U.S. Manufacturing Continues To Struggle With Tariff Uncertainty
Image Source: Pexels The US ISM manufacturing index improved in November, but remains in contraction territory. Election clarity probably saw some delayed orders getting pushed through, but the potential for tariffs and the associated risk of supply chain disruption and reciprocal tariffs placed on US exports means further gains will be limited until we have clarity. […]
Intel Stock Rises Following CEO Change Announcement
Image courtesy of 123rf.com Intel Corporation (Nasdaq: INTC) has announced a significant leadership transition as CEO Pat Gelsinger retires, effective December 1, 2024. Gelsinger, who also stepped down from the board, has been a pivotal figure at Intel, returning as CEO in 2021 during a crucial period for the company.In the interim, David Zinsner and Michelle Johnston Holthaus […]
Grains Report – Monday, Dec. 2
WHEAT General Comments: The markets were lower last week on lower quotes for export Wheat from Russia and on much lower offer prices from Argentina. Tensions remined high between Ukraine, the US, and Russia. There was no news about the conflict seen in recent days to move markets. The threat of war expanded with the […]
Red Cat – High Flying Drone Technology
Summary Red Cat Holdings (RCAT) has shown exceptional price appreciation, gaining 244.15% since the Trend Seeker buy signal on 11/5. The company offers advanced drone technology, providing critical intelligence and situational awareness to military and public safety officials. Barchart’s technical indicators are highly favorable, with 100% buy signals, a 1,260.69% gain in the last year, […]
Unlocking ASX Trading Success – Woolworths Group Limited
ASX: WOOLWORTHS GROUP LIMITED – WOW Elliott Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with WOOLWORTHS GROUP LIMITED – WOW. We see ASX:WOW not really rising, but still has a push lower.ASX: WOOLWORTHS GROUP LIMITED – WOW 1D Chart (Semilog Scale) AnalysisFunction: Major trend (Primary degree, navy)Mode: MotiveStructure: […]
Italian GDP Growth Confirmed As Flat In The Third Quarter
Image Source: Pexels There were no big surprises from the disclosure of the demand breakdown in Italy’s GDP. Consumption was confirmed as the main driver and net exports the main drag, with investments broadly a hindrance for the infrastructure component. Italian GDP growth confirmed as flat in the third quarterThe revision of preliminary national accounts data for the third quarter […]
Major Asset Classes November 2024 Performance Review
Image Source: Pexels Global markets delivered mixed results in November. US stocks and real estate estate investment trusts led last month’s winners, rebounding with solid gains following October’s decline, based on a set of ETFs. Commodities and shares in emerging markets suffered the biggest losses in November.The crowing performer last month: a 6.7% surge in US equites (VTI), […]
Sensex Today Ends 445 Points Higher; Nifty Above 24,250
After opening the day lower, the Indian benchmark turned positive as the session progressed and ended the day higher.Benchmark equity indices ended December’s first session in positive territory.At the closing bell, the BSE Sensex stood higher by 445 points (up 0.6%).Meanwhile, the NSE Nifty closed higher by 142 points (up 0.6%).Apollo Hospital, Grasim Industries, and Shriram Finance are among […]
AUD/USD Price Forecast: Gaps Open And Falls Towards Floor Of Range
AUD/USD gaps open on Monday and declines. The pair is in a sideways range and will probably continue oscillating. Gaps have a habit of getting filled, suggesting an up leg will eventually develop within the range. AUD/USD is falling within a range encompassed by the green (ceiling) and red (floor) dashed lines on the chart […]
US Dollar Stretches Higher After Trump Tariff Threatens BRICS, French Political Turmoil Ahead
The US Dollar has kicked off this week on the front foot after Donald Trump slapped BRICS with tariff. Focus shifts to Paris where this Monday, during European trading hours, French parliament is set to convene ahead of a vote for no-cofidence. The US Dollar Index spikes back above 106.00, though it faces a key […]
