You see, a life after being a headless bird for a few days.
Wall Street all but wiped out Monday’s big losses in Friday afternoon’s trading session, but it went down and left a few small red ink blobs on the table.
the
For the week, the S
Meanwhile, the tech-heavy Dow Jones and Nasdaq fell for the week by 0. 6% and 0. 18%, respectively, a virtually shrinking margin of error after Monday’s decline.
You wouldn’t be surprised to learn that last week saw the highest volatility week of 2024 for the market.
The Dow Jones fell 1,000 points on Monday, while the S
Disappointing US jobs data from the previous week and considerations that the Federal Reserve was too late on rate cuts were the main culprits for the selling, along with the dismantling of a popular monetary industry through of the hedging budget (the industry bringing in the yen) after the Bank of Japan. raised interest rates.
In fact, the fears about the US economy were irrational and manufactured: what triggered the panic attacks was that panic spread through the hedging budget and others as they exploited their deals in the yen carry industry.
This week, inflation and retail sales in the United States are a brake on markets and investors (a rate cut is a certainty for September, according to forecasts and market surveys). Adding to these pressures is the disappearance of widespread confidence that Donald Trump has the possibility of winning the November elections. Kamala Harris made a bet on the tie, and some polls show her price has a small lead.
This has forced many speculative investors and other very wealthy investors to think again that they are strong for Trump.
The savvy investor will have noticed that Warren Buffett chose the peak of Apple shares to sell and take profits. . . mmm.
So Wall Street is back to where it was a week ago, but that masked the big rally in mega-caps, led by Apple, which survived the news that Warren Buffett sold some of Berkshire Hathaway’s stock by taking a lot of cash and going into United States Treasuries. . .
In fact, after predicting the end of megacap trading after Monday’s one-day crash, all seven have responded with big gains and, in the case of Meta and Nvidia, massive gains over a four-day period.
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Increases across the board of Deep Leads’ resources: quality, tonnage and target area ABx Group has reported a 30% increase in its mineral resource estimate (MRE) at Deep Leads’ rare ion adsorption clay (IAC) earth deposit in northern Tasmania. The accumulation in MRE comes from 36 tested outlets, representing a significant northward extension for the existing Deep Leads prospect.
Lake Resources (LKE. ASX) – LKE has signed two non-binding memorandums of understanding in the 10-day area. Ford Company (Ford) signed a memorandum of understanding for around 25,000 t/year and last week, Hanwa, a Japanese raw materials trader, signed a memorandum of understanding for up to 25,000 t/year. Subject to execution, this is a feat as Ford and Hanwa are set to engage in longer-term strategic partnerships with LKE. Commercial negotiations are still ongoing but should, if Ford and Hanwa inject new capital into LKE, further de-risk the project financing and thus ensure that LKE and Kachi are fully funded.
Two recent gravity studies have particularly exceeded expectations and revealed prospects for extension of the existing MRE at Throssell Lake, as well as a significant expansion opportunity at Yeo Lake. This reinforces the prospect of a multi-decade SOP Tier 1 production center around Lake Throssell.
TMG is currently completing work for the PFS planned in early 2023, adding the start of drilling in the third quarter of 2022, evaporation testing and authorization activities. The effects of those systems will affect the PFS and any long-term resource updates.
SOP reference prices have increased to around $940/t due to recent geopolitical developments. The October 2021 scoping study assumed an SOP value of $550/t and contained a sensitivity study showing that each 10% accrual in value effects amounted to $144 million accrued to the NPV of the $364 million allocation. The accrual of around 70% compared to the scoping study implies an NPV of the allocation of approximately $1. 4 billion.
Despite the fall in oil and fuel prices, which fell by 5. 4% and 19. 7% respectively in August, Calima managed to show an improvement in its main indicators.
WT Financial Group Limited (WTL) is a rapidly growing diversified monetary company, founded in 2010 and indexed on the Australian Stock Exchange (ASX) in 2015. Its recommendations and product offerings are provided primarily through an advisory organization independent monetary advisors who act as legal advisors. representatives. WTL in relation to its broker organization activities Wealth Today Pty Ltd (Wealth Today) and Sentry Group Pty Ltd (Sentry Group). It has approximately 275 advisors in over two hundred money advice companies across Australia. It also operates a direct-to-consumer operation under its Spring Financial Group brand.
In May 2021, Corporate Connect analyst Marc Sinatra published a full study report on ASX-listed biotech Immutep Ltd (ASX: IMM). It was so inspired by IMM that Corporate Connect found it imperative to publish a follow-up report valuing the company, as the market did not see the great prospects of eftilagimod alfa (efti).
This monitoring report was published today. Using comparables, after adding a monetary rebate to its EV estimate and dividing by the total number of percentages issued, Corporate Connect now puts the fair price of a percentage of Immutep at A$2. 20.