In our 2010 Japan Perspective, written close to the nadir of the bear market, we discussed what was wrong with Japan, but also what it was starting to do right. Fourteen years on, the Nikkei 225 - though not yet Topix - has hit a new all-time high. This report looks at how Japan built on those things that were going right, while also starting to address what else needed to be done, and looks at whether more is needed to be done if the market rally is to continue from here.
Summary Stemcor Global Holdings Ltd - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Stemcor Global Holdings Ltd (Stemcor), a subsidiary of Cedar Holdings Group Co Ltd, is a steel trading and distribution company. Stemcor offers a range of steel products such as long, flat a...
Two Directors at United States Steel Corp sold 257,458 shares at between 49.770USD and 50.013USD. The significance rating of the trade was 74/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors...
Russell 2000 Testing 1.5+ Year Resistance The market remains in "lockout rally" mode, where prices continue to move higher with little-to-no pullbacks, while ignoring overbought readings. This is something we have discussed on a weekly basis since our 11/21/23 Compass. There is no reason to fight this bullish trend, and we continue to expect more upside into year-end and the early part of 2024. Russell 2000, Several High-Octane ETFs (ARKK, IPO, XBI) Testing Major 1.5+ Year Resistances. The Rus...
Credit markets are slightly understating X's credit risk with a YTW of 7.108% and a CDS of 276bps relative to an Intrinsic YTW of 7.602% and an Intrinsic CDS of 319bps. Meanwhile, Moody's is materially overstating the firm's fundamental credit risk, with its speculative Ba3 credit rating five notches below Valens' IG4+ (Baa1) credit rating.
Credit markets are materially overstating X's credit risk with a YTW of 7.670% relative to an Intrinsic YTW of 5.453%, while CDS markets are grossly overstating X's credit risk with a CDS of 476bps relative to an Intrinsic CDS of 201bps. Meanwhile, Moody's is materially overstating the firm's fundamental credit risk, with its speculative Ba3 credit rating five notches below Valens' IG4+ (Baa1) credit rating. Incentives Dictate Behavior™ analysis highlights mostly positive signals for credit hol...
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