Sensex Today Trades Higher; Nifty Above 23,450
Asian markets traded higher on Friday, following the overnight rally on Wall Street, and the release of economic data in the region.Japan’s Nikkei 225 rallied 0.54% while the Topix gained …
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Pound Sterling Weakens As UK Retail Sales Contract At Faster-Than-Expected Pace
The Pound Sterling faces a sharp sell-off as UK Retail Sales declined at a faster-than-projected pace in October. Weak UK Retail Sales data could boost BoE dovish bets for December. Investors …
Read More Gold Forecast: Continues To Look Strong
In my daily analysis of the gold market, it’s obvious to me that there are plenty of buyers out there that are willing to take advantage of the momentum. Furthermore, …
Read More 3 Dividend Aristocrat Utilities To Power Your Portfolio
Image Source: Dividend longevity is a highly desirable trait for income investors, and for good reason. Companies that have proven to stand the test of time, including competitive headwinds, recessions, …
Read More As Germany Faces A Potential February 2025 Election What Can That Mean For The Euro?
Image Source: German Chancellor Olaf Scholz’s coalition fractured after firing Finance Minister Christian Lindner, sparking an agreement for early German elections now set for February 23. Scholz will face a …
Read More The Market Is Betting On A New U.S. Manufacturing Boom
Image Source: After spending decades dismantling and exporting American industries, the folks in D.C. are suddenly all about bringing them back. And they’re having some success, to be sure.From where …
Read More Stocks Rally Despite A Stronger Dollar And Rising Inflation Expectations
Stocks finished the day mostly higher, with the S&P 500 advancing by roughly 0.50% and the Nasdaq 100 up about 0.25%.There was an unusual rotation within the S&P 500, with 436 …
Read More Cipla Indian Stocks Elliott Wave Technical Analysis
CIPLA – CIPLA (1D Chart) Elliott Wave Technical AnalysisFunction: Counter Trend (Minor Degree Grey)Mode: CorrectiveStructure: Impulse within larger degree Corrective StructurePosition: Minor Wave 1 GreyDetails: A larger degree correction might be underway as …
Read More Stocks And Precious Metals Charts – A Ranging Weakness
It was groundhog day on the equity markets, as stocks showed a ranging weakness, and then gathered themselves to drift higher into the close, although they gave back a bit …
Read More Nvidia Grabs Headlines But Market Reaction Has Work To Do
The first step on the move back to highs for indices started today, but it’s going to take a concerted effort by bulls to get there. The concern is that …
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