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Guesstimates on September 13, 2024
September S&P E-mini futures: Inflation is coming down and the Fed is unlikely to tighten any more. A swing up to 6000 is underway. QQQ: Support is 425. Resistance is 500. TNX (ten year note yield): The 3.75% level is support. A swing up to 5.50% is underway. Euro-US Dollar: The Euro is likely to…
Thursday: New Home Sales, Unemployment Claims
by Calculated Risk on 5/22/2024 07:51:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 220 thousand initial claims, down from 222 thousand last week. • Also at 8:30 AM, Chicago Fed National…
Retail investors cut stake in these 8 multibagger smallcap stocks. Are you in or out? – Retail exit
The winds of change are sweeping through the smallcap universe. In a surprising twist, retail investors have quietly trimmed their stakes in nearly 278 smallcap companies during the September quarter, even as many of these stocks were sprinting ahead. (Retail investors: resident individuals holding nominal share capital of up to Rs 2 lakh). About 225…
Trading Psychology Principles and Best Practices
* Principle #5: Trading is a team sport. I recently described a number of ways in which teamwork magnifies our learning and spurs our performance. Teaming up with other dedicated traders adds layers of accountability to our decision making; it also provides us with multiple inputs for trade ideas and ways of managing risk. …
Wall Street gives up earlier gains as hopes wane for tariff delays, deals
Wall Street’s main indexes flitted between red and green on Tuesday afternoon after rallying sharply in the morning as investors’ hopes ebbed for U.S. delays or concessions on tariffs ahead of a midnight deadline. After stocks tumbled at their fastest pace since the pandemic in the last three days investors showed some signs of hope…
Astra Microwave Products Shares Surge 6% on Securing Rs 259 Crore Defence Order – Equitypandit
December 13, 2024December 13, 2024 Shares of Astra Microwave Products Ltd (AMPL) surged 6% on Friday, 13 December, after the company’s joint venture (JV), Astra Rafael Comsys Private Limited, worth Rs 255.88 crore from the Ministry of Defence. In its regulatory filing, the company said that the order is…