Citadel Global’s Post

Weekly Market Summary (and slides) as of 28-June-2024: S&P/TSX Composite climbed by +1.5% compared to the last week to close at 21,876. Both S&P/TSX Composite and S&P/TSX 60 registered growth this week breaking their downward weekly trend since 21-May. US indices showed mixed signals this week where S&P500 and Dow Jones fell slightly by -0.1% but Nasdaq and Russell 2000 climbed up. Apart from DAX (Germany), all major European indices ended in Red this week. Selected Asian indices, like South Korea and India, ended June month with positive climb every week. In Canadian public capital markets, notable transaction was Fission Uranium Corp’s acquisition by ASX-listed Paladin Energy in a stock deal valued at C$1.1Bn. The offer price provided ~26% premium to Fission’s closing price on 21st June. Paladin shares will start trading on TSX post deal completion. Things took a weird turn when US President Biden’s stumbling and stammering during presidential debate left Democratic Party and its supporters in turmoil this Thursday. Political analysts now expect Democratic party members to have internal debate on what’s the best strategy to move forward. EV sector saw traction when Volkswagen announced investing $1Bn in electric-pickup maker Rivian with plans to take it up to $5Bn as part of a software-development partnership. Rivian’s shares juped 23% on 26-Jun. Oil & Gas sector in the US saw another M&A (but this time outside Permian Basin) when EnCap-backed XCL Resources sold 80% interest in its Uinta Basin assets to SM Energy for $2Bn. Warm wishes for Canada Day (Monday) to everyone!!

As the EV market cools, the oil industry scorches with $250 billion in high-stakes deals and mass consolidation: ‘The bigger the company is, the more money they make’. #inflation #investing #ETFs #StockMarket #StocksToWatch #stocks #Fed #markets #oil https://yhoo.it/3V5rbee

US market futures are green on Monday at 2pm Sydney time, indicating Wall Street doesn't really care about Washington, just as long as nobody introduces red tape. On that front: energy stocks are sure to do well under Trump, given "drill baby drill" is a 2024 motto (despite the US drilling more than it ever has before, record CO2 be damned.) Beyond that, however, nothing is really clear, and won't be for weeks. The latest from me for HotCopper x The Market Online (Australia): https://lnkd.in/gVrvw77X

Bloomberg Intelligence - We think Warren Buffett's bearish sentiment will continue. Berkshire was a net seller of stocks in 4Q but likely took advantage of dips in Chevron and Occidental to add to those positions. ⚡ https://lnkd.in/eF6qX_TG #berkshire #berkshirehathaway #bloombergintelligence #bloomberg #chevron #13f #buffett #warrenbuffett

High Schiller PE Caution and Opportunity The Shiller P/E ratio, a metric used to assess stock market valuation, has been hitting high levels, indicating potential overvaluation. Notable investors like Warren Buffett with Berkshire Hathaway have taken notice, selling off stocks for over four consecutive quarters. This trend is mirrored by other financial giants such as Mark Zuckerberg, Jeff Bezos, and Jamie Dimon, who have also been reducing their stock holdings. This move suggests a cautious approach among some of the wealthiest investors, perhaps indicating a belief that stocks are reaching a peak. By using the cash gained from selling stocks at potentially inflated prices, you can invest in assets that offer a monthly income stream. Mineral properties, such as oil and natural gas fields, not only provide regular income but also hold the potential for significant appreciation over time. This strategic shift from stocks to tangible assets reflects a desire for stability and the creation of generational wealth through diversified and income-generating investments. If you would like to learn how you can take advantage of this opportunity, feel free to give us a call. https://lnkd.in/gJ-7Cajg https://lnkd.in/g3xCZzjC hathaway-hanke-stock-market-recession-2024-2?op=1 https://lnkd.in/ggBW5dJg Visit our website. https://lnkd.in/gudyxG3m Listen to and like this video then Subscribe to this channel. Uncover ways to use Self Directed IRA and 1031 Exchange funds to purchase a mineral property. Do you have a strategy to protect your wealth from recession, inflation, stagflation, hyperinflation or the energy crisis? We offer FREE reviews if you are evaluating an oil well drilling or re-work deal. Give us a call or send us an email. #oilandgasindustry #minerals #mineralresources #energy #naturalgas #oilandgas This video is meant for educational or entertainment purposes only. This video is not a solicitation. I am not a lawyer, CPA, or financial advisor and I am not giving legal, financial, or tax advice.

# Only Put Off Until Tomorrow What You Are Willing to Die Having Left Undone ## Wall Street Analysts Bullish on Halliburton Stock Despite Underperformance In a year marked by underperformance in the broader market, Halliburton has failed to meet investor expectations. However, this hasn't dampened the optimism of Wall Street analysts, who see great potential in the stock. Despite recent struggles, Halliburton remains a promising investment opportunity, according to experts. These analysts believe that the company's potential for growth outweighs its current setbacks. With a solid foundation and a commitment to innovation, Halliburton could turn things around and deliver impressive returns in the future. As an experienced investment advisor, I encourage you to consider the long-term outlook when it comes to Halliburton stock. Don't let short-term market fluctuations deter you from seizing a potentially lucrative opportunity. By acting now, you can position yourself to benefit from the stock's future growth. Don't succumb to the Fear of Missing Out \(#FOMO\). Take action today and explore the potential that Halliburton stock holds. As you invest in your Health Savings Account \(#HSA\), you not only secure your financial future but also contribute to your overall health and well-being \(#healthcare #health #family #wellness\). Make informed investment decisions and unlock the power of your HSA. Reach out to me, your trusted investment advisor, and let's explore the possibilities together. Start building a brighter financial future while prioritizing your health and well-being. 💪🚀📈✨

3 Analysts Assess Helmerich & Payne: What You Need To Know https://ift.tt/nRsciNp Latest Ratings for HP Date Firm Action From To Feb 2022 Morgan Stanley Maintains Underweight Dec 2021 Morgan Stanley Downgrades Equal-Weight Underweight Nov 2021 Morgan Stanley Maintains Equal-Weight View More Analyst Ratings for HP View the Latest Analyst Ratings read more via Benzinga - Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals https://ift.tt/zcplJFA July 15, 2024 at 09:01AM

Big day trade Wednesday, for those that labored on the short side of the S&P, as did we. No other positions, right now. Big picture correlation trades... Nasdaq, S&P and Russell all look ready to break thru to the downside, but haven't quite done so, yet. Treasuries are trying to decide whether to resume their run upwards, or not. Oil & Gas are meandering without conviction. So, we sit tight for now. When we have a large % in cash, as we do now, it at least earns T-Bill type rates. And being able to consistently day trade the S&P, keeps alot of money active, and on the + side. FYI- I don't just casually refer to consistently day trading the S&P. It took 20 YEARS to get there. An arduous but worthy journey, however, in the end.

Welcome to Extreme Investor Network: Your Source for Cutting-Edge Stock Market Insights Are you looking for expert analysis and unique perspectives on the stock market, trading, and financial trends? Look no further than Extreme Investor Network! Our team of experienced professionals is here to provide you with the latest updates and insights to help you make informed investment decisions. #Flat #Forecast #Gas #movement #Natural #Prices #Remain #Sideways

In today's financial update, the Australian sharemarket experienced a slight downturn, reflecting a day of cautious trading. This shift comes amidst recent political and market volatility, with notable declines in the energy and iron ore sectors leading the charge. As investors navigate these uncertain waters, staying informed on market movements is more crucial than ever. For a detailed analysis of Wednesday's trading activities and insights into the factors influencing these market trends, click the link below to read the full story. Your financial awareness is key to making informed decisions in today's dynamic market landscape. Stay connected with us at Meribel Property Buyers Agents for the latest in Real Estate News and market insights. [Read the full story here](https://lnkd.in/gTiAQNcY)