Larry McMillan Stock Market Update Video 10/28/2024
By Lawrence G. McMillan
Join Larry McMillan as he discusses the current state of the stock market on October 28, 2024.
Join Larry McMillan as he discusses the current state of the stock market on October 28, 2024.
Sound bite for Twitter and StockTwits is: Dividend Growth Consumer. Results of stock price testing is that the stock price is relatively cheap. Debt Ratios are good. The Dividend Payout Ratios (DPR) are good. The current dividend yield is moderate with dividend growth restart, but has been inconsistent. See my spreadsheet on Lassonde Industries Inc….
It is not just the Jane Street Group LLC that saw promise in India’s lucrative derivatives markets. There are half-a-dozen other global trading giants which are fighting for a larger pie. Among them are US-based Citadel Securities, IMC Trading, Millennium and Netherlands-based Optiver. A Reuters report said that these firms are ratcheting up their presence…
‘Don’t follow leaders ‘Watch the parking meters’ Bob Dylan Like icebergs in the North Atlantic, the risks posed by Trump’s policies do not threaten just a slowdown in the shipping channels… but a catastrophic sinking of the whole damned fleet. We looked at tariffs yesterday, and saw how they might cause a worldwide depression, much…
Some off beat reads for the weekend: Elon Musk’s robotaxi is finally here (Verge) Setbacks for Congress in Haryana and J&K (Tribune) Casteism in Indian Muslim Society (Organiser) Maldives’ diplomatic reset with India (First Post) Advantage Saudi Arabia (TOI) The Middle East after October 7 (Engelsberg) Turkey is rattled by Israel (Al Majalla) China’s submarine…
Big Movers From Yesterday: We had a heck of a day on Wednesday, as we watched the options ideas that we hashed out for our premarket report take off and produce some very impressive intraday upswings. We ventured five possible targets and they all recorded huge moves up. We had the GLBE Weekly $35-40 Calls, the EAT Weekly…
The financial media has always had a peculiar fascination with randomness. One of the most stubbornly enduring newsroom stunts is to hand a reporter a blindfold, have them throw darts at a wall of ticker symbols, and then track the selected stocks throughout the year, as though this spectacle might tell us something meaningful about…