Category Archive: Finance, No picture
US30 Analysis Today And Week Ahead Forecast – Saturday, Nov. 4
The month did not end as bearish with a breakout to the downside, but the price returned up. The whole week has been bullish where the price broke two resistance levels, at 33000.00 and 33600.00The price has gone outside of a daily downtrend channel which is suggesting turnaround in the market trend. An important level for […]
Week In Review: Hengrui Out-Licenses Next-Gen PARP1 To Merck KGaA For $1.7 Billion
TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Image Source: Unsplash Deals and Financings Jiangsu Hengrui Pharma out-licensed global rights (ex-China) for its next-gen PARP1 inhibitor to Germany’s Merck KGaA (MKGAF) for a $170 million upfront payment and up to $1.5 billion in […]
Weekly Market Outlook – It’s Tough To Trust The Stock Market After Best Week Of The Year
Image Source: UnsplashWow, what a week. The S&P 500 rallied 6.0% over the course of the past five trading days, marking the index’s best week since June of 2022. The bulls didn’t even hesitate to sharply and decidedly reverse the downtrend well underway the week before. As the old adage goes though, if it seems too good to […]
Newsletter For November 2023
Image Source: Unsplash Geopolitical Risk Raises Gold The attack on Israel on Oct. 7 and its subsequent response have heightened geopolitical tensions in the Middle East. This conflict is drawing in the U.S., as well as regional actors like Iran, Egypt, and Turkey, raising the risk of a wider war that could destabilize the global economy.In this context, gold […]
Sniff Out Dividend Cuts
Image Source: UnsplashHow do you sniff out dividend cuts before they happen, and avoid the worst? Spare yourself the unpleasantness of a dividend cut, and of the inevitable stock price drop that comes with it. Learn what to look for.I can’t say it enough: high-yield stocks are prone to dividend cuts. Every time it happens, it comes […]
The U.S. Power Grid Is In Desperate Need Of An Upgrade
Image Source: UnsplashThe world’s biggest machine needs a major upgrade. I’m talking about the U.S. power grid. It’s made up of over 11,000 power plants, about 700,000 miles of transmission lines, and more than 5 million miles of local power distribution lines. And it’s a very important part of our daily lives.But it has a major […]
NAS100 Forex Weekly Technical Analysis – Saturday, November 4
Photo by Maxim Hopman on UnsplashThe price experienced a strong move to the upside which was not expected from my side. I was expecting the price to return slightly to the 14300.00 level and then continue fall down which would be a confirmation of a breakout to the downside.But now as it looks like the price […]
Technical Market Report – Saturday, November 4
The NegativesThe first chart covers the last 6 months showing the S&P 500 (SPX) in red and a 10% trend (19 day EMA) of NYSE new highs (NY NH) in green. Dashed vertical lines have been drawn on the 1st trading day of each month.There is not much life in NY NH and it is […]
USDX Weekly Technical Analysis – Saturday, November 4
Photo by Adam Nir on UnsplashSomething happened on the market where the price dropped significantly and broke below 106.10 and 105.50 which are very critical levels.The price is currently under 105.50 which is broken and I am expecting to see price validating this as a resistance before moving even more down.Video Length: 00:06:57 More By […]
Rally Into Year-End?
It’s Make Or Break Time For The MarketOn Wednesday, Jerome Powell’s speech sparked a broad rally in stocks and bonds as market expectations for further rate hikes collapsed. There was nothing new about the Fed’s recent policy announcement as they maintained that higher Treasury yields are doing their work in slowing economic activity and, ultimately, […]
