Some experts are warning that the economy will take a “major hit” next year as the Fed struggles to combat inflation. For example, Deutsche Bank on Tuesday became the first major bank on Wall Street to forecast a recession next year, albeit a "moderate" one, thanks to the combination of surging inflation and rising interest rates. Weekly price of Deutsche Bank stock was bounced from 9.46 bearish support area to above for crossing Ichimoku ...
The stock price of Caterpillar has seen a rise of 19% over the last month, while it is up 7% YTD, outperforming the broader markets with the S&P 500 rising 5% over the last month, while it is down 5% YTD. The broader markets have seen increased volatility due to global geopolitical factors and... more...
Wells Fargo’s stock has gained approximately 7% YTD as compared to the 5% drop in the S&P500 index over the same period. Further, at its current price of $51 per share, it is trading 16% below its fair value of $61 – Trefis’ estimate for Wells Fargo’s valuation. The mortgage banking giant posted... more...
Credit Suisse’s stock has lost approximately 16% YTD as compared to the 7% drop in the S&P500 over the same period. Further, at its current price of $8 per share, it is trading 17% below its fair value of just above $10 – Trefis’ estimate for Credit Suisse’s valuation... ------------------- The chart (above) was made using Metatrader 5 with Simple BrainTrading SMA trading system (this trading system is attached to the post as zip ...
Applied Materials Inc. stock price grew more than 4x from around $33 at 2018 end to $134 currently, driven primarily by an almost 3x jump in its P/S multiple. Additionally, a steady rise in revenues and a drop in the outstanding share count further helped boost the company’s share price.... more...
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