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HSBC books 10% profit rise for third quarter, launches $3 billion buyback By Reuters
By Selena Li and Lawrence White HONG KONG/LONDON (Reuters) -HSBC Holdings posted a 10% rise in third-quarter profit on Tuesday, beating analyst estimates, as its wealth and wholesale banking benefited from slower-than-expected rate cuts while it embarks on one of the largest overhauls in its history. Europe’s largest bank posted pretax profit of $8.5 billion…
ADP: Private Employment Decreased 32,000 in November
From ADP: ADP National Employment Report: Private Sector Employment Shed 32,000 Jobs in November; Annual Pay was Up 4.4% “Hiring has been choppy of late as employers weather cautious consumers and an uncertain macroeconomic environment,” said Dr. Nela Richardson, chief economist, ADP. “And while November’s slowdown was broad-based, it was led by a pullback among…
BCI PODCAST 153: Closing a Covered Call Trade Mid-Contract
Exit strategies are a critical component to achieving the highest level of option trading success. This podcast will focus in on a situation where share price of the underlying security rises exponentially causing the time-value component of the premium to approach $0.00. A real-life example with NUE will detail when and why to close both…
Blog Post: Day 1 of $QQQ short term up-trend; GMI=5; 113 US stocks reached an ATH; QQQ retakes 30 week average, but must hold above it to possibly begin a Stage 2 up-trend, but we are not there yet. Also, watch the 10 week average.
The 30 week average needs to continue to curve up in order to begin a Stage 2 up-trend. As I have written, a down-trend can have QQQ rebound to the 30 week average and then fail. This week’s close will be very important.The GMI is still on a RED signal but could flash GREEN on…
Mega Trend: India MF AUM
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Cardano to $50 or This New Coin to 5,000% Gains First? – shareandstocks.com
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