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QQQ: With Primary Trend Higher, Your Best Bet Is To Stay Long Stocks

QQQ: With Primary Trend Higher, Your Best Bet Is To Stay Long Stocks

FreepikThe market seems convinced that rates are going lower, and this led to one of the best November gains in the S&P 500 over the past century. But it wasn’t just the S&P 500. As you can see in this chart, the Dow Jones Industrials also joined the S&P 500 by breaking above its 2022 […]
Oil And Silver Price Charts Provide Clues About US Inflation Rate

Oil And Silver Price Charts Provide Clues About US Inflation Rate

FreepikThis week we’ll look at the fascinating 100-year chart of the United States Inflation Rate as well as long-term charts of inflation-sensitive Silver and Oil to see if we can find clues about where inflation could be headed next. Beginning with the US Inflation Rate, you may be surprised to see that its chart too conforms […]
Market Briefing For December 18, 2023

Market Briefing For December 18, 2023

The Fed’s ‘dovish pivot’ exhausted at least for the moment, into Expiration. It didn’t help that Friday began with NY Fed-head Williams saying talk of lower interest rates was premature; as he panned ‘Powell’s Pivot Panic’ rally, which was a daily-basis culmination of a 6-week move that began in late October.We didn’t expect much more anyway for […]
Economic Data Forecasts For The Weeks Of Dec. 18 And 25 
                    
 

Economic Data Forecasts For The Weeks Of Dec. 18 And 25  

  Here are my forecasts for upcoming economic data       Forecast Prior Observation Consensus Week of December 18       December 18       NAHB Index 36 34 36         December 19       Housing Starts – November 1.360M 1.372 1.360 Building Permits 1.475 1.487 1.463   […]
Uniswap / U.S. Dollar(UNIUSD) Elliott Wave Technical Analysis

Uniswap / U.S. Dollar(UNIUSD) Elliott Wave Technical Analysis

Elliott Wave Analysis TradingLounge Daily Chart, December 18, 2023Uniswap / U.S. dollar (UNIUSD) Elliott Wave Technical AnalysisFunction: Counter trendMode: CorrectiveStructure:Position: Wave (2)Direction Next higher Degrees: wave ((2)) of ImpulseWave Cancel invalid Level: 4.50Details: Retracement of wave ((2)) usually .50 or .618 x Length wave ((1))Uniswap / U.S. dollar(UNIUSD)Trading Strategy:The wave 1 increase appears to have […]
AI-Focused Drug Discovery Stocks Index Up 10.6% Last Week

AI-Focused Drug Discovery Stocks Index Up 10.6% Last Week

New drugs are currently approved through clinical trials that typically cost billions of dollars and take many years to complete. As we wrote previously, evidence keeps adding up that AI is a potential alternative. Now another study concludes that the AI method of drug discovery is up to 250 times more efficient than the traditional method.The […]
Can This Market Rally Continue?

Can This Market Rally Continue?

The U.S. stock market has rallied sharply off its late October lows, bringing us to fresh highs in several large cap indexes.  On Thursday we saw particular breadth strength with over 2500 stocks across the major indexes registering fresh monthly highs and over 1700 making new three-month highs.  At the same time, only 188 and […]
We Are Facing A Demographic Collapse Of Epic Proportions

We Are Facing A Demographic Collapse Of Epic Proportions

Image Source: UnsplashBirth rates have plummeted to record lows all over the industrialized world, and this has very serious implications for our future. If something is not done to reverse this, native populations will fall very rapidly in wealthy countries during the years ahead, and there won’t be nearly enough young workers to support the entitlement programs […]
A Record Number Of American 40-Year-Olds Have Never Been Married

A Record Number Of American 40-Year-Olds Have Never Been Married

A quarter of 40-year-olds in the United States have never been married, according to an analysis of U.S. Census Bureau data by the Pew Research Center.As Statista’s Anna Fleck reports, this marks the highest figure since the data first started being published back in 1900, and a major leap from the 6 percent low of 1980.As Statista’s Anna Fleck […]
NZD/USD Extends Its Upside Above 0.6200, Focus On New Zealand Trade Data

NZD/USD Extends Its Upside Above 0.6200, Focus On New Zealand Trade Data

Image Source: Unsplash NZD/USD gains traction around 0.6224 amid the USD weakness. New Zealand’s Business NZ PSI climbed to 51.2 in November from 48.9 in the previous reading. Fed’s Goolsbee said on Sunday that it’s premature to declare victory over the inflation battle. Market players will monitor New Zealand’s Trade Balance, and US housing data, due […]