Archives by Month:

Archives by Year:

SP500 Is Unfolding A Five-Wave Bullish Impulse

SP500 Is Unfolding A Five-Wave Bullish Impulse

Looking at the 4h time frame of SP500, we were seeing price coming nicely and impulsively back to all-time highs, which is most likely wave (3) of a five-wave bullish cycle, because of a broken base channel, so more upside can be seen for wave (5) after current wave (4) correction is completed. Nice technical […]
US Stock Futures Rise As Investors Eye Key Economic Data And Earnings Reports

US Stock Futures Rise As Investors Eye Key Economic Data And Earnings Reports

US stock futures advanced on Tuesday as investors returned from a holiday-extended weekend, focusing on upcoming economic reports that could influence the Federal Reserve’s interest rate outlook. Futures for the Dow and S&P 500 edged up by 0.1%, while Nasdaq 100 futures gained 0.2%.The previous week saw mixed performances across the major indices. The Dow […]
Tuesday Talk: Onwards And Upwards

Tuesday Talk: Onwards And Upwards

Onwards and upwards seem to be the watchwords for the market, though watchwords and stock markets are more than a bit of an oxymoron. Let’s just hope that Friday’s U.S. inflation data falls in line with market expectations. depositphotosMonday the S&P 500 closed at 5,305, up 37 points, the Dow closed at 39,070, up 4 points […]
EUR/GBP Remains Above 0.8500 After Rebounding From Nine-month Lows

EUR/GBP Remains Above 0.8500 After Rebounding From Nine-month Lows

EUR/GBP rebounds from the nine-month low of 0.8496 recorded on Monday, trading around 0.8520 during the European session on Tuesday. European Central Bank (ECB) Executive Board member Isabel Schnabel said at the 2024 BOJ-IMES Conference on Tuesday that Quantitative Easing (QE) may have weakened the transmission of monetary policy during the recent tightening cycle. In a bank-based […]
NWS Stock Analysis & Elliott Wave Technical Forecast – Tuesday, May 28

NWS Stock Analysis & Elliott Wave Technical Forecast – Tuesday, May 28

ASX: NEWS CORPORATION. – NWS Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart) Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with NEWS CORPORATION. – NWS. We determined there was going to be a good trading opportunity with NWS when wave (ii)-orange opened and then it ended. ASX: NEWS CORPORATION. – NWS Elliott Wave Technical Analysis  ASX: […]
Postcards: Five Things To Think About

Postcards: Five Things To Think About

Dear Fellow Expat:While driving back from New York City, I read the news about the Libertarian Party. The party somehow nominated a former Democrat and donor to Barack Obama, who also supported vaccine mandates. Image via Garret Baldwin My wife and I discussed it… and I noted that the 2024 clown car is now officially full, and now […]
FX Daily: No News Is Good News

FX Daily: No News Is Good News

Cross-market volatility continues to fall as investors seem to be positioning for benign US inflation data later this week. This risk-positive environment has seen the dollar drift a little lower but the Japanese yen staying weak too. Expect more of the same today, with the focus on US consumer confidence and eurozone inflation expectations.  depositphotosToday’s focus for FX […]
Investors Bet On Benign Inflation

Investors Bet On Benign Inflation

In a song that remains the same type of market, cross-market volatility continues to take a vacation as investors cozy up to the idea of benign US inflation data later this week. depositphotos This sunny outlook has nudged the dollar down a tad, while the Japanese yen remains weak and shaky. Expect more of this cheerful monotony […]
4 Energy Companies Announcing Aggressive Buyback Programs

4 Energy Companies Announcing Aggressive Buyback Programs

Image Source: PixabayA share buyback, also known as a stock repurchase, occurs when a company buys back its own shares from the marketplace. This practice reduces the number of outstanding shares, which can increase the value of remaining shares and boost earnings per share (EPS). Over recent decades, share buybacks have become a preferred method for […]
Brent Crude Oil Forecast As US Summer Driving Season Starts

Brent Crude Oil Forecast As US Summer Driving Season Starts

Photo by American Public Power Association on Unsplash The US Summer driving season has started in the Memorial Holiday weekend. Analysts expect that more Americans will travel this Summer. Brent and WTI are reacting to higher demand and supplies. The Brent crude oil price drifted upwards on Monday as investors focused on the upcoming driving season in the United States. […]