Category Archive: Finance
EUR/USD Struggles To Find Room To Move
Image Source: Pixabay EUR/USD waffled on Monday, stuck near 1.0400 ahead of the midweek holiday. Global markets are set to go dark during the New Year’s holiday session. Mid-tier German labor figures, US ISM PMI data are the key releases this week. On Monday, EUR/USD dipped below the 1.0400 mark as the market navigates the year-end holiday period. […]
Advanced Micro Devices Inc. Bearish Sequence Calls For More Downside
Image Source: UnsplashIn today’s article, we’ll examine the recent performance of Advanced Micro Devices, Inc (AMD) through the lens of Elliott Wave Theory. We’ll review how the decline from the December 05, 2024, peak unfolded as a 5-wave impulse and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock.Zig-Zag ABC correction AMD 1H […]
Wall Street Stories Of 2024 Likely To Stay Hot In 2025: Key Picks
Image Source: Pixabay Just a couple of trading days are left to end 2024. Wall Street has been on a historic rally, buoyed by the artificial intelligence (AI) craze and rate-cut optimism. A surge in technology stocks and the rise in the share of “Magnificent Seven” have also added to the strength. Trump’s win in the […]
Stocks And Precious Metals Charts – Quiet Markets
The markets were quiet, in a controlled selling event today.Tomorrow will be even quieter.Non-Farm Payrolls on the 10th. Have a pleasant evening. More By This Author:Stocks And Precious Metals Charts – Very Light Volume Stocks And Precious Metals Charts – Quiet Post-Holiday Trading Day Stocks And Precious Metals Charts – Merry Christmas
10 Highest Quality Dividend Growth Stocks For The Long Run
Image Source: Pixabay Investing doesn’t get much simpler than buying and holding high quality dividend growth stocks for the long run.Long-term dividend growth stock investing combines the primary reason most people invest – passive income – with the tried-and-true wisdom that underlies successful investing.For a company to pay rising dividends year-after-year for decades, it must have favorable long-term […]
Coal For The Stock Market’s Santa Rally
Image Source: Pixabay The stock market’s Santa Rally has delivered coal (so far) This is one of the problems with buying wholeheartedly into seasonal factors, because it only works until it doesn’t and when it doesn’t, like it has done so far since the start of the Santa Rally on Christmas eve, it can wreck havoc on […]
Outlook For 2025: More Printing, Weak Growth
Image source: Pixabay 2025 is likely to be the year in which central banks implement the largest stimulus package seen in couple of years coming after 70 countries spend like drunken sailors in election year 2024.Video Length: 00:11:00More By This Author:Government Spending Will Cause The Next Financial Crisis China, Europe, And The Fed. What To Expect […]
Large Declines Can Occur
Image Source: Pexels SPX Monitoring purposes; Sold 12/18/24 at 5872.16 = gain .67%; Long SPX on 10-29-24 at 5832.92Our Gain 1/1/23 to 12/31/23 SPX= 28.12%; SPX gain 23.38%Monitoring purposes GOLD:Long GDX on 10/9/20 at 40.78. We are up 29.28%; SPX up 24% so far this year. The second window bottom is the 63 day average of […]
U.S. Credit Card Defaults Soar To Crisis Highs As Inflation Storm Crushes Working-Poor
The party is long over for the bottom third of U.S. consumers, as maxed-out credit cards and depleted personal savings have pushed credit card loan defaults to their highest level since the 2008 financial crisis.Financial Times cited new data from BankRegData revealing that credit card companies wrote off $46 billion in “seriously delinquent loan” balances in the first nine months of the year—an alarming […]
A Year Without Santa: What The Technicals Say About A Near-Term Bottom
Image Source: Unsplash By any measure, the “Santa Claus rally” that historically boosts stocks through the end of a calendar year has failed.There are just a handful of trading sessions left in the Santa Claus rally period, but I still see folks hopefully scanning the horizon in hopes the jolly fat bull might appear… There’s a […]
