$STANCHART(02888)$ Standard chartered, saw the news it's partnering with OKX and it's on top of their partnership with Coinbase. DCA up since they buying their own shares actively too. For the long term. PS: not financial advice. Do your own research. 🙏😊🍀
Nasdaq's +50% Surge: What Technicals Say Happens Next
Since the second quarter of this year, the price action for the $S&P 500(.SPX)$ has presented a series of rare bullish signals, unfolding in a manner seen very few times over the last decades. Such events include a breadth thrust signal, two 90% up days on the NYSE, and the V-shaped recovery since April; a phenomenon observed recently in 2020, less recently in 2009, and in a few other years already studied in this Market Intelligence section. Each of these is a significant, rare bullish signal that individually provides statistical references for months of bullish momentum, which is precisely what we have seen.Today, we will study the $NASDAQ 100(NDX)$ following a major milestone: a 50% bounce from the
Most Volatile Earnings Season Coming! What to Focus?
The market expects Q3 earnings growth of 8%, marking the 9th straight quarter of YOY gains.But here’s the twist — historically, S&P 500 companies almost always beat estimates.💡 In 37 of the past 40 quarters, actual earnings topped forecasts.🔺 On average, actual EPS beats estimates by 7–8%.📊 If that trend holds, Q3 earnings growth could easily exceed 13%, making it the 4th consecutive quarter of double-digit profit growth.Actual earnings growth rate has exceeded the estimated earnings growth rate at the end of the quarter in 37 of the past 40 quarters for the S&P 500. The only exceptions were Q1 2020, Q3 2022, and Q4 2022.Earnings season: Justify the truth for AI capital spendingIn the upcoming earnings season, capital expenditures — especially those tied to artificial intelligence