Gold & ETH - Who Follows Whom?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
I always keep an eye on Gold to gauge the overall market sentiment.
📚 I found the latest correlation between Gold and ETH interesting !
You know what? I will keep this post short, as the picture is self-explanatory !
The question is... Who follows whom?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
International
International Paper's CEO Change Sparks Investor ExcitementAndrew Silvernail's Appointment Triggers Bullish Surge in International Paper Stock
In a sudden and dramatic turn of events, International Paper ( NYSE:IP ) announced the appointment of Andrew Silvernail as its new Chief Executive Officer, sparking a wave of enthusiasm among investors. The stock surged by over 10% following the news, reaching its highest level in more than a year.
The decision by IP's board to replace Mark Sutton, who has helmed the company since 2014, with Silvernail comes as a surprise to many in the industry. Sutton, who will continue to serve as chairman of the board, expressed confidence in the succession process, emphasizing the importance of ensuring a smooth transition.
Silvernail brings a wealth of experience to the table, having previously served as an executive advisor at investment powerhouse KKR. Prior to that, he held CEO positions at Madison Industries and IDEX Corporation, demonstrating a strong track record of leadership and strategic vision.
Investors have greeted Silvernail's appointment with optimism, viewing it as a signal of positive change and renewed growth prospects for International Paper. Silvernail himself expressed confidence in the company's future trajectory, highlighting its strong position in the market and potential for expansion.
The market's bullish reaction to the leadership shake-up reflects growing anticipation of what lies ahead for International Paper under Silvernail's stewardship. With his proven leadership skills and strategic acumen, Silvernail is poised to lead the company into a new era of success.
Analysts are closely watching developments at International Paper, eager to see how Silvernail's vision and leadership style will shape the company's future direction. As the stock continues to soar, investors are betting on a bright future for one of the leading players in the packaging and pulp industry.
EuroNext major potential Cup and Handle - Upside to come to 1549Cup and Handle has been forming since August 2023.
Actually, what has formed is a V Pattern. Now there is a break down which could be a consolidation pattern forming.
During this time, we could see a Handle pattern - to complete the Cup and Handle.
If we see a breach above the brim level, we could see HUGE upside to come.
7>21>200
Price>200
Target 1,549
Either I am feeling too optimistic with January Effect, or we're in for great upside this year.
Let's see.
TARGET Reached at 183.90 on Dassault Aviation With Dassault Aviation a Cup and Handle formed, price broke up and out of the Brim Level.
We had confirming indicators showing strong upside including:
7 >21 >200
Bullish bias
Target EUR 183.90 which it hit.
Now it looks like the price is going to retrace a bit, move sideways and create a new bullish formation to get into.
I'll let you know!
IBM | Technical Breakouts, Waiting For a RetestHi,
IBM got a rejection from quite an important area and the rejection guided the price through some strong price levels - breakouts.
Do your own fundamental research and if this matches with my possible bullish scenario then wait for a retest around $117 - $134 and you are ready to go.
Happy Independence Restoration Day in Estonia!
Regards,
Vaido
Bet On The House LVS has emerged from the trenches of its COVID-induced bottoms as it had at one point over doubled from its trough. Yet, recently it has seen another bear market as it has sold off roughly 25%. However, the company is in a way better position to capitalize on both the reopening of the world economy and cheaper financing from lower rates. The finances support this backdrop as its current asset has risen to $5.63B as its liabilities have remained subdued to $2.46B as of Q1 2021. This gives it a current ratio (assets/liabilities) of 2.3, the healthies the company has seen in several years.
Additionally, the company owns some of the best gambling assets in the world including the Venetian in Las Vegas, Marina Bay Sands in Singapore, and the Parisian in Macau. These assets may flourish as travel pick up around the world. Individuals and businesses will begin to spend more money on leisure and conventions which will ultimately drive the bottom line for these assets. Las Vegas Sands's global exposure also allows for diversification and global exposure to entertainment opportunities. The company has also flirted with the potential for a sports gambling and esports division which could drive growth in the future.
Finally, the company releases on July, 21 which will give a portal into the outlook of its revenue and income. This will be the ultimate driver of the price action of the stock in the short term.
Bet on the house.
Rotation in international marketsIntroducing the Buffett Indicator
One aspect of the recent rotation from growth stocks to value stocks is that investors have been rotating into undervalued markets that have suffered ten-year downtrends. The "Buffett Indicator" provides a way of comparing country-wise stock market valuations. The indicator divides total market cap (TMC) by GDP plus Total Assets of Central Bank (TACB) to calculate the Implied Future Return (IFR):
TMC / (GDP + TACB) = IFR
Developed Markets
Of the developed markets, Singapore ranks best for Implied Future Return:
Singapore ($EWS): 6.8%
Spain (EWP): 4.9%
UK (EWU): 4.7%
Australia (EWA): 4.0%
Most other developed markets have negative IFR. Of the emerging markets, Egypt has IFR above 25%, and Pakistan above 10%. Turkey, South Africa, and Indonesia are all above 8%.
Now look at how some of these indexes have been trading. Australia was one of the first to break out of its long down trend in November of last year:
Spain also broke out in November:
Now the UK has broken out as of yesterday, as you can see in the chart above. Singapore is lagging a bit in sympathy with China, but you can see that it's making a run at its trend line:
Emerging Markets
The developed markets have definitely outperformed the emerging markets in this rotation. That's because developed market currencies have been crushing the emerging market currencies. I think that we could start to see some emerging market strength, though. South Africa is climbing:
Here's Turkey, struggling to break that trend line:
Egypt looks to be working on a U-shaped bottom:
Providing this Israeli Innovation Fund a ZenMode $35 TargetThe Bank of Israel carried out a series of quantitative easing measures for the first time since the global financial crisis, buying government bonds of various types and maturities in the open market. As such, Israel stocks showed strength as economic damage from the coronavirus outbreak was less than initially feared.
Holds 39 stocks in its basket with AUM of $24.7 million. Contains an average trading volume of 8,000 shares.
Sector Breakdown:
Cyclical 2.9%
Defensive 30.3%
Communications 13.3%
Industrials 5.17%
Technology 48.2%
Top Holdings:
Ituran Location and Control Ltd
Gilat Satellite Networks Ltd
Taro Pharmaceutical Industries Ltd
The fund normally invests at least 80% of its total assets in securities that are included in the fund's benchmark index, depositary receipts representing securities included in the index or underlying stocks in respect of depositary receipts included in the index.
CFRA rated it a 1/5 on 12/31
Managed by Catherine Wood and running a 0.48% management fee.
Be careful with EURO longsJust that you understand what is going on. Only unwise would take a risk of massive euro buying in this situation. EURO is devaluating rapidly and big institutions got rid of it at best price. I suspect it was a planned action between several private European institutions who were holders of long term big euro reserves. And the dull ones who bought overpriced EURO (maybe a state establishment like ECB) started to sell immediately, loosing billions. Where did they invest the sell. Not in Euro for sure. Maybe gold, yen, bitcoin? God knows...
Observe closely the ongoing supply line!
Verus InternationalStock Symbol: VRUS
I was looking through the OTC markets today and stumbled across this one. Has had a nice spike up and now correcting. But what I'm interested in is thier latest news. "Verus international acquired controlling interest in N95 mask and biohazard suit manufacturer." This one could be an inverse head and shoulders. But with it being OTC their is a lot of risk involved. I will stay updated on this one.
Diversify and use 5% stoploss
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