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Insiders Are Buying These 5 Stocks

Insiders Are Buying These 5 Stocks

Image Source: UnsplashInvestors closely monitor insider buys. But who are ‘insiders’?An insider is defined by Section 16 of the Security Exchange Act as an officer, director, 10% stockholder, or anyone who possesses information because of their relationship with the company.Of course, many strict rules apply to insiders. Notably, they have a longer holding period than most, […]
MDB: A High-Flying Software Stock Likely To Report Strong Earnings

MDB: A High-Flying Software Stock Likely To Report Strong Earnings

Wall Street’s fourth-quarter earnings season may be drawing to a close, but there are still several notable companies set to report their latest financial results in the coming weeks. While most of the focus has been on the ‘Magnificent 7’ mega-cap group of tech stocks, several high-flying security software companies are due to deliver their […]
SPDR ETF Report For Thursday, March 7

SPDR ETF Report For Thursday, March 7

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day just ended, Thursday, March 7.Video Length: 00:08:22More By This Author:Metals Report For Thursday, March 7 Financial Markets Report For Thursday, March 7Metals Report For Wednesday, March 6
Elliott Wave Technical Analysis: GBPAUD – Friday, March 8

Elliott Wave Technical Analysis: GBPAUD – Friday, March 8

GBPAUD Elliott Wave Analysis Trading Lounge Day Chart, 8 March 24  British Pound/ Australian Dollar (GBPAUD) Day ChartGBPAUD Elliott Wave Technical AnalysisFUNCTION: Counter Trend      MODE: Corrective      STRUCTURE:Blue wave B      POSITION: Black wave 2      DIRECTION NEXT HIGHER  DEGREES:blue wave C      DETAILS: blue wave B of 2 […]
GBP/USD Price Analysis: Appreciates To Near 1.2810 Followed By December’s High

GBP/USD Price Analysis: Appreciates To Near 1.2810 Followed By December’s High

Image Source: Unsplash GBP/USD targets December high at 1.2828 and August high at 1.2841. Technical analysis suggests a confirmation of the bullish trend for the pair. The psychological level of 1.2800 appears as an immediate support level. GBP/USD seems to continue its winning streak that began on March 1, hovering around 1.2810 during the Asian session […]
Biden-Trump: Some Economic Comparisons

Biden-Trump: Some Economic Comparisons

Image Source: UnsplashGDP, employment, manufacturing, debt, unemployment, etc.Figure 1: GDP in bn.2017$ under Biden relative to first quarter of administration (blue), GDPNow for 3/7 (sky blue square), under Trump (orange). Source: BEA, Atlanta Fed, and author’s calculations.Figure 2: Nonfarm payroll employment under Biden relative to first quarter of administration (blue), under Trump (orange). Source: BLS, and author’s calculations.Figure […]
Nasdaq 100 ETF Further Upside Expected

Nasdaq 100 ETF Further Upside Expected

Image Source: PixabayShort Term Elliott Wave View in Nasdaq 100 ETF (QQQ) suggests that the rally from 2.22.2024 low is in progress as a 5 waves impulse. Up from 2.22.2024 low, wave ((i)) ended at 435.18 and dips in wave ((ii)) ended at 425.29. The ETF extended higher in wave ((iii)) towards 440.59 with internal subdivision as […]
Stocks Rise On March 7, 2024 As The AI Machine Goes Manic

Stocks Rise On March 7, 2024 As The AI Machine Goes Manic

It was a bizarre day across the board, from market price action to some strange Q&A with Powell in the Senate to Broadcom’s bizarre after-hours price action. There are just some days where you can say, Yeah, nothing made sense. It seems that Thursday was that day. Looking forward to Friday for sure with the […]
A Wrap For Powell, But Big Late Trading Day

A Wrap For Powell, But Big Late Trading Day

Image Source: UnsplashFollowing a couple days of selling off ahead of critical economic data this week has paid off for those paying attention: for the second session in a row, we’ve gone up on relatively favorable monthly prints. We’re still not at last week’s highs, save for the small-cap Russell 2000, but of the four major […]
Elliott Wave Technical Analysis: UNIUSD – Friday, March 8

Elliott Wave Technical Analysis: UNIUSD – Friday, March 8

Image Source: UpsplashElliott Wave Analysis TradingLounge Daily Chart, 8 March 24,Uniswap/ U.S. dollar(UNIUSD)UNIUSD Elliott Wave Technical AnalysisFunction: Follow trendMode: MotiveStructure: ImpulsePosition: Wave ((3))Direction Next higher Degrees: wave I of ImpulseWave Cancel invalid Level: 4.50Details: Wave 3 may be complete watch out for the CorrectiveUniswap/ U.S. dollar(UNIUSD)Trading Strategy:Uniswap is still in its Wave 3 rally, with two […]