Archives by Month:

Archives by Year:

Elliott Wave Technical Analysis: ASX – Santos Limited (STO)

Elliott Wave Technical Analysis: ASX – Santos Limited (STO)

Image Source: Unsplash  ASX – SANTOS LIMITED (STO) Elliott Wave Technical Analysis – 19 March 24  ASX – SANTOS LIMITED (STO) Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart), March 19, 2024Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with SANTOS LIMITED (STO) shares. We observe that STO may continue to rise […]
Market Briefing For Tuesday, March 19, 2024

Market Briefing For Tuesday, March 19, 2024

Fitting parts of AI together is complicated with the future unknown with regards to many aspects. Monetizing is difficult, hence the focus on smaller disruptive stocks that area already generating revenue, but may face larger competition or be bought-out (especially where they have strong Patents).PixabayToday Apple and Google essentially tried to ‘ambush’ Nvidia ahead of the post-Close Keynote at their first developer live/virtual […]
SPDR ETF Report For Monday, March 18

SPDR ETF Report For Monday, March 18

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day just ended, Monday, March 18.Video Length: 00:08:15More By This Author:Metals Report For Monday, March 18 Financial Markets Report For Monday, March 18 Metals Report For Thursday, March 14
Immigration 2021-23: Supply And Demand Shock

Immigration 2021-23: Supply And Demand Shock

Image Source: PixabayOr, why has the US done so well. Part of it’s immigration. From Goldman Sachs “Upgrading Our GDP and Payrolls Forecasts to Reflect Elevated Immigration (Walker)” released yesterday: Recent studies suggest that Census data used for the household survey of the employment report understated immigration in 2023. We estimate that immigration was 1½mn above […]
Elliott Wave Technical Analysis: Ethereum Crypto Price

Elliott Wave Technical Analysis: Ethereum Crypto Price

Image Source: PixabayEthereum Crypto Price News Today – Elliott Wave Technical Analysis,Ethereum/ U.S. dollar(ETHUSD)ETHUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave (3)Direction Next higher Degrees: wave ((3)) of ImpulseWave Cancel invalid level:Details: Wave 3 may be complete and prices are corrected in wave 4.Ethereum/ U.S. dollar(ETHUSD)Trading Strategy:Ethereum is still in its Wave 3 rally, […]
Time To Buy These Top-Rated Basic Materials Stocks Amid An Uptick In Inflationary Data

Time To Buy These Top-Rated Basic Materials Stocks Amid An Uptick In Inflationary Data

Image Source: UnsplashAn uptick in inflation can of course be beneficial to many basic materials companies as they are often able to capitalize on higher commodity prices.Markets have remained resilient despite February’s CPI (Consumer Price Index) and PPI (Producer Price Index) data coming in hotter than anticipated but it may be time to consider buying several […]
AUD/JPY Struggles To Lure Buyers, Remains Below 98.00 Mark After RBA/BoJ Announcements

AUD/JPY Struggles To Lure Buyers, Remains Below 98.00 Mark After RBA/BoJ Announcements

Image Source: Unsplash AUD/JPY retreats from over a one-week high after the RBA and the BoJ announced their decisions. The RBA decided to keep the benchmark rates unchanged for the third straight meeting in March. The BoJ ends the negative interest rates era and also scraps the Yield Curve Control (YCC) policy. The AUD/JPY cross continues […]
Reserve Bank Of Australia Drops Its Tightening Bias

Reserve Bank Of Australia Drops Its Tightening Bias

Image Source: PexelsWhat has changed?The RBA met today to discuss policy, but there was no expectation of any rate change today, and the entire focus of the market was on the RBA’s statement and guidance.The sum-total of what markets are reacting to today amounts to eleven words, these are “…and a further increase in interest rates […]
EUR/JPY Gains Momentum Above 162.70 As BoJ Ends Negative Interest Rate Era

EUR/JPY Gains Momentum Above 162.70 As BoJ Ends Negative Interest Rate Era

Image Source: Pixabay EUR/JPY holds positive ground around 162.77 after the BoJ rate decision.  BoJ decided to end a negative interest rate era that began in 2016, in line with market expectations. ECB’s de Cos said the central bank may start cutting rates in June if inflation in the eurozone continues to ease. Investors will focus […]
Bank Of Japan (Finally) Kills The World’s Last Negative Interest Rate, Yen Weakens

Bank Of Japan (Finally) Kills The World’s Last Negative Interest Rate, Yen Weakens

Image Source: PexelsAs has been thoroughly warned, straw-manned, leaked, and hinted at over the past few weeks (here, here, and here for example), The Bank of Japan hiked interest rates tonight for the first time since 2007. This move ends the world’s last negative interest rate policy.The vote, at 7-2 to scrap the negative interest rate (setting the policy rate […]