Be patient
Source: Trung Phan
Commodities today...
Source: Markets & Mayhem
Inflows to equities accelerated to +$12.88bn (largest in 2 months) this week.
via BofA
The world's top 10 R&D spenders by Quartr
Did you know that $AMZN has spent more on R&D over the last twelve months than $GOOGL and $AAPL combined?
LVMH Approaching an Interesting Zone
LVMH (MC FP) has consolidated 17% since the March highs. It's now filling in the January earnings gap zone between 690-730. It has also reached the 61.8% Fibonacci retracement level and is in the discount zone for prop traders. The major long-term support swing low is at 644. Keep an eye on this stock over the next few days. Source : Bloomberg
Consistency
Source: Seek Wiser
Intuit Reaching Strong Support
Intuit (INTU US) has been under significant pressure since the earnings release last Thursday, dropping by 12%. The stock is now approaching the last swing low support on the long-term trend (weekly chart). Keep an eye on this crucial support zone between 585-595. Source: Bloomberg
Japan’s population has now been contracting for almost 15 years
At the same time, number of vacant homes there has risen significantly Now reaching the 9 million mark At this rate, Japan’s demography poses long-term sustainability risks for their economy Source: Game of Trades
