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What Made Charter Communications Stock Lose 10% On Tuesday?

What Made Charter Communications Stock Lose 10% On Tuesday?

Image Source: Pexels Charter Communications says its broadband subscribers could decline in Q4. It made that revelation at UBS Global Medica Communications Conference. Charter Communications stock is now down over 20% versus its YTD high. Charter Communications Inc (CHTR) says the number of its broadband subscribers could decline in the fourth quarter. Its shares are down […]
The Real Truth About Interest Rates

The Real Truth About Interest Rates

Image source: PixabayI met one of my best friends more than 25 years ago on the trading desk. He’s a very private person, so I’ll call him Chris (even though his name is Mike). He runs a small hedge fund, and we chat online every day the market is open.On Friday, as stocks were moving higher […]
Commodities: Bitcoin, Bonds, DXY, Gold, Silver, Iron Ore, Copper, Uranium, Oil, Gas. Elliott Wave

Commodities: Bitcoin, Bonds, DXY, Gold, Silver, Iron Ore, Copper, Uranium, Oil, Gas. Elliott Wave

Image Source: UnsplashCommodities Market Trading Report – Technical Analysis Elliott Wave, Trading Levels and Trading Strategies Content: Bitcoin, US Bond Yields, USD, DXY, US Gold XAU, GDX, Silver XAG, Gold Stocks, Iron Ore, Copper, Uranium, Crude Oil, Natural Gas. Commodities Market Summary: Gold and Silver Wave (b) of ii). TLT Bonds Wave 1. 10 yr. Yields […]
US Markets Traded In A Mixed-Bag Fashion

US Markets Traded In A Mixed-Bag Fashion

Image Source: PixabayUS markets traded in a mixed-bag fashion, but the tone of the S&P 500 was rather moody, with losers outpacing winners by a wide margin — all as markets digest a stronger-than-expected November ISM Non-manufacturing survey offset by an unexpected significant decline in October job openings– and all resulting in yet another decline in […]
Stocks Finish Flat, But The Smell Of Fear Was In The Air

Stocks Finish Flat, But The Smell Of Fear Was In The Air

Image Source: UnsplashStocks finished the day flat, with the S&P 500 falling just six bps. Most of the weaknesses today came in the equal-weighted S&P 500, with the RSP ETF falling by almost 85 bps. Meanwhile, we saw the dollar index rise by around 30 basis points, while the 10-year rate fell by seven bps to […]
Precious Metals Miners ETFs Eyeing Strength From Recent Weakness

Precious Metals Miners ETFs Eyeing Strength From Recent Weakness

Image Source: PixabayAfter a few days of weakness, it seems to me that GDX and GDXJ, the precious metals miners ETFs, are well-poised to launch from here, so long as their support levels (basically today’s lows) hold.More By This Author:The Surviving SevenMiners Keep RockingLifetime Industrials High
Macro: Durable Goods

Macro: Durable Goods

First and foremost, Durable goods peaked in the short term in June. A repeated theme, we saw some strength in Sep, October is again weak, expect November to be better given a really bad Nov 22. Aircraft orders are significant. The $16B drop in Durable Goods Orders is from a drop in nondefense aircraft orders. […]
This Indicator Shows If Gold Is In Secular Bull

This Indicator Shows If Gold Is In Secular Bull

An update on Gold vs. the conventional 60/40 portfolio. Gold needs to outperform and trend higher against this portfolio to be in a secular bull market. It is very close to doing so.Video Length: 00:05:16More By This Author:Gold Breakout & Road To $2300 & $2500 Gold New Daily, Weekly, Monthly All-Time High Buy Gold Breakout, […]
Easing Cycles Are No Quick Fix

Easing Cycles Are No Quick Fix

After 475 basis points (bps) of rate hikes between March 2022 and July 2023, Canada’s economy has ground to a halt, with economic activity contracting at a 1.1% annualized rate in the third quarter. Per capita, Canadian GDP has contracted for the past five quarters (below courtesy of RBC Economics).  The rate of change matters most, […]
AUD/JPY Price Analysis: Plunges After RBA’s Dovish Hold, Technicals Hint Downside Risks Remain

AUD/JPY Price Analysis: Plunges After RBA’s Dovish Hold, Technicals Hint Downside Risks Remain

Image Source: Unsplash AUD/JPY dipped below key support levels, like the Kijun-Sen, and Senkou Span. The Chikou Span crossing below the price action, and narrowing distance between Tenkan and Kijun-Sen, signals bears are gaining traction. If AUD/JPY buyers reclaim 97.00, a rally to 98.00 is on the cards. The AUD/JPY began Wednesday’s Asian session with a […]