Category Archive: Finance, No picture
Three Reasons Why Marvell Technology Stock Is Poised For A Rally
Image Source: Pexels Marvell Technology (MRVL) is a leading player in custom ASIC (Application-Specific Integrated Circuit) solutions, providing high-performance chips essential for sectors such as data centers, 5G infrastructure, the automotive industry, and networking.With its stock currently trading around 10% below its 52-week high, many analysts believe Marvell is primed for a new rally that could push […]
What Wall Street Is Saying About Big Banks Ahead Of Earnings
Image Source: Pexels Citigroup (C), Goldman Sachs (GS) and Bank of America (BAC) are scheduled to announce quarterly results on October 15, while Morgan Stanley (MS) is expected to report earnings the following day. What to watch for: END OF UNDERPERFORMANCE: Earlier this month, HSBC upgraded Morgan Stanley to Buy from Hold with a price target of $118, up from $103. The firm believes […]
Britannia Industries – Elliott Wave Technical Analysis
Image Source: Unsplash BRITANNIA INDUSTRIES – BRITANNIA (1D Chart) Elliott Wave Technical AnalysisFunction: Larger Degree Trend Higher (Intermediate degree, orange.)Mode: MotiveStructure: Impulse/DiagonalPosition: Minute Wave ((iv))Details: Minute Wave ((iv)) Navy might be unfolding within Minor Wave 3 of Intermediate Wave (5) against 5950.Invalidation point: 5730Britannia Industries Daily Chart Technical Analysis and potential Elliott Wave CountsBritannia Industries daily chart is indicating a […]
Oil Shortages Lead To Hidden Conflicts – Even War
Image Source: Unsplash Summary: We live in a conflict-filled world today. I believe that this is ultimately a “not-enough-to-go-around” problem. Hidden oil shortages are the problem. Strangely, at this stage in the economic cycle, oil shortages seem to appear as high interest rates rather than high prices. The “climate is our biggest problem” narrative gets told repeatedly, […]
Tech’s Triumph Is Imminent
Image Source: Unsplash On Friday, I put a tease out there – that you would be pleased with the updated results in the sector performance rankings. And now that it’s Monday, it’s time to follow up with the Tale of the Tape.We’re seeing capital flow into the right areas of the market now, which signals that the current […]
Newton’s First Law At Work Today
Image Source: Pexels Last week, we asserted that traders were fitting their market narrative to the outcome that it desired. Today, on a day when the bond market is closed and banks have chosen not to release earnings on a federal holiday (though one when stock markets are open), there are fewer than usual outside forces that […]
The Gold Bull Still Has Legs: Yellow Metal Up 4.6 Percent In October
Image Source: Unsplash The gold bulls kept running in September as gold set new record highs eight times and the price gained another 4.6 percent. And it appears this bull market has plenty of momentum left in it.As of Sept. 30, gold was up 26.5 percent in dollar terms on the year.According to World Gold Council analysis, […]
Diversify Your Portfolio With Gold And Silver
Image Source: Unsplash As we have watched the stock market’s meteoric rise over the past few months, you may not have noticed that gold and silver have been on their own fantastic voyage higher. Both metals have been running past all-time highs for several weeks now. Stocks, meanwhile, are pushing on multi-week highs. It has been […]
The EU’s Major Trade Partners In One Chart
With all 27 member states taken together, the EU would be the second-largest economy in the world in nominal terms, and third by purchasing power parity.So which countries does this massive market trade with, and what goods do they send and receive?This graphic visualizes the EU’s key trading partners by imports and exports, according to July […]
Jobless Claims Are About To Skyrocket
Image Source: Pexels A big jump in jobless claims actually muddies the picture for the labor market. Meanwhile, consumer prices that many in the mainstream are claiming as sticky…are. But not for the reasons stated. We’re seeing “sticky” prices in the technical sense, and that’s not good.Video Length: 00:18:59More By This Author:India Is Plunging And It’s […]
