Archives by Month:
- 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:
Elliott Wave Technical Analysis: The Walt Disney Company – Wednesday, March 27
Image Source: Pexels DIS Elliott Wave Analysis Trading Lounge Daily ChartThe Walt Disney Company, (DIS) Daily ChartDIS Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: Motive POSITION: Wave (1).DIRECTION: Upside in wave 5 of (1).DETAILS: After a major bear market that lasted 3 years we have seen support on top of TL1 at 100$. As we are continuing higher we could […]
Australian CPI Falls, Japanese Yen Hits 34-Year Low
The week is relatively light in terms of financial data releases when compared to previous ones, as the Easter holidays will put some markets on hold on Good Friday. The Tokyo CPI report and some GDP data from the US and the UK will likely draw analysts’ attention before going to enjoy the long weekend.On Wednesday morning, the Japanese yen dropped to the lowest level recorded against the US dollar since 1990, […]
S&P 500 Forecast: Seeing Sideways Action
The S&P 500 was a bit choppy early during the trading session on Tuesday as we continue to look to the upside. But I think at this point in time, we may be lacking a real reason to get moving. After all, the major announcement of the week is on Friday, so I think a […]
Bitcoin Breaches $71k As Hong Kong Poised To Approve Spot ETFs
Image Source: Pexels The approval of spot Bitcoin ETFs in Hong Kong is poised to be a game-changer for the cryptocurrency market, potentially serving as a significant catalyst for Bitcoin’s growth and adoption. As the Hong Kong Securities and Futures Commission (SFC) prepares to approve these innovative investment vehicles, the global financial landscape is on the verge of a transformative […]
How The Fed Is Juicing Stocks To Help The Biden Administration
Yesterday, I detailed how the Fed is a political entity… and it leans left.By quick way of review…1) The Bernanke-led Fed launched QE 3 just three months before the 2012 Presidential election. At the time, the economy was growing, unemployment was falling, and there were no signs of systemic duress in the financial system. So […]
The Commodities Feed: Steel Demand In China Disappoints
Photo by Timothy Newman on Unsplash The pick-up in Chinese steel demand remains slower than expected this year, continuing to weigh on steel profit margins and iron ore prices. Meanwhile, a bearish inventory report from the API put pressure on WTI prices this morning. Metals – Chinese steel industry under pressureSteel inventories at major Chinese steel mills rose […]
USD/CAD Forecast: Bank Of Canada Flags Low Productivity
The USD/CAD forecast turns bullish today as the Canadian dollar is losing ground, spurred by the Bank of Canada’s observation of persistently low productivity in Canada. Moreover, the loonie weakened alongside plummeting oil prices.PixabayBoC’s Carolyn Rogers said that Canada’s economy was vulnerable to inflation due to low productivity. Therefore, she urged businesses to increase productivity […]
AUD/USD Dips On Inflation Data, Falling Iron Ore And A Stronger USD
Image source: Pixabay AUD/USD sells off midweek after Australia prints lower-than-expected inflation in February. Another drop in Iron Ore prices, the country’s largest export, further weighs. The US Dollar sees broad-based gains after another strong show of US data. AUD/USD is down by over two tenths of a percent in the 0.6610s on Wednesday after […]
Beware Of Consolidation Ahead
S&P 500 rose intraday only to repeat the flush in the power hour – the goods orders data above expectations didn‘t go well with a soft landing. While that doesn‘t change much for swing traders who would still capitalize on the upleg continuation, the intraday opportunities were amply telegraphed ahead and capitalized on by Ellin and […]
Q4 2023 Earnings: Quality Growth Takes Center Stage
Most companies surpassed earnings expectations in the last quarter of 2023, with growth stocks, particularly in the S&P 500 Growth Index, showing significant earnings growth over value stocks. Pixabay The WisdomTree U.S. Quality Growth Index outperformed other indexes, reporting earnings growth of 41.4%, nearly double that of the S&P 500 Growth Index, despite being under-weight […]
