Archives by Month:

Archives by Year:

DAX Index Elliott Wave Technical Analysis – Thursday, September 5

DAX Index Elliott Wave Technical Analysis – Thursday, September 5

DAX (Germany) Elliott Wave Analysis Trading Lounge Day Chart DAX (Germany) Elliott Wave Technical AnalysisFUNCTION: Counter Trend MODE: Corrective STRUCTURE: Orange wave 2 POSITION: Navy blue wave 5DIRECTION NEXT HIGHER DEGREES: Orange wave 3DETAILS: Orange wave 1 has been completed. Now, orange wave 2 of 5 is in play. Wave Cancel Invalid Level: 17029.88The DAX (Germany) […]
Our Cloud Computing SaaS Stocks Portfolio Went Up 4% In August

Our Cloud Computing SaaS Stocks Portfolio Went Up 4% In August

Image Source: DepositPhotosAn IntroductionThe global cloud computing (CC) SaaS market is projected to have a CAGR of 18.4% between now and 2032, according to Fortune Business Insights, and that bodes well for CC companies. Our Pure-Play Cloud Computing SaaS Stocks PortfolioBelow is a list of the 8 pure-play CC companies with market capitalizations of $20B or more […]
Daily Market Outlook – Thursday, September 5

Daily Market Outlook – Thursday, September 5

Following mixed signals from Wall Street overnight, Asian stock markets are generally flat on the session with the exception of the Nikkei 225, extending the losses in the previous two sessions; the Japanese market is notably lower on Thursday; the Nikkei 225 has fallen below the 36,9K handle, with weakness in some index heavyweights and […]
Odds Of A Half-Point Interest Rate Cut By The Fed Rise To 44 Percent

Odds Of A Half-Point Interest Rate Cut By The Fed Rise To 44 Percent

I am sticking with my call of a 50 basis point cut by the Fed this month. The Jobs report on Friday and the CPI report next week will determine the fate. Tomorrow ADP will provide a preliminary indicator to the BLS job report on Friday.If the jobs report is weak enough or the next […]
GBPUSD Forex Elliott Wave Technical Analysis – Thursday, September 5

GBPUSD Forex Elliott Wave Technical Analysis – Thursday, September 5

GBPUSD Elliott Wave Analysis Trading Lounge Day Chart,British Pound/U.S. Dollar (GBPUSD) Day ChartGBPUSD Elliott Wave Technical Analysis FUNCTION: Trend MODE: Impulsive STRUCTURE: Gray wave 1 POSITION: Orange wave 3 DIRECTION NEXT LOWER DEGREES: Gray wave 2 DETAILS: Orange wave 2 of 3 seems completed; now gray wave 1 of 3 is active.The GBPUSD daily chart analysis shows that the British Pound to […]
USD/CAD Price Forecast: Holds Ground Above 1.3500, Next Barrier Appears At Nine-day EMA

USD/CAD Price Forecast: Holds Ground Above 1.3500, Next Barrier Appears At Nine-day EMA

USD/CAD moves sideways around 1.3510 during European hours on Thursday. Analysis of the daily chart indicates a bearish bias for the USD/CAD pair, as the nine-day Exponential Moving Average (EMA) is positioned below the 14-day EMA.Additionally, the 14-day Relative Strength Index (RSI) remains near the 30 level, confirming the overall bearish trend in play but also […]
EUR/USD Gains As Weak Job Openings Boost Fed Large Rate Cut Bets

EUR/USD Gains As Weak Job Openings Boost Fed Large Rate Cut Bets

EUR/USD holds onto Wednesday’s recovery slightly below the round-level resistance of 1.1100 in Thursday’s European session. The major currency pair bounced back sharply on Wednesday after the release of the weaker-than-projected United States (US) JOLTS Job Openings data for July boosted market expectations for the Federal Reserve (Fed) to begin the long-awaited policy-easing cycle aggressively.A sharp increase […]
The Weakest Month Has Begun!

The Weakest Month Has Begun!

At the beginning of August, the stock markets suffered a collapse. In fact, August is a seasonally weak month – since 1970 it has been the second weakest in the annual cycle.But there is an even weaker month: September.Does this mean further trouble is imminent?Let’s take a closer look at September from a seasonal perspective. The […]
AUD/USD Forex Signal: Stabilizes Ahead Of US NFP And Services PMI Data

AUD/USD Forex Signal: Stabilizes Ahead Of US NFP And Services PMI Data

Bullish view Buy the AUD/USD pair and set a take-profit at 0.6750. Add a stop-loss at 0.6685. Timeline: 1-2 days.  Bearish view Set a sell-stop at 0.6700 and a take-profit at 0.6680. Add a stop-loss at 0.6750. The AUD/USD pair pulled back after the latest Australian services PMI and GDP numbers. It retreated to a low of […]
Current Report: First National Financial

Current Report: First National Financial

Image Source: PixabayFirst National Financial Corp (FNLIF) is a Canadian originator, underwriter, and servicer of predominantly prime residential and commercial mortgages.The Company operates in two business segments, Residential and Commercial. These segments are organized by mortgage type and contain revenue and expenses related to origination, underwriting, securitization, and servicing activities.It derives maximum revenue from the Residential […]