Archives by Month:

Archives by Year:

Bullied Into Deflation

Bullied Into Deflation

Image Source: PixabayPeople on the far left tend to overstate the extent to which all of the world’s problems are caused by nefarious US policies. On the other hand, I suspect that average Americans have no idea as to the extent to which the US bullies smaller nations. For instance, I hear people saying that foreign […]
Gold Breaks $2500

Gold Breaks $2500

Image Source: PixabayA historic day for gold today: Gold was up about $51 an ounce, closing above $2,500 for the first time ever. The final close was $2,508 an ounce.Video Length: 00:15:22More By This Author:Silver Has New Support At $30 America Needs To Go Cold Turkey On Debt US Consumers Are on Life Support
EUR/USD Continues Its Climb: Key Levels To Watch

EUR/USD Continues Its Climb: Key Levels To Watch

Image Source: PixabayEUR/USD has extended its upward movement from 1.0777, reaching a high of 1.1132 and breaking through the key resistance at 1.1100. What’s Next?   Potential for Further Gains: After a minor consolidation, the pair could continue to rise, with the next target around 1.1200. Support Levels: Initial support is at 1.1095. If the price […]
XAG/USD Bulls Might Await Sustained Move Beyond $30.00 Mark

XAG/USD Bulls Might Await Sustained Move Beyond $30.00 Mark

Image Source: Pixabay Silver attracts some dip-buying following the overnight pullback from a one-month peak. The technical setup seems tilted in favor of bulls and supports prospects for further gains. Dips towards the $29.20 confluence hurdle breakpoint could be seen as a buying opportunity. Silver (XAG/USD) regains positive traction during the Asian session on Wednesday and […]
USD/CAD Falls Toward 1.3600 Ahead Of FOMC Minutes

USD/CAD Falls Toward 1.3600 Ahead Of FOMC Minutes

Photo by Michelle Spollen on Unsplash USD/CAD extends its losses despite a market caution ahead of the FOMC Meeting Minutes release on Wednesday. Fed Governor Michelle Bowman expressed caution on any policy changes, citing ongoing upside risks to inflation. The Canadian dollar appreciates despite a dovish sentiment surrounding the Bank of Canada. USD/CAD continues its losing streak, trading […]
Elliott Wave Analysis Of S&P 500, Nasdaq 100, DAX 40 & More

Elliott Wave Analysis Of S&P 500, Nasdaq 100, DAX 40 & More

Image Source: PexelsStock Market Indices Overview: S&P 500, Nasdaq 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200 – Featuring Elliott Wave Technical AnalysisDive into an in-depth Elliott Wave analysis of major global stock indices, including the S&P 500, Nasdaq 100, Russell 2000, DAX 40, FTSE 100, and ASX 200.Elliott Wave Analysis of Major Indices Nasdaq […]
Nasdaq 100 & S&P 500 Elliott Wave Update – Tuesday, Aug 20

Nasdaq 100 & S&P 500 Elliott Wave Update – Tuesday, Aug 20

Image Source: UnsplashToday’s focus is reduced to a deep dive down to the 5-minute chart. Very much day trading analysis that could expose some larger time frame opportunities. The ES and the NQ appear to be diverging again on the smaller time frame charts – but having said that I do believe the picture for both […]
Improving The McKelvey Recession Indicator, No False Negative Or Positive Signals

Improving The McKelvey Recession Indicator, No False Negative Or Positive Signals

Image Source: PixabayAdding the job vacancy rate to the McKelvey (Claudia Sahm) recession signal eliminates false negatives and false positives, and provides a much faster signal than Sahm.This idea was one of the things Adam Taggart and I discussed last week on Thoughtful Money, posted today. Is the US headed towards recession? It’s likely already in one, […]
Asia Morning Bites For Wednesday, Aug 21

Asia Morning Bites For Wednesday, Aug 21

Image Source: Unsplash Global Macro and Markets   Global Markets: US Treasury yields resumed their fall on Tuesday ahead of Friday’s Jackson Hole Powell speech. 2Y yields fell 8.2 basis points, while the yield on 10Y bonds fell 6.4bp to 3.807%. EURUSD has driven above 1.11 and is currently sitting at 1.1130. The G-10 currencies have all […]
S&P Breaks Winning Streak On Tepid Trading Day

S&P Breaks Winning Streak On Tepid Trading Day

Image Source: UnsplashIt was bound to happen sooner or later. The S&P 500 just ended its eight-session winning streak today, and it did so with a mere whimper: -0.20% on the day. The start of August began the rollercoaster ride down for the major indexes, and the S&P took out that level last week. Due to […]