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Decoding Recession: An Exploration Through Binary Charts

Decoding Recession: An Exploration Through Binary Charts

Image Source: PixabayLet’s look at some charts together, shall we? The first I want to show you is from our economic database, and it shows when recessions have taken place. The graph is very simple, because it’s a binary representation. We are either not having a recession (y value=0) or we are (y value=1). So when […]
This Bear Trap Could Be A Large Payday

This Bear Trap Could Be A Large Payday

Image Source: Pexels One day left, let’s finish strong! We finally got our 2-leg pullback this morning and buyers will be looking for these BEAR TRAPS to get in before we retest weekly highs!Emini and Nasdaq are trying to *rotate* back to recent highs, but sellers are likely waiting above resistance overhead…So instead of chasing it higher, […]
Amazon To Let Auto Dealers Sell Vehicles On Its Website From 2024

Amazon To Let Auto Dealers Sell Vehicles On Its Website From 2024

Image Source: Unsplash Amazon announced a strategic partnership with Hyundai on Thursday. The said collaboration includes vehicle sales directly through Amazon. Amazon stock is currently up a whopping 65% versus the start of 2023. Amazon.com Inc (AMZN) is in focus today after it announced plans to let auto dealers sell cars on its website from 2024.Amazon […]
Current Analysis: DRI Healthcare

Current Analysis: DRI Healthcare

Image Source: PixabayDRI Healthcare Trust (DHT.O.TO) is an open-ended trust that provides unitholders with differentiated exposure to the anticipated growth in the global pharmaceuticals and biotechnology markets.Its business model is focused on managing and growing a diversified portfolio of pharmaceutical royalties to deliver attractive growth in cash royalty receipts over the long term.Geographically, it has a presence […]
China Home Prices Plunge The Most In Eight Years

China Home Prices Plunge The Most In Eight Years

Image Source: UnsplashWhile China keeps regurgitating the same tired and trite line about an “imminent” fiscal and housing stimulus, which reportedly is in the “trillions” of yuan, yet which to date is entirely imaginary and never actually materializes, its housing market continues to crater and will soon reach a point where a depression is unavoidable… at […]
Metals Report For Thursday, November 16

Metals Report For Thursday, November 16

Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:08:09More By This Author:Financial Markets Report For Wednesday, November 15Metals Report For Wednesday, November 15SPDR ETF Report For Tuesday, November 14
The Commodities Feed: Oil Plummets

The Commodities Feed: Oil Plummets

Image Source: UnsplashEnergy – Oil weakness increases likelihood of Saudi extensionEnergy markets came under pressure yesterday with ICE Brent settling 4.63% lower, which took it below US$77.50/bbl and to its lowest level since July. There was little in the way of fresh fundamental developments behind the move. Instead, a break below US$80/bbl appears to have brought […]
Ratio Chart Study For November 2023

Ratio Chart Study For November 2023

Image Source: UnsplashIn this video, author Tim Knight guides us through 18 ratio charts from his pairs watchlist.Video Length: 00:07:56More By This Author:Crude Slips BadlyBitcoin’s Resilient Trends: A Year Of Compliance Since FTX BlowupCharting The Market Landscape
Stocks Are Weaker Than They Appear Ahead Of November OPEX

Stocks Are Weaker Than They Appear Ahead Of November OPEX

Image Source: UnsplashStocks finished the day flat, with the S&P 500 up just 12 bps, while the NASDAQ advanced ten bps. The day was not strong for the Russell 2000, down 1.5%; the S&P 500 equal weight, dropping 33 bps, and the NASDAQ 100 equal weight, down almost 50 bps. Tomorrow is November Opex.The reason I […]
AUD/USD Holds Above The Mid-0.6400s, Eyes On The US Housing Data

AUD/USD Holds Above The Mid-0.6400s, Eyes On The US Housing Data

Image Source: Unsplash AUD/USD struggles to gain ground above 0.6500 and trades near 0.6468, adding 0.07% on the day. The US weekly Initial Claims climbed to the highest level in nearly three months. Employment growth in Australia came in better than the estimation. Traders will focus on the US housing data on Friday. The AUD/USD pair failed to […]