Category Archive: Finance, No picture
Earnings Take Center Stage As The Trump Trade Reignites
Image Source: UnsplashMonday’s market action had all the hallmarks of a mixed bag, with the Dow Jones Industrial Average and S&P 500 retreating, while the Nasdaq bucked the trend, climbing higher as Nvidia (NVDA) hit a new all-time high. But let’s not get too carried away by Nvidia’s surge—it masked a subtle bearish intraday undertone as […]
3 Tech Stocks To Watch As Q3 Earnings Approach: CSGP, IBM, VRT
Image Source: UnsplashLed by International Business Machines (IBM – Free Report), several trending tech stocks are set to report their third quarter results on Tuesday, October 22.Here’s a brief earnings preview for IBM and a look at two IT services stocks to watch as their Q3 reports approach. IBM’s Q3 Expectations Expanding outside of its renowned computer hardware […]
Australian Dollar Down As US Dollar Emerges
Image Source: Unsplash AUD/USD value has dropped due to consistent gains in the US Dollar. Monetary policy divergence between the RBA and the Fed could provide some relief to AUD/USD. Uncertainty surrounding China’s economic outlook and stimulus efforts remains a key challenge for the Aussie. The AUD/USD pair has declined in the Monday session, following consistent gains […]
Nasdaq 100 & S&P 500 Elliott Wave Daily
Image Source: Unsplash I again have made adjustments to the labeling in both the NQ and ES. The ultimate goal is the same in that additional upside is still expected with previously given targets remaining as well. The NQ remains the more difficult market to nail down an EW count. It has become a day-by-day internal […]
Trump’s tax plan set to eliminate income taxes for 93 million Americans
Key Takeaways Trump’s tax reform could exempt 93.2 million Americans from income taxes. Economists question the feasibility of replacing income tax with tariffs. Share this article Donald Trump’s tax reform proposals could provide partial or full income tax exemptions to 93.2 million Americans, nearly half of the US electorate, according to a report by CNBC. The […]
A Bond Rout Spooks Interest Rate-Sensitive Sectors
Image Source: Unsplash Bonds have been quietly (as usual) selling off as the S&P 500 tests new all-time highs. Of course, for folks like me who’re in the markets all day, “quiet” is anything but; rate-sensitive corners of the market may finally take notice after today’s sell-off.Now, I can hear you ask: “What does interest rate-sensitive […]
Rates Spark: Treasuries Bully Direction
The end games for the Fed and ECB continue to pull in different directions. It’s been quite the change in sentiment in the past six weeks. The Fed was supposed to be the big cutter on a delayed start. Now the pressure is greater on the ECB. This is manifesting in ongoing widening in the […]
Rates Are Going Lower
Image Source: Unsplash There was a major reshuffling of sector performance rankings last week, and as always, the story is even bigger than what makes headlines.None of the changes in the ranking warn of imminent doom, but it does increase my suspicions that the market could peak around the election.The best way to handle volatility is […]
Why The Money Supply Is Growing Again
Image Source: Pexels In August, the money supply grew at the fastest rate in 23 months. The Fed fears a recession, so we can now expect even more monetary growth.Video Length: 00:04:14More By This Author:Is The Federal Reserve A Private Bank? It Doesn’t Matter. The Federal Reserve And The Regime Are One And The Same What […]
Is There More Upside For Gold And Silver In Store?
Image Source: Unsplash Federal Reserve Bank of Dallas President Lorie Logan said Monday that she sees more interest rate cuts ahead of the Fed’s policy meeting in November. “If the economy evolves as I currently expect, a strategy of gradually lowering the policy rate toward a more normal or neutral level can help manage the risks and […]
