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Should I Be Worried? Stock Market (And Sentiment Results)…

Should I Be Worried? Stock Market (And Sentiment Results)…

Image Source: Unsplash  Yesterday I joined Neil Cavuto on “Cavuto Coast to Coast” – Fox Business. Thanks to Neil and Jenna DeThomasis for having me on.  In this segment we discussed Markets, the Fed, the American Consumer, Inflation and a lot more. You can watch here:Video Length: 00:03:18The beauty and fun of live TV is that you have […]
Salesforce Guidance Falls Short Of Expectations, Stock Plummets

Salesforce Guidance Falls Short Of Expectations, Stock Plummets

Image Source: Pexels  Salesforce (NYSE: CRM), a leading customer relationship management software provider, reported its first-quarter earnings for fiscal year 2025 after market close on Wednesday. The company’s revenue came in at $9.13 billion, representing an 11% year-over-year increase but falling slightly short of analysts’ average outlook of $9.17 billion.Salesforce posted a GAAP operating margin of 18.7% and […]
FTSE Reverses Early Weakness To Trade In The Green On The Day

FTSE Reverses Early Weakness To Trade In The Green On The Day

Image Source: Pixabay  The FTSE 100 in Britain bounced back from initial declines on Thursday, with Auto Trader Group seeing a rise after surpassing profit expectations. However, gains were limited in the energy sector as oil prices softened. The blue-chip FTSE 100 index saw a slight 0.1% increase, while the mid-cap FTSE 250 also edged up. […]
How Quickly Things Change

How Quickly Things Change

On May 22nd after the close, Nvidia reported blow out earnings and announced a 10:1 stock split. I said the stock should exceed $1000 in after hours trading and it did, but that’s not relevant. What was super important about the next day was that while Nvidia surged higher, the rest of the market gapped and crapped, […]
Bitcoin ETFs approval was a “psychological turning point”: Goldman Sachs

Bitcoin ETFs approval was a “psychological turning point”: Goldman Sachs

The Bitcoin exchange-traded funds (ETF) approval in the US in January was a “big psychological turning point” for crypto, according to Mathew McDermott, Goldman Sachs’ global head of crypto. As reported by Forbes, McDermott highlighted the impact of these ETFs at the Coindesk Consensus conference, adding that Bitcoin ETF “obviously has been an astonishing success.”Given […]
Stocks: Dip-Buying Opportunity Or Trap?

Stocks: Dip-Buying Opportunity Or Trap?

With stock prices going lower yesterday, the question remains: is this a topping pattern?Stock prices declined on Wednesday, with the S&P 500 index closing 0.74% lower after breaking below the 4,300 level again. The market retraced its Tuesday rebound, ending the day near last week’s local low of around 4,257.Last Thursday, stock prices sold off […]
DAX (Germany) Index Elliott Wave Technical Analysis

DAX (Germany) Index Elliott Wave Technical Analysis

DAX (Germany)  Elliott Wave Analysis Trading Lounge Day Chart,DAX (Germany) Elliott Wave Technical AnalysisFUNCTION: TrendMODE: impulsiveSTRUCTURE:orange wave 5POSITION:navy blue wave 3DIRECTION NEXT LOWER  DEGREES: navy blue wave 4DETAILS After orange wave 4, now orange wave 5 of navy blue wave 3 is in play.Wave Cancel invalid level: 17801.19    The DAX (Germany) Elliott Wave Analysis on […]
Yen Carry Trade Meets GDP

Yen Carry Trade Meets GDP

S&P 500 didn‘t maintain Tuesday‘s high close, and neither did Nasdaq – both put in a series of failed premarket relief attempts with altogether three intraday upswings from Thursday‘s panic lows – yet these failed as well. When it was clear the last one was about to go the way of dodo bird, short positioning […]
On Back Of Soft Demand For Treasury Auction, 10-year T-yield Rallies To Upper End Of Symmetrical Triangle

On Back Of Soft Demand For Treasury Auction, 10-year T-yield Rallies To Upper End Of Symmetrical Triangle

The 10-year T-yield has rallied to the upper end of a symmetrical triangle. A sustained breakout can have massive repercussions, as this may be a signal that bond vigilantes are finally demanding higher yields in the face of soaring federal debt/interest payments. With a couple of sessions to go, the 10-year treasury yield is up […]
India Silver Imports Have Already Topped 2023 Total

India Silver Imports Have Already Topped 2023 Total

By Mike Maharrey, Money Metals ExchangeIndia imported more silver through the first four months of 2024 than it did in the entirety of last year.Indian silver imports totaled 4,172 tons of silver from January through April. That compares with 455 tons during the same period in 2023. India imported 3,625 tons of silver last year.India ranks […]