Archives by Month:
- January 2025
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- January 2024
- December 2023
- November 2023
- October 2023
- August 2023
- July 2023
- June 2023
- May 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- July 2016
- June 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- June 2009
- April 2009
- February 2009
- December 2008
- November 2008
- October 2008
- August 2008
- June 2008
- May 2008
Archives by Year:
Crude Oil Futures: Further Weakness On The Cards
Image Source: PixabayConsidering advanced prints from CME Group for crude oil futures markets, open interest increased by nearly 11K contracts after three consecutive daily pullbacks. On the other hand, volume left behind two daily builds in a row and went down by around nearly 184K contracts.WTI: Immediate support remains around $82.00WTI prices edged lower on Thursday amidst […]
4 Hour Chart Elliott Wave Technical Analysis: NZDUSD – October 27
Photo by Thomas Coker on UnsplashNZDUSD Elliott Wave Analysis Trading Lounge 4 Hour Chart, 27 October 23New Zealand Dollar/U.S.Dollar (NZDUSD) 4 Hour ChartNZDUSD Elliott Wave Technical AnalysisFunction: TrendMode: impulsive Structure: sub-waves of a new trendPosition: red wave 3Direction Next higher Degrees: new trend may be started Details: blue wave 5 of C looking completed at fib level 0.5, now looking […]
A Couple Of Points
Image Source: UnsplashI didn’t feel right ending the day without another post, so I wanted to share this chart and say a couple of things about it.The above chart is of the NASDAQ futures over just about the last forty-eight hours.. The green arrow marks the last time the /NQ respected Fibonacci support. It hit this level to […]
Financial Markets Report For Thursday, October 26
Image Source: UnsplashIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, October 26.Video Length: 00:11:51More By This Author:Metals Report For Thursday, October 26SPDR ETF Report For Wednesday, October 25Financial Markets Report For Wednesday, October 25
Chart Of The Week: Booming GDP?
Q3 GDP came in at a boomy 4.9%. The chart at the right breaks down the contributions by component. The primary drivers were inventories and personal consumption at 1.3% and 2.69%. The inventory rebuild is a volatile component, but the consumption figure is impressive and reflects the most important component of GDP.The US consumer has […]
Elliott Wave Technical Analysis: ETHUSD – Friday, October 27
Image Source: Pixabay Elliott Wave Analysis TradingLounge Daily Chart, 27 October 23, Ethereum/U.S. dollar(ETHUSD) ETHUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave ((3)) Direction Next higher Degrees: wave 1 of Impulse Wave Cancel invalid level: Details: The correction is likely to end at the level of 1520. A five-wave increase […]
Amazon Q3 Earnings Suggest It’s ‘Pulling Various Levers’ To Please Investors Amazon did not issue an impressive guidance
Image Source: Unsplash Amazon reports market-beating results for its fiscal third quarter. JMP Securities analyst Nick Jones shares his view on AMZN. Amazon stock is currently up close to 40% versus the start of 2023. Amazon.com Inc (AMZN) is marginally down in extended hours even though it reported better-than-expected results for its fiscal third quarter.AWS was […]
This Snap Back Trade Could Make Your Entire Week
Image Source: UnsplashOne day left – let’s finish strong!Markets are range-bound, and tomorrow’s a Friday…Put those 2 clues together and you get the recipe for the perfect SNAP BACK setup to finish the week!Emini and Nasdaq are range-bound going into Friday and we’re filtering the SNAP BACK trade based on the 60minute momentum…E-Mini S&P (ES): Emini […]
Stock May Underperform Bonds Going Forward
Image Source: PixabayStocks finished the day lower and were saved by a drop in rates following a solid 7-year auction. This pushed Treasury rates lower in the second half of today’s trading session. It allowed stocks to rally off their lows and the S&P 500 to finish the day down by about 1.2%.Tomorrow will be the […]
Current Analysis: Sumitomo Corporation
Image Source: UnsplashSumitomo Corp (SSUMY) is a Japanese conglomerate that operates various business units: metal products; transportation and construction systems; environment and infrastructure; media, ICT, and lifestyle-related goods and services; and mineral resources, energy, chemical, and electronics.The businesses develop, manufacture, distribute, and service steel sheets, steel tubular products, nonferrous metal products, ocean and aerospace equipment, railway […]
