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USD/JPY Steady, But On The Low End As Investors Knuckle Down For US CPI Inflation

USD/JPY Steady, But On The Low End As Investors Knuckle Down For US CPI Inflation

Image Source: Unsplash USD/JPY remains just shy of 147.00 following last week’s declines. Japan’s Q4 GDP print early Monday missed the mark. US CPI inflation is expected to come in mixed. USD/JPY kicked off the new week on the low side of the 147.00 handle, with the pair steeply off of March’s early highs above 150.00. Markets […]
Bitcoin moves towards a daily close above $72,000

Bitcoin moves towards a daily close above $72,000

Bitcoin (BTC) reached a new all-time high this Monday at $72,710.68, according to data aggregator CoinGecko. Since BTC went over $70,000 again, it managed to hold its ground on top of that price level and now walks towards a daily close above $72,000.The trader known on X (formerly Twitter) as Rekt Capital shared that whenever […]
Top Analyst Reports For Exxon Mobil, PepsiCo & HSBC

Top Analyst Reports For Exxon Mobil, PepsiCo & HSBC

Image Source: PixabayThe Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including Exxon Mobil Corporation (XOM), PepsiCo, Inc. (PEP) and HSBC Holdings plc (HSBC). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. […]
Current Analysis: Getinge AB

Current Analysis: Getinge AB

Image Source: UnsplashGetinge AB (GNGBY), headquartered in Gothenburg, Sweden, manufactures a wide range of products for use in acute care, surgical, and life sciences in hospital, pharmaceutical, and research environs.The company reports in three segments: acute care therapies (54% of revenue), surgical workflows (32%), and life sciences (14%). Products include ventilators, surgical stents, life support systems, […]
Crypto Crack-Up Continues As Stocks & Bonds Sink Ahead Of CPI

Crypto Crack-Up Continues As Stocks & Bonds Sink Ahead Of CPI

Image Source: UnsplashWith all eyes, ears, fingers, and toes tingling ahead of tomorrow’s “most important data item in the whole wide world ever” CPI print (and PPI and Retail Sales later in the week), stocks stumbled on muted volume, bond yields rose, the dollar and gold flatlined, but crypto kept going to the moon…Bitcoin face-ripped once […]
Silver Poised To Play Catch Up To Gold

Silver Poised To Play Catch Up To Gold

 Image Source: Pexels Gold’s breakout to new all-time nominal highs is making headlines. On Friday, the price settled at just under $2,200/oz, after gaining almost $100/oz for the week.Silver actually outperformed gold on a percentage basis. The white metal gained $1.17/oz, or 5%, as compared to gold’s 4.5% gain.The difference is that silver is stuck in […]
Ranked: The Largest Bitcoin ETFs In The U.S.

Ranked: The Largest Bitcoin ETFs In The U.S.

Ranking the Largest Bitcoin ETFs in the U.S. In early January 2024, the U.S. Securities and Exchange Commission (U.S. SEC) gave its approval on exchange-traded funds (ETFs) to track Bitcoin, giving investors an alternative pathway to accessing the world’s biggest cryptocurrency.In this graphic, we’ve shown the eight largest Bitcoin ETFs in the U.S. by assets […]
The Big CPI Report Tomorrow

The Big CPI Report Tomorrow

Image Source: PexelsFor those of you who actually believe the government’s 3.1% inflation rate, I present to you the various predictions about what Tuesday morning’s super-important numbers are going to be.More By This Author:Homebuilders HosedIs 70,000 Performative?Peak Everything, Not Just Stocks
Minor Losses Don’t Deliver The Reversal Off Bearish Engulfing Patterns

Minor Losses Don’t Deliver The Reversal Off Bearish Engulfing Patterns

Markets were set up for a sizable down day, or at least one to undercut breakout support, but this didn’t happen. While there was no real change on the day the fact that there was no major losses should be viewed as a positive.The Russell 2000 (IWM) finish right on $205 support with no technical […]
S&P 500 And Nasdaq 100 – Elliott Wave Update

S&P 500 And Nasdaq 100 – Elliott Wave Update

Image Source: Unsplash Not much to be added to the current analysis. The markets moved more to the downside the upside, but the overall patterns remain in line with expectations for the most part. I do review and update the labeling and review the Fibonacci levels — Expectations remain for the upside diagonal triangle to continue […]