Stocks to Watch Consolidated Edison (ED US)$Consolidated Edison (ED.US)$ Daily Chart - [BULLISH ↗ **] ED US is holding above the ascending trendline support. As long as price holds above 107.5 support, price is expected to push towards 117.9 resistance level. Technical indicators are advocating for a bullish scenario as well. Alternatively: A daily candlestick closing below 107.5 support will open a drop towards the next support at 104.6. Mondel...
US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(JUN5) (ESmain.US)$(4 Hour Chart) -[NEUTRAL]We maintain neutral with a slight bullish bias as price is currently hovering around 5955 resistance level. A 4 hour candlestick closing above 5955 resistance level would open push towards 6035 resistance level. Technical indicators are mixed for now, with price holding above 21-EMA. Alternatively: A 4 hour candlestick closing below 5880 support level...
At the beginning of this year, Japanese stocks briefly led the global market, breaking a 34-year-old record high. However, the continuous depreciation of the yen has recently hindered their upward momentum. Unlike the strong surge seen from last year to earlier this year, Japanese stocks are now facing accumulating uncertainties. After reaching a historic high, the Nikkei 225 Index has been consolidating sideways for quite a while, fl...
Following the BOJ's recent departure from negative interest rates and its first rate hike in 17 years, Berkshire Hathaway is planning to issue yen-denominated bonds globally once again. Daiwa Securities strategist Atsuko Ishitoya suggests this may lead to increased investment in Japanese trading firms. Alongside Buffett, Wall Street giants like Goldman Sachs Asset Management are eyeing Japan, favorin...
Aisatsu Mooers! As mentioned in my earlier posts, Japan now is facing a booming economy that is witnessed by its upward trending stock market (*1) and cheap big houses (*2). Many Mooers would like to take this opportunity to ride the upward ride and huat big big.After huat big big from their investment, Mooers may travel to Perth, Australia for a Gyrocopter experience. More information can be found here:https://gyrocopterexperience.com/perth ...
Cui Nyonya Kueh : Thank you, see you tomorrow!