Company earnings are in focus; it’s time you re-evaluated your portfolios if you have not done so already. We feel the equity market will possibly fall further, but what do we know? Gold has had a correction over the last few days. And there is still worrying talk in the financial press about Private Credit. Exports and imports have improved in Japan. Exports rose 4.2% missing the market consensus of 4.6% for September YOY (year on year). What do you think is going to happen to Sterling (Cable) against other currencies if the Chanclor of the UK hits people and companies with Taxation, and how are they going to fill their fiscal blackhole? It also depends on the financial news coming out for other countries, to the direction of not only sterling, such as Trump cutting Tariffs on economies. What will be the effect on Gilts and the spreads between Bonds?
It’s all well and good getting excited about AI, but look into the amount of energy, power electricity needed to power the server farms?
Charts: Gaps exhaustion continuation break away, Moving averages (MA) divergence and convergence, resistance and support trendlines as support and resistance. Patterns and stochastics.
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