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Financial Markets Report For Tuesday, Dec 10

Financial Markets Report For Tuesday, Dec 10

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, December 10.Video Length: 00:12:20More By This Author:Metal Markets Report For Monday, Dec 9Financial Markets Report For Monday, Dec 9SPDR ETF Report For Thursday, Dec 5
Nasdaq 100 & S&P 500 Elliott Wave Update – Tuesday, Dec 10

Nasdaq 100 & S&P 500 Elliott Wave Update – Tuesday, Dec 10

Image Source: UnsplashNot much to be added to the current analysis – the minuette 4th waves in the NQ and ES continue to unfold on Tuesday. While I do feel that additional downside is needed before the moves are complete there remains the potential that today’s afternoon lows completed the moves with the minuette 5th waves […]
Preparing For An Inflation Uptick

Preparing For An Inflation Uptick

Image Source: UnsplashUS MARKETSUS stocks paused on Tuesday, with investors treading cautiously on the eve of a critical consumer inflation report that could dictate the Federal Reserve’s next move on interest rates. After a tumultuous year navigating relentless macroeconomic dynamics and a barrage of geopolitical shocks, traders are looking to wind down. Yet, the journey isn’t […]
WTI Remains Capped Below $68.50 On Disappointing Chinese Data, Surprise Climb In Crude Inventories

WTI Remains Capped Below $68.50 On Disappointing Chinese Data, Surprise Climb In Crude Inventories

Image Source: Unsplash WTI trades with mild gains near $68.20 in Wednesday’s early Asian session.  Discouraging Chinese economic data and a surprise climb in crude inventories drag the WTI lower.  US crude stockpiles rose 499K barrels last week, noted API.  West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.20 on Wednesday. The […]
EUR/USD Retests 1.05 Ahead Of US CPI Inflation, ECB Rate Call In The Barrel

EUR/USD Retests 1.05 Ahead Of US CPI Inflation, ECB Rate Call In The Barrel

Image Source: Pixabay EUR/USD softened further on Tuesday, testing 1.0500 once again. The Fiber pair has closed slightly lower for a third straight day. Euro traders are bracing for back-to-back key data prints. EUR/USD shed close to 0.2% on Tuesday, chalking in a third straight declining trading day and testing down into the 1.0500 handle as […]
Silver Price Forecast: XAG/USD Nears $32 Hurdle Amid Fed Rate Cut Speculation

Silver Price Forecast: XAG/USD Nears $32 Hurdle Amid Fed Rate Cut Speculation

Image Source: Pixabay Silver gains 0.19%, stabilizing at $31.89 as traders anticipate key U.S. inflation figures and Fed’s next steps. Technical analysis highlights consolidation near the $32 mark, with $31.75 acting as crucial support. Potential downside risks include a fall towards the $31.00 area and the 100-day SMA at $30.47 if bearish pressure mounts. Silver price climbed […]
MicroStrategy to join Nasdaq 100 with $2.1 billion in ETF share buying expected

MicroStrategy to join Nasdaq 100 with $2.1 billion in ETF share buying expected

Key Takeaways MicroStrategy is set to join the Nasdaq 100 Index, with an official announcement expected on December 13. MicroStrategy’s Nasdaq 100 inclusion could drive $2.1 billion in ETF share buying. Share this article MicroStrategy is expected to join the Nasdaq 100 Index on December 23, with an official announcement scheduled for this Friday, December […]
Turnaround Tuesday: 3D Printing, Finally

Turnaround Tuesday: 3D Printing, Finally

An Israeli company, Stratasys Ltd., saw shares climb after the company raised its earnings outlook for the year and unexpectedly turned an adjusted profit in the third quarter. I have waited for a very long time for companies who pioneer 3D printing to begin to turn profits as they have spent massive amounts of money on […]
Strategic Reserves And Stuff

Strategic Reserves And Stuff

Image source: Pixabay Sorry for the brief hiatus. I’ve had my head down working on my new book which is due in a few weeks here. I am having a blast writing it which is either indicative of my own delusions or something readers will really enjoy. Perhaps both. Anyhow, here are some things I am […]
The Case For Accelerating Inflation Is Weak

The Case For Accelerating Inflation Is Weak

No economic news again today. Tomorrow we will get the CPI report for November. As to which, I have read a few posts in which the claim is made that inflation, especially core inflation, is picking up again. It certainly could happen, but in my opinion the evidence for such a claim at present is […]