Source: PaxForex Premium Analytics Portal, Fundamental Insight A dividend growth investing strategy can be profitable: buy and hold high-quality stocks that increase profits each year and share them with your investors. Home improvement retailer Home Depot certainly earns its dividends-the company has raised its dividend every year for 13 consecutive years. The housing market may be on shaky ground as mortgage rates continue to rise, but that shouldn't scare you away from Home Depot, which is poised to thrive no matter what the housing...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The global bear market continues to dominate price action, and cryptocurrencies are among the hardest-hit assets. With Bitcoin and Ethereum leading losses, Ripple and its XRP/USD token stand out as a potential breakout candidate. Most cryptocurrencies challenge fresh 2022 and current bear market lows, but despite fundamental headwinds, the XRP/USD maintains its cautious but volatile uptrend. At a time Bitcoin and Ethereum moved lower, Ripple advanced, but the ongoing SEC versus...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Major multinational bank Citigroup generally reported solid Q3 financial results as it was boosted by higher interest rates and continued to make progress on its multi-year transformation plan. But the weak spot in the quarter was the bank's investment banking business, whose earnings fell sharply YoY after impressive results last year. No doubt, the whole investment banking industry is having issues right now, though Citi seems to be struggling more than its counterparts...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Preliminary Australian Manufacturing PMI for October came in at 52.8, the Preliminary Australian Services PMI at 49.0, and the Preliminary Australian Composite PMI at 49.6. Forex traders can compare this to the Australian Manufacturing PMI for September, reported at 53.5, the Australian Services PMI at 50.6, and the Australian Composite PMI at 50.9. The Chinese Trade Balance for September came in at $84.74B. Economists predicted a figure of $81.00B. Forex traders can...
Source: PaxForex Premium Analytics Portal, Fundamental Insight While most tech companies thrived during the pandemic thanks to consumers at home investing in the new office and entertainment equipment, players like Disney suffered significant losses due to movie theater and theme park closures. And even though the pandemic has eased, Disney stock is down 37% from a year ago as the company tries to recover its losses. The company has made substantial changes to its business, making a big push into the streaming industry. The move paid off,...