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Is The Economic Plane Stalling?

Is The Economic Plane Stalling?

Image Source: PexelsI was on Schwab TV Wednesday discussing the economy, the Fed and the impact on portfolios going forward. Summary: The market got ahead of itself with the “soft landing” narrative when, in reality, the Fed is far from being able to declare victory. The economic plane was slowed by the rate hikes, but is not currently […]
Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Aug 7

Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Aug 7

Image Source: PexelsVery interesting day complete with another bounding higher rally that failed and was followed by a complete sell off and that was in the ES and NQ. I am though able to put some labeling on the charts and added the Fibonacci support for minuet 5 of minute C and in turn Minor 4. […]
Top Analyst Reports For AstraZeneca, TotalEnergies & ConocoPhillips

Top Analyst Reports For AstraZeneca, TotalEnergies & ConocoPhillips

Image Source: UnsplashThe Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including AstraZeneca PLC (AZN), TotalEnergies SE (TTE) and ConocoPhillips (COP). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. AstraZeneca shares have outperformed […]
Revisiting The Recession Call Of 2022H1

Revisiting The Recession Call Of 2022H1

Image Source: PixabayNow that we’re talking recession (again), it seems like a good idea to remind ourselves of the last time some observers declared unequivocally that we were in recession, to wit, Steven Kopits, January 2, 2023: So in H1, we were facing an implosion of productivity through mid-year, declining GDP to mid-year, declining VMT, declining gasoline […]
How To Stop Worrying And Learn To Love Volatility

How To Stop Worrying And Learn To Love Volatility

Image Source: UnsplashSure, the VIX is down from the other day’s damn near historic high above 65. But it’s still more than double what it was just a month ago.Then again, there’s more than one way to measure volatility. And it’s not like volatility is a bad thing, at least if you’re ready for it – […]
GBP/USD Struggles To Find Gains As Markets Chew On Rate Cut Expectations

GBP/USD Struggles To Find Gains As Markets Chew On Rate Cut Expectations

Photo by Colin Watts on Unsplash GBP/USD failed to spark a rebound above 1.2700 on Wednesday. Markets continue to price in a double Fed cut in September. Investors shrugged off fears of a US downturn, but bids remain tepid. GBP/USD tested waters on the high side on Wednesday but settled the day where it started just south of […]
Cannabis MSO Curaleaf Reports Relatively Flat Q2 Financial Metrics

Cannabis MSO Curaleaf Reports Relatively Flat Q2 Financial Metrics

Image Source: Unsplash Curaleaf Holdings, Inc. (CURA) (CURLF) has reported its financial and operating results for the second quarter (Q2) ended June 30th, 2024, as follows: Q2 Financial Highlights All financial information is provided in U.S. dollars unless otherwise indicated and compared with the previous quarter. Total Revenue: UP 1.0%% to $342.3M Gross Profit: DOWN 0.2% to […]
Silver Price Forecast: XAG/USD Sinks Below $27.00 Despite Geopolitical Jitters

Silver Price Forecast: XAG/USD Sinks Below $27.00 Despite Geopolitical Jitters

Image Source: Pixabay Silver drops 1.38% to $26.59, pressured by strong US Dollar. Key support levels at $26.51 and $26.06 eyed amid bearish momentum. Reclaiming $27 could push silver to test resistance at $27.56 and $28.00. Silver’s price extended its losses for the third straight day and stayed below $27.00 amid increasing geopolitical fears spurred by […]
The Future Of Copper And A Look Back – Trading Review

The Future Of Copper And A Look Back – Trading Review

Image Source: PixabayCopper has been a hot commodity, only to fall rapidly. If we look at Copper‘s price action history on the daily chart, there is a giant spike from the 3.57 to 5.19 area in just a few months. After that, HG (Copper Futures) has crashed back down to just 3.95 today shown here. […]
Gold’s Moment Of Truth: It Happened Over 13 Years Ago. It’s About To Happen Once More

Gold’s Moment Of Truth: It Happened Over 13 Years Ago. It’s About To Happen Once More

Image Source: Pixabay   “I’d throw dollars out of helicopters if I had to, to stimulate the economy.” ~ Ben Bernanke, Federal Reserve Chairman, 2006 – 2014 Gold’s moment of truth already happened.Over 13 years ago, central banks proved gold’s value.(These are the people who are supposed to be manufacturing trust in their fiat system more […]