Category Archive: Finance, No picture
A New Day For Stock Market Bulls
Image Source: Unsplash WHEN IN DOUBT, STEP OUTSome believe we are in a bear market; others say we are in a bull market. If we take a step back in the context of history, what can we learn, assuming we are willing to review the charts/data/signals with objectivity?Video Length: 00:47:02More By This Author:Six Charts That Say […]
Gold Holds Firms As World Braces For Financial Turmoil, War
Image Source: Unsplash As the Federal Reserve puts a hold on interest rates, investors have to ask themselves whether the elevated inflation rate is also on hold.The Fed’s preferred measure of so-called “core” inflation, which excludes food and energy costs, most recently came in at 3.7%. Despite having fallen substantially since last year’s peak, the official […]
FTSE Reverses Early Gains To Head Into The Red At The Close
Image Source: Unsplash The FTSE 100 initially opened higher on Friday, with the potential for its most significant weekly gains in seven weeks. However, as the trading session progressed, early gains began to fade. The blue-chip index appeared to be heading for a weekly loss of 0.81% as some investors chose to lock in profits ahead […]
Power Up Your Dividends With This Utility Stock
Image Source: Unsplash Investors tend to take one particular U.K.-based electric utility for granted. Its history of predictable and defensive returns has long made it a no-brainer for income investors. Its dividend, which grows in line with inflation, has not been cut since 1996.Let’s take a look to see if it’s worth your time…The company I’m […]
The Energy Report: Desperately Seeking Safety
Photo by Zbynek Burival on UnsplashSometimes you must follow hedgers to get an idea of potential upside risk in a market. Hedging activity in the products surged to year highs because the major players can’t afford to be complacent in a world where the risk of a major price spike is at the highest level […]
4 Hour Chart Elliott Wave Technical Analysis GBPUSD – Friday, November 3
GBPUSD Elliott Wave Analysis Trading Lounge 4 Hour Chart, 3 November 23British Pound/U.S.Dollar (GBPUSD) 4 Hour ChartGBPUSD Elliott Wave Technical AnalysisFunction:Counter TrendMode: impulsiveStructure: wave 5 of CPosition: 2/BDirection;Next Lower Degrees: wave 5 of C (started)Details: blue wave 4 of black wave C completed at 1.22860 . Now blue wave 5 of C is in play […]
October Jobs Report: More Deceleration, In The Weakest Report (Except For June’s) Since March 2021
As per my reporting earlier this week, I was looking for 3 things: (1) whether the unemployment rate, which follows initial jobless claims, would remain elevated compared with 1 year ago (it did), whether average hourly earnings gains for non-supervisory workers would continue to decline (they did), and whether jobs growth itself would suggest a […]
Germany’s Unemployment Rate Is On The Rise. SNB Has Reached Its Inflation Target
As of Thursday’s stock market close, the Dow Jones Index (US30) increased by 1.70%, while the S&P 500 Index (US500) added 1.89%. The NASDAQ Technology Index (US100) closed positive at 1.78% yesterday. All three indices hit two-week highs. Hopes that the Federal Reserve will not raise interest rates again drove bond yields lower and supported stocks.Thursday’s economic news out of the US […]
Day Chart Elliott Wave Technical Analysis: GBPUSD – Friday, November 3
GBPUSD Elliott Wave Analysis Trading Lounge Day Chart, 3 November 23British Pound/U.S.Dollar (GBPUSD) Day ChartGBPUSD Elliott Wave Technical AnalysisFunction:Counter TrendMode: impulsiveStructure: wave 5 of CPosition: 2/BDirection;Next Higher Degrees: new uptrendDetails: blue wave 4 of black wave C completed at 1.22860 . Now blue wave 5 of C is in play . Wave Cancel invalid level: […]
Elliott Wave Technical Analysis: Microsoft Corp
Microsoft Corp., Elliott Wave Technical AnalysisMicrosoft Corp., (MSFT): 4h Chart 3 November 23MSFT Stock Market Analysis: We have been looking for upside resumption for a few days now. Looking for continuation higher into {iii} as we seemed to have found a bottom. If not we could still be in a sideways wave 4, nonetheless remaining in a […]
