Oil Rally Resumes Amid Gap Up; Gas Faces Trendline Rejection
Overall Analysis Oil gets back in a bull rally with a gap up after the previous session breakdown. Oil continues to rally towards the upside. Natural Gas continues its rally downside, and Major rejection from the trendline stays intact. Oil Chart Analysis Oil/USD 15-Minute Chart (Source: TradingView) On the 1st Nov 2024 trading session, oil…
Blackstone’s Stock: Wealth Assets Reach $250B
Blackstone’s stock is a one-off stock that has gained a boost from the company’s European growth in its private wealth division and its plans to expand to at least two other markets next year. This growth makes it a promising investment avenue for investors. Blackstone permits the giving of wealth products to customers, which only…
Joe Cavatoni: Gold Demand Hits Q3 Record, Western ETF Buyers Back in Action
Referring to the World Gold Council’s latest report, he highlighted the return of western exchange-traded fund investors. With interest rates on the decline and geopolitical turmoil still strong, they’ve been more eager to buy. ‘Overall holdings of gold in investment portfolios has been stable, but actually adding to gold allocations has required that opportunity cost,…
Top 10 Iron Ore-producing Countries (Updated 2024)
Iron ore prices have displayed volatility in the past few years as the world has dealt with the economic uncertainty surrounding COVID-19 lockdowns, the Russia-Ukraine war and rising levels of inflation. Prices for the base metal reached a record high of over US$220 per metric ton (MT) in May 2021, but it wasn’t long before…
Trump, Harris focus on the future of America in closing ads of 2024 presidential campaigns
Vice President Harris and former President Trump dropped the last ads of their 2024 presidential campaigns — both focusing their final pitch to voters on the ‘people.’ Harris’s ad focused on issues and a new generation of leadership, while Trump partnered with several of his most prominent teammates, such as Robert F. Kennedy Jr. and…
Russia remains ‘active threat’ in influencing 2024 election, likely to focus on swing states: U.S. officials
American intelligence officials released a recent statement warning about Russian actors conducting ‘additional influence operations’ to impact the upcoming election on Tuesday. The Office of the Director of National Intelligence (ODNI) published the latest update on its website on Monday evening. Speaking on behalf of the Federal Bureau of Investigation (FBI) and the Cybersecurity and…
Bitcoin & Ethereum: Sharp Fall on Oct 31, Potential Selling
Overall Analysis Bitcoin fell sharply on 31st Oct from higher levels, indicating profit booking, and missed a time high of just 300 points. The selling trend might go long. Ethereum continued respecting levels from higher time frames and fell sharply in the 31st Oct trading session. The price might break major support levels, triggering massive…
Big Pharma Stocks Eli Lilly, AbbVie and Pfizer Share Q3 Results
Major pharmaceutical players Eli Lilly (NYSE:LLY), AbbVie (NYSE:ABBV) and Pfizer (NYSE:PFE) reported mixed Q3 results, with each company facing distinct market forces, ranging from supply issues to financial constraints. In its latest quarterly report, released on Wednesday (October 30), Eli Lilly missed on sales expectations for Zepbound, its popular weight-loss drug, and Mounjaro, its diabetes…
Fission Uranium Grows Athabasca Basin Portfolio by Staking New Assets
Fission Uranium (TSX:FCU,OTCQX:FCUUF) has expanded its uranium exploration portfolio in and around Northern Saskatchewan’s Athabasca Basin by staking four additional properties. According to the company’s Thursday (October 31) press release, the new sites, called Typhoon, Corsair, Merlin and Seahawk, encompass thousands of hectares and are situated near established uranium-producing areas and deposits. Typhoon, which is…
Harris asked how she’s ‘feeling’ 48 hours from election, tells reporters Trump ‘lost’ in 2020
Democratic presidential candidate Vice President Harris was asked at the top of a press gaggle of reporters in Detroit, Michigan, ‘Simply, how are you feeling and have you submitted your ballot?’ Harris, 48 hours from Election Day, admitted that ‘everyone’s a little tired’ and ‘sleep-deprived.’ ‘I am feeling great, I am looking forward to these…