Current Analysis: KDDI
Nov 06, 2023
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashKDDI (KDDIY) is Japan’s second-largest wireless operator (31% market share), the largest pay-TV operator (53% market share), and the second-largest provider of fiber-to-the-home broadband (12% market share).It has grown through acquisition and is focusing on increasing the number of customers who subscribe to more than one telecommunication service.It is also looking to grow its […]
AUD/USD Uptrend Stalls Ahead Of The RBA’s Decision
Nov 06, 2023
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash AUD/USD sees a halt in its rally in anticipation of the RBA’s potential rate hike. Major Australian banks forecasting an increase from 4.10% to 4.35%. Inflationary pressures and strong retail sales figures bolster the case for further tightening by the RBA. RBA officials’ hawkish comments have primed markets for a rate adjustment, adding […]
How To Profit As LNG Production Doubles
Nov 06, 2023
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash I view liquefied natural gas (LNG) as the most critical energy source for the future. A recent report forecasts that LNG demand growth will continue to at least 2040 and double from current production levels. Several stocks let you participate in the attractive growth potential.VettiFi recently interviewed Stifel managing director Ben Nolan to discuss the […]
LUV Stock On Sale – How To Profit From This Incredible Buying Opportunity
Nov 06, 2023
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Technical analysis of the stock chart for LUV.Video Length: 00:02:34More By This Author:ENPH Got CrushedMeta Platforms: An Interesting OpportunityBill Ackman Exits His Short Position – Here Is Why
Block: Stock Is Set Up For A Large Move (Technical Analysis)
Nov 06, 2023
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash I found that Block, Inc. (NYSE: SQ) has a good technical set-up for the stock which is supported by a positive earnings report, higher guidance, an attractive valuation, and strong expected long-term growth.The positive Q3 2023 results are a likely catalyst for the stock to run higher at least until the next earnings report or major catalyst. This […]
The Energy Report: Extension
Nov 06, 2023
Jeremy Parkinson
Finance, No picture
Photo by Zbynek Burival on UnsplashOil prices are rebounding as Saudi Arabia, as expected, announced it will extend its 1 million barrel of oil a day production cut into December and most likely beyond. Already they are dropping hints that they will review its decision next month and the only reason they are not announcing […]
Elliott Wave Technical Analysis: DOGEUSD: Monday, November 6
Nov 06, 2023
Jeremy Parkinson
Finance, No picture
Elliott Wave Analysis TradingLounge Daily Chart, 6 November 23, Dogecoin / U.S. dollar(DOGEUSD) DOGEUSD Elliott Wave Technical Analysis Function: Follow trend Mode: Motive Structure: Impulse Position: Wave (1) Direction Next higher Degrees: wave I of Impulse Wave Cancel invalid Level: 0.575 Details: the Corrective of wave ((VI)) maybe complete and five-wave rise will support ideaDogecoin […]
Elliott Wave Technical Analysis: Pepsi Co. Inc Monday, November 6
Nov 06, 2023
Jeremy Parkinson
Finance, No picture
Pepsico Inc., Elliott Wave Technical AnalysisPepsico Inc.,(PEP): 4h Chart, 6 November 23PEP Stock Market Analysis: We have been looking for downside into wave {v} as we seem to have an incomplete bearish move. We have gone past 38.2% retracement of wave {iii}. Invalidation stands at 175$.PEP Elliott Wave Count: Wave {iv} of 3. PEP Technical Indicators: In between […]
The S&P 500’s Market Regime Reestablishes Itself
Nov 06, 2023
Jeremy Parkinson
Finance, No picture
It was just a week ago that we were looking at the serious prospect of a change in market regime for the S&P 500 (Index: SPX). But now, we have strong evidence the market regime that’s been in place since 9 March 2023 has reestablished itself. Because it has, the index rose 5.85% over the past week, closing […]
Saudis Stick To Supply Cut
Nov 06, 2023
Jeremy Parkinson
Finance, No picture
Photo by Vlad Stawizki on UnsplashDespite the ongoing conflict between Israel and Hamas, the oil market is decreasingly concerned that the conflict will disrupt oil supplies. However, we continue to expect a tight market for the remainder of this year Energy – Saudis and Russians continue with oil cutsThe oil market saw a second consecutive week […]