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Gold Measures Lack Of Fiscal Discipline

Gold Measures Lack Of Fiscal Discipline

Japanese 10-year bond yields reached their highest level since 2011 this week: This means that the value of bonds issued by Japan over the past 13 years has fallen considerably.This loss on Japanese bonds is compounded by the yen’s depreciation against the dollar. The year 2022 marked the end of a 10-year consolidation. Since the marked […]
Europol shuts down malware dropper ring linked to at least $75M in stolen crypto

Europol shuts down malware dropper ring linked to at least $75M in stolen crypto

In a coordinated effort spanning multiple countries, Europol has carried out Operation Endgame, a large-scale crackdown on the malware dropper ecosystem. The operation, led by France, Germany, and the Netherlands, was conducted between May 27 and 29, 2024, and targeted various malware droppers, including IcedID, SystemBC, Pikabot, Smokeloader, Bumblebee, and Trickbot.Investigations revealed that one of […]
U.S. PCE Data Today: Does S&P 500 Have Any Upside Left?

U.S. PCE Data Today: Does S&P 500 Have Any Upside Left?

 Image Source: Pixabay   U.S. core PCE index was up in line with expectations in April. BMO Capital now sees upside in the S&P 500 to 5,600 by year end. The benchmark index is already up well over 10% year-to-date. U.S. stocks are in focus today after the Bureau of Economic Analysis said the core personal consumption […]
Elliott Wave Technical Analysis: Meta Platforms Inc. – Friday, May 31

Elliott Wave Technical Analysis: Meta Platforms Inc. – Friday, May 31

Image Source: Unsplash  META Elliott Wave Analysis Trading Lounge Daily Chart,Meta Platforms Inc., (META) Daily ChartMETA Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minor 2.  DIRECTION: Upside in 3 of (5).DETAILS: Looking for a bottom in place in wave (4), looking to start trading above TL5 at 500$.META Elliott Wave Analysis Trading Lounge 4Hr Chart,Meta Platforms Inc., (META) 4Hr […]
Disinflation Watchout

Disinflation Watchout

S&P 500 rebounded before GDP data, and most traders missed their key element, making the upswing doomed for economic reasons. You can have rate cut expectations going up on soft landing data, but if corporate profits are down -1.7%, where does that leave first stocks (E and P/E), and ultimately the job market?Another thing is the […]
Lets Knock On Wood

Lets Knock On Wood

We haven’t written lately on Cathie Wood and her ARKK Innovation ETF. But given the popularity of her funds, their horrendous results over the last three years, and Wood’s preposterous claims, let’s knock on Cathie Wood and ARKK.Wood started the ARKK fund and others in 2014. The flagship fund, ARKK Innovation Fund, seeks long-term growth […]
Alphabet Inc. DCF Valuation: Is The Stock Undervalued?

Alphabet Inc. DCF Valuation: Is The Stock Undervalued?

Image Source: Pixabay  As part of a new series, each week we typically conduct a DCF on one of the companies in our screens. This week we thought we’d take a look at one of the stocks that is not currently in our screens, Alphabet Inc (GOOG).  ProfileAlphabet is a holding company. Internet media giant Google […]
The Dollar Index Is Under Slight Pressure At 104.80 Level

The Dollar Index Is Under Slight Pressure At 104.80 Level

Dollar index chart analysisThe dollar index is retreating from this week’s high formed yesterday at 105.18. Yesterday’s strong bearish consolidation brought the dollar down to 104.63 levels. After that, we sing to stabilize there and start the recovery. During this morning’s Asian trading session, the index recovered to 104.90, where it is encountering new resistance.Now, we see […]
Italian GDP Growth Confirmed As Demand Breakdown Adds Upside Risks For 2024

Italian GDP Growth Confirmed As Demand Breakdown Adds Upside Risks For 2024

Image Source: Pexels  The demand breakdown shows that inventory changes heavily dragged on domestic demand in Italy in the first quarter. Normalization on this front would add upside risks to our projected growth profile The revised release of Italian GDP data for the first quarter of 2024, which now includes the demand breakdown, helps shed some light on […]
New Zealand Dollar Gains For Second Day Against US Dollar

New Zealand Dollar Gains For Second Day Against US Dollar

Image Source: Pixabay  The New Zealand dollar continues its ascent for the second consecutive session against the US dollar, resulting in the NZD/USD pair climbing to 0.6125. This increase is attributed to recent US economic data indicating slower-than-expected growth in Q1, suggesting the possibility of an interest rate cut by the end of the year.The market […]