Archives by Month:

Archives by Year:

Elliottwave Technical Analysis: Binance Coin Crypto News

Elliottwave Technical Analysis: Binance Coin Crypto News

Image Source: PixabayElliott Wave Analysis TradingLounge Daily Chart,Binance/ U.S. dollar(BNBUSD)BNBUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave ((v))Direction Next higher Degrees: wave 3Wave Cancel invalid level: 287.5Details: Wave ((V)) is equal to wave ((1) at 734.4Binance/ U.S. dollar(BNBUSD)Trading Strategy:It looks like Wave IV has finished correcting and the price is rising again in Wave V. Wave […]
Supply Chain Woes Rock The Boat

Supply Chain Woes Rock The Boat

Image Source: PexelsThe collision of the Singapore-registered container ship, the Dali, with a bridge in Baltimore, has caused significant disruptions and raised concerns about its impact on supply chains and goods inflation. The incident resulted in the closure of the Port of Baltimore, which is a major hub for U.S. automobile and farm equipment imports. Additionally, […]
Nikkei Looking To End Impulsive Rally

Nikkei Looking To End Impulsive Rally

Image Source: UnsplashShort Term Elliott Wave view in Nikkei (NKD) suggests pullback to 38136 on 3.12.204 low ended wave 4. Index then turns higher in wave 5. The rally from 3.12.2024 low is in progress as a 5 waves impulse. Up from wave 4, wave ((i)) ended at 39055. Pullback in wave ((ii)) ended at 38155 […]
Top Momentum Stocks Supported By Sizeable Dividends

Top Momentum Stocks Supported By Sizeable Dividends

Image Source: PexelsInvestors are always looking for stocks with strong momentum whether it be positive news surrounding a new business development or better-than-expected financial results.These scenarios are often catalysts that can produce a nice rally and more reassuring is when the benefitting stock offers a sizable dividend to persuade longer-term interest. In this regard, here are […]
Make Tickers Great Again

Make Tickers Great Again

Image Source: UnsplashThe first day out for DJT was a smashing success, although I’d quietly point out that when DWAC was trading back in October 2021, it was substantially higher. All the same, this has been a very powerful stock for months.More By This Author:Index Charts: A Uniform Story With Two Standout Exceptions Boeing’s Gaping HoleReddit IPO: Not […]
The Canadian Cannabis Report – Monday, March 25

The Canadian Cannabis Report – Monday, March 25

For the trading week that ended March 22, 2024, my proprietary Canadian Cannabis Company Index (MCCCI) increased 36.5% compared to the prior week when it when was unchanged. The index consists of 14 stocks, many of which are among the most widely held holdings of the 3 ETFs (MJ, CNBS, and THCX) that I consider […]
Asia Morning Bites For Wednesday, March 27

Asia Morning Bites For Wednesday, March 27

Global Macro and Markets Global Markets: A decent 5Y auction ahead of Friday’s PCE release left 2Y and 10Y yields little changed from the previous day. EURUSD is slightly lower, though it was trending higher before declining in late trading. Most of the G-10 currencies were also little changed to fractionally stronger against the USD. The […]
$5 Billion Sell Imbalance Sinks Stocks On March 26, 2024

$5 Billion Sell Imbalance Sinks Stocks On March 26, 2024

Image Source: PexelsStocks fell sharply in the final hour of trading when a nearly $5 billion sell imbalance was posted at 3:50 PM ET. These orders for the closing cross can start being posted at 2 PM ET and build throughout the afternoon, so it is not surprising that the market started selling off ahead of the release […]
This Slingshot Reversal Could Be Our Biggest Win Of The Week

This Slingshot Reversal Could Be Our Biggest Win Of The Week

Image Source: UnsplashCharts look great tonight, wow!We’re in the perfect location for a Bear Trap right now, but if we’re lucky… we’ll get this Slingshot Reversal instead!Emini and Nasdaq just pulled-back into the Bear Trap zone we spoke about last night…But one NEW CLUE on the charts tells me this Slingshot Reversal might be where the […]
Financial Markets Report For Tuesday, March 26

Financial Markets Report For Tuesday, March 26

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, March 26.Video Length: 00:09:24More By This Author:SPDR ETF Report For Friday, March 22Financial Markets Report For Friday, March 22Metals Report For Friday, March 22