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Market Briefing For Wednesday, Oct. 25

Market Briefing For Wednesday, Oct. 25

Time is of the essence not so much for the stock market (it just meanders in the S&P 4200 vicinity), but to prepare dispersed U.S. military installations and units abroad (mostly as relates to the Middle East) for more advanced attacks than ‘presumed’ by Pentagon planners in the last couple years.FreepikWhat I’m referring to again relates […]
FX Daily: Hawks Versus Data, Part One

FX Daily: Hawks Versus Data, Part One

Image Source: PixabayWe enter two days of central bank meetings where the intent to maintain a hawkish narrative will be challenged by evidence of slowing inflation and growth. The Bank of Canada goes first, with the ECB following tomorrow. We see risks that new economic forecasts will make markets doubt the BoC’s hawkish stance, and CAD may face […]
Forex Today: US Dollar Rally Loses Steam, Eyes On BoC Rate Decision

Forex Today: US Dollar Rally Loses Steam, Eyes On BoC Rate Decision

Image Source: PixabayHere is what you need to know on Wednesday, October 25:The US Dollar (USD) struggles to build on Tuesday’s impressive gains early Wednesday, with the USD Index moving sideways slightly above 106.00. September New Home Sales will be featured in the US economic docket. Later in the day, the Bank of Canada (BoC) will announce monetary policy decisions […]
Crude Oil Futures: Further Retracement Could Be Losing Momentum

Crude Oil Futures: Further Retracement Could Be Losing Momentum

Photo by Timothy Newman on UnsplashConsidering advanced prints from CME Group for crude oil futures markets, open interest went down for the second straight session on Tuesday, this time by around 10.3K contracts. Volume, on the other hand, reversed two consecutive daily pullbacks and rose by nearly 226K contracts.WTI remains supported around $81.50WTI prices saw their decline gather further […]
Google Stock Slides As Cloud Business Was A ‘Big Disappointment’ In Q3

Google Stock Slides As Cloud Business Was A ‘Big Disappointment’ In Q3

Image Source: Pixabay Google reports solid growth for its third financial quarter. CFRA analyst Angelo Zino discussed its earnings print on CNBC. Google stock lost more than 6.0% in after-hours trading today. Alphabet Inc (GOOGL) is down more than 6.0% in extended trading even though it reported solid growth on the back of an advertising rebound […]
Government Debt Running Away

Government Debt Running Away

Image Source: PexelsToday, we stand on the precipice of a financial maelstrom that can no longer be ignored. The government’s debt has rocketed to astronomical levels, and it’s not just a matter of economics—it’s a matter of mathematics.We’ve reached what I term the ‘terminal phase.’ It’s as if we’re witnessing a runaway nuclear reactor, and it’s […]
Elliott Wave Technical Analysis: BTCUSD – Wednesday, Oct. 25

Elliott Wave Technical Analysis: BTCUSD – Wednesday, Oct. 25

Image Source: Pexels Elliott Wave Analysis TradingLounge Daily Chart, 25 October 23, Bitcoin/U.S. dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave((3)) Direction Next higher Degrees: wave I of Impulse Wave Cancel invalid level: Details: Impulse’s five-wave rise. Bitcoin/U.S. dollar(BTCUSD)Trading Strategy: Bitcoin surges sharply supported by good news following the […]
Financial Markets Report For Tuesday, October 24

Financial Markets Report For Tuesday, October 24

Image Source: PexelsIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, October 24.Video Length: 00:15:23More By This Author:Metals Report: All Eyes On Israel And Its Invasion Plans Financial Markets Report For Monday, October 23Metals Report: Decline In Dollar Was Supportive To Gold Yet Gold Was Lower […]
Microsoft Rallies After Earnings, While Google Stock Tanks

Microsoft Rallies After Earnings, While Google Stock Tanks

Image Source: PixabayMicrosoft Stock (MSFT) rallied and Google stock (GOOGL) (GOOG) had a sell-off after they released their earnings reports. Now how are we supposed to buy Microsoft and Google and manage the trade going forward?Video Length: 00:04:48More By This Author:Post Analysis Earnings Netflix & Tesla. What To Do Now?VIX Update: Can Stocks Keep Weathering This […]
Gold Price Forecast: XAU/USD Recovers US PMI-Led Losses But Stays Below $2,000

Gold Price Forecast: XAU/USD Recovers US PMI-Led Losses But Stays Below $2,000

Image Source: Pixabay Gold price recovers the recent losses on the stable US Dollar after recent gains. Downbeat US Bond yields could offer support for the precious metal. Israel’s delay on ground assault plan in Gaza weakens the demand for safe-haven asset Gold. Solid US PMI data supported the US Dollar to rebound from the monthly […]