
Gold bull market: Buy mines now?
Gold has gained 50% in two years, but Newmont Mining has lagged behind. Seasonality shows its strongest phase is from November 27th to April 11th, with an average gain of 24.04%. Could now be the time to catch up?
Gold has gained 50% in two years, but Newmont Mining has lagged behind. Seasonality shows its strongest phase is from November 27th to April 11th, with an average gain of 24.04%. Could now be the time to catch up?
Over the last 10 years the Nasdaq has returned an average of -0.90% over the first 2 days of December. The so called ‘turn on the month effect’ does tend to be positive for stocks, but the Nasdaq bucks this trend around the turn of December showing a 70% losing bias over the last 10 years.
Nvidia unveiled strong fiscal Q3 results, with a 94% revenue jump to $35.1 billion, driven by AI-fueled demand for its chips. However, its forecast for Q4 sales of $37.5 billion fell short of some Wall Street expectations. The launch of its new Blackwell chips has strained margins, though production is ramping up to meet high demand.
With President Elect Trump expected to run inflationary policies that draw heavily on tariffs imposed on China and other countries the base expectation is for more USD strength. However, this narrative is a consensus view and if Donald Trump surprises everyone with a more conciliatory view to world trade that could result in a swift rise in the EURUSD pair.
German Chancellor Olaf Scholz's coalition fractured after firing Finance Minister Christian Lindner, sparking an agreement for early German elections now set for February 23. Scholz will face a confidence vote on December 16, leading to the election if he loses.
Using Seasonax’s event feature shows us the impact of the EURUSD over the 5 German elections. Every one of them has resulted in further EUR downside.
Bitcoin surged past $82,000 for the first time last week making new highs, driven by President-elect Donald Trump's pro-crypto stance and the potential for a Congress with crypto-friendly lawmakers.
The shift in political landscape is expected to lead to more supportive regulation, boosting the crypto market. So, does this mean Bitcoin can enjoy a further rally into year end?
If CPI data on Wednesday comes in below market’s expectations markets may reprice rate cuts sooner, though a more definitive policy adjustment may be delayed if inflation proves resilient.
When Trump first took office, he made waves in sectors like defense, traditional energy, and financials; he favored industries that aligned with his pro-business, domestic-focused agenda. Now, with Trump 2.0 in the White House, we’re diving into a potential golden age for "presidential stocks"—companies primed to rise with policy shifts that could drive the market.
Monster Beverage Corporation, based in Corona, California, is a holding company that operates primarily through its subsidiaries. Seasonal data for the company’s share price show a very strong trend into the end of the year. From November 12 through to December 25 Monster has a 90% winning trade percentage and an average return of over 9%.
The UK’s Competition and Markets Authority (CMA) has provisionally approved the £15 billion ($19.5 billion) merger between Vodafone Group Plc and Three, contingent on their commitment to major mobile network investments across the UK.