Current Report: Bouygues
Image Source: PixabayTM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Bouygues (BOUYY) is a French conglomerate with a wide range of assets: a construction business, a TV business, and a telecom business.It is one of the biggest construction companies in Europe with construction […]
Nasdaq 100 & S&P 500 Elliott Wave Update – Monday, Nov 11
Image Source: PexelsDue to Veterans Remembrance Day, the volumes were lite in the futures, but very large in TSLA and NVDA. I update the EW counts on the charts and add additional Fibonacci levels for minuet 5th waves and also include levels for the balance (should there be any) of the minuet 4th waves. In my […]
Financial Markets Report For Monday, Nov 11
Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, November 11.Video Length: 00:13:14More By This Author:Metal Markets Report For Thursday, Nov 7SPDR ETF Report For Thursday, Nov 7Financial Markets Report For Thursday, Nov 7
EURUSD Update: Downside Move Extends As Support Breaks
Image Source: PixabayThe EURUSD currency pair has recently seen a significant shift, breaking below the crucial support level of 1.0682. This move has extended its decline from a high of 1.0936, with the pair dipping as low as 1.0628.Looking ahead, there’s potential for further declines in the coming days. The next target to watch is around […]
Election Shows How Good We Are The Markets … Market Outlook: Stock Selection:
Regardless of any political leanings, that was a memorable week in the markets.Our prediction of a Trump win (following the lead of the betting markets) was correct, and if you tuned into our pre- and post election Masterclasses, you’d have seen how accurate we were in identifying the sectors and stocks that would be most likely to […]
This Top AI Stock Crushed Quarterly Expectations
Photo by Mohamed Nohassi on UnsplashThe 2024 Q3 earnings cycle is slowly wrapping up, with the bulk of S&P 500 companies already revealing quarterly results. The reporting docket remains busy, however, with plenty of results still to come in the weeks ahead.So far, several high-growth companies, including e.l.f. Beauty (ELF – Free Report) and Palantir (PLTR – Free Report) , have posted […]
SoFi Stock Hits New High Of $14.42: Is It Time To Take Profits?
Image Source: Pexels SoFi Technologies hit a new high of $14.42 per share on Monday. The fintech firm stands to benefit under the Trump administration. Here’s what could drive SoFi stock price higher in the coming months. SoFi Technologies Inc (SOFI) touched a high of $14.42 this morning – a level that was last seen in […]
Trade War And Recession?
Image Source: PexelsFormer Senator Toomey (Politico): “We have a recession coming. That’s what the response would be from a full-blown trade war that [Trump] would precipitate,” Toomey said, referring to the president-elect’s trade proposals. Those include tariffs of up to 20 percent on all imports, tariffs of at least 60 percent on China and more radical […]
The Commodities Feed: Natural Gas Surges
Photo by Timothy Newman on Unsplash Energy – Natural gas strength, oil weakness Oil prices came under further downward pressure yesterday. ICE Brent settled almost 2.8% lower on the day, falling below $72/bbl. USD strength – an ongoing theme since the US election – has provided strong headwinds not just to the oil market but also to the […]
WTI Retreats To Near $68.00 On Chinese Stimulus Disappointment, Stronger US Dollar
Image Source: Pixabay WTI price drifts lower to near $68.00 in Tuesday’s early Asian session. The stronger USD weighs on the USD-denominated Oil. China’s stimulus plan disappointed investors, dragging the WTI price lower. West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.00 on Tuesday. The WTI price edges lower amid the fears […]
