Archives by Month:
- 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:
AMD Announces Plan To Acquire Europe’s Largest Private AI Lab, Shares Gain
Image courtesy of 123rf.com Advanced Micro Devices (Nasdaq: AMD) announced today its plans to acquire Silo AI, Europe’s largest private AI lab, in a move that bolsters its position in the rapidly growing artificial intelligence market. The all-cash transaction, valued at approximately $665 million, is expected to close in the second half of 2024. This strategic acquisition aligns […]
FTSE Rebounds After Tuesday Marked Worst Day In Month
Image Source: Unsplash On Wednesday, London stocks saw a widespread increase following various corporate updates, as investors anticipated Federal Reserve Chair Jerome Powell’s testimony to assess the U.S. central bank’s monetary policy direction. The FTSE 100 index, which experienced its worst day in almost a month on Tuesday, rose by 0.3%, while the FTSE 250 index […]
Is ETH/BTC Pair Turning Bullish?
ETH/BTC pair was trading lower for the last two years or so, but within a higher degree (A)-(B)-(C) correction that can be coming to an end. It’s actually moving nicely as expected where we warned our members on May 14th about the completion of an (A)-(B)-(C) corrective setback with the wedge pattern for wave 5 of (C). ETH/BTC […]
G10 FX Talking: Dollar Decline Should Be Selective
Softer US data will, in our view, lead the Fed to cut rates in September – a prospect that markets are almost entirely pricing in now. Political developments in the eurozone and US, as well as easing cycles from other central banks, should get in the way of a broad-based dollar decline. The Antipodeans and […]
Elliott Wave Technical Analysis: New Zealand Dollar/U.S. Dollar – Wednesday, July 10
Image Source: Pixabay NZDUSD Day Chart DescriptionNZDUSD Elliott Wave Analysis – Trading Lounge Day ChartNew Zealand Dollar/U.S. Dollar (NZDUSD)FUNCTION: Trend MODE: Impulsive STRUCTURE: Orange wave 3 POSITION: Navy blue wave 1 DIRECTION NEXT HIGHER DEGREES: Orange wave 4 DETAILS: Orange wave 2 completed, now orange wave 3 of 1 in play. Wave Cancel Invalid Level: 0.62229The NZDUSD Elliott Wave Analysis on the day chart […]
Bear Of The Day: Pool Corp.
POOLCORP (POOL) is seeing a slowdown in pool demand this summer. This Zacks Rank #5 (Strong Sell) recently lowered full year guidance.POOLCORP is the world’s largest wholesale distributor of swimming pool and related outdoor living products. It operates about 440 sales centers in North America, Europe and Australia from where it distributes more than 200,000 products […]
Goldman Sachs to roll out trio of tokenization projects by end of year: Report
Key Takeaways Goldman Sachs targets institutional clients with new tokenization projects. The bank wants to differentiate its approach from competitors with private blockchains. Goldman Sachs is gearing up to launch three tokenization projects by the year’s end, targeting major institutional clients, according to a Wednesday report from Fortune, citing Goldman Sachs’ global head of digital […]
S&P 500 2024 Q2 Earnings Preview: Aggregate Earnings Reaching A New High Watermark?
Image Source: Unsplash Earnings season kicks off this week and we preview the S&P 500 2024 Q2 earnings season in granular detail, providing both aggregate and company-level insights using data from I/B/E/S, StarMine, and Datastream, which are all found in the desktop solution LSEG Workspace. Earnings CommentaryQ2 aggregate earnings are forecasted to reach a new all-time high, with a current […]
Powell’s On The Prowl. Manic Metals Report
Image Source: Pexels Fed Chairman Jerome Powell seems to be on the prowl seeking to cool off the metals market inflation expectations. On the one hand, seemed to suggest that a rate cut could happen this year. Yet it was Powell’s flair for the dramatic when he said “Inflation Not the Only Risk We Face” metals […]
Italian Industrial Production Rebounded Modestly In May
Image Source: Pexels The small monthly rebound does not look like a game changer. Business confidence data suggests that the soft industrial patch will remain in place through the summer months.According to Istat data, the Italian industrial production data rebounded by 0.5% in May but was still down 3.3% on the year when adjusted for working days. […]
