December 2023 - Page 204 of 232 -

AUD/USD Forex Signal: Dovish RBA Sees Aussie Fall

Dec 05, 2023 Jeremy Parkinson Finance 0

Risk sentiment took a hit yesterday, and risky assets have sold off quite firmly, and the Aussie is nothing if not a risk asset these days. My previous signal on 29th November was not triggered, as none of the key support or resistance levels which I had identified were reached that day. Today’s AUD/USD SignalsRisk 0.75%Trades may only be […]

Silver Is Consolidating Within A Larger Bullish Triangle

Dec 05, 2023 Jeremy Parkinson Finance, No picture 0

Photo by Scottsdale Mint on UnsplashSilver is trading sideways since 2021, a move that can be a corrective because of choppy and overlapping price action. Ideally, its a very big triangle in progress, currently testing an important trendline resistance where subwave D can be looking for a top after that sharp turn lower. As such, […]

Natural Gas Futures: Further Weakness In The Pipeline

Dec 05, 2023 Jeremy Parkinson Finance 0

Considering advanced prints from CME Group for natural gas futures markets, open interest maintained the choppy activity in place and went up by around 3.7K contracts on Monday. In the same direction, volume rose by around 91.6K contracts following the previous daily. Natural Gas appears supported by the 200-day SMAPrices of natural gas started the new trading […]

Elliott Wave Technical Analysis Day Chart: British Pound/Japanese Yen – Tuesday, Dec. 5

Dec 05, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash GBPJPY Elliott Wave Analysis Trading Lounge Day Chart, 5 December 2023British Pound/Japanese Yen(GBPJPY) Day ChartGBPJPY Elliott Wave Technical AnalysisFunction: TrendMode: Corrective as wave 4Structure: abc likely zigzagPosition: main blue wave 5Direction Next Higher Degrees: red wave 5 of 5Details: red wave 4 as correction is in play after that red wave 5 of […]

Elliott Wave Technical Analysis 4 Hour Chart: British Pound/Japanese Yen – Tuesday, Dec. 5

Dec 05, 2023 Jeremy Parkinson Finance 0

Photo by Colin Watts on Unsplash GBPJPY Elliott Wave Analysis Trading Lounge 4 Hour Chart, 5 December 2023British Pound/Japanese Yen(GBPJPY) 4 Hour ChartGBPJPY Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: A of red wave 4Position: red wave 4Direction Next Higher Degrees: B of 4Details: Black wave A of 4 is in play, after that b of 4 expected. […]

FX Daily: Data Check As Fed Dovish Bets Peak

Dec 05, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Markets have scaled back some dovish bets on the Fed at the start of this week, perhaps starting to position more cautiously ahead of a Fed pushback and key data releases. Today, JOLTS and ISM services figures will move the market. We retain a moderate bullish bias on the dollar in the near […]

Stocks Drop On December 4

Dec 04, 2023 Jeremy Parkinson Finance 0

Stocks finished the day lower, with the S&P 500 declining by 54 bps and the NASDAQ 100 dropping by 99 bps. Today felt like a continued rotation from what was seen on Friday when small-caps and cyclical rallied, and large-cap technology struggled.I think this rotation is most visible in the S&P 500 growth ETF to […]

On The Hunt For Bargains

Dec 04, 2023 Jeremy Parkinson Finance 0

BARGAIN HUNTING AROUND THE WORLDHere at Capitalist Exploits HQ, we like to steer clear of popular investments. Instead, we gravitate towards what’s out of favor (or even hated).So when we came across this chart a few days ago, our palms started to itch. We knew non-US stocks were out of favor, but we had no […]

5 Stocks That Powered S&P 500 ETF This Year

Dec 04, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay After several twists and turns, the S&P 500 set a record high of 2023, extending its blockbuster November rally. With the latest surge, the benchmark quickly erased its steep drop seen in the summer and has gained 20% so far this year. SPDR S&P 500 ETF Trust (SPY – Free Report) , the proxy version of the […]