Category Archive: Finance, No picture
Anticipated A Big Gun Stimulus Salute, Delivered A Vague Set Of Nuts And Bolts
Image Source: UnsplashAs the new trading week kicks off in Asia, Chinese stocks are coming off a slippery few days, while U.S. equities continue their upward march with no signs of slowing down.Wall Street wrapped up on a high note last week, with the S&P 500 notching its fifth straight week of gains, closing at record […]
UK Growth Slows Over Summer After Remarkable First Half
Image Source: PexelsThe UK economy had a remarkable run through the first few months of 2024, at least if the monthly GDP figures are to be believed. But those same figures now show that this strength was short-lived.While monthly GDP increased by 0.2% in the month of August, that followed two months of no growth at […]
Brent Crude Oil Price Forecast: Numerous Catalysts Remain
Image Source: Unsplash Concerns over conflicts in the Middle East, coupled with Hurricane Milton have yielded a rebound in oil prices US and Israel have refuted reports on a probable ceasefire between Iran and Israel. A strong US dollar and weak demand outlook are limiting gains. Crude oil prices rebounded on Friday after pulling back from […]
AUD/USD Faces Some Selling Pressure Below 0.6750 On Weaker Chinese Data, Geopolitical Risks
Image Source: Unsplash AUD/USD loses traction to near 0.6730 in Monday’s early Asian session. The weaker Chinese economic data undermines the China-proxy AUD. The US PPI supports expectations of a Fed rate cut next month. The AUD/USD pair attracts some sellers to around 0.6730 and during the early Asian session on Monday. The stronger US Dollar (USD) and […]
Weekly Recap: Bitcoin, AI, U.S. Debt, Oil And Uranium
Image Source: Pexels In this week’s edition of Wealthion’s Weekly Market Recap, Andrew Brill highlights key insights from our expert guests:Christopher Vermeulen examines the broader macro picture, focusing on oil and offering chart analysis for uranium. Michael Gayed explains why traditional models may no longer apply in today’s economy and touches on the debt crisis. Anthony […]
India Is Plunging And It’s Spreading To The Rest Of The World
Image Source: Unsplash The world’s major growth engine the past few years is showing more and worsening signs of finally cracking, including its currency hitting a record low. I’m not talking about the US, obviously, nor is it sickly China. India. If India has stumbled, too, as the rupee suggests, then there might be no escaping […]
Hard Or Soft?
Image Source: Pexels A challenge in writing a weekly letter like this is that the economy never stops. Important data keeps accumulating, whether I write about it or not.A lot happened in the last four weeks: an FOMC meeting with major policy changes, a surprising jobs report, important shifts in the bond market and yield curve, […]
Weekly Technical Update: S&P 500 – Sunday, Oct. 13
Image Source: PexelsIn this comprehensive video, I take a closer look at the S&P 500. I also discuss the possibility of an upcoming rally with the potential to break into new all-time highs.00:24:22More By This Author:Weekly Technical Update: Nasdaq 100 – Sunday, Oct. 13Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, Oct 10Nasdaq 100 & S&P 500 […]
Large-Cap Stocks In Trouble – Sunday, Oct. 13
Image Source: PexelsOver the past 12 months, a group of 10 large-cap stocks have underperformed all others. Here’s an updated look at the top 10 worst performing large-caps, along with their one-year price returns. Note that these numbers are as of Oct. 9, 2024. Additionally, here’s what they look like in one chart:More By This Author:AT&T Inc.: Is It A […]
Index Charts Of Note
Image Source: PexelsOn the heels of a week slathered with lifetime highs, let’s review some important index charts.We will begin with the Nasdaq Composite, which has been on the cusp of breaking above its triangle pattern. Unlike the likes of the S&P 500, the Nasdaq is not at lifetime highs (those having been achieved three months ago), but it wouldn’t take much at […]
