Category Archive: Finance, No picture
Forex: It’s Just The Tremors , Before A Full Blown Dollar Tsunami
Image Source: Unsplash Investors are caught in a whirlwind of global uncertainty and trade anxieties. With Trump’s anticipated tariffs looming like storm clouds, those markets in the line of tariff fire are bracing for impact.I hope you’re not underestimating what’s brewing because Trump’s trade and domestic agenda is setting up a USD moonshot like we’ve never […]
The Canadian Dollar Is Under Pressure From A Rising Dollar And Falling Oil Prices
Image Source: Unsplash At the end of Tuesday, the Dow Jones Index (US30) rose by 0.11%. The S&P 500 Index (US500) was up 0.02%. The Nasdaq Technology Index (US100) was down 0.16%. Stocks were trading mixed on Wednesday. Stocks were supported by dovish comments from Minneapolis Fed President Kashkari, who said inflation is moving in the […]
FX Daily: A Taste Of What’s To Come
Image Source: Unsplash Markets were quick to buy USD after a minor correction as US CPI was released yesterday. This move might reflect expectations for the coming year, as a USD-positive policy mix under Trump is likely to drive sustained bullishness for the dollar. In the near term, the positioning picture points to a deeper USD correction, but that […]
JD.com Reports 47.8% Surge In Net Income For Q3 2024
Image Source: Unsplash JD.com, Inc., (NYSE: JD) a prominent player in the supply chain-based technology and service sector, has reported a solid performance for the third quarter of 2024, showcasing a notable increase in both revenue and profitability. The company achieved net revenues of RMB260.4 billion (US$137.1 billion), marking a 5.1% increase compared to the same quarter in […]
Market Having A Hard Time Getting Away From The Trump Trade
There were no surprises from Wednesday’s US inflation data and the market was back to focusing in on the Trump trade and all of the Dollar bullish implications from expectations around the incoming administration’s policies on trade and tax.Video Length: 00:01:01More By This Author:US Inflation Data Comes Into Focus Trump Trade Back In Full Swing […]
Getting Their SpaceX Ya-Ya’s Off
Image Source: UnsplashEver heard of a company called Rocket Lab? Yeah, me neither. However, it has become all the rage over at /wsb for, I think, one specific reason: because SpaceX isn’t public.See, over the past week, the world has gone crazy for All Things Elon. TSLA blasted higher, yes, but none of Elon’s other companies can be traded. Not Twitter. Not SpaceX. Not Boring. Not Neurolink.Among these, SpaceX […]
AUD/USD Forecast: Death Cross Nears As RBA Rate Cut Odds Rise
Image Source: Unsplash The AUD/USD exchange rate has crashed to its lowest level since August. Australia published weak jobs numbers, pointing to potential RBA rate cuts. The pair is about to form a death cross pattern on the daily chart. The AUD/USD exchange rate continued its strong sell-off this week as the US dollar index surged […]
This Bear Trap Could Be Our Biggest Win Of This Week
Image Source: Unsplash Wow, charts look beautiful tonight! I see (2) of my favorite chart patterns setting-up right now…Combine them together, and this Bear Trap might be our biggest win of the week!Emini and Nasdaq might seem a bit messy right now…But look closely, and it’s easy see (2) obvious chart patterns, and (hopefully) a beautiful […]
WTI Recovers To Near $68.00, Stronger US Dollar Might Cap Its Gains
Image Source: Unsplash WTI price rebounds slightly to near $67.90 in Thursday’s early Asian session. US crude stocks fell by 777,000 barrels last week, citing the API on Wednesday. The firmer USD and OPEC’s latest downward revision for demand growth could cap the WTI’s upside. West Texas Intermediate (WTI), the US crude oil benchmark, is trading […]
2 Highly Ranked Stocks To Buy After Earnings: AROC, MNDY
Image Source: UnsplashHolding spots on the Zacks Rank #1 (Strong Buy) list, Archrock (AROC – Free Report) and Monday.com (MNDY – Free Report) are two stocks to consider after reporting their Q3 results on Monday.As intriguing prospects among the energy and tech sectors, respectively, let’s review Archrock and Monday.com’s Q3 results to see why now is a good time to buy. […]
