Factor Update, March 8, 2025 (issued March 6)
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Blog Post: Day 11 of $QQQ short term up-trend; QQQ is gaining strength, H+S top pattern no more; $IREN had a high volume retake of its green line, see daily and monthly charts.
IREN caught my eye when it hit an ATH on above average volume on Tuesday and closed back above its green line. Note the high volume GLB a few days ago. It has an IBD/MS COMP=94 and the ACC/DIS rating=A+, RS=99 and it is expected to become profitable this year. Screenshot IREN is a recent…
Zomato Shares Slump 2% on Receiving Rs 803 Crore GST Tax Notice – Equitypandit
December 13, 2024December 13, 2024 Shares of Zomato Ltd., a restaurant aggregator and operator of Blinkit, dropped more than 2% on 13 December after the company received a tax demand notice from the GST department. The meal delivery company has been ordered by the Thane Commissionerate, Maharashtra’s Joint Commissioner…
The Shorting View
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S&P 500, Nasdaq and Russell 2000 all ‘exhibit an increasingly bullish skew’: Citi By Investing.com
Investing.com — Positioning in the shifted to neutral last week after predominantly bearish sentiment since June, following Beijing’s announcement of a stimulus package, according to Citigroup strategists. Alongside the , both “saw the largest weekly step up in positioning from new risk flows,” the strategists said in a Monday note. Most regional indexes followed a…
Wednesday: New Home Sales
by Calculated Risk on 2/25/2025 07:41:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the mortgage purchase applications index. • At 10:00 AM, New Home Sales for January from the Census Bureau. The consensus is that new home…
