Stocks to Watch Broadcom Inc (AVGO US)$Broadcom (AVGO.US)$ Daily Chart -[BULLISH ↗ *]AVGO US is holding above its ascending trendline support. As long as price is holding above 173.85 support level, we expect price to drift down towards its ascending trendline support before drifting towards 199.50 resistance level. Technical indicators advocate for a bullish scenario as well. Alternatively: A daily candlestick closing below 173.85 su...
US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(DEC4) (ESmain.US)$(4 Hour Chart) -[BULLISH↗ *]We turn bullish as price pushed above 5810 resistance level. As long as price holds above its resistance-turned-support level at 5810, we expect price to continue pushing towards 5860 resistance level. Technical indicators are leaning towards a bullish scenario. Alternatively: A 4 hour candlestick closing below 5810 sup...
US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(DEC4) (ESmain.US)$(4 Hour Chart) -[NEUTRAL]As expected, market pushed lower reaching previous target before rebounding sharply. We turn neutral for now given the wild swings in prices. With price consolidating between 5580.25 resistance and 5539.25 support. A candlestick close above 5580.25 resistance will open further rise towards next resistance at 5665. Alternatively:...
Market News 【United States】 Data from the U.S. Census Bureau shows that in July, new housing starts in the United States fell by 6.8% month-over-month, with an annualized rate dropping to 1.238 million units. This figure is lower than the market expectation of 1.33 million units and marks the largest decline since March. This contrasts with the revised 1.1% increase from the previous month. US Jobless Claims, Business Activity Keep Economy On Gradual...
They sold it in 2019, turning the 700mil investment into $3.3b. That stake would have 200x into this year and would have been work a staggering: $168,000,000,000 The entire market cap of Softbank is worth $93b. I am not sure there is any lesson here apart from holding good companies. They did hold their$Arm Holdings (ARM.US)$stake which they bought just before the$NVIDIA (NVDA.US)$buy. Softbank owns 90% of ARM which gives it a major stake worth $100b+, however the buy was done at a higher v...
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