Archives by Month:
- January 2025
- December 2024
- 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:
Sensex Today Ends 361 Points Lower; Broader Markets Outperform
After opening the day marginally lower, Indian share markets continued the downtrend as the session progressed and ended the day lower.Equity markets were trading on a tepid note Tuesday amid a largely muted trend in Asia.At the closing bell, the BSE Sensex stood lower by 361 points (down 0.5%).Meanwhile, the NSE Nifty closed lower by 76 points (down 0.3%).Hindalco, […]
Gold: A Surge Into Summer?
More mainstream analysts are “tuning in” to gold by the day. They are noting the incredible resiliency of this mightiest of metals during the recent rate hiking frenzy.Is China “taking over” gold price discovery and if so… is the price headed significantly higher?Well, the commercial COMEX and LBA traders in the West have always keyed off […]
Ethereum: Bullish Test At 21-Day SMA
Ethereum (ETH) is currently trading around ~$3650, facing a test of its immediate resistance at the 21-day simple moving average (SMA) of ~$3679.If ETH can break above this level, it could potentially target $4000 key psychological level. Looking at the bigger picture, ETH sits above both the 50-day and 100-day SMAs, at ~$3254 and ~$2794 […]
Elliott Wave Technical Analysis: Johnson & Johnson – Tuesday, March 26
Image Source: Pexels JNJ Elliott Wave Analysis Trading Lounge Daily Chart,Johnson & Johnson, (JNJ) Daily ChartJNJ Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: Motive POSITION: Wave (3).DIRECTION: Upside in wave 3 of (3).DETAILS: Looking for a three wave move into wave (2) to be completed as we found support on Medium Level at 150$. We are still […]
Repeat Home Sales Price Declined Slightly In January
As I noted again yesterday, house prices lag home sales, which in turn lag mortgage rates. Yesterday we got the final February reading on sales. This morning we got the final January read on prices, for repeat sales of existing homes.Last week’s report on existing home sales showed a sharp increase in February, a repeat […]
More Stock Gains
S&P 500 fulfilled my Sat call for consolidation Monday, and then that of the buyers slowly stepping in again – broadening rally, we didn‘t have to wait too long. Sat article features more of data and market reaction expectations:(…) Energy and materials of course continued standing out, and gold with silver breakout attempts were dialed back. […]
AUD/USD Advances To 0.6550 As US Dollar Eases, Australian Inflation In Focus
Image Source: Pixabay AUD/USD moves higher to 0.6550 as the US Dollar falls on the Fed’s confidence in inflation, declining to the 2% target. The Fed remains stuck with projections of three rate cuts in 2024. Investors await the Australian monthly CPI data for fresh guidance. The AUD/USD pair rises to 0.6550 in Tuesday’s early New […]
Spring Market Demanding More Realism
Nationally, the average Canadian home sale price in February 2024 was $719,400, -11.9% from the cycle peak of $816,720 in February 2022.Year-to-date, sixty percent of homes in the Greater Toronto Area sold below their asking price, 71% in Vancouver, and 48% in Calgary (the trend over the past three years is shown below). The average […]
EUR/USD Analysis: Dollar Remains Strong
The “EUR/USD” currency pair is at risk of further losses this week as the technical setup collapses, and that will not happen until Friday when the potentially market-moving US PCE inflation figure is released. Recently, the EUR/USD pair is stabilizing around 1.0835 at the time of writing the analysis, stable after sharp losses on the […]
Bank Of Japan Exits Negative Rates: What’s Next?
Image Source: Unsplash The Bank of Japan (BoJ) and the Japanese yen were closely connected with negative interest rates and yield curve control policy in the last few years. The aging population, deflationary pressures, and global economic shifts forced the Japanese government to implement various measures to stimulate growth, including monetary easing policies and structural reforms.However, […]
