Category Archive: Finance, No picture
Softs Report – Monday, Oct. 7
COTTON General Comments: Cotton was a little higher last week in range trading as continued stressful weather was seen in the south but export demand was less. There are still ideas and reports of weaker demand potential against an outlook for improved US production in the coming year. There have been demand concerns about Bangladesh […]
Oil Rises Amid Escalating Conflict In The Middle East. Inflationary Pressures Are Easing In Vietnam
On Friday, the Dow Jones (US30) Index gained 0.81% (for the week +0.15%), while the S&P 500 (US500) Index gained 0.90% (for the week +0.43%). The NASDAQ Technology Index (US100) closed positive 1.22% (for the week +0.38%). Stocks rose on Friday as a stronger-than-expected US September Payrolls report bolstered prospects for a soft landing. However, […]
The Energy Report: A Significant Date In History.
On this first anniversary of the Hamas terror attack on Israeli citizens and the Battle of Lepanto in 1571 that saved Western civilization, oil prices are surging. They are moving on the risk that Israel may attack Iranian oil fields and the risk that Hurricane Milton will become a massive storm that will hit Florida and […]
Electric Big Rigs Don’t Make Sense Even With $40,000 In Tax Credits
Due to Biden’s regulations, truckers are driving older engines longer because they can’t afford newer diesel models. The result is more pollution.California’s EV Rules Reduce Truck Sales by 50 PercentThe Wall Street Journal reports You Can’t Buy That Diesel Truck. California’s Advanced Clean Fleets rule says “zero-emission” trucks must be a growing share of semi-truck fleet […]
Dollar Recovers After Impressive US Jobs Report
We come into the new week with the market still digesting the latest employment report out of the US. The robust across the board data has been enough to shake out plenty of Dollar shorts as Fed rate expectations for a November cut sink back down to 25 basis points versus 50.Video Length: 00:01:17More By […]
Bitcoin’s lead narrows but still outpaces other assets despite Q3 downturn: NYDIG
Key Takeaways Bitcoin recorded a modest 2.5% gain in Q3 despite market sell-offs. NYDIG notes Bitcoin’s year-to-date gain stands at 49.2%. Share this article According to a recent note from New York Digital Investment Group’s (NYDIG) research division, Bitcoin remains the best-performing asset class in 2024 despite a subdued third quarter. The alpha crypto’s year-to-date […]
BlackRock Stock Drops Despite Market Gains: Important Facts To Note
BlackRock (BLK – Free Report) closed the most recent trading day at $949.19, moving -0.24% from the previous trading session. The stock’s performance was behind the S&P 500’s daily gain of 0.9%. Elsewhere, the Dow gained 0.81%, while the tech-heavy Nasdaq added 1.22%.The stock of the famed investment firm has risen by 8.54% in the […]
Elliott Wave Analysis & Trading Strategies For SP500, Nasdaq, Tech Stocks, And Bitcoin
In this Elliott Wave technical analysis, we examine key markets and stocks, including the SP500, NASDAQ 100, and major tech giants such as Apple, Tesla, Amazon, Nvidia, Microsoft, Meta, Netflix, and Alphabet, along with Bitcoin. Recent corrections in the SP500 and NASDAQ 100 appear to be over, with upward momentum expected to continue, signaling a […]
Exploring Canadian Opportunities
At a recent meeting, I was asked about stock investment opportunities in Canada. That question inspired this article. Although many Canadian companies are listed only on the Toronto Stock Exchange – or the smaller exchanges in Montreal and Vancouver, there are more than 218 Canadian companies with direct listings on US stock exchanges. My first […]
Dow Jones US30 Analysis And Forecast – Sunday, October 6th
Image Source: Unsplash Today, you will see my US30 price prediction based on 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? Watch to find out. Video Length: 00:02:47 More By This Author:Gold Trading […]
