U.S. Stocks: The Dow fell 1.25%, the S&P 500 dropped 2.31%, and the Nasdaq decreased by 3.64%. Bonds: The yield on the 10-year U.S. Treasury increased by 2.15 basis points to 4.2720%. The 2-year Treasury yield fell by 8.13 basis points to 4.4101%. Commodities: WTI September crude oil futures rose $0.63, or 0.82%, to $77.59 per barrel. Brent September crude oil futures increased by $0.70, or 0.86%, to $81.71 per barrel. Spot gold fell 0.49% to a daily low of $2396.84 per ounce. LME...
OceansWave
:
If it does not go up, it definitely goes down lol.. it has but we can see 60 is its strong support.. and 64 is its resistance.. when it hit 64 it was at nearing 70% RSI overbought area.. I would still hold long term for this stock and DAC my end (not financial advice).. this stock is more for long term for my personal opinion..
More companies are now able to achieve $1M in revenue with fewer staff. In fact, S&P 500 companies are 70% less labor-intensive than they were in the 1980s. Why does this matter? A leaner operation means higher profit margins. By analyzing revenue per employee, we can assess the efficiency, cost management, and scalability of different companies. With the rise of artificial intelligence, this trend of "doing more with less" is li...
Following President Biden's announcement of withdrawal from the presidential race, stocks expected to benefit from a "Democratic victory," such as renewable energy, solar companies, electric vehicle manufacturers, and cannabis stocks, began to rise. Meanwhile, "Trump trades" like oil and gas, financials, and healthcare stocks began to cool. Analysts suggest that if Harris becomes president, she may adopt more ag...
The recent buzz surrounding former U.S. President Donald Trump has heightened expectations of his potential victory in the upcoming U.S. presidential election. As a result, the market has once again witnessed the emergence of the "Trump Trade." For the first time, the yield on 30-year Treasury bonds has exceeded that on 2-year bonds, the futures of the three major U.S. stock indices have collectively risen, and the pric...
Here are Thursday’s biggest calls on Wall Street: Bank of America reiterates Nvidia$NVIDIA(NVDA.US)$as buy Bank of America said it’s sticking with its buy rating on Nvidia and that investors should “focus on fundamentals.” “So we understand the rotation away from AI/data-center semis towards industrial/auto/consumer, but it’s not supported by fundamentals and is likely short-term positioning driven.” Go...
many would ask why mine is a covered stock?? Its because I am selling covered calls too.. each of my stock profile, i would have 100 shares of each.. selling calls is a bearish move to earn the premium and cover some losses of that stock.. its a form of risk management although it does not ...
The Dow fell 1.25%, the S&P 500 dropped 2.31%, and the Nasdaq decreased by 3.64%.
Bonds:
The yield on the 10-year U.S. Treasury increased by 2.15 basis points to 4.2720%. The 2-year Treasury yield fell by 8.13 basis points to 4.4101%.
Commodities:
WTI September crude oil futures rose $0.63, or 0.82%, to $77.59 per barrel. Brent September crude oil futures increased by $0.70, or 0.86%, to $81.71 per barrel. Spot gold fell 0.49% to a daily low of $2396.84 per ounce. LME...
Why does this matter?
A leaner operation means higher profit margins. By analyzing revenue per employee, we can assess the efficiency, cost management, and scalability of different companies.
With the rise of artificial intelligence, this trend of "doing more with less" is li...
For the first time, the yield on 30-year Treasury bonds has exceeded that on 2-year bonds, the futures of the three major U.S. stock indices have collectively risen, and the pric...
Bank of America reiterates Nvidia $NVIDIA(NVDA.US)$ as buy
Bank of America said it’s sticking with its buy rating on Nvidia and that investors should “focus on fundamentals.”
“So we understand the rotation away from AI/data-center semis towards industrial/auto/consumer, but it’s not supported by fundamentals and is likely short-term positioning driven.”
Go...
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