Category Archive: Finance, No picture
Economic Data Forecasts For The Weeks Of Oct. 28 And Nov. 4
Here are my forecasts for upcoming economic data. Forecast Prior Observation Week of October 28 October 28 Dallas Fed Manufacturing Index -9.0 -9.0 October 29 International Trade in Goods – September (a) -94.1 […]
Gold Price Climbed As Traders Sought Safety Due To Geopolitical Woes
Image Source: Unsplash Gold remained elevated amid renewed Middle East hostilities. US election uncertainty added to gold’s appeal, as polls showed a tight race between Trump and Harris in key swing states. Rising US Treasury yields and a rebounding dollar capped gains, with the DXY up 0.29%, limiting further upside for the yellow metal. The price of gold remained firm ahead of […]
Smitten With Novo Nordisk
Image Source: UnsplashSorry to go on and on about Novo Nordisk (NVO), but this bearish position is by far my favorite right now.More By This Author:Reddit Gets LegsTesla Trend BreakFlameout
Enerflex: An International Energy Infrastructure Play That’s On The Right Track
Image Source: UnsplashEnerflex Ltd. (EFXT) was up more than 45% year-to-date recently. But there is a lot going on beyond the movement in the share price. With its financial situation headed in the right direction, this stock is a buy, advises Philip MacKellar, editor of Contra the Heard.In the second quarter, sales rose from $579 million to $614 million, and the […]
EUR/USD Ended Friday While Struggling To Hold Onto 1.08
Image Source: Unsplash The EUR/USD currency pair returned to its bearish ways on Friday. A broad upswing in the Dollar Index continued to pummel the euro. Coming up next week: Daylight Savings Time, Harmonized Index of Consumer Prices data for the EU, US Personal Consumption Expenditure Price Index figures, and US Nonfarm Payrolls. The EUR/USD currency pair trimmed a near-term rebound on Friday, […]
Hedging Against Earnings
Image Source: UnsplashHow does one hedge against earnings to avoid massive drawdowns or major hits to their swing trades? In this episode, I tackle the questions of one swing trader who is holding his positions through earnings and taking steep losses as a result.00:16:07More By This Author:Interview With A Swing TraderLooking Back On Your TradesThe 30-Minute Rule Of Trading
Bitcoin set for ‘huge move’ as Bollinger Bands hit tightest levels
Key Takeaways Bitcoin’s Bollinger Bands are at historic tight levels, indicating a likely major market move. Past tight Bollinger Band periods have preceded significant bull runs. Share this article Bitcoin is poised for a major price movement as its Bollinger Bands are showing one of the tightest formations in history. When the bands are at […]
Reddit Gets Legs
Image Source: UnsplashThis IPO stock has finally finished basing, and it now looks to be pushing higher. The recent chatter surrounding the stock is related to what else but artificial intelligence, and how the mountain of user data in the Reddit archives could potentially be exploited.More By This Author:Tesla Trend BreakFlameoutEvening Aftermath
I’ve Got A Very Good Reason For Owning Shopping Center REITs
Image Source: UnsplashMy readers know me as the real estate investment trust (REIT) man: the guy who’s constantly touting the benefits of safe and steady, dividend-paying, high-yielding REITs.After a decade-plus of exploring the business model – and decades more of hands-on real estate experience – I’m a firm believer in its power to grow portfolios into […]
Dow Jones Analysis & Dow Jones Week Ahead Forecast – Saturday, October 26
Today you will see US30 price prediction based on the technical analysis. What is the support and resistance on the daily time frame for US30. What to expect where the price will breakout for the US30 based on the supply and demand zones.Video Length: 00:03:15More By This Author:Gold Trading Strategy, XAUUSD Analysis & Forecast – […]
