On February 17, five large-cap stocks were flagged in the RSI Trending Up scan after gains of 2–5%. Their RSI readings crossed above 50 from lower levels, indicating strengthening price momentum and rising buying interest. Traders monitor this technical cue for potential bullish continuation in these stocks.Read More
On February 17, five Nifty200 stocks featured in the bullish White Marubozu scanner, indicating decisive buying control from open to close. The long, shadowless candlestick signals strong demand and improving price momentum. Traders often use this pattern to anticipate a potential continuation of the uptrend and make informed buying decisions.Read More
Asian stocks saw a modest rise in thin holiday trading, influenced by a volatile US session and concerns over the AI outlook. Investors are closely watching the Federal Reserve’s interest rate path, with mixed signals from officials regarding potential cuts. Attention also turns to the Reserve Bank of New Zealand’s policy decision later today.Read More
Successful investing, as Nobel laureate Paul Samuelson observed, is a patient, disciplined process akin to watching paint dry or grass grow. Modern markets’ constant stimulation can lead to emotional, detrimental decisions. True wealth creation stems from rationality, diversification, and allowing compounding to work quietly over time, rewarding those who remain invested through market cycles.Read More
Berkshire Hathaway has invested in The New York Times, marking a return to the media sector. This move comes after Warren Buffett sold Berkshire’s newspaper business in 2020. The company also adjusted its stakes in Apple and an online retailer. Greg Abel has succeeded Buffett as CEO.Read More
PacifiCorp, facing significant wildfire litigation costs in Oregon, is selling its Washington state wind, natural gas, and distribution assets to Portland General Electric for $1.9 billion. This strategic move aims to bolster PacifiCorp’s liquidity and simplify operations amidst ‘extraordinary pressure’ from legal battles and regulatory challenges. The deal, pending approvals, includes key generation facilities and...Read More
Indian banks are moving to fixed-price contracts for ATM management. This change replaces older transaction-based models. Banks seek cost stability and assured service quality. This shift aims for predictable expenses and better performance from vendors. Many new ATM and cash recycler contracts are being awarded under this fixed-fee structure. This ensures consistent service and improved...Read More
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