Now I will be putting Van back on the banned list. His words will no longer show up here. Not for me anyway. My head will be clear. And I don't want that, I really don't, I wish we could be friendly but you can search and search and search and you will never find me attacking Van for anything, I might teach him about VWAP or RS or momentum and I might guide him to better returns but never ever do I attack. I try and help everybody. I am always defending myself.. so why go through it. It's just boring. And it no longer gets ratings. I think the Children have come to the point where they realize all the hate is one-sided. Van is just a very jealous boy. If Someone tells me how many shares Van has of Oddity I will take note. I have alot on my plate now I just got nabbed for Jury Duty. I rather quickly threw together a trip to Nevis but I have alot of fears about that. From my Dog to my son. I'll be disturbing his ability to work this summer somewhere.. but Christ he made over $50,000 investing I just don't tell him!
These various Houses other than Gummy they keep adjusting their targets -- they are really cheaters. That leaves me looking like the dummy. I am the apparently " the biggest Bear on the street " if you van believe that at least according to my untouched S&P target from last year. I kind of regret not adjusting up when they all did and I had the chance at MarketWatch. Whatever.. on the economics front here too they other house change while we stand firm at Gummy. We have had June as the date of the 1st rate cut from day 1. and now GS agrees. Goldman Sachs updates when Fed will cut rates in 2024 Sat, Mar 30, 2024, 7:36 AM EDT3 min read Earlier this year investors grew positively euphoric over the idea of multiple interest-rate cuts by the Fed. Interest-rate futures pointed to six or seven reductions for 2024, even though the median December forecast from Fed officials called for just three cuts. The enthusiasts were excited by the slide of inflation. The Fed’s favored inflation indicator is the personal consumption expenditures price index, excluding food and energy. That measure has slid to 2.8% in February from 5.6% in February 2022. That’s still a ways away from the Fed’s 2% target. And the economy continues to hum along, with annualized growth of 3.4% in the fourth quarter. So it’s no wonder the median Fed forecast in March still called for only three rate drops this year. And nine of 19 officials predicted two or less. Interest-rate futures now point to three as the most likely outcome. Federal Reserve Chairman Jerome Powell contemplates what Stoney said. Zero Fed Rate Cuts? Vanguard Chief Economist Roger Aliaga-Díaz said in March that the Fed may even refrain from cutting interest rates at all this year. “The U.S. economy has proved far more resilient than anyone could have expected, despite the Fed’s efforts to cool it,” he said. Related: House Of Gummy Hits 34 huge winners in a row, 30% 40% 100% 300%! “The Goldilocks outcome of strong growth and lower inflation was achieved by a timely expansion in the supply side of the economy. That’s mainly better-than-expected gains in the workforce and productivity.” And those factors aren’t going away, he said. Torsten Slok, chief economist of Apollo Global Management, went even further than Aliaga-Diaz, predicting zero rate cuts for this year, rather than just saying that’s a possibility. “The bottom line is that the Fed will spend most of 2024 fighting inflation. As a result, yield levels in fixed-income will stay high,” Slok wrote in a commentary cited by Bloomberg. “The market now has to realize that the data is just not slowing down, and the Fed pivot [toward a tighter policy] has given an additional tailwind to the economy and to financial markets and financial conditions and to capital markets,” he told Bloomberg separately. Goldman Sachs shifting view on interest rates Goldman Sachs economists previously expected the first Fed interest rate cut to happen in December 2024. It revamped that outlook in mid-December 2023, saying the Fed would cut rates three times, with the first cut occurring in the third quarter of 2024. They targeted four cuts in February, with the first one slated for May. Now, the influential investment firm's updated outlook is back to three rate reductions this year, with the first coming in June. They also anticipate four cuts in 2025, plus one in 2026. Their prediction for terminal interest rates is 3.25%-3.5%.
The two things I find really interesting now. One is the physics of it all. The historical patterns that show the 1st rate cut is the time to exit. But also how it is different this year, this time.. and it is BUT in times when it has been different in the past (economy was strong) the rate cuts still marked the time to exit but for various different reasons. So as I sit here I feel the absolute physics of it-- the pattern being correct will reveal itself in some unusual way. And that way is not predictable. So it will be fascinating to watch. The other aspect though: The No Cut -- that is ironically the single best outcome for this market. As long as the Fed stays pat I feel stocks will go up. So do we want a rate cut or not?
Good! Zelenskiy Vows More Drone Strikes on Russia Despite US Dissent Sat, Mar 30, 2024, 6:56 AM EDT2 min read (Bloomberg) -- Ukraine will keep targeting Russian oil-refining facilities with domestically-made drones despite US discontent with its campaign, according to President Volodymyr Zelenskiy.
In this article: UUUU +4.14% The largest uranium producer in the United States is ramping up work just south of Grand Canyon National Park on a long-contested project that comes as global instability and growing demand drive uranium prices higher. The Biden administration and dozens of other countries have pledged to triple the capacity of nuclear power worldwide in their battle against climate change, and policy changes are being adopted by some to lessen Russia's influence over the supply chain. But as the U.S. pursues its nuclear power potential, environmentalists and Native American leaders remain fearful of the consequences for communities near mining and milling sites in the West and are demanding more regulatory oversight. The new mining at Pinyon Plain Mine near the Grand Canyon is happening within the boundaries of the Baaj Nwaavjo I’tah Kukv National Monument that was designated in August by President Joe Biden. The work was allowed to move forward since Energy Fuels Inc. had valid existing rights. Low impact with zero risk to groundwater is how Energy Fuels spokesman Curtis Moore describes the project.
THIS IS DOWN FROM $7.50 AREA AND IT IS CHEAP WE CAN BUY ALOT. NYSE American - Nasdaq Real Time Price • USD Energy Fuels Inc. (UUUU) 6.29 +0.25 (+4.14%) At close: March 28 at 4:00 PM EDT 6.23 -0.06 (-0.95%) After hours: March 28 at 7:58 PM EDT
The TA picture is interesting for UUUU I think. It is turning up the RSI is climbing and we may be catching this at he right time. I found this analysis online: Energy Fuels Inc stock upgraded to Buy Candidate. (Updated on Mar 28, 2024) Buy candidate since Mar 28, 2024 The Energy Fuels Inc stock price gained 3.62% on the last trading day (Thursday, 28th Mar 2024), rising from $6.07 to $6.29. During the last trading day the stock fluctuated 3.96% from a day low at $6.06 to a day high of $6.30. The price has been going up and down for this period, and there has been a 6.61% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 5 million more shares were traded than the day before. In total, 6 million shares were bought and sold for approximately $40.79 million. No doubt we are in a downtrend but that can change: The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -18.68% during the next 3 months and, with a 90% probability hold a price between $4.59 and $5.64 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken. UUUU Signals & Forecast Mostly positive signals in the chart today. The Energy Fuels Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $6.15 and $6.29. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 6.61%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Since the stock is closer to the support from accumulated volume at $6.14 (2.38%) than the resistance at $6.98 (10.97%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance.. Insiders are neutral buying more shares than they are selling in Energy Fuels Inc In the last 100 trades there were 1.24 million shares bought and 1.01 million shares sold. The last trade was made 65 days ago by Shumway Logan who bought 11.12 thousand shares. The large amount of stocks bought compared to stocks sold indicate that the insiders believe there is a potential good upside. In some cases larger purchases can be explained by due date for stock options. Is Energy Fuels Inc stock A Buy? Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.