Archives by Month:

Archives by Year:

Scorching Hot Payrolls Smash Estimates As US Unexpectedly Adds Massive 256K Jobs In December As Unemployment Rate Drops

Scorching Hot Payrolls Smash Estimates As US Unexpectedly Adds Massive 256K Jobs In December As Unemployment Rate Drops

With consensus expecting a 165K print today, and the whisper number coming in about 20K higher at 187K, traders were expecting a cooler than last month’s 227K – but not too cool – and certainly not hot, jobs number this morning. Instead they got a red hot print at 256K……. nearly 100K higher – or a […]
Walgreens Boots Alliance Reports Better Than Expected Results For Q1 Fy’25

Walgreens Boots Alliance Reports Better Than Expected Results For Q1 Fy’25

Image Source: Unsplash  Walgreens Boots Alliance, Inc.(WBA) reported its financial performance for the first quarter of fiscal 2025, ending November 30, 2024. The company experienced a notable increase in sales, with a 7.5% rise year-over-year, reaching $39.5 billion.The U.S. Healthcare and International segments primarily drove this growth despite challenges in the U.S. Retail Pharmacy segment. The adjusted earnings […]
Ethereum Price Pullback Deepens: Bulls Struggle To Hold Support

Ethereum Price Pullback Deepens: Bulls Struggle To Hold Support

Ethereum price failed to clear the $3,400 resistance and extended losses. ETH is struggling and might continue to move down if it stays below $3,400. Ethereum started a fresh decline from the $3,400 zone. The price is trading below $3,350 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with […]
GBP/JPY Finds Cushion Near 194.00, More Downside Remains Likely

GBP/JPY Finds Cushion Near 194.00, More Downside Remains Likely

 Image Source: Unsplash   GBP/JPY discovers a temporary cushion near 194.00, while its outlook remains uncertain. UK 30-year gilt yields soared amid growing concerns over mounting debt and caution over Trump’s protectionist policies. The BoJ said that it is considering raising the inflation forecast due to the depreciating Yen. The GBP/JPY pair finds temporary support near […]
NFPs Catalyze This Turnaround

NFPs Catalyze This Turnaround

S&P 500 traded volatile Wednesday as I expected – the fear of Fed minutes revealing deep rate cutting rift that would result in „higher for longer“ narrative strengthening, which is exactly what happened, accompanied by certain relief over it not being that bad. So, do we see some clues either way before today‘s non-farm payrolls?You […]
Introducing The US 5-Year Yield Opportunity Index

Introducing The US 5-Year Yield Opportunity Index

Inflation risk is topical again, as I’ve been discussing this week. As a result, the bond market is demanding a higher yield premium to compensate for the possibility that inflation will be higher than recently expected. The question for investors: Does the runup in Treasury yields to date suffice, given the current inflation expectations? In the first […]
Elliott Wave Technical Analysis: Visa Inc. – Friday, Jan. 10

Elliott Wave Technical Analysis: Visa Inc. – Friday, Jan. 10

V Elliott Wave Analysis Trading LoungeVisa Inc., (V) Daily ChartV Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave {ii} of 5.DIRECTION: Upside in wave 5.DETAILS: Looking for upside into what appears to be the last leg of Intermediate wave (1). As we keep trading above 300$ we could expect further upside towards Medium Level at 400$.Visa Inc., […]
Energy Markets Diverge: Crude And Heating Fuels Advance On Cold Weather And Supply Constraints

Energy Markets Diverge: Crude And Heating Fuels Advance On Cold Weather And Supply Constraints

Energy markets continue to exhibit mixed signals across the supply-demand spectrum. On the supply side, persistent declines in U.S. crude inventories and reduced Russian seaborne exports have helped support WTI prices. Simultaneously, colder-than-normal winter conditions across the Northern Hemisphere point to higher consumption for heating fuels, nudging both crude and heating oil futures upward. In […]
US Dollar Falls Flat Ahead Of December US Employment Report

US Dollar Falls Flat Ahead Of December US Employment Report

The US Dollar goes nowhere and trades flat against most major peers. Inflation concerns are being put aside while traders focus on the upcoming Employment Report.  The US Dollar Index (DXY) steadies around 109.00 and is set for some volatility later this Friday.  The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, […]
Credit Just Plunged, Here’s What It Means For The Economy

Credit Just Plunged, Here’s What It Means For The Economy

Image source: Pixabay  Credit card balances crashed in November, according to the latest data from the Federal Reserve. That’s a major warning but not about spending. With such a negative signal instead relating to jobs and the labor market, why the hell are LT rates…rising? The answer to the question can be found in Canada and […]