Softs Report – Tuesday, Dec. 3
COTTON General Comments: Cotton was lower yesterday and the trends are sideways. Selling came from news that Trump will impose some big tariffs on China, but the tariffs posted were not as high as he had threatened before during the campaign. Support came from a very strong weekly export sales report as some buyers look […]
PLTR Hits 52-Week High After FedRAMP Authorization, Opening New Doors For The Firm
Image courtesy of 123rf.com Palantir Technologies Inc. (NYSE: PLTR) has announced a critical achievement in the realm of government cloud services by securing the FedRAMP High Authorization for its Palantir Federal Cloud Service (PFCS) and its supporting services.This authorization, which covers the full suite of Palantir products, including AIP, Apollo, Foundry, Gotham, FedStart, and Mission Manager, marks a […]
S&P 500 Cools From Post-Election Record Highs
The Dow Jones Industrial Average (DJI) is down triple digits this afternoon, as traders unpack this morning’s jobs data. U.S. job openings rose to 7.74 million in October, topping expectations of 7.5 million and pointing to a stronger labor market.The S&P 500 Index (SPX) is modestly lower as well, while the Nasdaq Composite (IXIC) holds on […]
FTSE Mints Another Positive Day Aided By Miners Outperformance.
Image Source: Pexels U.K. stocks rose on Tuesday, buoyed by increased commodity prices that benefited mining and energy shares. The FTSE 100 index climbed 0.5% after a 0.3% gain on Monday. Mining companies such as Anglo American, Antofagasta, and Glencore saw their shares increase by 1-2% as commodity prices continued to trend upward in light of […]
Unlocking ASX Trading Success: Xero Limited
ASX: XERO LIMITED – XRO Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with XERO LIMITED – XRO. We see ASX:XRO continuing to move a little higher with an unfolding Diagonal.ASX: XERO LIMITED – XRO 1D Chart (Semilog Scale) AnalysisFunction: Major trend (Minor degree, gray)Mode: MotiveStructure: DiagonalPosition: Wave ((y))-navy […]
Iceland´s Equity Indexes At And Above Their 52-Week Highs
Image Source: Pexels As I have mentioned before, it looks like the two stock market indices in Iceland, OMXIPI and OMXI15, are in the process of reversing their long-term trends to the upside. Both are forming or have formed some type of potential cup-and-handle or inverse head-and-shoulder patterns. The former is close to its 52-week (one-year) high, while […]
Total Return Forecasts: Major Asset Classes – Tuesday, Dec. 3
Image Source: Pixabay The long-term performance forecast for the Global Market Index (GMI) continued to increase in November, marking a full reversal of the recent slide in ex ante data. Today’s estimate also marks the highest return outlook in recent history and is modestly above the previous month’s forecast.GMI’s long-term projection is now a 7.2% annualized total […]
Planet Labs – Views From Space
Summary Planet Labs PL has shown a 90.76% gain since the Trend Seeker buy signal on 10/29, driven by strong technical indicators and consistent price appreciation. The company provides high cadence geospatial data through satellite constellations, serving various sectors including agriculture, energy, finance, and government. Barchart’s technical indicators show 100% buy signals, a 79.49% gain […]
GBP/USD Price Forecast: Stalls Below 1.2700 Amid Dismal UK Retail Sales
The Pound Sterling climbed modestly against the US Dollar on Tuesday, yet it failed to decisively clear the 1.2700 figure for the third consecutive trading day. At the time of writing, the GBP/USD trades at 1.2667, up 0.15%.The Britail Retail Consortium (BRC) revealed that retail sales plunged to their lowest reading since April, with the index […]
Sensex Today Rallies 597 Points; Nifty Above 24,400
After opening the day higher, Indian benchmark indices remained positive as the session progressed and ended the day on firm footing.Benchmark equity indices, the BSE Sensex and NSE Nifty50, extended gains for the third consecutive day to settle in the green on Tuesday.At the closing bell, the BSE Sensex stood higher by 597 points (up 0.7%).Meanwhile, the NSE […]
