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The Three Musketeers Have Fallen – What Will The Bears Say Now?

The Three Musketeers Have Fallen – What Will The Bears Say Now?

This is going to be a quick update as I am catching a flight home. Throughout the Q3 pullback, I often discussed the three keys for a durable bottom. They were crude oil, rates, and the dollar. I continually received pushback that there was no way rates and crude could go lower although people always […]
Travelers Looks Like Will Make A Double Correction Lower.

Travelers Looks Like Will Make A Double Correction Lower.

The Travelers Companies, Inc., TRV, is an American insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents. Weekly TRV Chart July 2023 TRV ended a great super cycle in the year of 2019 reaching a peak at $154.86 which we call the […]
EUR/USD Price Analysis: Above 1.0945 Comes 1.1000

EUR/USD Price Analysis: Above 1.0945 Comes 1.1000

EUR/USD adds to the monthly rally and revisits 1.0940. Next on the upside comes the 1.1000 threshold. EUR/USD adds to the ongoing optimism and reaches a new three-month peak around 1.0940 at the beginning of the week.The continuation of the upward bias could see the weekly high of 1.0945 (August 30) revisited sooner rather than later. […]
Crude Oil Commentary – Monday, Nov. 20

Crude Oil Commentary – Monday, Nov. 20

Image Source: Pixabay  Futures Rallying on USD WeaknessCrude oil is starting the week in a healthier fashion with the crude futures extending the gains seen on Friday through early trading today. The main driver behind the move is the continued weakness we’re seeing in the US Dollar. With the greenback under heavy selling pressure, as traders move […]
Elliott Wave Technical Analysis: Microsoft Corp. – Monday, Nov. 20

Elliott Wave Technical Analysis: Microsoft Corp. – Monday, Nov. 20

Image Source: Unsplash  Microsoft Corp., Elliott Wave Technical AnalysisMicrosoft Corp (Nasdaq: MSFT): 4h Chart, 20 November 2023MSFT Stock Market Analysis: We have been anticipating the up move into wave {iii} and we are now starting to look for a potential target. As we seem to be near completion of wave {iii}, 1.618 {iii} vs. {i} stands […]
Weekly Market Pulse: Has Inflation Really Peaked?

Weekly Market Pulse: Has Inflation Really Peaked?

Image Source: Pexels  Stocks, REITs, and bonds all rallied last week on the back of what was interpreted as good news on inflation. The CPI report was better than expected, with the overall level flat from September to October. Core inflation, less food and energy, was also better than expected at up 0.2%. Producer prices, reported […]
PBOC Left Key Rates Unchanged; OPEC+ Plans To Cut Production To Support Oil Prices

PBOC Left Key Rates Unchanged; OPEC+ Plans To Cut Production To Support Oil Prices

Image Source: Unsplash  At Friday’s close, the Dow Jones Index (US30) added 0.01% (+2.01% for the week), while the S&P 500 Index (US500) increased by 0.13% (+2.44% for the week). On Friday, the Nasdaq Technology Index (US100) closed positive by 0.08% (+2.76% for the week). The broad market initially went down on Friday as bond yields rose following Friday’s economic news from the US showing an […]
OWL: This Just Became The Best BDC For Income

OWL: This Just Became The Best BDC For Income

Image Source: Unsplash  Business development companies (BDCs) operate under special rules that limit the amount of debt they can use, and they must pay out 90% of net investment income as dividends to investors. That makes them excellent investments for those looking for income.And the best one in the business IPOd just four years ago, and […]
This Week: Nasdaq 100 Traders’ Attention On FOMC And Nvidia

This Week: Nasdaq 100 Traders’ Attention On FOMC And Nvidia

Last week, this tech-heavy index posted a new year-to-date high as it flirted with the 16,000 mark. Equity bulls will be hoping that the events on November 21st will help the NQ100_m conquer that psychologically-important level, with an eye of setting a new record high over the near-term. The FOMC meeting minutes and Nvidia’s earnings, […]
Market Signals For The U.S. Stock Market And Indian Stock Market – Monday, Nov. 20

Market Signals For The U.S. Stock Market And Indian Stock Market – Monday, Nov. 20

The S&P 500 and the Nifty rallied last week. Indicators are bullish for the week. Markets have bottomed, as we enter bullish seasonality. We are transitioning from an inflationary regime to a deflationary collapse. The Nifty has caught up to the upside. We are a bit overbought short-term and will likely pull back here.The past week saw US equity markets rise. […]