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Elliott Wave Technical Analysis: IBEX 35 (Spain) Index

Elliott Wave Technical Analysis: IBEX 35 (Spain) Index

IBEX 35 (Spain) Elliott Wave Analysis Trading Lounge Day ChartIBEX 35 (Spain) Elliott Wave Technical AnalysisFunction: Trend Mode: Corrective Structure: Gray Wave 4 Position: Orange Wave 3 Direction Next Higher Degrees: Gray Wave 5 Details: Gray Wave 3 of 3 looks completed. Now, Gray Wave 4 as a correction is in play. Wave Cancel invalid level: 10283.74The IBEX 35 Elliott Wave analysis on […]
Zeta Markets airdrops ZEX token, price leaps 132%

Zeta Markets airdrops ZEX token, price leaps 132%

Key Takeaways Zeta Markets’ $ZEX token introduces a vote-escrow model to boost long-term staking and governance. The $ZEX airdrop includes a 10% token supply, with special provisions for early supporters and active traders. Solana-based decentralized exchange Zeta Markets today initiated the token generation event and airdrop for its new token, the ZEX. The airdrop distributed […]
Russell 2000 Earnings Dashboard 24Q1 – Thursday, June 27

Russell 2000 Earnings Dashboard 24Q1 – Thursday, June 27

Image Source: Pixabay  Russell 2000 Aggregate Estimates and Revisions The 24Q1 Y/Y blended earnings growth estimate is –0.7%. If the energy sector is excluded, the growth rate for the index is 12.6%. Of the 1,771 companies in the Russell 2000 that have reported earnings to date for 24Q1, 59.6% reported above analyst expectations. The 24Q1 Y/Y blended revenue growth estimate is -0.3%. If the energy sector is excluded, the growth rate […]
Analytical Overview Of The Main Currency Pairs – Thursday, June 27

Analytical Overview Of The Main Currency Pairs – Thursday, June 27

Image Source: Pixabay  The EUR/USD currency pairTechnical indicators of the currency pair: Prev Open: 1.0710 Prev Close: 1.0680 % chg. over the last day: -0.28 % The hawkish comments of Fed spokeswoman Bowman on Wednesday contributed to the dollar’s strength when she said that inflation will remain elevated for some time, so the Fed should not cut interest rates […]
Core Durable Goods Orders Decline In May; Growth Scare Grows As Shipments Plunge

Core Durable Goods Orders Decline In May; Growth Scare Grows As Shipments Plunge

New Orders for Durable Goods in the US rose by just 0.1% MoM in preliminary May data (better than the -0.5% exp, but that was thanks to a major downward revision in April from +0.6% to +0.2%).Source: BloombergThe last four months have seen gains ebb rapidly and now durable goods orders are down 1.2% on a […]
Walgreens Boots Alliance (WBA) Q3 Earnings Miss Estimates

Walgreens Boots Alliance (WBA) Q3 Earnings Miss Estimates

Image Source: Unsplash  Walgreens Boots Alliance (WBA – Free Report) came out with quarterly earnings of $0.63 per share, missing the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $1 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.97%. A quarter ago, it […]
Sensex Today Surges 569 Points; Nifty Tops 24,000 Mark

Sensex Today Surges 569 Points; Nifty Tops 24,000 Mark

After opening the day on a negative note, Indian share markets reversed the trend as the session progressed and ended on a firm footing.Amid a volatile session, benchmarks Sensex and Nifty hit fresh record highs on Thursday.At the closing bell, the BSE Sensex stood higher by 569 points (up 0.8%).Meanwhile, the NSE Nifty closed higher by 176 points (up […]
EUR/GBP Price Analysis: Correcting Within A Medium-Term Downtrend

EUR/GBP Price Analysis: Correcting Within A Medium-Term Downtrend

EUR/GBP is correcting in a medium-term downtrend.  It has moved up to partially fill a price gap and will probably eventually fill the rest.  A break below the June 25 low would signal a resumption of the dominant downtrend. EUR/GBP has corrected back after bottoming on June 14 at the 0.8398 lows. The pair appears to […]
VanEck files for the first Solana ETF in the US, calls SOL a commodity

VanEck files for the first Solana ETF in the US, calls SOL a commodity

Key Takeaways VanEck’s filing introduces the first Solana trust in the US. The ETF aims to provide regulated exposure to Solana’s blockchain technology. Asset manager VanEck filled for the first Solana (SOL) trust in the US, according to an S-1 Form submitted to the SEC. Matthew Sigel, Head of Digital Assets at VanEck, praised the […]
The Energy Report: Taking The Wind Out Of The Sails

The Energy Report: Taking The Wind Out Of The Sails

British Petroleum or BP as it is also known, is having the wind taken out of its sails as investors say enough is enough when it comes to investing and losing money in aspirational virtue signaling projects.Reuters reported that BP’s CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as […]