Analysts See More Upside For Robinhood Markets As HOOD Rally Continues
Image courtesy of 123rf.com Robinhood Markets, Inc. (Nasdaq: HOOD) has seen a notable uptick in its stock performance recently, driven by a series of favorable regulatory expectations and strategic business initiatives. Analysts have pointed to the recent U.S. presidential election as a catalyst for changes in the Securities and Exchange Commission (SEC) leadership, which could benefit Robinhood significantly.The prospect of […]
Trump’s Treasury Pick Pushes Dow, S&P 500 To Records
The Dow Jones Industrial Average (DJI) is up 397 points this afternoon, eyeing a fourth-straight gain. The blue-chip index also notched a fresh record high alongside the S&P 500 (SPX), which is currently on track for its sixth consecutive win, while the Nasdaq Composite (IXIC) sports a triple-digit lead of its own. Investors are enjoying […]
Dazed And Confused… About Money Where do dollars come from? What are taxpayer dollars? It is not “debt”
The misconceptions surrounding the understanding of the fiat monetary-system causes governments to implement inhumane austerity policies that end up increasing poverty and and economic dysfunction. In this article, I attempt to correct the misconceptions about money. (I reference Canada, but it applies to all currency-creators). Where do dollars come from?Money is not a physical reality. Money […]
Unlocking ASX Trading Success: Woodside Energy Group Ltd
ASX: WOODSIDE ENERGY GROUP LTD – WDS Elliott Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with WOODSIDE ENERGY GROUP LTD – WDS. We see that ASX:WDS may be showing some evidence of a ((iii))-navy wave unfolding to push higher. A push above 27.20 would further confirm this […]
US Stocks Continue To Lead Markets By Wide Margin In 2024
As the final weeks of the trading year come into focus, American shares remain the odds-on favorite to dominate 2024 performance for the major asset classes.Using a set of ETF proxies through Friday’s close (Nov. 22) highlights a wide gap in US stocks over the rest of the field. Vanguard Total US Stock Market ETF (VTI) […]
German Ifo Index Drops In November And Does Little To Curb Winter Recession Fears
Image Source: Pexels The German Ifo index dropped in November on the back of a weaker current assessment component.Germany’s most prominent leading indicator, the Ifo index, just took another nosedive. After the first rebound in almost half a year in October, the Ifo index dropped to 85.7 in November from 86.5. Interestingly, the current assessment component declined […]
Sensex Today Rallies 993 Points; Nifty Above 24,200
After opening the day higher, Indian benchmark indices remained positive as the session progressed and ended the day on a firm footing.Benchmark equity indices, the BSE Sensex and NSE Nifty50, ended the first trading session of the week on a higher note, rising over 1% each. Markets drew encouragement from the massive victory of the […]
Share Prices Of Two Icelandic Banks Improving
Image Source: Pexels The Price-to-Tangible Book Value ratio (P/TBV) is a common measure used to value bank stocks. Using TBV in the denominator rather than Book Value (BV) is considered a more conservative metric, as it uses only the hard or real assets of banks. The P/TBV ratio will always be at least as high as […]
Four Stocks To Watch This Week – Monday, Nov. 25
WiseTraders Weekly Watchlist: November 25, 2024 – November 29, 2024 As expected last week was choppy but the markets remain robust with more bullishness likely. Many overbought stocks remain overbought with only minor pullbacks so far. With the right catalyst there will be a meaningful pullback, but we’re not seeing it just yet. Here are four stocks to keep on […]
AUD/USD Gives Of Intraday Gains, Aussie/US Inflation In Focus
Image Source: Pexels AUD/USD gives up a majority of intraday gains while the US Dollar remains on the backfoot. The US Dollar weakened as US Trump nominated veteran hedge-fund manager Bessent as Treasury Secretary. Investors await the monthly Aussie inflation data for fresh RBA interest rate guidance. The AUD/USD pair surrenders a majority of its intraday […]
