Asian Stock: LT Group Incorporated
TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: LT Group IncorporatedBloomberg ticker: LTG PMMarket cap: US$1,890mBackground: LT Group Incorporated is one of the largest conglomerates in the Philippines and was founded in 1937. LTG invests in the banking industry with PNB bank; in tobacco, with […]
How Germany Destroyed Its Economy And How To Fix It
Image Source: Pexels The German economy was once a global industrial powerhouse, showing strong resilience in times of crisis as well as significant productive growth in periods of expansion.Germany displayed robust industrial activity, solid productivity, and enviably low unemployment levels, which added to real high wages. However, in the past five years, the economy has stagnated, and its […]
Sensex Today Ends 384 Points Lower; Nifty Below 24,700
After opening the day lower, the Indian benchmark remained in negative territory as the session progressed and ended the day lower.Benchmark equity indices BSE Sensex and NSE Nifty50 ended in the red, mirroring their Asian peers.At the closing bell, the BSE Sensex closed lower by 384 points (down 0.5%).Meanwhile, the NSE Nifty closed lower by 100 points (down […]
S&P 500 Weekly Action Areas & Price Objectives – Monday, Dec. 16
Image Source: Pixabay In this update, we review the recent price action in the emini SP500 futures contract and identify high probability action areas and price objectives for the trading week ahead.Video Length: 00:11:04More By This Author:Daily Market Outlook – Monday, Dec. 16FTSE Flat As GDP Miss Spooks InvestorsDaily Market Outlook – Friday, Dec. 13
Gold Not Shining So Brightly Any More
Image Source: Pixabay The price of gold was higher in the first half of Monday’s session, following a two-day sell-off at the end of last week. Unlike Bitcoin, which has just hit a new all-time high above $106K, the precious metal has been stuck inside a range lately. The metal’s recent struggles underscore growing expectations of […]
Riksbank Preview: Another Cut On The Path To 2%
Image Source: Pexels We expect a consensus 25bp rate cut this week in Sweden. Despite a soft start to the fourth quarter for GDP, forward-looking activity indicators are signaling that rate cuts are turning the tide for the Swedish economy, and we expect the Riksbank’s terminal rate at 2.0% – above that of the ECB. This can […]
How 10-Year Treasury Yields Have Changed This Interest Rate Cut Cycle
We are 62 days in from the first Fed rate cute this cycle. Let’s compare treasury yields to other cycles.Data from the US Treasury, chart by Mish The above chart compares the reaction of 10-year treasury yields for 120 business days starting the day before the first rate cut in each cycle.10-Year Treasury Yield Change […]
Silver Price Forecast: XAG/USD Finds Support At $30.30 To Trim Some Losses
Silver Prices (XAG/USD) are trading in a mild positive bias on Monday, trimming some losses after the rejection from levels above $32.00 last week. A mild retreat in US Treasury yields is supporting precious metals on Monday but the overall picture shows the pair vulnerable.The daily chart reveals a sharp reversal pattern last week, which triggered […]
Elliott Wave Technical Analysis: JPMorgan Chase & Co. – Monday, Dec. 16
JPM Elliott Wave Analysis Trading LoungeJPMorgan Chase & Co., (JPM) Daily ChartJPM Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minor wave 5DIRECTION: Upside in 5 of (5).DETAILS: Looking for continuation higher into wave 5 as we could be headed towards the next TradingLevel at 300$. If we manage to find support on top of MG1 above 230$ we could […]
Is India About To Make The Dollar Explode Higher?!
Image Source: Pexels The dollar continues to threaten to make a big move higher. Not only is the main dollar index right at the top end of its multi-year range, the buck is creating big problems for major currencies. The more other central banks or authorities struggle to contain the fallout, the greater the chance for […]
