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This Bear Trap Could Earn Huge Profits On Tuesday

This Bear Trap Could Earn Huge Profits On Tuesday

Image Source: UnsplashFinal week of March – let’s do this!Markets were messy today, but I see 3 clues telling me this BEAR TRAP could be a HUGE PAYDAY on Tuesday!Emini and Nasdaq are bullish overall, but bearish in the short-term…Situations like these are perfect for Bear Traps.  All we need is the right entry signal! E-Mini […]
Buy 5 Top-Ranked ETFs To Play Broadening US Market Rally

Buy 5 Top-Ranked ETFs To Play Broadening US Market Rally

Image Source: PixabayThe financial market backdrop has been witnessing a tectonic shift thanks to a more optimistic economic outlook and dovish Fed cues. Both inspire investors to broaden their focus beyond the massive growth and technology stocks. This pivot is reshaping the U.S. stock market dynamics, previously dominated by a handful of major players.More broadly, the […]
NZD/USD Trades Sideways Above 0.6000 On Softer US Dollar, US PCE Data Eyed

NZD/USD Trades Sideways Above 0.6000 On Softer US Dollar, US PCE Data Eyed

Photo by Thomas Coker on Unsplash NZD/USD hovers around 0.6000 in Tuesday’s early Asian session.  The US February New Home Sales came in at -0.3% MoM vs. 1.7% gain in January, weaker than expected.  Concerns over stunted economic growth and the slump in the GDP numbers weigh on the Kiwi.  The NZD/USD trades on a flat note around […]
Current Analysis: Fortescue Ltd

Current Analysis: Fortescue Ltd

Image Source: PixabayFortescue (FSUMF) is an Australia-based iron ore miner. It has grown from obscurity since 2008 to become the world’s fourth-largest producer. Growth was fueled by debt, now repaid.Expanding from 55 million metric tons in fiscal 2012 to about 185 million metric tons in 2022, Fortescue now supplies nearly 10% of global seaborne iron ore. Further […]
Biotechnology And Healthcare, A Bit Of A Lull

Biotechnology And Healthcare, A Bit Of A Lull

Image Source: Unsplash   Strong momentum of Tech and Chip stocks may be too good of a distraction for biotech investors. New therapeutic themes for 2024 are neuroscience and psychedelics. Core positions in neuroscience are ABBV, LLY, and SUPN. The S&P 500 rose to new highs (5234.18) over the past week as the Fed held interest rates […]
Mapped: Unemployment Claims By State

Mapped: Unemployment Claims By State

Unemployment claims per 100,000 people is a handy metric for gauging the health of the job market. Generally speaking, a higher number of claims suggests that more people are unemployed, which may highlight issues with the economy.In this graphic, we’ve visualized the number of weekly initial unemployment claims per 100,000 people in the labor force […]
Stocks Drop As Credit Spreads Start To Widen On March 25

Stocks Drop As Credit Spreads Start To Widen On March 25

Stocks finished lower on Monday, with a good portion of the decline coming in the final 10 minutes, when a nearly $2 billion sell imbalance was posted for the closing cross. Meanwhile, the VIX was higher while rates and spreads rose. The dollar took a break following a colossal move last week.One spread to watch […]
DWAC Begins Trading Under DJT

DWAC Begins Trading Under DJT

As we might cover any new publicly traded stock, we wish to bring unbiased fundamental and technical analysis on DWAC – by tomorrow called DJT.I cannot help but mention that the new symbol as former President Trump’s initials could be a boon or mistake.That though, remains to be seen.As for this SPAC now on the […]
Nasdaq 100 And S&P 500 – Elliott Wave Analysis Update

Nasdaq 100 And S&P 500 – Elliott Wave Analysis Update

Image Source: Unsplash Interesting day – yes again – both the NQ and ES trading under lower volumes and seemingly higher volatility. The EW counts ( yes, this old dog can learn new tricks) – have been updated to include today’s trade — and after going over the counts with Sascha Goring ( my colleague in […]
Consumer Stress Is Evident In The Declining Price Of New Homes

Consumer Stress Is Evident In The Declining Price Of New Homes

New Home Sales Prices from the Commerce Department, chart by Mish. New Home Sales Key Points The average sales price peaked at $568,700 in December of 2022. The median sales price peaked at $498,800 in October of 2022. The average sales price in February of 2024 is $485,000. That’s a decline of 14.7 percent, $83,700 […]