August Market Recap: When Gold Speaks, Markets Listen
August Market Recap: When Gold Speaks, Markets Listen
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August Market Recap: When Gold Speaks, Markets Listen
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“After reaching its 52-week high of 190 in January 2024, the stock experienced heavy profit booking and fell below its 200-day exponential moving average on the daily timeframe. Traders can buy for a target of Rs 195 in the next 6-7 weeks,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said. Source link
TOKYO — Toyota Motor on Thursday reported a record-high net profit of 1.3 trillion yen ($8.9 billion) for the April-June quarter, up 1.7% from the year-earlier period. The weak yen boosted the iconic automaker’s profit despite sales in Japan having turned sluggish due to three models being sidelined following safety test irregularities in June. Toyota…
That 99 % modelling-quality back-test might be a ticking time-bomb. Here’s how to defuse it in 15 minutes—before it blows a hole in your live account. 1 — Why Curve-Fitting Destroys Real-Money Performance Over-optimisation is the digital version of hindsight trading: you keep tweaking parameters until the past looks perfect. But the market never repeats…
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by Calculated Risk on 2/08/2025 08:11:00 AM The key reports this week are January CPI and Retail sales. For manufacturing, the January Industrial Production report will be released this week. Fed Chair Powell presents the Semiannual Monetary Policy Report to the Congress on Tuesday and Wednesday. —– Monday, February 10th —– No major economic releases…
By Jessica DiNapoli NEW YORK (Reuters) -Nestle’s new food brand for people taking weight-loss drugs like Wegovy will note that the meals are high in protein, fiber and nutrients, but will not name the blockbuster medications, a company executive told Reuters. The world’s largest food maker is keeping the names of the drugs off the…