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The Fed Balance Sheet May Be A Side Show But It’s Worth Watching

The Fed Balance Sheet May Be A Side Show But It’s Worth Watching

By Mike Maharrey, Money Metals Exchange  Did you know the Fed has already loosened monetary policy?While everybody focuses on the prospect of a Federal Reserve interest rate cut and salivates in the hope of easier money, most people completely ignore the other prong of central bank monetary policy – the Fed balance sheet. As former Federal […]
Bearish Momentum Alert: Here’s Why The S&P 500 Could Break Down Soon

Bearish Momentum Alert: Here’s Why The S&P 500 Could Break Down Soon

Image Source: Unsplash  Watch the free-preview video below extracted from the WLGC session before the market opens on 30 Jul 2024 to find out the following: How to spot the tell-tale signs of weakness in the S&P 500 based on past analogs. The top 2 indicators to identify the increase in the bearish momentum. The downside target for the […]
SP500 Daily Trade Plan – Wednesday, July 31

SP500 Daily Trade Plan – Wednesday, July 31

In this update we review the recent price action in the EMINI S&P500 futures contract and identify a trade plan and price objectives for the trading day ahead.Video Length: 00:05:03More By This Author:Daily Market Outlook – Wednesday, July 31FTSE Sentiment Remains Subdued Ahead Of Central Bank MeetingsSP500 Daily Trade Plan
Elliott Wave Technical Analysis: Euro/U.S. Dollar – Wednesday, July 31

Elliott Wave Technical Analysis: Euro/U.S. Dollar – Wednesday, July 31

Image Source: Pixabay  Euro/ U.S. Dollar (EURUSD) Daily Chart AnalysisEURUSD Elliott Wave Technical AnalysisFunction: Trend Mode: Impulsive Structure: Orange Wave 3 Position: Navy Blue Wave 3 Next Lower Degree Direction: Orange Wave 4Details: The current Elliott Wave Analysis on the EURUSD daily chart indicates a trending function in an impulsive mode. The identified structure is Orange Wave 3, positioned within Navy Blue Wave 3, […]
Is There Value In Small Cap Value Vs. Large Cap Growth 
                    
Sector Breakdown

Is There Value In Small Cap Value Vs. Large Cap Growth Sector Breakdown

The graph below, making the rounds on social media, serves as evidence from many market pundits that the significant outperformance of large cap growth stocks versus small cap value stocks is due for an imminent reversal. While their predictions may prove correct, it is a grossly flawed argument if it’s based on the graph.The graph […]
BMO Stock Price Lags Its Canadian Peers: Is It A Good Buy Now?

BMO Stock Price Lags Its Canadian Peers: Is It A Good Buy Now?

The Bank of Montreal (BMO) stock price is the worst-performer among the big 4 Canadian banks this year. It has dropped by over 13% this year while TD has dropped by 5.10% and Bank of Nova Scotia is barely moved. Royal Bank of Canada (RBC) stock has risen by over 13% this year.  Concerning Canadian macrosCanadian […]
USD/JPY Plummets As Bank Of Japan Tightens Policy

USD/JPY Plummets As Bank Of Japan Tightens Policy

Image Source: Pixabay  The USD/JPY pair has experienced a sharp decline, currently at 152.79, following decisive monetary policy adjustments by the Bank of Japan (BoJ). In a significant shift, the BoJ raised its interest rate to 0.25% per annum and unveiled plans to scale back monthly bond purchases to approximately 3 trillion yen by Q1 2026. […]
Bitcoin Uptrend Points To Next Big Push Towards $100k

Bitcoin Uptrend Points To Next Big Push Towards $100k

In today’s video we’re looking at the Bitcoin chart on the weekly this is a chart that shows the strong uptrend from the 2022 low and that uptrend is very much intact.Video Length: 00:00:48More By This Author:Economic Calendar Heats Up In A Big Way Traders reconsidering BOJ outcomeFocus On Fed Decision And US Tech Earnings
EUR/JPY Drifts Higher Above 165.50 After BoJ Surprises Rate Hike

EUR/JPY Drifts Higher Above 165.50 After BoJ Surprises Rate Hike

The EUR/JPY cross trades on a stronger note near 165.75 during the Asian session on Wednesday. The Japanese Yen (JPY) edges lower after the Bank of Japan (BoJ) decided to raise the interest rate at its July meeting on Wednesday. Following the two-day monetary policy review meeting on Wednesday, the BoJ surprised the markets by raising its […]
US Dollar Edges Lower In Countdown To Fed Policy

US Dollar Edges Lower In Countdown To Fed Policy

The US Dollar falls slightly on expectations that the Fed will deliver a dovish guidance. Investors see the Fed acknowledging progress in inflation and growing risks to labor market strength. After the Fed policy, the US NFP report for July will be the key trigger for the US Dollar. The US Dollar (USD) exhibits a subdued […]