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Sticky Inflation Concerns Could Derail Stocks Rally

Sticky Inflation Concerns Could Derail Stocks Rally

 Image Source: Pixabay Stock bulls may find it difficult to justify buying stocks at these elevated levels as yields rise Rising crude oil prices pose additional risk to inflation outlook S&P 500 technical analysis shows a potential crack in the bullish trend but confirmation is needed   Rising yields and oil prices test bulls’ conviction US […]
Tesla’s Deliveries In Q1 Short Of Expectations, Stock Opens 5.2% Lower

Tesla’s Deliveries In Q1 Short Of Expectations, Stock Opens 5.2% Lower

Image Source: Pexels  Tesla (Nasdaq: TSLA) released its vehicle production and delivery report for the first quarter of 2024. The reported numbers fell short of expectations, and the firm’s stock price dropped over 7% in premarket trading and finally opened at $164.60, a 5.2% drop from the previous close of $173.54.  Tesla Deliveries in Q1 Fall Short of ExpectationsThe company […]
An Unusual Dynamic: Gold And Treasury Yields Rising Together

An Unusual Dynamic: Gold And Treasury Yields Rising Together

Image Source: Unsplash  Gold broke another intraday record on Monday. This continues the gold bull run that has been ongoing for several weeks.But there is something else happening that’s quite unusual.Treasury bond yields are also rising.As gold was setting records on Monday, yields on the long end of the Treasury curve were also rising. The yield […]
Deciding When To Buy: Navigating Bitcoin Halving 2024

Deciding When To Buy: Navigating Bitcoin Halving 2024

Image Source: Pexels  As the countdown to Bitcoin Halving 2024 progresses, investors are faced with a crucial decision: Should they buy Bitcoin before or after the halving event? This question looms large, especially given the diverse range of predictions from crypto experts regarding Bitcoin’s post-halving price.One of the prominent voices in the crypto community, James Butterfill, […]
Sensex Today Ends 110 Points Lower; Broader Indices Rise Over 1%

Sensex Today Ends 110 Points Lower; Broader Indices Rise Over 1%

After opening the day on Flat, Indian share markets turned negative as the session progressed and ended the day lower.Benchmark indices took a breather on Tuesday weighed by profit booking in heavyweights like ICICI Bank, L&T, Infosys, Kotak Bank, Bharti Airtel, TCS, and HCL tech.At the closing bell, the BSE Sensex stood lower by 110 points.Meanwhile, the NSE […]
Elliott Wave Technical Analysis: Walmart Inc.

Elliott Wave Technical Analysis: Walmart Inc.

Image Source: Mike Mozart, Flickr  WMT Elliott Wave Analysis Trading Lounge Daily Chart,Walmart Inc., (WMT) Daily ChartWMT Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulseSTRUCTURE: MotivePOSITION: Minor wave 3 of Intermediate (3).DIRECTION: Upside in wave 3.  DETAILS: We are looking for Minor wave 3 to unfold in front of our eyes. We could be seeing a potential top in wave […]
Easter Bunny Cannot Stop German Disinflation

Easter Bunny Cannot Stop German Disinflation

Image source: Pixabay  Disinflationary trends broaden as headline inflation drops for the fourth month in a row.Even the Easter Bunny can’t stop German disinflation. According to the just-released flash estimate, German inflation has dropped for the fourth consecutive month, with the March headline number coming in at 2.2% year-on-year from 2.5% YoY in February. The European inflation […]
3 Growth Mutual Funds To Boost Your Portfolio Returns

3 Growth Mutual Funds To Boost Your Portfolio Returns

Image Source: Unsplash  Data from Personal Consumption Expenditures (PCE), the Fed’s favorite inflation gauge, released last week provides insights into the price trends of the U.S. economy. The year-over-year PCE price index showed a 2.5% increase in February, up from 2.4% in January, while core PCE, which excludes food and energy prices rose by 2.8% in […]
The US Dollar Strengthens Following Positive Manufacturing Data

The US Dollar Strengthens Following Positive Manufacturing Data

Image Source: Unsplash  The EUR/USD pair has dipped to its lowest since 15 February this year following the release of encouraging data regarding the US manufacturing sector’s activity on Monday. This improvement, the first since September 2022, has bolstered the US dollar’s position.The Institute for Supply Management (ISM) reported that the manufacturing business activity index climbed […]
Powell Indicates Balance Between Inflation And Employment

Powell Indicates Balance Between Inflation And Employment

For the better part of the last two years, Jerome Powell and the Fed have clearly indicated that monetary policy is primarily focused on bringing inflation back to its 2% target. Over the period, Powell indicated he was comfortable with weakness in the labor market if it meant inflation would normalize. Powell’s FOMC press conference […]