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:
Gold Analysis: Uptrend Lacks Momentum
Gold price maintains its gains above $2,340 an ounce, extending its recovery from over a month low of $2,290 an ounce. This was touched on June 7th after the Federal Reserve kept the US federal funds rate unchanged as expected, resisting upward revisions to future interest rate expectations. Moreover, the FOMC dot plots indicated that […]
Asia Week Ahead: Central Bank Decisions Next Week
Image Source: Unsplash Policy decisions from the People’s Bank of China, Bank Indonesia and the Reserve Bank of Australia are set for next week. Meanwhile, Japan releases inflation data and Taiwan reports export orders. Several data reports from ChinaThe PBoC kicks things off on Monday with a decision on its one-year medium-term lending facility. We believe that recent developments have […]
Silver Price Forecast 2024: Time-Based Targets
Image Source: Pixabay Previously, I presented the following long-term silver chart (only closing values and this time monthly): More details on the chart can be found here. Over the last 125 years, the silver chart has formed two remarkably similar patterns. The 49-year pattern from 1919 to 1968 has a similar form to the one that started […]
Curve Finance CEO liquidated for $140 million of CRV
Curve Finance founder Michael Egorov got liquidated today for $140 million of Curve’s native token CRV, as reported by Arkham Intelligence. Egorov borrowed nearly $96 million in stablecoins, mostly crvUSD, against his collateral in CRV on five different protocols.As highlighted by Arkham, Egorov is paying $60 million in interest per year to keep his positions […]
Initial Jobless Claims Now In A Clear Uptrend – But Is It Unresolved Post-Pandemic Seasonality?
Initial jobless claims rose significantly last week, up 13,000 to 242,000, the highest level since last August. The four week moving average rose 4,750 to 227,000, the highest level since last September. And with the usual one week delay, continuing claims rose 30,000 to 1.820 million, the highest since this January:There is no doubt at […]
Solana And Cardano: Cardano Rises To Resistance At 0.445
Solana chart analysisThe price of Solana managed to recover yesterday to the $162.00 level. We tried to move above the weekly open price, but we failed in that intention. The price first bounced back to $160.00, where it encountered new resistance at the EMA200 moving average. After that, a bearish consolidation was initiated, and it fell to […]
Unlocking ASX Trading Success: Westpac Banking Corporation
Image Source: Unsplash ASX: Westpac Banking Corporation – WBC Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with WESTPAC BANKING CORPORATION – WBC. We determine that wave ((iv))-navy is unfolding, and seems to end soon, creating conditions for wave ((v))-navy to return to continue pushing higher.ASX: Westpac Banking Corporation – […]
More Weaker Than Expected Inflation Data
Whether through firsthand knowledge or watching any TV show or movie involving an arrest, every American is familiar with Miranda rights. While it seems like a basic principle of US law enforcement, it wasn’t until this day in 1966 that the Supreme Court ruled that every person arrested in the United States must be informed […]
Producer Price Inflation Cooler Than Expected (But Hovers Near 1 Year Highs)
After a softer than expected CPI yesterday sparked an all out buying panic in stocks and bonds (before Powell pissed in the punchbowl), this morning’s PPI is expected to be ‘mixed’ with a smaller MoM rise but higher YoY rise (beyond the 12 month highs reached in the prior month).The headline producer price index unexpectedly […]
S&P 500 Continues To Defy Gravity Amid Tech Optimism
Image Source: Unsplash Big US technology stocks managed to hold onto their earlier sharp gains after Powell’s press conference last night, though S&P index futures have since stalled while Dow futures have given back more gains after closing lower. Apple stock overtook Microsoft to reclaim its position as the world’s largest company following a sharp two-day […]
