Archives by Month:

Archives by Year:

A Correction In A Bull Market

A Correction In A Bull Market

Since the beginning of 2023 the S&P 500 Index is up 35.9% while at the same time the average total return of the so-called Magnificent Seven stocks is 159.1% over that same time frame. The technology heavy Nasdaq 100 index is up 64.5%. The technology sector accounts for nearly 60% of that index’s weighting. And in fact, […]
Amazon And SpaceX Are Both Fighting In Court To Have The National Labor Relations Board Abolished

Amazon And SpaceX Are Both Fighting In Court To Have The National Labor Relations Board Abolished

Jeff Bezos’s Amazon and Elon Musk’s SpaceX are both fighting in court to have the National Labor Relations Board declared unconstitutional. Starbuck’s and Trader Joe’s joined them in separate lawsuits.PexelsAll of these companies have a disgraceful history of worker abuse and union busting. All of them have been charged by the NLRB with hundreds of […]
Gold’s Expected Detinue, Fed Hike Must Ensue?

Gold’s Expected Detinue, Fed Hike Must Ensue?

We start with the Federal Reserve, the Open Market Committee scheduled to deliver its next Policy Statement this coming Wednesday, 20 March (at 18:00 GMT).  Obviously the FOMC shall unanimously vote to do nothing with its Bank’s Funds Rate, the devil then being in the Statement’s details, followed by those then exorcised by the FinMedia from […]
USDCAD Analysis Today And Price Prediction Forecast

USDCAD Analysis Today And Price Prediction Forecast

 More By This Author:US30 | Dow Jones Analysis And Week-Ahead Forecast GBPUSD Analysis Today And Pound Price Prediction Forecast GOLD: Trading Strategy Today, XAUUSD Analysis And Forecast
Economic Data Forecasts For The Weeks Of March 18 & 25

Economic Data Forecasts For The Weeks Of March 18 & 25

Here are my forecasts for upcoming economic releases.   Forecast Prior       Observation   Week of March 18       March 18       NAHB Index 48 48           March 19       Housing Starts – February 1.447M 1.331   Building Permits 1.500 1.470     […]
From The CoT Report: What Hedge Funds, Noncommercials Are Buying, Selling

From The CoT Report: What Hedge Funds, Noncommercials Are Buying, Selling

Following futures positions of non-commercials are as of March 12, 2024.10-year note: Currently net short 603.5k, down 109.7k.Fed funds futures traders are sticking with their outlook for three 25-basis-point cuts this year, with the first cut taking place in June. Post-FOMC meeting next week – slated for Tuesday-Wednesday – this likely gets priced out.This week, […]
Speculator Extremes: GBP, Peso, Soybeans & Australian Dollar Lead Bullish & Bearish Positions 
                    
Here Are This Week’s Most Bullish Speculator Positions:
This Week’s Most Bearish Speculator Positions:

Speculator Extremes: GBP, Peso, Soybeans & Australian Dollar Lead Bullish & Bearish Positions Here Are This Week’s Most Bullish Speculator Positions: This Week’s Most Bearish Speculator Positions:

The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on March 12th.This weekly Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category. Extreme positioning in these markets can foreshadow strong moves in the underlying market.To signify an extreme position, […]
US Dollar Sees Minor Gains As Markets Gear Up For The Fed’s Decision Next Week 
                    
Daily digest market movers: US Dollar to close the week with mild gains after mid-tier data
DXY technical analysis: DXY sees a bearish undertone despite the recent bullish gains

US Dollar Sees Minor Gains As Markets Gear Up For The Fed’s Decision Next Week Daily digest market movers: US Dollar to close the week with mild gains after mid-tier data DXY technical analysis: DXY sees a bearish undertone despite the recent bullish gains

The US Dollar Index (DXY) is registering slight gains at the level of 103.40 on Friday, rebounding from December lows amid rising US Treasury yields. This follows the release of hot inflation data this week. The resilience of strong economic indicators and a cautious stance from the Federal Reserve (Fed) against hasty easing offer potential for US Dollar […]
BofA Cuts Adobe Target To $640, Bullish On AI Future 
                    
AI at the Core: Adobe’s Strategic Pivot
Fueling Innovation: Anticipated AI Services Launch

BofA Cuts Adobe Target To $640, Bullish On AI Future AI at the Core: Adobe’s Strategic Pivot Fueling Innovation: Anticipated AI Services Launch

Photo by Sunny Hassan on Unsplash BofA Securities recently adjusted its outlook on Adobe (NASDAQ: ADBE), setting a new price target of $640, down from $700. Despite this reduction, the firm maintains a bullish stance on the company with a continued Buy rating. This adjustment reflects cautious optimism, recognising Adobe’s efforts to embrace artificial intelligence (AI) as a core […]
USDJPY Analysis And Price Prediction Forecast

USDJPY Analysis And Price Prediction Forecast

 More By This Author:US30 | Dow Jones Analysis And Week-Ahead Forecast GBPUSD Analysis Today And Pound Price Prediction Forecast GOLD: Trading Strategy Today, XAUUSD Analysis And Forecast