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War Drums Beat: Growing Sense Of Widespread Geopolitical Unease

War Drums Beat: Growing Sense Of Widespread Geopolitical Unease

Image source: WikipediaFollowing a brief respite prompted by slightly softer ISM services paid component and balanced remarks from the Fed Chair, U.S. indexes took a nosedive when Brent crude surged past $90 a barrel as the Middle East powder keg threatened to ignite. The escalation in geopolitical tensions was fuelled by Israeli Prime Minister Benjamin Netanyahu’s […]
Ford To “Re-Time” New EV Production, Expand Hybrid Production

Ford To “Re-Time” New EV Production, Expand Hybrid Production

Image Source: UnsplashToday Ford (F) announces a two-year delay, “retiming” until 2027, on new EV models scheduled for 2025. In addition. Ford will focus on a full line of hybrids.Retiming Press AnnouncementPlease consider Ford’s Press Announcement on retiming and hybrid production. Ford Motor Company said today it is retiming the launch of upcoming electric vehicles at its Oakville, […]
Stocks Plunge As The VIX Spikes Ahead Of Big Jobs Report

Stocks Plunge As The VIX Spikes Ahead Of Big Jobs Report

Image Source: UnsplashStocks finished the day sharply lower today, with the S&P 500 dropping by about 1.25%. The index was up today by around 80 bps, only for all that to be returned starting mid-afternoon. The reason for the reversal was blamed on rising geopolitical tension between Israel and Iran. I’m not sure that was the case, […]
SPDR ETF Report For Thursday, April 4

SPDR ETF Report For Thursday, April 4

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day just ended, Thursday, April 4.Video Length: 00:10:51More By This Author:Metals Report For Wednesday, April 3Financial Markets Report For Wednesday, April 3Metals Report For Tuesday, April 2
Should You Buy S&P 500 ETFs Now & Hold?

Should You Buy S&P 500 ETFs Now & Hold?

Image Source: PixabaySince October, Wall Street has been on a winning streak, defying concerns about various economic factors, especially high inflation and high rates. The S&P 500 logged its best first quarter since 2019. The index was up 10% in the first quarter of 2024.The index has also surged by 25% over the past five months, […]
Current Analysis: Shell

Current Analysis: Shell

Image Source: PixabayShell (RYDAF) is an integrated oil and gas company that explores for, produces, and refines oil around the world.In 2021, it produced 1.7 million barrels of liquids and 8.7 billion cubic feet of natural gas per day. At year-end 2021, reserves stood at 9.2 billion barrels of oil equivalent, 50% of which consisted of […]
Big Bearish Engulfing Patterns As Positive Start Negated

Big Bearish Engulfing Patterns As Positive Start Negated

Image Source: UnsplashIt was a setting up to be a low key day, but come the afternoon, sellers pounced and drove markets down hard after doubts raised on future rate cuts. Fed news wasn’t the key takeaway, but the loss of support was. The S&P was hardest hit, not because of the percentage loss, but because […]
NZD/USD Price Analysis: Bulls Back Off, Consolidation May Be Incoming

NZD/USD Price Analysis: Bulls Back Off, Consolidation May Be Incoming

Photo by Thomas Coker on Unsplash The hourly chart signals a possible short-term rise in selling pressure with a shar decline in the RSI. The negative outlook remains on the daily chart. The bearish crossover between the 20 and 200-day SMAs implies a strong negative momentum. The NZD/USD pair is trading at around 0.6025 and trimmed most of its daily gains […]
Perfect Reversal

Perfect Reversal

Image Source: UnsplashLast night, I did a special post for our beloved Gold and Platinum members called Index Points, whose main point was that we were beautifully positioned for a hard reversal, since we had snapped supporting trendlines so perfectly. Well, this morning it wasn’t looking so good, but a couple of hours before the close, we got some action, Jackson.Honestly, these are […]
AUD/USD Modestly Gains During Friday’s Asian Session, Traders Eye US NFP 
                    
Aussie’s and US economic dockets

AUD/USD Modestly Gains During Friday’s Asian Session, Traders Eye US NFP Aussie’s and US economic dockets

Image Source: Unsplash Aussie Dollar gains on cooling US job market signs, amid geopolitical tension. Fed’s mixed signals reflect caution in policy easing, considering inflation, growth. Australian trade, US job data ahead, crucial for AUD/USD direction amid global economic scrutiny. The Australian Dollar posted solid gains of more than 0.30% on Thursday against the Greenback after […]