Disney’s Stock Gains As It Scores A Massive Gaming Hit With Marvel Rivals
Image courtesy of 123rf.com Disney (NYSE: DIS) has recently achieved significant success in the gaming industry with the launch of Marvel Rivals, a new collaboration with NetEase Games. The superhero-themed game has captivated a massive audience, reaching 20 million players within two weeks of its release. Available on multiple platforms, including PC, PlayStation 5, and Xbox Series […]
Housing Starts Dip A Modest 1.8 Percent November
Building Permits Privately-owned housing units authorized by building permits in November were at a seasonally adjusted annual rate of 1,505,000. This is 6.1 percent above the revised October rate of 1,419,000, but is 0.2 percent below the November 2023 rate of 1,508,000. Single-family authorizations in November were at a rate of 972,000; this is 0.1 […]
The Market’s Momentum Of Truth Approaches As Breadth Deteriorates
Image source: Pixabay Global rates are nearing a breakout ahead of key central bank meetings, with equity financing costs surging and market breadth weakening. The Federal Reserve is expected to cut rates by 25 basis points today, aligning with market expectations. Tonight, the Bank of Japan is unlikely to raise rates but may signal hawkish intentions, […]
FTSE Recover Modestly From Two Month Lows Ahead Of Fed & BoE Decisions
Image Source: Pexels Energy firms lifted the UK’s primary stock index on Wednesday as investors analysed important inflation data for insights into future domestic policy and eagerly anticipated the U.S. Federal Reserve’s interest rate decision later in the day. The FTSE 100 index rose by 0.17%. Energy emerged as one of the leading sectors, increasing by […]
Stocks Rise Ahead Of Interest-Rate Update
The Dow Jones Industrial Average (DJI) is up 142 points this afternoon, looking to snap its worst daily losing streak since 1978. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are modestly in the black, as investors look ahead to the Federal Reserve’s interest-rate decision, due out today at 2 p.m. ET. In the meantime, […]
Unlocking ASX Trading Success – Insurance Australia Group Limited
ASX: INSURANCE AUSTRALIA GROUP LIMITED – IAG Elliott Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with INSURANCE AUSTRALIA GROUP LIMITED – IAG. We see ASX:IAG possibly continuing to push lower with wave ((4))-navy in the coming period.ASX: INSURANCE AUSTRALIA GROUP LIMITED – IAG 1D Chart (Semilog Scale) AnalysisFunction: Major trend […]
Asian Stock: Thai Union Group
TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: Thai Union Group Public Company LimitedBloomberg ticker: TU TBMarket cap: US$2,014mBackground: Thai Union Group Public Company Limited has the top global market share in frozen and canned seafood. It has 17 production locations and 3 R&D centers […]
Yields And The Loonie Dive While Stock Markets Levitate
Canada’s economy is slumping, along with support for the federal government. So far, the Bank of Canada says it plans to ease policy rates at a slower pace in 2025. The Treasury market is not convinced. Through fits and starts, government bond prices have continued to rise on safety-seeking inflows (yields in a downtrend).The 10-year […]
Sensex Today Tanks 502 Points; Nifty Ends Below 23,200
After starting the day on a negative note, the benchmarks dragged further as the session progressed and ended the day on a weak note.Benchmark equity indices, BSE Sensex and NSE Nifty50, ended the Wednesday session in negative territory.At the closing bell, the BSE Sensex stood lower by 502 points (down 0.6%).Meanwhile, the NSE Nifty closed lower by 137 points […]
Cisco Systems Inc: Chart Analysis
Image Source: Pixabay Good morning everybody. Time for our chart of the week, and this week we’re gonna focus in on a big tech name – one of the former four horsemen – Cisco Systems; CSCO is the symbol. So let’s take a look at this chart. It’s had a really nice run since the start […]
