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Succumbing to market pressure, crude producers' group OPEC and its 10 non-OPEC allies intervened to deepen their ongoing output cuts of 1.2 million barrels per day (bpd) by another 500,000 bpd on Friday (December 6) following the conclusion of their meeting of ministers in Vienna, Austria. In a surprise for the market, OPEC revealed that bulk of the burden will largely fall on Saudi Arabia's shoulders, with the kingdom announcing it would cut "voluntarily" ...
Here are the Dow stocks that are likely to outperform in the month of December. Of the top 15, these stocks show rising weekly dynamic cycles for at least 21 days in December and are considered buys for the month: UTXXOMTRVDISMMMVKO Regarding the weakest 15, these stocks show declining weekly cycles and are suitable short sales: CSCOCAT ...
The Dow Jones Industrial Average ended last week just above 28,000 with only three components setting all-time intraday highs: Apple (AAPL), Microsoft (MSFT) and United Technologies (UTX). more...
Cycles select the best November stock recommendations. For the month of November, this concept is applied. First, the Dow Jones 30 stocks were ranked from the best performer to the worst by calculating the percent of Octobers in which the stock rose in that month. The top 15 were screened in the following manner. If the weekly cycle pointed up, the stock is considered a buy. In order to qualify, the weekly cycle had to rise for at least ...
Litecoin prices declined in September, amid profit taking and development concerns. Will the altcoin rebound in the coming months? Litecoin prices declined in September, enjoying notable gains earlier in the month and then falling sharply as traders sold off the altcoin (cryptocurrency other than bitcoin). “After a meteoric rise in value this year, Litcoin has been consolidating in recent months due to profit-taking and the generally poor ...
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