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Where Are 10-Year US Treasury Yields Headed?

Where Are 10-Year US Treasury Yields Headed?

Jim Bianco at Bianco Research thinks there is one more push higher in long-term yields. Then if sentiment is extreme, he will go long.US 10-Year Treasury chart courtesy of StockCharts.Com, annotations by MishThoughts From BiancoGoing to a Neutral StanceNo CapitulationA Chance to Go LongRisk-Reward ThinkingI like this kind of thinking. Trying to get the last […]
FTSE 100 Commentary 
                    
The FTSE Finish Line – May 8 – 2024

FTSE 100 Commentary The FTSE Finish Line – May 8 – 2024

The FTSE Finish Line – May 8 – 2024FTSE Powers Higher Delivering New Record HighsOn Wednesday, the FTSE 100 stock index in London reached a new all-time high, with AstraZeneca leading, AstraZeneca saw a 1.6% increase in its stock value following the company’s announcement of a global recall of its COVID-19 vaccine due to an […]
Higher For Longer

Higher For Longer

The Fed’s decision last week to leave interest rates unchanged due to persistently stubborn inflation reaffirmed their ‘higher for longer’ stance. Following past Fed meetings where rates were not cut, gold and silver typically traded flat or slightly down on the announcements. Market analysts generally agree that metal prices will increase once rate cuts are […]
Japanese Market Commentary – Wednesday, May 8

Japanese Market Commentary – Wednesday, May 8

JPY Weakening AgainThe Japanese Yen is coming under fresh pressure this week, despite recent suspected intervention from Japanese authorities. While details regarding last week’s volatility in JPY FX rates have yet to be disclosed, traders are expecting the BOJ to detail its involvement in the moves, similar to what we saw last September when the […]
Could ACDC Bring Needed Growth To Apple?

Could ACDC Bring Needed Growth To Apple?

In June, Apple is expected to announce its progress on AI development, including Project ACDC, which stands for Apple Chips in Data Center. In a partnership with chip maker Taiwan Semiconductors, Apple hopes to make ACDC a competitor in what some are calling the AI arms race. Accordingly, ACDC will face tough competition from companies […]
Lagrange Labs closes $13.2M to build out ZK proofs based on EigenLayer

Lagrange Labs closes $13.2M to build out ZK proofs based on EigenLayer

Lagrange Labs, a cryptography startup specializing in zero-knowledge (ZK) proofs, has raised $13.2 million in a seed funding round led by Peter Thiel’s Founders Fund.The startup is based on Ethereum’s EigenLayer restaking platform and is aimed at providing decentralized applications with efficient and secure access to otherwise resource-intensive onchain computing power.Lagrange’s flagship product comes in […]
Bear Of The Day: CVS Health

Bear Of The Day: CVS Health

CVS Health (CVS) is a Zacks Rank #5 (Strong Sell) that is a prominent player in the health solutions sector in the United States.The stock has had a rough couple of years but has held up until recently. A recent earnings surprise miss has taken away a lot of hope from investors and the stock has […]
GBP/USD Test 1.25 Pivotal Level Ahead Of BoE, UoM 
                    
All eyes on BoE policy decision for pound trader

GBP/USD Test 1.25 Pivotal Level Ahead Of BoE, UoM All eyes on BoE policy decision for pound trader

The FX markets have been a little quieter so far this week, largely due to a quiet US data calendar. But as we approach the business end of the week, we should see pockets of elevated volatility and some independent moves in the likes of the British pound. The Bank of England is meeting on […]
GBP/USD Forecast: BoE To Implement Two Rate Cuts In 2024

GBP/USD Forecast: BoE To Implement Two Rate Cuts In 2024

The GBP/USD forecast paints a bearish picture as investors gain confidence that the Bank of England will implement two rate cuts this year. At the same time, the dollar regained momentum as the effects of the downbeat jobs report wore off.The Bank of England will meet on Thursday, and economists expect policymakers to maintain interest […]
Unlocking ASX Trading Success: REECE LIMITED – REH Stock Analysis & Elliott Wave Technical Forecast 1

Unlocking ASX Trading Success: REECE LIMITED – REH Stock Analysis & Elliott Wave Technical Forecast 1

ASX: REECE LIMITED – REH Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart) Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with REECE LIMITED – REH. We have determined that wave (iv)-purple seems to have ended, and wave (v)-purple is being unfolded to push higher, towards the immediate target at around 30.00 – 31.10.  ASX: REECE LIMITED – REH […]