Some stuff I am reading today morning: India will be a $30 Trillion economy by 2050 (Gautam Adani) The rise & rise of PSUs (MC) Flipkart to enter Quick Commerce (BT) India is now world’s 3rd largest airline market (Fortune) Investors should focus on larger cement players (Rediff) Is “Khelo India Khelo” priced in? (Kiran…
The Australian Dollar holds positive ground on Thursday. The Aussie edges higher as Australian PMI reading has maintained expansion in June. Investors await the advanced US S&P Global PMI data, which is due on Friday. The Australian Dollar (AUD) trades with mild gains in Thursday’s early Asian session. The Aussie edges higher after the recent Australian…
Have you ever stared at a price chart, yearning for a way to identify potential turning points in the market? If so, you’re not alone. Countless traders grapple with the challenge of deciphering price action and anticipating future trends. This is where HighLow Custom MT4 Indicators come in, offering a valuable tool to enhance your…
Hi Muschu, I’m still primarily trading on Technicals; therefore I’m looking at the charts and try to identify certain patterns that I associate with “more likely than not”. The way a stock is traded over time and at different times of the day may also give me an indication of Market Sentiment. Therefore, any comments…
By David Lawder WASHINGTON (Reuters) -The U.S. Treasury on Thursday said no major trading partner appeared to have manipulated its currency last year, but it added Japan to a foreign exchange “monitoring list,” alongside China, Vietnam, Taiwan, Malaysia, Singapore and Germany, which were on the previous list. The Treasury’s semi-annual currency report found that none…
Microblog: Stansberry Research Retirement Trader – Dr. David Eifrig, MD, MBA | Stock Gumshoe Skip to Main Content What is your opinion of Dr. Eifrig and his newsletter? Many thanks! This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe,…
Real Vision macro expert Julien Bittel believes that Bitcoin (BTC) is on the verge of going parabolic based on historical precedence. Bittel tells his 69,400 followers on the social media platform X that Bitcoin is in a historical “boring” phase ahead of an expected “banana” rally that has come after the halving events when miners’…
With spot Ethereum ETFs on the horizon in the United States, should existing Bitcoin ETF holders split their crypto holdings into ETH? In a Twitter thread on Thursday, Bitwise CIO Matt Hougan offered three reasons for why this might be a good idea. Why Bitcoin Holders Should Buy Ethereum The first, Hougan wrote, is for…
by Calculated Risk on 6/20/2024 07:51:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday:• At 10:00 AM ET, Existing Home Sales for May from the National Association of Realtors (NAR). The consensus is for 4.10 million SAAR, down from 4.14 million. Source link
MF3d/E+ via Getty Images In today’s Chart of the Day, we took a look at valuations across the Tech sector and how things stand relative to historical extremes. Below is a quick look at trailing 12-month price to sales ratios (P/S) over the last five years for the large-cap S&P 500 and small-cap Russell 2000…