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The Fed’s FOMC Deception Vs Actual Reality

The Fed’s FOMC Deception Vs Actual Reality

Image source: WikipediaThe Federal Reserve held its latest policy meeting yesterday, and while it left its target Fed funds rate unchanged, it released a policy statement that once again painted a picture of the economy that’s a bit different from what’s actually happening.Perhaps it’s not entirely surprising that the Fed would describe conditions in a manner […]
Elliott Wave Technical Analysis: ETHUSD – Friday, November 3

Elliott Wave Technical Analysis: ETHUSD – Friday, November 3

Image Source: Pixabay Elliott Wave Analysis TradingLounge Daily Chart, 3 November 23, Ethereum / U.S. dollar(ETHUSD) ETHUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave ((3)) Direction Next higher Degrees: wave 1 of Impulse Wave Cancel invalid level: Details: The correction is likely to end at the level of 1520. A […]
Retirement Account Contribution Limits For 2024

Retirement Account Contribution Limits For 2024

Image Source: PixabayYou get to save more in your retirement accounts in 2024. The IRS has made its inflation calculations and announced the new adjusted contribution limits.The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan increases to $23,000, up from $22,500 in 2023. For individuals […]
Asia Morning Bites For Friday, November 3

Asia Morning Bites For Friday, November 3

Image Source: UnsplashGlobal markets and macro Global markets: Front-end US Treasury yields bounced slightly yesterday after their big post-FOMC drop. 2Y UST yields rose 4.6bp, but remain below 5% (4.989%). But yields on the 10Y Treasury kept falling, dropping a further 7.5bp to 4.659%. US equity markets are benefitting from the drop in bond yields. The S&P […]
Financial Markets Report For Thursday, November 2

Financial Markets Report For Thursday, November 2

Image Source: PexelsIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, November 2.Video Length: 00:19:12More By This Author:Metals Report For Thursday, November 2Financial Markets Report For Wednesday, November 1Metals Report For Wednesday, November 1
USD/CAD Sticks To Modest Gains Around Mid-1.3700s, Focus Remains On US/Canadian Jobs Data

USD/CAD Sticks To Modest Gains Around Mid-1.3700s, Focus Remains On US/Canadian Jobs Data

Image Source: Unsplash USD/CAD stages a modest recovery from over a one-week low touched the previous day. Some repositioning trade ahead of the US/Canadian jobs data lends support to the major. The fundamental backdrop warrants caution before confirming that the pair has topped out. The USD/CAD pair edges higher during the Asian session on Friday and […]
Disney Q4 Preview: Can Shares Turnaround?

Disney Q4 Preview: Can Shares Turnaround?

Image Source: PixabayWe’ve got another full slate of earnings next week, with a wide variety of companies slated to report.And when it comes to reports that investors should watch out for, Disney (DIS) should undoubtedly be on that list. The company is scheduled to reveal quarterly results on November 8th after the market’s close.But how do expectations […]
This Bear Trap & Reversal Could Make Your Entire Week

This Bear Trap & Reversal Could Make Your Entire Week

Image Source: UnsplashHoly Smokes… What a Squeeze!!Markets just squeezed higher for 2 straight days, which gives us a TON of opportunity on Friday…But out of all the possibilities – this *Bear Trap into Reversal* is my favorite. Don’t miss this one!Emini and Nasdaq both made BIG MOVES higher over the last 2 days, which is the only […]
Top 5 Dividend Stocks In My $4 Million Portfolio (With Growth Potential In 2024)

Top 5 Dividend Stocks In My $4 Million Portfolio (With Growth Potential In 2024)

Image Source: Pixabay Are you looking for a way to build wealth the easy way? Dividend-paying stocks might just be the solution you’ve been searching for.In this blog post, we’re going to explore the world of dividend stocks and I’ll share my top five picks. But before we dive into these picks, let’s discuss the concept […]
Peak “Soft Landing”?

Peak “Soft Landing”?

Image Source: PixabayThanks largely to rapid government spending, inventory building by the private sector and about $500B coming out of the Fed’s Reverse Repo (RRP) Facility, US ‘real’ GDP grew at an annualised rate of almost 5% in Q3-2023. The GDP number included strong quarterly growth in Real Gross Private Domestic Investment (RGPDI), which could be […]