Archives by Month:

Archives by Year:

Household Equity Allocations Suggests Caution

Household Equity Allocations Suggests Caution

Household equity allocations are again sharply rising, as the “Fear Of Missing Out” or “F.O.M.O.” fuels a near panic mentality to chase markets higher. As Michael Hartnett from Bank of America recently noted: “Stocks are up a ferocious +25% in 5 months, which has happened just 10 times since the 1930s. Normally, such surges occur from recession lows (1938, 1975, […]
Elliott Wave Technical Analysis: The Procter & Gamble Company – Friday, March 15

Elliott Wave Technical Analysis: The Procter & Gamble Company – Friday, March 15

PG Elliott Wave Analysis Trading Lounge Daily Chart, 15 March 24The Procter & Gamble Company,  (PG) Daily ChartPG Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave (3).DIRECTION: Upside in wave 1 of (3).DETAILS: We are still trading below ATH, as we are approaching the bottom of MG2 at 165$ where we are expecting resistance.  PG […]
USDCHF Soars: Downtrend Defeated Or Bullish Illusion?

USDCHF Soars: Downtrend Defeated Or Bullish Illusion?

USDCHF has displayed a remarkable surge, decisively breaking above key resistance levels. This analysis examines the technical situation and explores potential scenarios for the currency pair. Bulls Charge Higher: Channel Breakout Confirmed: USDCHF decisively rose above the resistance line of the falling price channel on the 4-hour chart. This technical indicator strongly suggests a potential reversal of the downtrend that started at 0.8892. […]
The Best Moves, Like Gold’s Breakout, Happen Without A Reason

The Best Moves, Like Gold’s Breakout, Happen Without A Reason

Image Source: Pixabay  Famed short-seller and Fed critic Bill Fleckenstein joins us to discuss the stock market, the US economy, the Gold bull market, and the new secular bear market in Bonds.Bill thinks Gold will really perform if the Fed eases and Bonds sell-off instead of a rally. He also believes the passive bid in equities […]
Rising US Producer Inflation May Reduce The Number Of Scheduled Fed Rate Cuts

Rising US Producer Inflation May Reduce The Number Of Scheduled Fed Rate Cuts

As of Thursday’s stock market close, the Dow Jones Index (US30) was down 0.35%, the S&P 500 Index (US500) decreased by 0.29%, and the NASDAQ Technology Index (US100) closed negative 0.30%.The US weekly initial jobless claims fell by 1,000 to 209,000, indicating a stronger labor market than expectations of a rise to 218,000. Thursday’s US retail sales report for February 0.6% m/m was weaker than […]
Cocoa Price And Overview

Cocoa Price And Overview

Photo by Alexandre Brondino on Unsplash  Cocoa, the essential ingredient in chocolate, is also a significant player in the global commodity market. In this article, we will begin by defining cocoa in the trading context and explore the various marketplaces where it changes hands. Next, we’ll delve into the different methods used to trade cocoa, including […]
Tesla Eyes Dogecoin Payments: A 2024 Vision

Tesla Eyes Dogecoin Payments: A 2024 Vision

Image Source: DepositPhotosDogecoin’s journey from a niche internet joke to a cryptocurrency powerhouse is a tale of social media influence and market dynamics, with Tesla Inc. CEO Elon Musk playing a pivotal role. Musk’s initial tweets about Dogecoin in 2019, proclaiming it his favourite cryptocurrency, set the stage for the token’s explosive growth. Amid a […]
Yen Weakens Despite Japan’s Deflation Exit

Yen Weakens Despite Japan’s Deflation Exit

Image Source: Unsplash  The USD/JPY pair is rising, reaching 148.28 on Friday. The US dollar is strengthening across the market following the release of US retail sales data.This information is prompting market participants to reassess their expectations for the future of the US Federal Reserve’s interest rate policy. The Fed could interpret strong retail sales as […]
EUR/USD Trades At Make-or-break Level After Thursday’s Sell-off

EUR/USD Trades At Make-or-break Level After Thursday’s Sell-off

Image Source: DepositPhotosEUR/USD is trading in the 1.0800s on the last day of the week after taking a step down from its previous range in the 1.0900s. The catalyst seems to have been Thursday’s US macro data, which dented optimism in the Federal Reserve (Fed) implementing early interest-rate cuts. Thursday’s data showed the US Producer Price Index (PPI) […]
Gold Holds Around Record High

Gold Holds Around Record High

Gold is set to end a run of three straight weekly gains.Yet, spot gold is still holding around its new all-time high, posted just a week ago.Bullion has remained fairly resilient despite this week’s hotter-than-expected US CPI and PPI data, which may force the Fed to delay its rate cut plans.  Bullion easing away from severely overbought conditionsThis recent […]