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Transactional Tuesday – Retail Sales Stay Strong

Transactional Tuesday – Retail Sales Stay Strong

Image Source: Pixabay  I hope everyone had a great holiday weekend! If not, don’t worry – there’s another one in 4 days as it’s already Tuesday and no one is going to take this week seriously anyway. Christmas spending is expected to hit $1.1Tn this year, that’s 18.3% out of $6Tn of total consumer spending for the year […]
Chart Of The Day: JFrog – Leap Frogs The Rest

Chart Of The Day: JFrog – Leap Frogs The Rest

Image Source: Pixabay  The Chart of the Day belongs to the software company JFrog (FROG). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum, and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent […]
Inflation Report Fuels Speculation Of Earlier Fed Cuts, Equities Display Signs Of Fatigue

Inflation Report Fuels Speculation Of Earlier Fed Cuts, Equities Display Signs Of Fatigue

Recent indicators reveal a marginal increase in the gauge employed by the Federal Reserve to measure inflation in November, bringing it closer to the central bank’s target. The core Personal Consumption Expenditures (PCE) price index, excluding the volatile elements of food and energy, saw a 0.1% uptick for the month, with a 3.2% rise from […]
Market Blast – December 26 
                    
 

Market Blast – December 26  

The FuseEquity futures are modestly higher following the long three day weekend. Stocks are on an eight week winning streak and have not had a down week since late October. The Santa Claus Rally period is in full view, we’ll see if buyers step after Santa’s journey Sunday evening.FreepikInterest Rates are slightly lower on the […]
The Bull And Bear Case For SPX In 2024

The Bull And Bear Case For SPX In 2024

Image Source: Unsplash  How does 2024 look for the S&P 500? Here’s a quick look at the bull and bear case for the index.In 2023, the S&P 500 index demonstrated a remarkable performance. Opening the year at 3,853 on January 3rd, the index closed at an impressive 4,746 on December 21st, marking a year-to-date increase of 23.16%. […]
Is The Bond Market Set To Roar In 2024?

Is The Bond Market Set To Roar In 2024?

The US bond market has had a rough ride for much of the past two years, but the powerful rally over the last two months suggests the worst is over. Cherry-picking analytics from the recent crop of 2024 outlooks that are seasonal standards this time of year provides inspiration for thinking that the new year […]
Crude Oil Forecast: Shows Vigor On Friday 
                    
 

Crude Oil Forecast: Shows Vigor On Friday  

FreepikWTI Crude OilThe West Texas Intermediate Crude Oil market exhibited a modest rally on Friday, suggesting a possible push towards the pivotal $75 level. Should this level be breached, the market may aim for the 50-day Exponential Moving Average, followed by a potential ascent to the $79 level. However, it’s important to acknowledge that we […]
Bank Bailout Program Balance Surges Again In December

Bank Bailout Program Balance Surges Again In December

What’s going on with US banks?Over the last month, loans outstanding in the Federal Reserve bank bailout program increased by $17.24 billion. It was the second month we’ve seen borrowing from the Bank Term Funding Program (BTFP) surge. And the pace of borrowing is increasing.Between December 13 and December 20, the balance in the BTFP grew by […]
AUD/USD Forecast: Continues To March Towards 0.68

AUD/USD Forecast: Continues To March Towards 0.68

At the end of the day, the Australian dollar’s recent performance suggests continued upward momentum.The AUD/USD experienced an initial pullback during Friday’s session but then quickly reversed course, displaying signs of vitality. In simple terms, this suggests that the market is likely to continue its upward trajectory. Traders are factoring in the idea that the Federal Reserve will reduce […]
Babycare, China’s Leading Mother And Baby Company, May Enter Middle East Market

Babycare, China’s Leading Mother And Baby Company, May Enter Middle East Market

Recently, EqualOcean exclusively learned that , Babycare, a leading company in the Chinese mother and baby industry, has launched its flagship store in the mother and baby area on the second floor of Dubai Mall in Dubai, United Arab Emirates. Previously, it successfully opened two stores in Sharjah and Abu Dhabi.FreepikAdopting the agency system, it […]