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EUR/USD Analysis: Temporary Stop Losses

EUR/USD Analysis: Temporary Stop Losses

Image Source: Unsplash  The EUR/USD exchange rate is back under pressure and vulnerable to further losses unless the European Central Bank can “conquer” the US Federal Reserve’s policy course this week. Recently, The EUR/USD price stabilized around the level of 1.0780 at the time of writing the analysis. by the end of last week’s trading, it collapsed to […]
Will Oil Drops Trigger A Global Economic Shift?

Will Oil Drops Trigger A Global Economic Shift?

Photo by Timothy Newman on Unsplash  In the intricate dance of global oil production, the delicate balance between supply and demand hangs in the balance. Recent discussions within the Organization of Petroleum Exporting Countries (OPEC) have raised concerns over the potential ramifications for oil prices in the coming year. Analysts predict that the oil market could experience a significant upheaval, […]
2 Long Shot Investments To Start Your 2024 Off Right

2 Long Shot Investments To Start Your 2024 Off Right

Image Source: Pixabay  This week, I want to continue to offer some long shots that have the potential for huge payoffs if they work.Some will. Some will notPlease understand that these companies have the potential for massive gains over the next several years.They are highly unlikely to make you rich beyond your wildest dreams by next […]
Core CPI Hotter Than Expected As Used-Car Price Rise Offsets Energy Drop

Core CPI Hotter Than Expected As Used-Car Price Rise Offsets Energy Drop

Having slowed to unch MoM in October, November’s headline CPI was also expected to be flat MoM, but it printed modestly hotter than expected +0.1% MoM, which dragged the YoY CPI change down to 3.1% (as expected) from 3.2% in October. That is still above June’s 3.1% YoY low print…Source: BloombergCore CPI accelerated modestly MoM (as expected), rising 0.3% […]
Elliott Wave Technical Analysis: Apple Inc.

Elliott Wave Technical Analysis: Apple Inc.

Image Source: Unsplash  Apple Inc., Elliott Wave Technical AnalysisApple Inc., (Nasdaq: AAPL): 4h Chart 12 December 2023AAPL Stock Market Analysis: We have been looking at the entire move up from the Oct 26th low as a potential wave (i) and we now seem to be into wave i of (iii). We are looking for an alternate […]
Asian Stock: Genting

Asian Stock: Genting

TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: Genting BerhadBloomberg ticker: GENT MKMarket cap: US$3,435mBackground: Genting Berhad provides leisure, hospitality, gaming, and entertainment services. In Malaysia, its primary property is Resorts World Genting, with 7 hotels, theme parks, casinos, and shopping malls. GENT also has […]
UK’s Wage Growth Slows, Job Vacancies Drop: Report 
                    
 

UK’s Wage Growth Slows, Job Vacancies Drop: Report  

In a recent update that has sparked concern across the United Kingdom, the Office for National Statistics (ONS) revealed troubling trends in the country’s labor market, indicating a significant slowdown in pay growth and a decrease in job vacancies.FreepikThese developments point towards a stagnating economy and raise questions about the future of the UK’s workforce […]
Will S&P 500 Continue Higher?

Will S&P 500 Continue Higher?

S&P 500 reached yet another new medium-term high yesterday, but will the uptrend continue?The S&P 500 index gained 0.39% on Monday as it slightly extended its Friday’s advance of 0.4%. The daily high was at 4,623.71 and it was the highest since late March of 2022. Investors’ sentiment is still bullish despite interest rate uncertainty, […]
Yield Curve Screaming Bear Market In Process

Yield Curve Screaming Bear Market In Process

The US yield curve’s last 17 months of inversion has been the second longest in history (2-10 curve inversion lengths shown below since 1941 courtesy of The Daily Shot).Ditto for Canada, where the 2s-10s curve has also been inverted since July 2022.Only four other times in history have seen this degree of inversion, and except […]
November CPI Shows A Slight Uptick, And Energy Price Decline

November CPI Shows A Slight Uptick, And Energy Price Decline

In November 2023, the Consumer Price Index for All Urban Consumers (CPI-U) increased marginally by 0.1 percent, following an unchanged figure in October.FreepikThis rise was lower than some economists had projected, signaling a stable inflationary environment. Over the past 12 months, the all-items index saw a 3.1 percent increase before seasonal adjustment, aligning closely with […]