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Are US Equities At Risk For Bearish Reversal?

Are US Equities At Risk For Bearish Reversal?

Image Source: Pixabay  US economic data continues to come in on the stronger side and market rate odds for a June cut at the Fed have dipped below 60%, which is the lowest June odds print for the year. The currency market has responded as one would expect, with the US Dollar well in demand across […]
USD/MXN Declines To Near 16.60 As Mexico’s Manufacturing Sector Maintains Stability

USD/MXN Declines To Near 16.60 As Mexico’s Manufacturing Sector Maintains Stability

Image Source: DepositPhotosUSD/MXN retraces its recent gains, depreciating to near 16.60 during the European session on Tuesday. The Mexican Peso (MXN) strengthens as growth in Mexico’s manufacturing sector remains steady in March, contributing to the depreciation of the USD/MXN pair.Moreover, Mexican inflation has increased to 0.27% and 0.33% for both headline and core measures, respectively, […]
CHF/JPY Forecast: Swiss Franc Continues To Consolidate Against Yen

CHF/JPY Forecast: Swiss Franc Continues To Consolidate Against Yen

CHF/JPY consolidates; ¥167 support key. Interest rate dynamics between SNB and BoJ shape pair’s trend. Break above ¥169 may signal uptrend, influencing JPY pairs. The Swiss franc has been back and forth during the trading session on Monday, as this market is going to continue to see a lot of noisy behavior. The ¥167 level […]
I Keep Losing Money In The Stock Market: Confronting The Stupidity Within

I Keep Losing Money In The Stock Market: Confronting The Stupidity Within

Investing in the stock market requires discipline, knowledge, and emotional control. As Jacob Fugger, the wealthiest man of the Renaissance era, once said, “The secret to success is to rise early, work late, and buy when there’s blood in the streets.” This highlights the importance of staying calm and rational during market downturns. Pixabay One of the […]
Corn Commodity Elliott Wave Technical Analysis

Corn Commodity Elliott Wave Technical Analysis

Photo by Wouter Supardi Salari on Unsplash  Corn Commodity Elliottwave Technical Analysis Function – Trend Mode – Counter-TrendStructure – Expecting Impulse Wave Position – Wave 3Direction – Wave 3 is still in playDetails – Wave 2 ended. The surge afterward suggests wave 3 is in play. A break above 448’4 confirms that. Further extension upwards of 480-517 is expected to […]
BYD Reports A 43% Sequential Decline In Q1 Sales

BYD Reports A 43% Sequential Decline In Q1 Sales

Image Source: DepositPhotosBYD Company Limited (BYDDY) is in focus today after reporting a rather huge sequential decline in its quarterly sales. How many vehicles did BYD sell in Q1?The EV company based out of Shenzhen, China sold a total of 300,114 vehicles in Q1 – down a whopping 43% versus the fourth quarter. Year-over-year, BYD did come in […]
Valuing Artificial Intelligence Stocks 
                    
 
 
 
 
 
 

Valuing Artificial Intelligence Stocks            

Artificial Intelligence (AI) is having a powerful impact in the domain of finance. Pixabay Estimates of the 10-year revenue figure vary but could be as high as $3 trillion. Over a similar period, the market value of AI firms is expected to grow at a 37% rate. Although the opportunities seem boundless, valuations conducted in the financial […]
EUR/GBP Pares Losses After Downbeat Housing Data From UK, Trades Around 0.8550

EUR/GBP Pares Losses After Downbeat Housing Data From UK, Trades Around 0.8550

Image source: Pixabay   EUR/GBP trims intraday losses after weaker Nationwide Housing Prices data from the United Kingdom. Germany’s HCOB Manufacturing PMI increased to 41.9 in March, from the previous reading of 41.6. UK Housing Prices stood at 1.6% in March, falling short of the expected 2.4% rise. EUR/GBP trims intraday losses after weaker housing data […]
Nifty Trades Above 22,450; Adani Ports Rises 3%

Nifty Trades Above 22,450; Adani Ports Rises 3%

Asian stocks rose on Tuesday and the dollar firmed, keeping the yen pinned near the 152-per-dollar levels, as expectations that the Federal Reserve was close to cutting interest rates faded.MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.6% higher.The US shares moved mostly lower on Monday, 1 April 2024, weighing the Dow and the […]
Market Briefing For Tuesday, April 2

Market Briefing For Tuesday, April 2

Continuation of rotation – without interruption is mostly an April Fool’s joke as was the argument (not just by politicians) that ‘prices were declining’. Pexels It’s a point here to avoid the political aspect, but there’s no doubting our viewpoint on the ‘pace of inflation slowing’, but not higher prices inherently persisting.That’s been our point all year, and today’s ISM numbers […]