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Chinese Absence & South American Weather Key The Market. The Corn & Ethanol Report

Chinese Absence & South American Weather Key The Market. The Corn & Ethanol Report

We kicked off the day with Redbook YoY at 7:55 A.M., JOLT’s Job Openings and JOLT’s Job Quits at 9:00 A.M., RCM/TIPP Economic Optimism Index at 9:10 A.M., 42-Day Bill Auction at 10:30 A.M., Fed Kugler Speech at 11:35 A.m., Fed Goolsbee Speech at 2:45 P.M., API Energy Stocks and LMI Logistics Managers Index at […]
FTSE Mints Another Positive Day Aided By Miners Outperformance.

FTSE Mints Another Positive Day Aided By Miners Outperformance.

Image Source: Pexels U.K. stocks rose on Tuesday, buoyed by increased commodity prices that benefited mining and energy shares. The FTSE 100 index climbed 0.5% after a 0.3% gain on Monday. Mining companies such as Anglo American, Antofagasta, and Glencore saw their shares increase by 1-2% as commodity prices continued to trend upward in light of […]
Unlocking ASX Trading Success: Xero Limited

Unlocking ASX Trading Success: Xero Limited

ASX: XERO LIMITED – XRO Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with XERO LIMITED – XRO. We see ASX:XRO continuing to move a little higher with an unfolding Diagonal.ASX: XERO LIMITED – XRO 1D Chart (Semilog Scale) AnalysisFunction: Major trend (Minor degree, gray)Mode: MotiveStructure: DiagonalPosition: Wave ((y))-navy […]
AIXBT launches CHAOS token, soaring to $25 million market cap in 24 hours

AIXBT launches CHAOS token, soaring to $25 million market cap in 24 hours

Key Takeaways AIXBT launched the CHAOS token on the Base blockchain, reaching a $25 million market cap in 24 hours. AIXBT utilized Simulacrum AI’s infrastructure to deploy the CHAOS token, earning over $200,000 in fees during the process. Share this article AIXBT, an AI agent from the Virtuals Protocol ecosystem, launched a token called Chaos […]
Iceland´s Equity Indexes At And Above Their 52-Week Highs

Iceland´s Equity Indexes At And Above Their 52-Week Highs

Image Source: Pexels  As I have mentioned before, it looks like the two stock market indices in Iceland, OMXIPI and OMXI15, are in the process of reversing their long-term trends to the upside. Both are forming or have formed some type of potential cup-and-handle or inverse head-and-shoulder patterns. The former is close to its 52-week (one-year) high, while […]
Total Return Forecasts: Major Asset Classes – Tuesday, Dec. 3

Total Return Forecasts: Major Asset Classes – Tuesday, Dec. 3

Image Source: Pixabay  The long-term performance forecast for the Global Market Index (GMI) continued to increase in November, marking a full reversal of the recent slide in ex ante data. Today’s estimate also marks the highest return outlook in recent history and is modestly above the previous month’s forecast.GMI’s long-term projection is now a 7.2% annualized total […]
Planet Labs – Views From Space

Planet Labs – Views From Space

Summary Planet Labs PL has shown a 90.76% gain since the Trend Seeker buy signal on 10/29, driven by strong technical indicators and consistent price appreciation. The company provides high cadence geospatial data through satellite constellations, serving various sectors including agriculture, energy, finance, and government. Barchart’s technical indicators show 100% buy signals, a 79.49% gain […]
Bitcoin crashes to $62,000 on Upbit after South Korea enacts emergency martial law

Bitcoin crashes to $62,000 on Upbit after South Korea enacts emergency martial law

Key Takeaways Bitcoin plunged over 30% on Upbit following South Korea’s martial law declaration. Fear and uncertainty have gripped the market, leading to widespread selling and a loss of investor confidence. Share this article Bitcoin’s price plunged more than 30% to $62,000 on Upbit within the last hour, following South Korean President Yoon Suk Yeol’s […]
USD/CAD Forecast: Near Highs

USD/CAD Forecast: Near Highs

Nonetheless, I do think that the bias is still to the upside and on my social media accounts and everything else everywhere you see me, I’ve been saying I’m buying dips in this USD/CAD pair, mainly due to the fact that the Canadian economy is so sensitive to the US economy. Is America Slowing?The US economy seems […]
GBP/USD Price Forecast: Stalls Below 1.2700 Amid Dismal UK Retail Sales

GBP/USD Price Forecast: Stalls Below 1.2700 Amid Dismal UK Retail Sales

The Pound Sterling climbed modestly against the US Dollar on Tuesday, yet it failed to decisively clear the 1.2700 figure for the third consecutive trading day. At the time of writing, the GBP/USD trades at 1.2667, up 0.15%.The Britail Retail Consortium (BRC) revealed that retail sales plunged to their lowest reading since April, with the index […]