tradingswift

tradingswift

Treet Batteries Limited (TBL) manufactures and supplies a variety of batteries including lead-acid, lithium and nickel-based batteries. The company is a subsidiary of Treet Corporation Limited (TCL) and operates both locally and internationally. Key Financial Ratios Gross Profit Margin: 19.9% Operating Profit Margin: 9.2% Net Profit Margin: -5.5% Risks: High...

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“Accelerated computing and generative AI have hit the tipping point. Demand is surging worldwide across companies, industries and nations.” says Jensen Huang - CEO of NVIDIA. The company has reported record 126% growth YoY. Nvidia stands as the fourth largest company in terms of market capitalisation. The company revenue is expected to grow as highlighted in...

tradingswift

QQQ is the most famous ETF with AUM of $246.17 Billion. YTD return is around 3.49%. 35% from the top 10 holdings are in uptrend and most are involved in the AI theme specially Nvidia and Microsoft. This is the time to invest in QQQ and play the AI theme.

tradingswift

NASDAQ:INTC has broken the resistance and is steadily moving upwards. Buy volume has increased. Entry can be made with stop loss at $ 40.03.

tradingswift

Price has bounced from the support at 200MA 27,029 High volume since 13 Oct More upside is expected in the coming weeks

tradingswift

Support was broken at 4,330 Price went back up at 4,241 Support that turned into resistance at 4,330 failed to break and the price went down again Manage your risk and do not enter new trades The current view is an extension of the idea posted on 18 Aug 23. We have been proved right until now.

tradingswift

Fed minutes have highlighted a concern over the inflation and more hikes might be required to bring inflation under controls. Markets have responded through a huge sell over past few days. Bond yields continue to rise putting pressure on the stock market. Crypto markets are under pressure too.

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SSR Mining Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of precious metal resource properties in Turkey and the Americas. The company explores for gold, silver, copper, lead, and zinc deposits. Its projects include the Copler Gold mine located in Erzincan province, Turkey; the Marigold mine located in...

tradingswift

DRDGOLD Limited, a gold mining company, engages in the surface gold tailings retreatment business in South Africa. The company is involved in the exploration, extraction, processing, and smelting activities. It recovers gold from surface tailings in the Witwatersrand basin in Gauteng province. The company was incorporated in 1895 and is headquartered in...

tradingswift

IDEX has high volume since 24 April. It is trading above 50 DMA moving averages. IDEX is the First Layer3 Derivatives Exchange.

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Bitcoin is resurging after the wall street turns red. It has done a great job in acting as a safe heaven asset even leaving the gold behind. BTC activity is picking up and if SPX goes below 4,000 level, we could see bitcoin back up above the 30k level.

tradingswift

De-dollarisation drive could push the gold upwards as the world will look for alternatives. Above 2072 resistance level, there is a clear bullish view for gold.

tradingswift

Saudi stock market, also known as Tadawul, is the largest in the Middle East, and it has been in spotlight due to various economic reforms aimed at diversifying the country's economy and reducing its reliance on oil exports. The government's Vision 2030 plan includes initiatives to attract foreign investment, develop non-oil sectors, and privatize state-owned...

tradingswift

Saudi Tadawul All Shares Index is in a downtrend about to touch 200 DMA We will watch for a bounce at weekly 200 DMA

tradingswift

BTC has gained over $ 7,000 since the start of banking crisis proving to be a safe heaven asset in the times of distress. Gold on the other hand has gained over $ 100.

tradingswift

Beware if you are planning to short the market on Monday. Market went up after Bear Stearns acquisition was announced on 16 Mar 2008 until after May 2008 when it started going down again.

tradingswift

While everyone, including FED, is assuring that banks are adequately capitalised and there is nothing to worry about. These are not good signs. Manage your portfolio risk.

tradingswift

$FFIE is granting cash bonus, equity incentive to all active employees upon the commencement of production of FF 91 Futurist on or prior to 31 Mar 23 and the start of delivery of FF 91 Futurist on or prior to 30 Apr 23. Watch out for the March deadline.