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Markets weak; caution advised amid potential rebound and selling pressure
The Indian benchmark Nifty 50 extended its corrective decline. Over the past four sessions of a truncated week, the Nifty 50 index remained largely under selling pressure. Throughout the past week, the markets continued with their process of mean reversion. The volatility, though, did not show any major surge. The volatility gauge, IndiaVIX rose by…
Market Crash? No Problem for DoorDash Stock’s Impressive Earnings
Investors are now worried about the market crashing, with the U.S. 10-year treasury bond finally breaking below a 4% yield for the first time since the Federal Reserve (the Fed) started hiking interest rates to combat inflation and a red-hot economy. The S&P 500 is trading lower by up to 1.5% as weak economic data…
The Long Term Bull Trend Is Accelerating
georgeclerk Current conditions appear to indicate that the long-term bull trend in place since 2011 is accelerating to the upside and increasing its angle of ascent. This is consistent with my long-term analysis that stocks would continue to rise during the Debt Monetarist transitional phase as unlimited value borrowed from the future seeks a return….
Sunoco LP (NYSE:SUN) Sees Significant Increase in Short Interest
Sunoco LP (NYSE:SUN – Get Free Report) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totalling 1,030,000 shares, an increase of 31.2% from the September 30th total of 785,100 shares. Based on an average daily volume of 450,100 shares, the short-interest ratio is…
