Archives by Month:

Archives by Year:

Technology Companies Fall On Fears Of New Sanctions On China

Technology Companies Fall On Fears Of New Sanctions On China

Image Source: Unsplash  Stock indices traded mixed on Wednesday, with the Dow Jones Industrials (US30) setting a new record high and the Nasdaq 100 (US100) falling to a two-week low. The Dow Jones Industrials (US30) Index gained 0.59%, while the S&P 500 (US500) Index fell by 1.39%. The Nasdaq Technology Index (US100) closed negative 2.77%. Positive corporate news boosted the broad market on Tuesday. Stock declines […]
Daily Market Outlook – Thursday, July 18

Daily Market Outlook – Thursday, July 18

Image Source: Pexels  On Thursday, Asian stocks experienced a decline, driven by a widespread sell-off in the technology sector amid concerns over potential tightening of US restrictions on chip sales to China. The region saw significant losses in Japanese and South Korean stocks, with the Topix index dropping by as much as 1.5%. Tokyo Electron was […]
The Move In Gold Stocks Is Just Starting

The Move In Gold Stocks Is Just Starting

Image Source: Pixabay  Gold stocks are entering a sweet spot.In recent months, we have written about how gold stocks outperform Gold after breakouts in the Gold price. This has transpired since March.However, in the past two weeks, the miners began to lead Gold, although Gold had yet to break out of its consolidation. The sweet spot occurs […]
Elliott Wave Technical Analysis: IBEX 35 Index – Thursday, July 18

Elliott Wave Technical Analysis: IBEX 35 Index – Thursday, July 18

Image Source: Pixabay  IBEX 35 (Spain) Elliott Wave Analysis Trading Lounge Day ChartIBEX 35 (Spain) Elliott Wave Technical AnalysisFUNCTION: Trend MODE: Impulsive STRUCTURE: Gray Wave 5 POSITION: Orange Wave 3 DIRECTION: Next Lower Degrees: Orange Wave 4 DETAILS: Gray Wave 4 of 3 looking completed now, Gray Wave 5 is in play. Wave Cancel Invalid Level: 10283.74The IBEX 35 Elliott Wave Analysis for the daily […]
Elliott Technical Analysis: Natural Gas

Elliott Technical Analysis: Natural Gas

Image Source: Unsplash  Natural Gas Elliott Technical Analysis Mode – Larger degree bullish correction Structure – Diagonal for cycle degree wave c of the supercycle degree wave (y) Position – Wave (A) on H4 Direction – Wave (4) on H4 is still in play Details: Daily and H4 adjusted as the last view was violated. We are now […]
Rates Spark: ECB Unlikely To Satisfy Doves

Rates Spark: ECB Unlikely To Satisfy Doves

Image Source: Pixabay  The European Central Bank is not likely to cut at this meeting and will likely refrain from committing to future cuts. Markets are very close to pricing in two more 25bp cuts for this year, which limits the scope for the short end of the curve to come down. In France, the political challenges continue to […]
Forex: A Yearning For The Yen

Forex: A Yearning For The Yen

 Image Source: Pixabay  On Wednesday, investors got a reality check, facing the tantalizing gains and potential rollercoaster ride of a second Trump administration. This twist added a dash of unpredictability to the recent trend of tech stock sell-offs.In an interview with Bloomberg Businessweek, Donald Trump suggested that Taiwan pay the U.S. for defence, comparing the arrangement […]
How The Hidden Signs Of Selling Into Strength Could Shake The S&P 500

How The Hidden Signs Of Selling Into Strength Could Shake The S&P 500

Image Source: Pixabay  Watch the free-preview video below extracted from the WLGC session before the market opens on 17 Jul 2024 to find out the following: The simplest way to spot a market rotation. The analogues to adopt to anticipate the market correction Why the change of character bar on last Thursday signals a shift in the market? And […]
Europe Is In Full Blown Crisis Mode

Europe Is In Full Blown Crisis Mode

Image source: Pixabay  Political turmoil in Europe is very easy to understand. The European economy is supposed to be recovering from its unofficial recession, and yet the most recent data shows instead alarming (re)acceleration to the downside in a number of places. Realizing this means the path to clawing back some of the supply shock’s price […]
Polygon set to migrate MATIC to POL on September 4

Polygon set to migrate MATIC to POL on September 4

Key Takeaways POL will become the main gas and staking token for all Polygon networks. Automatic conversion for MATIC holders on Polygon PoS, others must follow specific migration steps. Polygon Labs has announced September 4 as the date for upgrading its MATIC token to the new POL token, marking a significant step in the network’s […]