDA, MSFT, META, NFLX, GOOGL
TradingLounge’s Stock Market Report: Analysis and trading strategies: NASDAQ, Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft MSFT, Meta Platforms (META), Netflix (NFLX), Alphabet (GOOGL). Stock Market Summary: Expecting further upside this week, as we are not at the end of this current trend. We are however in the later stages of the trend, so […]
