Archives by Month:
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- January 2024
- December 2023
- November 2023
- October 2023
- August 2023
- July 2023
- June 2023
- May 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- July 2016
- June 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- June 2009
- April 2009
- February 2009
- December 2008
- November 2008
- October 2008
- August 2008
- June 2008
- May 2008
Archives by Year:
Asia Morning Bites For Tuesday, Oct 8
Image Source: Unsplash Global Macro and Markets Global Markets: Despite a lack of macro data on Monday, US Treasury yields continued to move higher. The 2Y US Treasury yield rose 7.3 basis points and is now at 3.995%. The St Louis Fed President, Alberto Musalem, remarked that he did not think the Fed should ease too […]
Lockheed Martin Dividend Increase
Image Source: PixabayOn 3 October, Lockheed Martin (LMT) increased its quarterly dividend by 4.76%, from $3.15 to $3.30 per share.The dividend will be paid on 27 December to shareholders of record on 2 December. The ex-dividend date is 2 December.LMT’s contribution to DivGro’s projected annual dividend income will increase by $24 to $528.I own 40 shares of LMT at […]
Nasdaq 100 & S&P 500 Elliott Wave Update – Monday, Oct 7
Image Source: PixabayIt did take some time but eventually, it was the Volatility Trigger in the SPY that eventually triggered both the S&P 500 and the Nasdaq 100 to do what I’m looking at as the first trigger for the start of the “Risk off” trade. On an Elliott Wave basis I’m updating in more detail […]
Gold Struggles As US Yields Rise, Big Rate Cut Hopes Wane
Image Source: Pixabay Gold trades at $2,645, down 0.30%, as US 10-year Treasury yields rise to 4.026%, capping further upside. Middle East conflict escalation involving Israel, Hamas, and other groups like Houthis supports Gold amid risk-off sentiment. Market expectations of a 25 bps Fed rate cut remain high at 83.5%, while a 50 bps cut is […]
GBP/USD Finds Fresh Lows As Greenback Climbs
Photo by Colin Watts on Unsplash GBP/USD shed another 0.25% on Monday as markets tilt risk-off. Rate cut hopes continue to evaporate, and a lack of UK data keeps Cable pinned. FOMC meeting minutes, US CPI inflation, and UK GDP dot the economic landscape this week. GBP/USD sunk another one-quarter of one percent on Monday, easing into a […]
Stocks Drop On October 7, And Are Poised To Move Lower
Image Source: UnsplashThe S&P 500 fell 90 bps today, closing at 5695, bringing the zero gamma level back into focus. This area has strong support, primarily because it separates the post-FOMC gap higher from the current island we’re sitting on. If the index gaps lower today, it could create an island reversal top, initiating a move […]
Upside For The Market Was Limited
Image Source: Pixabay SPX Monitoring purposes; Sold long 9/13/24 at 5626.02= gain 2.23%; Long SPX on 9/5/24 at 5503.41.Sold SPX on 8/19/24 at 5608.25 = Gain 8.14%gain; Long SPX on 8/5/24 at 5186.33.Our Gain 1/1/23 to 12/31/23 SPX= 28.12%; SPX gain 23.38%Monitoring purposes GOLD: Long GDX on 10/9/20 at 40.78. We are up over 28% this year […]
Supreme Court clears path for US to sell $4.4 billion in seized Silk Road Bitcoin
Key Takeaways Supreme Court paves way for US to sell $4.4 billion in Silk Road Bitcoin. Battle Born loses appeal as US preps for largest seized Bitcoin auction in history. Share this article The US Supreme Court has declined to hear an appeal regarding the ownership of 69,370 Bitcoin seized from the infamous Silk Road […]
BPCL Stock Elliott Wave Technical Analysis
BPCL – BPCL (1D Chart) Elliott Wave Technical AnalysisFunction: Larger Degree Trend Higher (Intermediate Degree Orange)Mode: MotiveStructure: ImpulsePosition: Minor Wave 3Details: Minor Wav 3 Grey progressing higher within Intermediate Wave (5) Orange against 324. Alternatively, Minor Wave 5 Grey is complete and the stock has turned lower. Long traders please exercise caution.Invalidation point: 324BPCL Daily Chart Technical Analysis […]
Utilities Break As The S&P 500 Holds Its Range
Image Source: Unsplash The S&P 500 has been drifting for a few weeks in a 100-point range that has yet to be broken. Even today, S&P 500 futures (ES) finished down 0.90%… on light volume.The market as a whole has held up, but interest-rate-sensitive parts of the market are starting to break. Utilities, for instance, were […]
