Manulife Financial Stock Technical Analysis And Forecast 
                    
 
 
 

Manulife Financial Stock Technical Analysis And Forecast      

Despite recent market volatility, Manulife Financial stock remains a stable option for income-seeking investors, so in this article we will dive into the chart patterns, indicators, and macro influences shaping MFC’s trajectory, offering insights for informed investment decisions.FreepikLet’s go Trend Analysis: Past, Present, and FutureThe last five years Manulife historical stock price have painted a dynamic picture. A […]
Bank Of Canada’s Macklem: The End Is In Sight But Rates Are Not Returning To Pre-Pandemic Levels 
                    
 
 
 

Bank Of Canada’s Macklem: The End Is In Sight But Rates Are Not Returning To Pre-Pandemic Levels      

In a BNN Bloomberg video interview late last month, the Bank of Canada’s governor Tiff Macklem essentially laid out the gameplan for Canada’s monetary policy in 2024. Macklem reassured Canadians that the end of inflationary pressures and tight monetary policy is “in sight.”FreepikHowever, he also prepared Canadians to expect a new regime of higher interest rates than […]
Dogecoin / U.S. Dollar – Elliott Wave Technical Analysis, Monday, January 8

Dogecoin / U.S. Dollar – Elliott Wave Technical Analysis, Monday, January 8

Elliott Wave Analysis TradingLounge Daily Chart, Monday, January 8.FreepikDogecoin / U.S. dollar (DOGE-X)DOGEUSD Elliott Wave Technical AnalysisFunction: Counter trendMode: CorrectiveStructure: ZigzagPosition: Wave ((C))Direction Next higher Degrees: wave II of ImpulseWave Cancel invalid Level: 0.057Details: Wave II trend Move to retest 78.6% of Wave I at 0.679Dogecoin / U.S. dollar (DOGEUSD)Trading Strategy: Overall, Dogecoin is still in […]
Market Briefing For Monday, January 8

Market Briefing For Monday, January 8

‘Backpedaling’ off an extended S&P ‘ascending wedge’ late last year was a perfectly normal expectation for a stumble at this new year’s beginning. As you toss-in broad ‘tax-gain’ selling of portions of mega-cap winners as were clearly pushed forward into 2024 (gaining an extra year before paying taxes), and you have the formula which made sense (and still […]
Financial Markets Forecast For 2024

Financial Markets Forecast For 2024

The stock market trading year 2023 is over, and it is time for my financial markets forecast for this coming new year. I noticed that the New York Times last week ran a big story about a popular CNBC talking head and his forecast for big gains for 2024. The story said that he was “correct” […]
Super Cycles Do Not Just Fade Away

Super Cycles Do Not Just Fade Away

Freepik On inflationI like this quote-“Goods deflation likely transitory as downward pressure on goods demand and input costs are fading. 1H24 global core inflation likely to settle near 3%, which won’t resolve the immaculate disinflation debate.”And this quote does not include the steep rise in shipping costs of late.Note the move in costs as of early […]
Weekly Market Outlook – Cracks Are Starting To Show 
                    
 

Weekly Market Outlook – Cracks Are Starting To Show  

FreepikThe market’s nine-week win streak firmly ended last week, with the S&P 500 tumbling 1.5%. That’s enough to start a setback, and there’s certainly plenty of room for more profit-taking from here. And yet, it’s still too soon to say the budding bull market is dead. It was due for a breather anyway.The bigger worry […]
What’s The Actual Strength Of The Labor Market? CPS Vs CES Vs ADP Vs ISM

What’s The Actual Strength Of The Labor Market? CPS Vs CES Vs ADP Vs ISM

Some commentators have focused on the sharp declines in civilian employment as well as the ISM services employment diffusion index as signaling greater weakness than suggested by the establishment survey.FreepikIn particular, the fact that the BLS birth-death model is accounting for a large share of total growth is worrying (see Forbes, e.g.). In point of fact, […]
What Happened To Fox Stock Price Since Firing Tucker Carlson?

What Happened To Fox Stock Price Since Firing Tucker Carlson?

Image Source: Pexels Fox share price has crashed by over 12% after ousting Tucker Carlson. Other media companies like Paramount, Disney, and Warner are also not doing well. The company lacks a clear catalyst as the ad and affiliate business retreat. Media stocks are not doing well as concerns about the industry’s future remain. I recently […]
For Third Straight Year, Texas Is Top Destination For U-Haul Renters

For Third Straight Year, Texas Is Top Destination For U-Haul Renters

Texas marked its third year (and sixth time in 8 years) as the top destination for one-way U-Haul truck users in 2023, according to the annual U-Haul Growth Index.Mom unloads UHaul by herself as situationally unaware kids stand exactly where she needs to be (Photo: Uhaul.com).The list is calculated by taking the net gain or loss of one-way […]