The gold price recorded an all-time high in 2023, supported by financial and geopolitical instability. Investors are now watching intently to see what 2024 might bring. Here’s […]
Trends that could affect the price of gold in 2024
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The stock had an RSI of 97 before falling back.
Super Micro Computer, SMCI, fell 15 percent in 10 minutes after briefly crossing 1,000 per share. Last Thursday we noted that the SMCI had a daily RSI […]
Hopes grow for a break in Brazil’s drought on stock market listing
“There is a huge pent-up demand because we haven’t had an IPO in Brazil for more than two years,” says Roderick Greenlees, global head of investment banking […]
US bitcoin funds see $4 billion in inflows
US Bitcoin funds, known as exchange-traded funds or ETFs, have just reached net inflows of USD 4 billion. Yesterday was the largest net inflow of USD 651 […]
Higher for longer
“It’s official, Higher for longer, or as it is called in Swedish, högre för längre is back! For the first time this year, markets are now pricing […]
The silent bull market
The Japanese stock market’s benchmark index, the Nikkei 225, closed up 1,066.55 points. The Japanese stock market by entering the silent bull market is now very close […]
Microsoft is twice the size of the energy sector
With a market value of $3 trillion, Microsoft is twice the size of the entire energy sector in the S&P 500, generating twice Microsoft’s annual free cash […]
S&P500 trades at 5,000 for the first time ever
The US benchmark S&P500 index is trading at 5,000 for the first time ever. Since October 27, 2023, when this index bottomed out, it has now risen […]
Microsoft reaches three trillion market capitalization
Microsoft has become the world’s second company with a market capitalization of 3 trillion dollars. LinkedIn’s parent company recently closed above this market cap, after flirting with […]
A record amount of government debt will fall due next year
A record $8.9 trillion of government debt will come due in the US next year. At the same time, the country’s public deficit in 2024 is projected […]
