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Bitcoin Looking To Extend Higher As Impulse

Bitcoin Looking To Extend Higher As Impulse

Image Source: UnsplashShort Term view of Bitcoin (BTCUSD) suggests that cycle from 9.11.2023 low is in progress as an impulse Elliott Wave structure. Up from 9.11.2023 low, wave 1 ended at 27493.1 and pullback in wave 2 ended at 25994.2. The crypto currency then extended higher again in wave 3. Up from wave 2, wave ((i)) at […]
Regional Fed Surveys Show Prices Jumping As Business Outlooks Slump

Regional Fed Surveys Show Prices Jumping As Business Outlooks Slump

Image Source: PexelsThis morning’s headline October flash PMI data surprised everyone (to the upside) with both Manufacturing and Services jumping back above 50 (into expansion) despite hard data having been hammered during the month and numerous regional Fed surveys signaling quite the opposite.A few recent examples include: Philly Fed Future Expectations For Shipments/CapEx Near ‘Worst Since Lehman’ Levels […]
This Earnings Trap Could Be A Huge Payday

This Earnings Trap Could Be A Huge Payday

Image Source: PixabayEarnings are out – let’s do this!Markets are bullish after today’s earnings report, but these (2) ranges on the 60m tell us this move might be nothing but a trap!Emini and Nasdaq are pushing higher inside a channel, but did you see the new range develop after today’s earnings?That range is a BIG CLUE, […]
Metals Report: All Eyes On Israel And Its Invasion Plans

Metals Report: All Eyes On Israel And Its Invasion Plans

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:09:59More By This Author:Financial Markets Report For Monday, October 23 Metals Report: Decline In Dollar Was Supportive To Gold Yet Gold Was Lower On Monday Morning Flash Video For Monday, Oct. 23
Visa Dividend Increase

Visa Dividend Increase

Image Source: PixabayVisa (V) announced its next dividend of $0.52 per share, a 15.56% increase over the company’s previous payout of $0.45.DivGro’s annual dividend income will increase by $28.00 as a result.I own 100 shares of V at an average cost basis of $204.32 per share. Following this increase, my yield on cost is 4.54%. V now contributes $208 […]
Consumer Spending Is Up, Saving Is Down. What Does This Mean For The Economy?

Consumer Spending Is Up, Saving Is Down. What Does This Mean For The Economy?

Image Source: PexelsThat’s the title of today’s segment on WPR’s Central Time, where I was the guest. In my view, the reason why the economy has proved so durable thus far is in large part attributable to the resilience of the consumer, buoyed by Covid era transfer payments. With the path of disposable income higher than thought […]
Current Analysis: Grupo Aeroportuario Del Pacifico

Current Analysis: Grupo Aeroportuario Del Pacifico

Image Source: PexelsGrupo Aeroportuario del Pacifico SAB de CV (PAC) is engaged in the construction, development, and operation of airports in Mexico.The company’s segments are Guadalajara; Tijuana; Puerto Vallarta; San Jose del Cabo; Montego Bay; Hermosillo; Guanajuato and Other Airports. It generates maximum revenue from the Guadalajara segment.The company was incorporated in 1998 and is headquartered […]
Current Analysis: Mullen Group (MLLGF)

Current Analysis: Mullen Group (MLLGF)

Photo by Maxim Hopman on UnsplashMullen Group Ltd (MLLGF) is a logistics provider with a network of independently operated businesses providing a wide range of service offerings including less-than-truckload, truckload, Specialized & Industrial Services warehousing and logistics, U..S. and International Logistics, and Corporate.The company also provides a diverse set of specialized services related to the […]
Key Market Relationships For Next Big Move

Key Market Relationships For Next Big Move

Image Source: UnsplashFirst off, we are heading out of town to New York where I will be visiting in studio several media channels and hosts.Then, we are off to Orlando for the Money Show.November 1st, Keith and I go on vacation until the middle of the month.This is the last Daily I will be writing for […]
Short-Term Positive Divergences For Gold

Short-Term Positive Divergences For Gold

Image Source: Pixabay Gold against the stock market and Gold against foreign currencies recently did not make a lower low while Gold did. That positive divergence preceded the recent rebound in Gold. In addition, Gold against foreign currencies has broken out to a new all-time high.Video Length: 00:06:58More By This Author:Gold To Pause At $2000 Resistance […]