Category Archive: Finance, No picture

Bull Of The Day: DoorDash

Bull Of The Day: DoorDash

Image Source: Unsplash  Zacks Rank #1 (Strong Buy) stock DoorDash ((DASH – Free Report) ) is the leader in the food delivery service industry. The DoorDash app enables customers to connect with local restaurants. Through its platform, users can browse menus, view reviews from previous customers, place orders, and have food delivered directly to their doorsteps within minutes. DoorDash partners with […]
Chart Of The Day: Elanco Animal Health- Big Money In Animal Pharma

Chart Of The Day: Elanco Animal Health- Big Money In Animal Pharma

The Chart of the Day belongs to the animal pharmaceutical company Elanco Animal Health (ELAN). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart  feature to review the charts for […]
Texas GOP Moves To Support Gold

Texas GOP Moves To Support Gold

Image Source: DeposiPhotosThis March, Republican primary voters in Texas won’t just be choosing which candidates to represent their party in November – they will also be voting on a series of ballot propositions that while not legally binding offer a way for voters to guide their leaders.Here’s why what is happening in Texas matters and what it […]
Japan’s Stock Market Is Set To Take Off This Year, Here’s Why

Japan’s Stock Market Is Set To Take Off This Year, Here’s Why

Image Source: Unsplash  Japanese stock market indices rose to the highest level since 1990.Japanese stocks are continuing their stellar 2023 performance, with key benchmark indices surging to the highest level in more than 30 years on Tuesday. The rally is driven by many factors, including easing inflation, weakening yen, and more resilient corporate earnings.   Japan’s Benchmark […]
Elliott Wave Technical Analysis Day Chart: Euro/U.S. Dollar – Wednesday, Jan. 10

Elliott Wave Technical Analysis Day Chart: Euro/U.S. Dollar – Wednesday, Jan. 10

Image Source: Unsplash  EURUSD Elliott Wave Analysis Trading Lounge Day  Chart, 10 January 2024Euro/U.S. Dollar(EURUSD) Day ChartEURUSD Elliott Wave Technical AnalysisFunction: TrendMode: Corrective  Structure: likely Zigzag in  black wave 2Position: Red wave 3Direction Next Higher Degrees: black wave 3  Details: blue wave 5 of 1 completed at 1.11403. Now black wave 2 is in play. Wave […]
European Stock: Renault SA

European Stock: Renault SA

Company: Renault SABloomberg ticker: RNO FPMarket cap: US$11,070mBackground: Renault S.A. designs, manufactures, markets, and repairs passenger cars and light commercial vehicles. The Company provides financing solutions including credit for new and used vehicles.  World Class Benchmarking of Renault SA Profitable Growth rank of 6 was up compared to the prior period’s 8th rank This is below average performance compared to […]
Rates Spark: The Side Effect Of Weighing The Scenarios

Rates Spark: The Side Effect Of Weighing The Scenarios

Image Source: Pixabay  10Y Bunds got pushed back to 2.2% but still struggled to move past that hurdle despite a heavy supply slate. The same goes for the 10Y UST at 4% ahead of tomorrow’s potentially more market-moving US CPI data. Meanwhile, markets accounting for tail risk scenarios in their pricing can imply too loose financial conditions – tempting central […]
Top 3 Technical Analysis Errors On Silver

Top 3 Technical Analysis Errors On Silver

Photo by Pierre Bamin on Unsplash  There is no cup and handle pattern in Silver (although there is super bullish potential if it approaches $50), nor is there a bull flag and we have to stop drawing diagonal resistance from the 2011 peak.Video Length: 00:10:45More By This Author:Gold Makes New Yearly, Quarterly, Monthly Closing Highs […]
Start Of Something Big Or Just A Temporary Pause?

Start Of Something Big Or Just A Temporary Pause?

Image Source: Unsplash  Watch the video extracted from the WLGC session before the market open on 9 Jan 2024 below to find out the following: How the change of character bar signals potential shifts in market dynamics Identify and interpret shortening thrusts to spot a potential reversal Judge the market health by the magnitude of pullbacks, supply levels, and […]
Inflation In Australia Continues To Decline. The World Bank Forecasts A Contraction In Growth

Inflation In Australia Continues To Decline. The World Bank Forecasts A Contraction In Growth

Image Source: DepositPhotosAt the close of the stock market yesterday, the Dow Jones Index (US30) decreased by 0.42%, while the S&P 500 Index (US500) was down by 0.15% on Tuesday. The NASDAQ Technology Index (US100) closed positive by 0.09%.Lower expectations for a Fed interest rate cut in March weighed on equities as swap markets show that the probability of a 25 bps […]