The 10 wk average is now below the 30 week average for DIA, SPY, QQQ, IWM. This could mark the end of the 2 year up-trend that began in February, 2023.
10 wk avg (dotted line), 30 wk avg (red solid line) close (gray line).
Last week, the Bank of Canada slashed its benchmark interest rate by 25 basis points to 2.5% amid a weak labour market and easing inflation. Economists are predicting one more rate cut by the end of this year. With interest rates remaining low, investing in high-yield Canadian dividend stocks can be an effective way for…
Street Calls of the Week Source link
STOCK (FUTURE / CASH / OPTION ) NIFTY (FUTURE / OPTION) BANK NIFTY (FUTURE / OPTION) FUTURE STOCK TIPS: ASIANPAINT (DEC. FUT. LOT. 200) BUY ABOVE 2350 TGT 2360/2370/2380 S/L 2340 AND SELL BELOW 2340 TGT 2310/2280/2250 S/L 2350 HINDALCO (DEC. FUT. LOT. 1400) BUY ABOVE 634 TGT 635/636/638 S/L 633 AND…
Finland stocks lower at close of trade; OMX Helsinki 25 down 2.85% Source link
$4.59 +0.70 (+17.99%) (As of 06/7/2024 ET) 52-Week Range $1.64 ▼ $5.15 Price Target $6.10 The recent FDA approval of RYTELO™ (imetelstat) has propelled Geron Corporation NASDAQ: GERN into the spotlight, sparking a surge in Geron’s stock price and attracting heightened attention from investors seeking opportunities within the healthcare sector and biotech sector. This momentous achievement…
NEW DELHI: Several stocks rallied as much as 15% in Mumbai trading on Friday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the green amid brisk buying in frontline bluechip counters. Stocks that surged in excess of 15% included, Mefcom Capital(20.00%), Kimia Biosciences(20.00%), Tranway Technologies(20.00%), Prime Focus(19.99%), Shikhar Consultants Ltd.(19.69%), Tierra Agrotech(16.86%),…