Category Archive: Finance, No picture
Getting Practical With The 3-5-7 Rule
Trading can sometimes feel unpredictable, and it’s easy to get caught up in the ups and downs. That’s why having a clear, straightforward strategy can make a big difference. The 3-5-7 rule is one of those strategies. It’s not about complex calculations or advanced techniques—it’s about making sure you secure profits steadily and reduce risk […]
USD/JPY Trades Higher As Investors Continue To Bet On The US Economy US employment data key for USD/JPY
USD/JPY is trading up a half a percent in the 146.90s on Monday as the US Dollar (USD) continues its recovery from the late August lows, whilst the Japanese Yen (JPY) treads water. The US Dollar’s bounce gained some impetus after the release of July’s US Personal Consumption Expenditures (PCE) Price Index on Friday. The PCE […]
Tech Stock Trading Strategies: Elliott Wave Forecast For Nasdaq & SP500
Elliott Wave Analysis: Nasdaq Tech Stocks & Major Indices SP500 (SPX) & Nasdaq 100 (NDX) – Wave iii) of 5 of (1) We’re currently in a trend trading strategy, waiting for the Intermediate Wave (2) low to form, which will take time as we are still approaching the top of Wave (1), expected this week.Day […]
Pre-NFP Housekeeping Underway
Asian stocks are bracing for a cautious start despite the buoyant mood that’s been driving global markets. Investors may be feeling optimistic, striding into the new trading month with hopes pinned on a Goldilocks scenario and the Fed’s anticipated rate cuts, but let’s not pop the champagne just yet. China’s ongoing struggles and the looming […]
One Sparked, The Other Plugged
Image Source: PexelsCertainly, it would make a fantastic business school case study to understand and analyze the strategic differences that drove O’Reilly Auto Parts (ORLY) and Advanced Auto Parts (AAP) in such profoundly opposing directions.More By This Author:Gilding The Lilly The Curse Of The $SPX Nvidia Postmortem
Sow Good: An Under-The-Radar Food Play Poised For A Resurgence
Image Source: UnsplashEarlier this week, we saw familiar clouds as the gigantic shadow of Nvidia Corp.’s (NVDA) earnings passed across the broader market. But I have to say, all those clouds have barely been murky enough to hold our stocks back. If anything, names like Sow Good Inc. (SOWG) should keep inching forward even when the Nasdaq steps […]
Bitcoin Slumps To $58,000 As The Market Sinks In Bloodbath
Image Source: Unsplash This Week’s Summary The cryptocurrency market looks set to end the week at a total market capitalization of $2.05 trillion. Bitcoin moved down by nearly 9% to trade at around $58,200. Ethereum decreased by almost 10% to trade at around $2,400. XRP moved down by 8%, BNB by 11%, and Dogecoin by 10%. Almost all altcoins […]
TJX Companies: An Off-Price Retailer Ringing Up Strong Sales And Profit
Image Source: PexelsThe TJX Companies, Inc. (TJX) rang up a 6% increase in fiscal second quarter sales to $13.5 billion, with net income up 11% to $1.1 billion and EPS up 13% to $0.96. Comparable-store sales of 4% were entirely driven by customer transactions, which increased at every division, highlights Ingrid Hendershot, editor of Hendershot Investments.Operating margin of 10.9% expanded […]
Pairs In Focus – Sunday, Sept. 1
Image Source: Unsplash Gold Gold markets initially tried to rally during the course of the week, but they then turned around to show signs of weakness. The precious metals space appears to be a little stretched, and there has been quite a lot of bullish pressure in recent days. Additionally, Friday led into a three-day weekend in the United States, so I would […]
3M Company Dividend Cut
Image Source: Unsplash3M Company (MMM) cut its dividend because of legal settlements, the divestment of the Healthcare segment into an independent company, Solventum, and the need to maintain financial flexibility. It is the third Dividend King to do so in 2024.The company’s legal challenges caused the share price to fall dramatically to the lowest value in a decade. The […]
