October 31st, 2023 The bulls have slowed the bears’ momentum, but haven’t completely halted it. The market is currently locked in a battle for leadership. Despite a positive day for the bulls yesterday, they haven’t regained full control. To favor the bulls, I’m looking for two key indicators: the daily Bollinger Bands tightening inward (which […]
IN THE OVERNIGHT 31 OCTOBER
Asia RED…Europe GREEN TOP STORIES OVERNIGHT China Slump Turns October Into The Worst Month for Asia IPOs Since 2019 -BBG Initial public offering proceeds in Asia Pacific slumped to the lowest in at least four years in October, hit mainly by slower capital-raising in mainland China. Companies and their shareholders across the region raised about $3.89 […]