Dave’s Analysis (Feb 23, 2025)
Telesat: Moderate Buy Rating According to Barchart.com, Telesat Corporation (TSAT) currently holds a moderate buy rating from the two analysts tracking the stock. Background: TELESAT CORPORATION (formerly Loral Space & Communications Inc.) is a leading satellite operator, headquartered in Ottawa, Canada. The company provides satellite communications services worldwide, supporting telecommunications, broadcasting, and enterprise applications. Analysis: […]
Dave’s Analysis (Feb 17, 2025)
Background: Since January 30, 2025, the March Dow Jones Industrial Average e-mini (YMH25) has been experiencing a sideways correction. Despite the numerous bearish news stories about high inflation and lower retail sales for January, the market is holding its ground. This resilience suggests that the market might be poised to move higher. Historical data indicates […]
Dave’s Analysis (Feb 4, 2025)
Background: The financial markets are currently signaling a potential correction. Multiple factors are contributing to this sentiment, including persistently high interest rates, new tariffs or the anticipation of them, numerous announcements of job losses, and growing fears of inflation on the rise. These elements are creating a climate of uncertainty and caution among investors. Analysis: […]
Dave’s Analysis (Feb 2, 2025)
Background: “Iridium Communications Inc., formerly GHL Acquisition Corp., is a provider of mobile voice and data communications services via satellite, and the provider of mobile satellite communications services offering 100% global coverage.” Currently Barchart.com reports seven analysts have rated IRDM a moderate buy. Analysis: My mid-term trend indicator suggests the price is […]
Dave’s Analysis (Jan 30, 2025)
Background: Crude Oil has been moving sharply lower since the high on 1/15/2025. U.S. Crude Inventory Build Ends Nine Consecutive Weeks of Inventory Draws – WTI Crude Oil 1/29/25. Analysis: My MACD indicator shows an likely low on 1/30/2025. My short, mid-term and long term zero balance indicators are bullish for […]
Dave’s Analysis for 1/26/2025
Background: Gold has been moving sharply up since 12/19/2024. The risk of tariffs appears to be moving the gold market currently. Gold has been rising on lower expectations for higher tariffs. Analysis: My mid-term channel direction indicator shows the price is above the expected target level. My MACD indicator shows the likely […]
Dave’s Jan 20, 2025 Analysis
Dave’s Analysis (Jan 19, 2925) LUNR: The company has several hundred million dollars in contracts to serve customers. Background: Lunr is rated a strong buy by all the four analysts that follow it. Technical Analysis: The Eliott wave count continues to favor the upward trend that began months ago. The […]
Dave’s Weekly Analysis (Nov. 19, 2024)
Background: The DOW 30 has been declining over the past five trading days. This is after an historic rally post election. Barchart’s opinion based on their thirteen indicators is 40% buy. News this morning of Russia changing their first strike nuclear criteria seems to have spooked the markets. This appears to be setting up a […]
Dave’s Weekly Analysis (Nov. 11, 2024)
Telesat: Signs US$39 Million Contract with SatixFy to Develop and Deliver Landing Station Baseband Units for Telesat Lightspeed Network Background: TELESAT CORP is a satellite operator. TELESAT CORP, formerly known as Loral Space & Communications Inc., is headquartered in Ottawa, Canada. Barchart reports that analysts who follow this stock give it a moderate buy […]
Dave’s Weekly Analysis (Oct. 28th, 2024)
IRIDIUM Beats 3Q Estimates Background: Barchart reports the analysts have a moderate buy rating on IRDM. Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. Analysis: My Elliott wave count shows a 3-wave zigzag decline from 10/17/2024 […]