Archives by Month:

Archives by Year:

Can Retail Traders Use Macro And Fundamental Analysis To Trade?

Can Retail Traders Use Macro And Fundamental Analysis To Trade?

Image Source: UnsplashMany retail traders are super smart and capable when it comes to analyzing macro events that could effect markets as well as company specific data that could potentially move that company’s stock. They can formulate a hypothesis that seems just as sound as that of any top Wall Street analyst. That makes sense, given […]
This Double Bottom Reversal Could Make Your Entire Week

This Double Bottom Reversal Could Make Your Entire Week

Image Source: PixabayOne day left – let’s make it count!NVIDIA (NVDA) earnings are out, and markets just retested today’s lows…But we haven’t completed the Breakout-Pullback from yesterday, so this Double-bottom Reversal might be a HUGE winner!Emini and Nasdaq are bullish overall, setting-up for the breakout-pullback we discussed in last night’s newsletter…So if the price wants to […]
Financial Markets Report For Tuesday, November 21

Financial Markets Report For Tuesday, November 21

Image Source: PexelsIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, November 21.Video Length: 00:14:19More By This Author:Metals Report For Tuesday, November 21Financial Markets Report For Monday, November 20Metals Report For Monday, November 20
GBP/USD Holds Steady Near Its Highest Level Since September 9, Just Below Mid-1.2500s

GBP/USD Holds Steady Near Its Highest Level Since September 9, Just Below Mid-1.2500s

Image Source: Unsplash GBP/USD continues to draw support from the overnight hawkish remarks by BoE’s Bailey. The USD struggles to build on the post-FOMC bounce and also acts as a tailwind for the pair. A convincing breakout through the 100-day SMA supports prospects for additional gains. The GBP/USD pair trades with a positive bias for the […]
Oil Short Term Impulsive Structure Suggests Further Upside

Oil Short Term Impulsive Structure Suggests Further Upside

Image Source: PixabayOil (CL) ended cycle from 9.28.2023 high as a 5 waves impulse. Down from 9.28.2023 peak, wave 1 ended at 81.5 and rally in wave 2 ended at 90.78. The instrument then extended lower in wave 3 towards 74.91. The 1 hour chart below shows the move down ending wave 3. Then it corrected […]
Market Absurdities: VIX, NVDA, And A Cautious Stance In An Untrustworthy Market

Market Absurdities: VIX, NVDA, And A Cautious Stance In An Untrustworthy Market

Image Source: PixabayI’ll begin by noting that the sad, sad VIX almost slipped into the sub-teens. Yes, with all the mayhem and horror and bad news in the world, the VIX has been beaten down so badly that even holding onto a level of 13 is considered frothy. What a joke of a market this has […]
New Recession Warnings

New Recession Warnings

Image Source: PixabayThere was a government-spending-fuelled burst of economic activity in the US during the third quarter of this year that led to a high GDP growth number being reported for the quarter, but signs of weakness are now appearing in coincident economic indicators.The most important of the aforementioned signs is the rise in Continuous Claims […]
Minor Losses For Indices Change Little For The Big Picture

Minor Losses For Indices Change Little For The Big Picture

Image Source: UnsplashWhile coming in as a technical distribution day, the general low volume is a sign that Thanksgiving trading has come early. I won’t be expecting much until next Monday, but Black Friday is more likely to be bullish.The Russell 2000 (IWM) experienced the largest loss. The 50-day MA is a potential support area although […]
Metals Report For Tuesday, November 21

Metals Report For Tuesday, November 21

Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:09:06More By This Author:Financial Markets Report For Monday, November 20 Metals Report For Monday, November 20 SPDR ETF Report For Thursday, November 16
Current Analysis: Gamehost

Current Analysis: Gamehost

Photo by Kaysha on UnsplashGamehost Inc. (GHIFF) operates hospitality and gaming properties in Alberta, Canada.The company’s reportable segments are strategic business units that offer different services like the Gaming segment, which includes casinos offering slot, VLT, lottery, and table games; the Hotel segment includes hotels catering to mid-range clients; and The Food and Beverage segment operations that are […]