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Cooling U.S. Jobs Market Keeps September Rate Cut In Play

Cooling U.S. Jobs Market Keeps September Rate Cut In Play

Jobs growth is cooling, particularly in the private sector and the unemployment rate has now broken above 4%, which is helping to keep wages in check. With inflation also looking better behaved the chances of a September interest rate cut from the Federal Reserve continues to build.Image Source: Pexels Weakening jobs trend accompanied by rising unemployment […]
Elliott Wave Technical Analysis: Bovespa Index

Elliott Wave Technical Analysis: Bovespa Index

Image Source: Pixabay  Bovespa Index Elliott Wave AnalysisBovespa Index Elliott Wave Technical Analysis – Day ChartTrend: Impulsive Structure: Orange wave 1 Position: Navy blue wave 3 Next Lower Degrees: Orange wave 2 Details: Orange wave C of 2 appears complete, now orange wave 1 of 3 is in play. Wave Cancel Invalid Level: 118574.97The Bovespa Index Elliott Wave Analysis for the day chart provides insights into […]
Why The Federal Reserve Is Running Out Of Monetary Oxygen

Why The Federal Reserve Is Running Out Of Monetary Oxygen

Image Source: Pixabay  What passes for central banking today is really a perverse form of Wall Street-pleasing monetary manipulation. It employs the vocabulary of central banking, but in practice it fundamentally undermines Main Street prosperity, even as it showers the 1% (the top wealthiest people) with unspeakable financial windfalls.Stated differently, virtually everything the Fed does for […]
Analytical Overview Of The Main Currency Pairs – Friday, July 5

Analytical Overview Of The Main Currency Pairs – Friday, July 5

Image Source: Pixabay  The EUR/USD currency pairTechnical indicators of the currency pair: Prev Open: 1.0788 Prev Close: 1.0811 % chg. over the last day: +0.21% Today, the US will release the Labor Market Data for June. The Nonfarm Payrolls employment report is one of the most important economic indicators closely watched by investors and policymakers. Economists expect the US […]
When Stocks Glitch

When Stocks Glitch

Image Source: Unsplash  Berkshire Hathaway had a stock market glitch that hit its share price and sent it as low as $185/share from the $600s. Is there a way to profit from these glitches and is it even worth bothering with? In this episode, I detail what happened during this intriguing moment in stock market history […]
What The Swiss Central Bank Did

What The Swiss Central Bank Did

Image Source: Pexels  The Swiss National Bank surprised Economists by cutting rates for the second time in a row. Citing a number of potential worries starting with more recession, the rate cuts are aligned with growing dollar troubles roiling the rest of the world. Major currencies are sinking fast, hitting new lows and pointing toward the […]
Sensex Today Ends 53 Points Lower; Nifty Above 24,300

Sensex Today Ends 53 Points Lower; Nifty Above 24,300

After opening the day lower, benchmark indices turned negative on Friday and ended the day lower.Equity markets settled in the negative zone on Friday, weighed largely by HDFC Bank, Titan Company, Tata Steel, and M&M.At the closing bell, the BSE Sensex stood lower by 53 points (down 0.1%).Meanwhile, the NSE Nifty closed higher by 22 points (up 0.1%).ONGC, SBI, […]
Crypto exploit incidents rose 50%, with losses topping $1.43B in H1 2024 — report

Crypto exploit incidents rose 50%, with losses topping $1.43B in H1 2024 — report

Key Takeaways Blockchain security incidents increased by 50% in the first half of 2024. Ethereum and DeFi sectors suffered the most, with Ethereum losing $400 million. For the first half of 2024, the blockchain industry faced unprecedented challenges as security incidents soared to new heights, resulting in staggering losses of $1.43 billion.A comprehensive report released […]
Elliott Wave Technical Analysis: Visa Inc. – Friday, July 5

Elliott Wave Technical Analysis: Visa Inc. – Friday, July 5

Image Source: Unsplash  V Elliott Wave Analysis Trading Lounge Daily Chart,Visa Inc., (V) Daily ChartV Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave (5).  DIRECTION: Upside confirmation in wave (5).DETAILS: After what appears to be a clear three wave move to the downside, we are looking for upside resumption into wave (5).  V Elliott Wave Analysis Trading Lounge 4Hr Chart,Visa Inc., (V) […]
U.S. Energy Independence Soars To New High

U.S. Energy Independence Soars To New High

Image Source: Unsplash  The idea of U.S. energy independence remains a hot topic, even making an appearance at the recent presidential debate. Everyone seems to have an opinion on it, even though many people have trouble defining what it means.  Establishing Consistent TerminologyIt’s important to understand that the following two statements are each true under a […]