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Why Do People Immigrate To The US?

Why Do People Immigrate To The US?

Image Source: PexelsThe U.S. is a country created and built by immigrants from all over the world. As a result, it’s home to more immigrants than any other country.As of 2021, more than 45.3 million people living in the U.S. were foreign-born, accounting for about one-fifth of the world’s migrants. But while some come to reunite with family, […]
Market Briefing For Tuesday, Nov. 7

Market Briefing For Tuesday, Nov. 7

Market indecision in the wake of the anticipated rebound of the past week, is pretty evident. At this point the market has not succumbed to what some of us think may be a foreboding situation in the Middle East (possibly Ukraine as well), and I can’t elaborate a lot.FreepikI can share my brief thoughts via a note in the last […]
Is The Price Of Gold Correlated With The Markets?

Is The Price Of Gold Correlated With The Markets?

Is the price of gold linked to other markets? Conversely, is the price of gold independent of market trends? This question is all the more important as gold is often perceived as a “safe-haven” asset, capable of behaving independently of other markets. In this paper, we will focus on the short-term, medium-term and long-term correlations […]
Crude Oil Futures: Extra Retracements In Store

Crude Oil Futures: Extra Retracements In Store

Image Source: UnsplashOpen interest in crude oil futures markets dropped by around 1.4K contracts on Monday, extending the erratic performance seen as of late according to preliminary readings from CME Group. Volume followed suit and went down by nearly 313K contracts after five consecutive daily builds.WTI: Next on the downside comes $78.00WTI prices rose marginally and closed […]
Berkshire Hathaway Got A Big Boost From This Business In Q3

Berkshire Hathaway Got A Big Boost From This Business In Q3

Image Source: UnsplashBerkshire Hathaway (BRK-A) (BRK-B), the conglomerate run by Warren Buffett, was trading lower on Monday, down about 2% as of 2:30 p.m. Eastern.The drop likely stemmed from the release of the company’s third-quarter earnings on Saturday (yes, Saturday), when it posted a net loss of $12.8 billion, or $5.88 per share.However, if you look […]
This 2-Leg Pullback Could Be Easiest Money All Week

This 2-Leg Pullback Could Be Easiest Money All Week

Image Source: PexelsWeekend’s over – let’s make some money!Markets are bullish, and this *2-Leg Pullback* might be our easiest trade of the week – don’t miss it!Emini and Nasdaq made BIG MOVES higher last week, which means there’s an opportunity to make money on BOTH sides tomorrow morning!E-Mini S&P (ES): E-Mini Nasdaq (NQ): Video Length: 00:23:34More […]
Elliott Wave Technical Analysis: ADAUSD – Tuesday, November 7

Elliott Wave Technical Analysis: ADAUSD – Tuesday, November 7

Image Source: Pexels Elliott Wave Analysis TradingLounge Daily Chart, 7 November 23, Cardano/ U.S. dollar(ADAUSD) ADAUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Triangle Position: Wave C Direction Next higher Degrees: wave (b) of Zigzag Wave Cancel invalid level: Details:The Moves within Triangle pattern. Cardano/ U.S. dollar(ADAUSD)Trading Strategy: ADA recovered well from the […]
Asia Morning Bites For Tuesday, November 7

Asia Morning Bites For Tuesday, November 7

Image Source: UnsplashGlobal Macro and Markets Global markets: US Treasury yields continued to bounce back yesterday. 2Y yields rose 9.6bp, but remain below 5% at 4.934%, while 10Y yields rose 7.1bp to 4.643%. FX markets have only slightly readjusted to the higher yields, and EURUSD remains more or less unchanged at 1.0720. The AUD has lost a […]
Nasdaq Rally Corrective Or Start Of New Bullish Leg?

Nasdaq Rally Corrective Or Start Of New Bullish Leg?

Image Source: PixabayShort Term Elliott Wave in Nasdaq Futures (NQ_F) shows the Index ended wave ((W)) at 14140.25. The Index rallies to the correct cycle from 7.19.2023 high in wave ((X)). Internal of wave ((X)) is unfolding as a zigzag Elliott Wave structure. Up from wave ((W)), wave (A) is in progress as a nesting impulse. Wave […]
Labor Shortage Hits US Coast Guard, Forces Reduction In Active Fleet Of Cutters

Labor Shortage Hits US Coast Guard, Forces Reduction In Active Fleet Of Cutters

Image Source: UnsplashAs the Irasel-Hamas war rages on and threatens to erupt into a regional conflict across the Middle East, the US military faces problems meeting recruitment goals. The shortfall is on full display within the US Coast Guard, which lacks 3,500 service members, approximately 10% of its enlisted workforce, according to Forbes. Vice Commandant Adm. Steven Poulin […]