Category Archive: Finance, No picture
Mixed Dollar Flow Amidst Crosscurrents
Image Source: Pexels FX markets have been all over the place in recent sessions, with multiple crosscurrents playing into the equation. Key standouts on Wednesday’s calendar come from the Bank of Canada policy decision, an ECB Lagarde speech, Eurozone consumer confidence, US existing home sales, Fed speak, and the Fed Beige Book.Video Length: 00:01:26More By This […]
FX Daily: Dollar Rally Can Pause, But Should Not Correct
Image Source: Unsplash Key market factors continue to support the greenback. We could see some momentum fade today, but the balance of risks remains skewed to the upside into the US election. Elsewhere, markets are expecting a 50bp cut by the Bank of Canada today, but we think the chances of a 25bp move are underpriced. USD: […]
China’s Stock Support Boosts Asian Markets
Image Source: Unsplash China’s central bank pumped the entire Asian market by introducing a plan to support the stock market through share repurchases by companies and major shareholders. China, the world’s second-largest economy, gained investors’ confidence after this strategic move.The government issued guidelines for state banks to grant loans for stock repurchases. These loans are available to companies […]
Will The US Election Affect The Stock Market?
Image Source: Pexels With the US presidential election just two weeks away, anticipation is growing. Donald Trump and Kamala Harris are neck-and-neck in the opinion polls, which has added to the drama of this unpredictable race.The two candidates are far apart in their positions on key issues such as taxation and tariffs, with Trump considered pro-business […]
WTITrades With Positive Bias Around Mid-$71.00s, Just Below Over One-Week Top
Image Source: Unsplash WTI holds steady amid hopes for a demand recovery in China and Middle East tensions. A larger-than-expected rise in US crude stock caps the commodity amid a bullish USD. Traders now look forward to the official US inventory data for short-term opportunities. West Texas Intermediate (WTI) US Crude Oil prices trade with a […]
Nasdaq 100 & S&P 500 Elliott Wave Update – Tuesday, Oct 22
Image Source: PexelsThe markets continue to present challenges to what is actually being traced out and what comes next. The larger count though remains Minor 5th waves up to complete Intermediate 3rd waves. I have again made adjustments to both the ES and NQ labeling. I continue to see the markets break below volatility triggers as […]
Peter Todd fears for his life after controversial Satoshi documentary
Key Takeaways Peter Todd has denied claims made by an HBO documentary that he is Satoshi Nakamoto. The documentary has led to safety concerns for Todd, forcing him into hiding. Share this article Peter Todd says he has gone into hiding due to harassment and safety concerns following an HBO documentary that suggested he might […]
These Range Traps Could Be Easy Money Tomorrow
Image Source: Pexels I’m loving these ranges right now, wow! Markets continue to rotate up/down ahead of TSLA earnings tomorrow afternoon…Rotation is a big clue, because it tells me TRAPS are likely where the easy money is made tomorrow!This is why I love range-bound markets… buy low, sell high, and focus on Bull and Bear Traps…Here […]
Spiking US Yields Spook Investors As Political Storm Clouds Loom On Both Sides Of The Pacific
Image Source: UnsplashMARKETSStocks stumbled into late trading, tripped up by disappointing updates from key companies and growing uncertainty over the pace of Federal Reserve rate cuts. Investors are navigating a tangled web of geopolitical tensions in the Middle East, a Federal Reserve turning out less dovish than expected, and the sudden reawakening of the “Trump Trade.” […]
US Insider Selling Soars To 3 Year High As China Buybacks Surge To Record
Image Source: PexelsChina may have failed once again to stabilize its moribund housing market and flagging economy, with its latest superficial attempt to stimulate consumer demand by releasing another modest trickle of overdue but insufficient monetary and fiscal stimulus measures, but it is certainly not giving up on hopes to prop up the market at almost […]
