The US and China are the ones investing massively in innovation and the future
Europe is lagging and prefer first to debate about regulating AI. Thsi could have serious consequences in terms of competitivity, productivity and economic growth. Source: Standard Chartered, Michael A.Arouet
Honeywell back on support level
Honeywell (HON US) is retesting support zone 184-186. If that level doesn't hold, next support will be 178 and major one 167-170. Source : Bloomberg
Learn anything…using the Feynman technique
Source: safalniveshak thru Vishal Khandelwal
Warren Buffett’s Financial Statement Rules of Thumb
Source: Brian Feroldi
There is a new penny stock...
After a 17-month trading hiatus, Evergrande trading resumed only to quickly become a penny stock Source: Barchart, Bloomberg
Get ready for 0DTEs, Europe
Source: Markets Mayhem, Bloomberg
Magazine covers happen to be quite effective as contrarian indicators (i.e peak pessimism usually takes place at the bottom; peak optimsim at the top).
Could The Economist cover page on #china (Xi's failing model) coincide with a bottom for Chinese equities? China stocks surged on Monday after authorities announced a package of measures over the weekend to boost investor confidence, including halving the stamp duty on stock trading. China’s blue-chip CSI 300 Index jumped roughly 3% in early morning trade, on course for its best day since November, while the Hang Seng benchmark advanced more than 2%.
As Torsten Slok from Apollo posted this weekend, a US corporate default cycle has started the markets are not paying attention
Source: Vignesh Vijayakumar
