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Dogecoin Crypto Price News Today Elliott Wave Technical Analysis 1

Dogecoin Crypto Price News Today Elliott Wave Technical Analysis 1

Image by KNFind from Pixabay Elliott Wave Analysis TradingLounge Daily ChartDogecoin/ U.S. dollar(DOGEUSD)DOGEUSD Elliott Wave Technical Analysis Function: Counter trendMode: CorrectiveStructure: ZigzagPosition: Wave ((C))Direction Next higher Degrees: wave I of ImpulseWave Cancel invalid Level:Details: Wave ((4) may is complete and the Price entry to uptrend again.Dogecoin/ U.S. dollar(DOGEUSD)Trading Strategy: A five-wave increase in the Impulse pattern, with the fourth wave now appearing […]
Current Analysis: Pactiv Evergreen

Current Analysis: Pactiv Evergreen

TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Image Source: PixabayPactiv Evergreen Inc. (PTVE) is engaged in the business of manufacturing and distributing fresh food service and food merchandising products and fresh beverage cartons. It operates in two segments: Foodservice, Food and Beverage […]
Australian Dollar Pulls Back From Six-Month Highs

Australian Dollar Pulls Back From Six-Month Highs

Image Source: Unsplash The Australian Dollar declines possibly due to risk aversion on Friday. The AUD may limit its downside due to rising expectations of the RBA maintaining a hawkish stance. Fed’s Goolsbee stated that the US economy appears to be on track to achieve 2% inflation. The Australian Dollar (AUD) continues to retreat on Friday […]
Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, July 11

Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, July 11

Image Source: UnsplashWhat a difference a day makes! Yesterday saw a surge in both the NQ and ES, which was followed by additional new all-time highs in both markets after the release of the latest CPI data. The difference being what followed today was a total rejection of the highs. I update the labeling in both […]
This Reversal Could Be An Easy Payday

This Reversal Could Be An Easy Payday

Image Source: Pixabay Woah, what a bloodbath today!  Everyone’s confused after markets sold-off after such a bullish CPI Report today…But don’t worry – the charts look beautiful tonight, and this Range Reversal could be our easiest win of the week!Markets made a strong move down into a trading-range today…Put those 2 clues together – strong move, […]
Weak June CPI Report Causes A Big Rotation In The Stock Market, As Yield Curve Steepens

Weak June CPI Report Causes A Big Rotation In The Stock Market, As Yield Curve Steepens

Image Source: PixabayThe CPI report came in weaker than expected, and the big question is what this all means. For the most part, the reason nominal GDP growth has been so robust has been the high inflation rate. But it seems pretty clear that after the past two reports, the likelihood of nominal growth remaining robust […]
Financial Markets Report For Thursday, July 11

Financial Markets Report For Thursday, July 11

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, July 11.Video Length: 00:13:00More By This Author:SPDR ETF Report For Wednesday, July 10Metal Markets Report For Wednesday, July 10Financial Markets Report For Wednesday, July 10
U.S. Is “A Few Short Years” From Data Reliability Crisis, Study Warns

U.S. Is “A Few Short Years” From Data Reliability Crisis, Study Warns

Image Source: PexelsU.S. economic data is hitting headlines yet again—this time, due to serious concerns about its continued reliability.“Federal statistical agencies face increasing challenges to their ability to produce relevant, timely, credible, accurate, and objective statistics,” researchers of the American Statistical Association revealed. “Immediate action is needed to put the agencies … on a firmer footing […]
These 3 Non-Tech Stocks Have Delivered Outsized Gains

These 3 Non-Tech Stocks Have Delivered Outsized Gains

Image Source: PexelsTech stocks have been the craze for some time, with excitement surrounding the AI story and a resilient economy providing favorable tailwinds for many stocks in the sector.But perhaps to the surprise of some, several non-tech stocks have delivered outsized gains in 2024, a list that includes Vistra (VST – Free Report), Walmart (WMT – Free Report), and […]
A Cool CPI Signals Potential For Three Fed Cuts In 2024

A Cool CPI Signals Potential For Three Fed Cuts In 2024

Image Source: PexelsMARKETSThe US CPI data, which came in below expectations, has sent rate-cut ripples across global markets. This better-than-expected inflation reading opens the door wide for a September rate cut from the Fed. The report strongly suggests that consumer inflation has swiftly resumed its downward path after an unexpected surge in the first quarter and […]