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FTSE Hovering Around The Flatline, After A Stellar Week

FTSE Hovering Around The Flatline, After A Stellar Week

Image Source: Pexels UK stocks remained subdued on Monday in a shortened holiday week as markets processed recent advances following dovish shifts from major central banks. Meanwhile, Direct Line saw a drop in its shares after Belgian insurer Ageas scrapped its plans to acquire the company. The FTSE 100 index, which includes leading British companies, remained […]
Cloud Stocks: Adobe Monetizing Its Generative AI Tools

Cloud Stocks: Adobe Monetizing Its Generative AI Tools

Photo Credit: midiman/Flickr.com  Adobe (Nasdaq: ADBE) recently reported its quarterly results that were ahead of market expectations. However, it provided a weak outlook that sent the stock tumbling 11% in the after-hours trading session.  Adobe’s FinancialsAdobe’s first quarter revenues grew 11% to $5.18 billion, ahead of the market’s estimates of $5.14 billion. Adjusted EPS of $4.48 […]
US New Home Sales Unexpectedly Dropped In Feb As Prices Tumbled

US New Home Sales Unexpectedly Dropped In Feb As Prices Tumbled

After a big surprise surge in existing home sales, new home sales in February disappointed, dropping 0.3% MoM (vs an expected 2.3% increase).Source: BloombergDespite the decline, new home sales are up 5.9%.Sales declined in the Northeast and Midwest…Source: BloombergWhile homebuilders are buying down rates, we note that mortgage rates jumped back above 7% in February and likely […]
Analytical Overview Of The Main Currency Pairs – Monday, March 25

Analytical Overview Of The Main Currency Pairs – Monday, March 25

Image Source: Pexels  The EUR/USD currency pairTechnical indicators of the currency pair: Prev Open: 1.0860 Prev Close: 1.0807 % chg. over the last day: -0.49 % The euro fell to $1.08, hitting its lowest level since February 29, as dovish comments from typically hawkish European Central Bank policymakers boosted hopes that the bloc’s central bank may start cutting rates soon. […]
What Is The Gold-Silver Ratio? Why Should We Pay Attention To It?

What Is The Gold-Silver Ratio? Why Should We Pay Attention To It?

Image Source: Unsplash  You’ll often hear precious metals investors talk about the gold-silver ratio. So, what is it, and why does it matter?The gold-silver ratio tells you how many ounces of silver it takes to buy one ounce of gold given the current spot price of both metals.In other words, it tells you the price of […]
Hope Springs Eternal, Again, For Small-Cap Equities

Hope Springs Eternal, Again, For Small-Cap Equities

The stock market is soaring and the rising tide has lifted small-cap shares, but if you’ve been expecting a hefty premium (or any premium) in smaller firms, well, there’s still plenty of disappointment to process.There have been periods in recent years when small caps rallied and overtook their large-cap brethren in the performance horse race. […]
Gold Poised To Hit New Records

Gold Poised To Hit New Records

Image Source: Pixabay  The strong trend for gold unravelled somewhat at the back end of last week thanks to a strong US dollar. As the metal retreated from the record high it had hit earlier in the week, it formed some mild bearish price action in the process, denting its short-term technical outlook. However, while it […]
Weekly Market Pulse: Rational Exuberance?

Weekly Market Pulse: Rational Exuberance?

 Image source: Pixabay   But where do we draw the line on what prices matter? Certainly prices of goods and services now being produced–our basic measure of inflation–matter. But what about futures prices or more importantly prices of claims on future goods and services, like equities, real estate, or other earning assets? Are stability of these […]
Is 2024 The New 2021 For Gold Price?

Is 2024 The New 2021 For Gold Price?

The recent two tops in gold were 9 trading days apart… Just like in 2011, and the similarity doesn’t end there.The shape of the price moves that preceded the 2011 top, as well as the length of the consolidations, are also similar.Please note the days that I marked with red arrows based on their huge […]
Elliottwave Technical Analysis: Netflix

Elliottwave Technical Analysis: Netflix

Image Source: Unsplash  NFLX Elliott Wave Analysis Trading Lounge Daily Chart,Netflix Inc., (NFLX) Daily ChartNFLX Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: Motive  POSITION: Wave 3 of (3).DIRECTION: Upside in wave 3.  DETAILS: We are approaching Medium Level at 650$ which is where we could expect wave 3 top. We also have equality of 3 vs. 1 […]