To The Moon

Travelers TRV Did a Strong Rally Missing the Blue Box Area March 19, 2024 By EWFLuis The Travelers Companies, Inc., TRV, is an American insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents. Weekly TRV Chart July 2023 Weekly TRV Chart July 2023 TRV ended a great super cycle in the year of 2019 reaching a peak at $154.86 which we call the wave ((I)). Then the market made a quick and strong correction driven by the COVID19 pandemic in 2020. The company lost 50% of its value reaching $76.99 per share in March. This culminated wave ((II)) and we are currently building wave ((III)). Wave (I) of ((III)) ended at $194.51 in January 2023 building an impulse and

Daily Mail UK has reported the following in a recent 28 August 2023 news article: Growing numbers of Americans are being left without access to basic financial services as banks have axed more than 1,000 branches this year, DailyMail.com can reveal. Data from S&P Global Market Intelligence shows a total of 1,144 national and regional banks were closed between January 1 and July 31 across 49 states - and firms are pulling out of some areas faster than others. Accelerating closures run a risk of communities becoming so-called 'banking deserts' - when they are without access to a bank or credit union within 10 miles - leaving residents increasingly vulnerable to falling prey to high-fee lending options such as payday loans. The axings are not limited to small banks in rural comm

The $E-mini S&P 500 - main 2309(ESmain)$ is displaying a compelling technical setup. Currently riding the waves of an uptrend channel pattern, the market finds itself in close proximity to a minor resistance level. Traders closely eyeing this situation believe that a decisive breach above the key level at 4531.75 could pave the way for a noteworthy ascent towards the upper boundary of this channel. 1 hour chart This scenario sets the stage for an intriguing trade idea. Should the E-mini S&P 500 successfully overcome the 4531.75 resistance barrier, it could signal the resumption of the prevailing uptrend. Traders could consider going long on E-mini S&P 500 futures, capturing the potential gains as the index strives to reach higher w

The "August curse” has occurred, the $S&P 500(.SPX)$, $NASDAQ(.IXIC)$ , $DJIA(.DJI)$ closed down 1.77%, 2.17% and 2.36%, respectively, on a monthly basis.September is usually the worst month for U.S. stocks in history.According to CFRA data, since 1945, the $S&P 500(.SPX)$ has fallen more than half the time in September since 1945, with an average return of -0.73%.But this September may not be as bad as history predicts.This is according to statistics from Carson Investment Research: based on the statistics when the $S&P 500(.SPX)$ has risen more than 15% in the fir

Stance: BUY, Price Target: 70 (TA as of 2/7/2023) Fundamentally, there is no change to my stance on INTC. The charts look primed for further upside, and anyone not buying at these levels will chase much higher up. Refer to my initial coverage here: https://ttm.financial/post/184635010363424 Let’s look at the monthly chart: There are some key things worth noting about the monthly chart, namely: We continue to hold the 29.30 yearly Fibonacci extension as support for the third month in a row, which should turn it into a much stronger support for a push higher We closed over both the 200 (33.17) and 225 MAs (31.99) for the first time in 10 months - many a times these longer-term MAs act as very strong supports in stable trends We closed the month with a MACD bullish crossover for the first

With 6 months left before 2023 is officially over, is it timely to explore and see if there is anything else that is worth investing? One area that I am keen is Metals. Immediately, metal “gold” comes to mind, right? Actually, it is a “misnomer” to think that gold is the alternative in times of inflation. Really? Yes, really (see below). Above is US inflation rate through the decades, stopping short of the current cycle. Gold "mixed" performance during inflation years By matching the US inflation table against this table, it shows returns from (a) commodities (b) REITS and (c) gold. The outcome is “obvious”. Rounding off, latest IG news dated 25 May 2023 indicated that gold prices will end lower as US Treasury yields continue to rise. With 2 more planned interest hike by the Fed in

I have made quite hefty losses in the first half of this year by buying many China equities such as $Alibaba(09988)$ and $JD.com(JD)$ . Also I lost out on housing stocks and i liquidated My tech stocks early such as $Apple(AAPL)$ [Cry] Typically, when the stock market falls, bonds provide the ballast to your portfolio as investors rush into the safety of fixed income. Last year, however, the decline in stocks happened in part because of what’s been going on in the bond market. The Fed aggressively raised interest rates to help fight the highest inflation in four decades. Since bonds were starting from such a low yield, the

Stock markets closed the day with solid gains, marking the end of a record week, month, quarter and first half. During the week, several important macroeconomic events also took place. Most Active Stocks $Tesla Motors(TSLA)$ $Apple(AAPL)$ $NVIDIA Corp(NVDA)$ Most Active Stocks MAIN EVENTS PCE - The figures showed a 0.1% month-on-month and 3.8% year-on-year increase in the May PCE index, the nation's favorite inflation indicator. Fed. While these numbers represent a slowdown from April, they were generally well received. Some observers pointed to this as a positive for fighting inflation, while others noted that underlying inflation persisted. GDP - The report