This private equity giant has formed a chart pattern that signals more gains ahead

This private equity giant has formed a chart pattern that signals more gains ahead

After completing a classic “bull flag” chart pattern this week, shares of Blackstone Group (BX) should be poised to experience much stronger gains in the weeks to come. With improving momentum characteristics and relative strength, along with a bullish moving average configuration, it appears that BX is resuming a primary uptrend phase. Blackstone first popped up…

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‘Nvidia is the Hermès’ of the chip industry, says Baillie Gifford

‘Nvidia is the Hermès’ of the chip industry, says Baillie Gifford

For Jensen Huang, the CEO of Nvidia, and his management team, “it’s about winning in the trenches,” according to Mark Urquhart, a partner at investment management firm Baillie Gifford. Urquhart, who has tracked the chip market for nearly 30 years, leads the firm’s Long Term Global Growth team, which typically holds companies for exceptionally long…

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