Category Archive: Finance, No picture
Brutal Banking Crisis To Launch Gold And Silver
Image Source: Unsplash After the banking crisis earlier this year there’s been a relative sense of calm in the sector. There have been some smaller failures since then, but so far we’ve avoided a wave of collapses like what we saw throughout March and April.But does that mean the coast is clear and the worst is […]
Inflation Rollercoaster: Unemployment Rises, Export/Import Prices Drop, Dollar Plunges
Image Source: Unsplash – Unemployment rises and export/import prices drop, showing inflation is cooling causing the dollar to drop – Cisco (CSCO) plunges after earnings and breaks major support! Gareth shows his process for finding technical levels to trade – Gareth discusses the psychology of the charts of Target (TGT) and Walmart (WMT) following earnings and why they […]
Watch: 3 Key FX Themes For 2024
Image Source: Unsplash ING’s Global Head of Markets, Chris Turner, tells us we’re going to see a reversal of the strong dollar trend next year. Why has the Aussie dollar and the Norwegian krone caught his attention? And why might European currencies still struggle in 2024? Watch this and find out. And read our full FX […]
Bad News For U.S. Economy: 3 Charts Say Consumers At Breaking Point
American Consumers Being at Breaking Point Won’t End WellU.S. consumers are at a breaking point, and that’s really bad news for the U.S. economy. It says that despite all the rosy economic data we’ve been seeing lately, a severe slowdown is brewing.Consumer spending is one of the biggest forces behind the U.S. economy. Look back […]
3 Quality Dividend Stocks With High Yields Above 5%
Image Source: Unsplash Even though interest rates are rising rapidly, the average dividend yield in the S&P 500 Index remains low at around 1.7%. As a result, income investors should focus on higher-yielding securities if they want additional income from their stock portfolios.The good news is, investors do not have to sacrifice quality when buying higher-yielding […]
Q3 2023 European And U.S. Cannabis Update
Image Source: Unsplash The always-exciting cannabis industry got a few big doses of positive news from regulatory agencies worldwide in Q3 2023. Although the stock market spiked, only a few good European Union deals made news this last quarter. Sentiment has increased for the cannabis sector in general, and EU sentiment remains relatively high. There was […]
The FTSE Finish Line – Thursday, Nov. 16
Image Source: Unsplash On Thursday, the UK’s blue-chip FTSE 100 index experienced a slight decline following a three-day streak of gains. The index slipped by 0.6%. In the previous session, the FTSE 100 had reached a near one-month high, driven by easing inflation figures that raised hopes of the Bank of England concluding its interest rate […]
Major Hedge Fund Turns To Gold
Image Source: Unsplash Greenlight Capital (GLRE) reported a major increase in its exposure to gold as the hedge fund’s founder worries about the direction of the markets. In a Q3 letter to investors, David Einhorn expressed concern about geopolitical uncertainty, the rising price of oil, and inflation.Greenlight famously shorted Lehman Brothers before its 2008 failure.According to third-quarter 13-F […]
Elliott Wave Technical Analysis: The Coca-Cola Company – Thursday, Nov. 16
Image Source: Unsplash The Coca-Cola Company, Elliott Wave Technical AnalysisThe Coca-Cola Company, (NYSE: KO): 4h Chart 16 November 2023KO Stock Market Analysis: Looking for continuation higher into a wave {v} as we have found support on 55$ and we are aiming to at least 58 for Minor Group 2. KO Elliott Wave Count: Wave {iv} of […]
FTSE Lags EU And US Markets, But Time For Catch Up With Global Indices?
Image Source: Unsplash At the time of writing on Wednesday, the global stock market rally had come to a halt. The initial excitement surrounding the possibility of central banks adopting a more dovish stance faded, and results on the stock earnings calendar from several companies fell short of expectations. Burberry Group, for instance, experienced a significant […]
