Archives by Month:
- January 2025
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- January 2024
- December 2023
- November 2023
- October 2023
- August 2023
- July 2023
- June 2023
- May 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- July 2016
- June 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- June 2009
- April 2009
- February 2009
- December 2008
- November 2008
- October 2008
- August 2008
- June 2008
- May 2008
Archives by Year:
Nasdaq 100 & S&P 500 Elliott Wave Update – Wed, May 22
Image Source: UnsplashBoth the ES and NQ continue to subdivide within an ongoing extended 5 wave structures. NVDA’s earnings were solid as expected with the market reacting more to the release of the last FOMC minutes. I’ve updated the labeling and made small adjustments to the Fibonacci levels. The markets may now move back to focusing […]
Japanese 10Y Yield Rises Above 1% For The First Time Since 2013
Yen. Image Source: Pixabay Slowly but surely, Japan’s bond market is approaching its inevitable disintegration.The BOJ is caught in an impossible dilemma, where on one hand it is facing soaring inflation and is forced to tighten monetary policy to prop up and push the imploding yen higher in order to avoid social rebellion,while on the other […]
US House passes landmark FIT21 crypto bill with bipartisan support
The US House of Representatives has approved the Financial Innovation and Technology for the 21st Century Act (FIT21), a wide-reaching bill that establishes regulations for digital asset markets.The bill passed with a 279-136 vote, marking the crypto industry’s biggest-ever policy win in the US and the first time a major crypto bill has cleared one […]
Is The Fed Driving Us Into Recession?
Image Source: Pexels Chris Casey of WindRock Wealth Management joins to explain the shocking truths about the Fed’s policies and how they might be driving us toward recession.In this episode of Wealthion, host Andrew Brill sits down with Chris Casey, Founder and Managing Director of WindRock Wealth Management, to explore whether or not the Fed is […]
The Meme Stock Mania Is Back; Run
Image Source: Unsplash 2021 saw the emergence of meme stocks as Reddit users orchestrated a short squeeze that skyrocketed the price of GameStop Corp (GME) stock. Now, the OG meme stock is back in action. The price of GameStop stock rose dramatically (74.4%) on Monday, May 13, coinciding with Keith Gill’s (also known as “Roaring Kitty”) […]
Russell 2000 Drops Back Into Consolidation
Sellers made more of an impression on the markets today. The Russell 2000 (IWM) dropped out of its ‘bull trap’ challenge and into its prior base. In doing so, the underperformance relative to the Nasdaq accelerated, although other technicals are net positive. After today, the move to test the 20-day MA looks the most likely […]
Nvidia reports $26 billion Q1 revenue, AI crypto tokens show correlative gains
Chip-making tech behemoth Nvidia has announced its Q1 earnings, showing a record quarterly revenue of $26 billion, up by 5.5% of market expectations. The company has also confirmed that a ten-for-one forward stock split would be implemented by June 7, 2024. At the time of writing, the Nvidia stock ($NVDA) is up 2.6% after market […]
Investing In The Oil And Gas Sector?
Image Source: Unsplash Investing in the oil and gas industry carries a number of significant risks. Three of the primary risks include commodity price volatility, the potential for dividend cuts, and the possibility of accidents such as oil spills. Despite these risks, long-term investments in oil and gas companies can be highly profitable. It is essential for investors […]
Stocks And Precious Metals Charts – Fed Day
Stocks were wobbly today after the reading of the Fed minutes, but ahead of the oh-so-important reveal of Nvidia’s financial results, in what Bloomberg termed ‘the final hurdle for Mega Tech’s earnings victory.’Gold and silver were off. As a reminder, there will be a futures options expiration next Tuesday on the Comex.The Dollar strengthened.VIX continues […]
Fed Minutes Show Willingness For Still More Rate Hikes
Chart courtesy of CME FedwatchFed May 1 Minutes Key Snip Participants remained highly attentive to inflation risks and noted the uncertainty associated with the economic outlook. Although monetary policy was seen as restrictive, many participants commented on their uncertainty about the degree of restrictiveness. These participants saw this uncertainty as coming from the possibility that high interest rates […]
