Category Archive: Finance
Unlocking ASX Trading Success – Coles Group Limited
COLES GROUP LIMITED. – COL Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with COLES GROUP LIMITED. – COL. We see ASX:COL as possibly moving higher in the (5)-orange wave. And this deeper analysis will provide key Key Point levels to help readers identify important turning points, such as […]
Asian Stock: Synnex Technology International
TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: Synnex Technology International CorporationBloomberg ticker: 2347 TTMarket cap: US$3,629mBackground: Synnex Technology International Corporation primarily markets computers, computer peripherals, software, network products, and telecom products. The company originates in Taiwan and has operations in 38 countries, covering 200 cities. […]
10-Year US Treasury Yield ‘Fair Value’ Estimate – Thursday, Jan. 16
The market premium for the US 10-year Treasury yield eased in December after rising for two straight months. The analysis uses a “fair value” estimate calculated by CapitalSpectator.com. Despite the downshift, the market continues to price the 10-year yield at a relatively high level compared with the pre-pandemic range.The current market premium over the average fair value […]
Sensex Today Ends 319 Points Higher; Nifty Above 23,300
After opening the day higher, Indian benchmark indices maintained the momentum as the session progressed and ended the day higher.Benchmark equity indices, the BSE Sensex and NSE Nifty50 ended in positive territory for the third consecutive session on Thursday.At the closing bell, the BSE Sensex closed higher by 319 points (up 0.4%).Meanwhile, the NSE Nifty closed 99 points […]
Gold And Silver: Navigating The Shifting Sands Of A Dynamic Market
Image Source: Unsplash In recent months, the precious metals market has been buzzing with intriguing developments that offer both opportunities and challenges for investors. Gold and silver, as timeless stores of value, are once again in the spotlight. Technical chart patterns, geopolitical tensions, and an evolving financial landscape are converging to create a compelling narrative for […]
Bank Of America Surpasses Expectations With $0.82 EPS In Q4 2024
Image Source: Pexels Bank of America (NYSE: BAC) reported a strong performance in the fourth quarter of 2024, with net income reaching $6.7 billion, or $0.82 per diluted share, a significant increase from $3.1 billion, or $0.35 per diluted share, in the same period last year.The total revenue for the quarter was $25.3 billion, marking a 15% increase […]
US Retail Sales Disappoint In December, Despite Surge In Auto Sales & Gas Costs
The all-knowing folk at BofA expect a hotter than consensus print for retail sales this morning, as seasonal distortions play a factor (there were two shifts in the December calendar relative to 2023. First, a late Thanksgiving pushed Cyber Monday into December. Second, there were four weekends in December 2024, vs. five in 2023. On balance, these […]
A Trade Story In Charts
From time to time, we’ll try to tell a big story mostly using charts. Today’s story is about trade between the U.S. and China during both President Trump’s and President Biden’s first terms in office. Our first chart presents the inflation-adjusted total value of goods traded between the two nations from January 2017 through November 2024 (the […]
Minutes Of The ECB’s December Meeting Confirm Easing Bias
Image Source: Pexels Doubts about the Eurozone economy and increasing concerns about inflation undershooting support the ECB’s easing bias. Another 25bp rate cut at the upcoming meeting looks likely.At the ECB’s December meeting, the most notable topics included the debate over the size of the rate cut (25bp vs 50bp), a still relatively optimistic outlook for […]
Silver’s Upside Target: Almost There
We’re almost at the targets – in case of multiple markets. And we got other signs, too. The trend is likely about to change.Silver is up over $1.5 since we bought it – not bad for a two-day trade, is it? If one kept repeating this performance throughout the entire year, they would multiply their capital 479 times. […]
