Category Archive: Finance, No picture
Daily Market Outlook – Monday, Dec. 9
Image Source: Unsplash The Chinese mainland and Hong Kong markets have seen strong gains, and government bonds rose following a change in the politburo’s language regarding monetary policy, indicating that additional easing measures may be implemented to support the struggling economy. The benchmark 10-year yields declined by about 2bps to a record low of 1.935%. The […]
S&P 500 Steadily Coasts To New Record High
The prospect of more rate cuts once again boosted the S&P 500 (Index: SPX). The index closed out the trading week ending Friday, 6 December 2024 nearly a full percent higher than it did the previous week at 6,090.27. That’s a new record high close for the S&P 500.Although several Federal Reserve officials signaled they want to […]
Broadcom Stock Unique Pattern Points To AVGO Hitting $200
Broadcom stock price is hovering near its all-time high as its march towards the $1 trillion market cap intensified. AVGO was trading at $180, a few points below the all-time high of $186. It has rallied by almost 1,200% from its lowest level in 2020. Broadcom business is growingBroadcom is a giant technology company that provides […]
FX Daily: Little Reason To Leave The Dollar Now
Image Source: Unsplash After a brief sell-off on Friday’s US jobs report, the dollar has returned bid. Helping that trend is geopolitics (Korean markets remain unsettled) and a view that central bankers in trading partners will win the race to cut rates to neutral. Here we have rate meetings in the eurozone, Canada and Switzerland, with 25bp or 50bp […]
Oil Prices Rise Amid Middle East Tensions, But Weak Demand Caps Gains
Image Source: Unsplash Oil prices were in the green as tensions in the Middle East grew after the fall of the Syrian President’s regime. OPEC’s steep production highlighted weak demand worldwide, which limited gains in prices on Monday. Rigs deployed for oil and gas in the US rose sharply last week to hit its highest […]
Digital Euro: The Dangers Of CBDC
Video length 00:12:25More By This Author:The U.S. Has Been In A (Real) Recession For Years Trump Wins. The Real Impact Of His Economic Plan If The U.S. Falls Into Recession, It Will Be From Years Of Government Excess
Current Report: Bayerische Motoren Werke (BMWKY)
BMW (BMWKY) is a premium passenger car and motorcycle original equipment manufacturer, home to the brands BMW, Mini Cooper, Rolls-Royce, and BMW Motorrad. Bayerische Motoren Werke Aktiengesellschaft was founded in 1916 and is headquartered in Munich, Germany.BMW sold 2.8 million vehicles in 2023 (2.6 million being passenger cars). In terms of sales volumes, Asia and Europe […]
Amazon shareholders urge company to allocate at least 5% of its assets to Bitcoin
Key Takeaways Amazon shareholders are advocating for at least 5% of company assets to be allocated to Bitcoin. The proposal points out that Bitcoin has outperformed other assets such as corporate bonds in recent years. Share this article A group of Amazon shareholders is pushing for the company to allocate a minimum of 5% of […]
Elliott Wave Insights: Tech Giants And Major Indices Enter Key Correction Waves
SP500 (SPX), NASDAQ 100 (NDX), Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Alphabet (GOOGL), Bitcoin (BTC). Stock market Elliott Wave technical analysis and trading strategies: Apart from NVDA, indices and stock to edge higher in current trend this week. Trend Structure; in most cases markets are in the […]
Homes For Christmas Let’s Talk Homeownership Market Share
Image Source: UnsplashEver notice how “home” is so important to our holiday traditions? It’s hard to imagine Christmas without images of a fireplace, a tree, some food, and rooms with festive decorations. Families gather in such rooms to form lifelong bonds and memories.My neighborhood here in Puerto Rico really goes all out on Christmas decorations. There […]
