Choppy and volatile markets
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December S&P E-mini futures: The ES is headed much higher over the coming months. Support is 6500. QQQ: Support is 568. TNX (ten year note yield): The 3.75% level is support. A swing up to 5.50% is underway. Euro-US Dollar: The 112 level is support. Upside target at 120 was nearly reached. Bitcoin: Resistance is…
I had MHJ on a watch list years ago but didn’t pull the trigger – regretted that decision for a while but I see they’re down in the dumps again at around 67 cps (last time they were in the 30s). Thought I would look again. “Comparable EBIT” is another junk term made up to…
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Shares of Shakti Pumps will be in focus today as the company has announced a bonus share issue in the ratio 5:1, for which the ex-date is November 25. This means today is the last day to buy the stock to be eligible for the bonus shares. The company had announced the record date earlier…