Category Archive: Finance, No picture
Pairs In Focus – Sunday, Sept. 29
Image Source: Pexels GBP/USD The British pound rallied during the course of the week, as it had initially pulled back, only for it to turn around and break above the 1.34 level during the middle of the day on Friday. The GBP/USD market has continued to see a lot of bullish behavior, and I think any dips in this space […]
Rate Cuts Point To Major Stock Market Decline
Image Source: Unsplash Coming up Gerald Celente of the Trends Journal joins us for an explosive interview on a range of topic, including gold’s rise, the pending death of the dollar and why Gerald is more concerned now than ever that we’re on the verge of World War III. In fact, he believes that it’s already […]
A Wave Of Volatility Is Poised To Hit The Market This Week
Image Source: Unsplash The Nikkei futures were down 6% on Friday as the USD/JPY strengthened materially.Video Length: 00:15:30More By This Author:Stocks Fall But Feel Stuck…For The Moment Stocks Stall As Liquidity Continues To Be A Big Problem The Stock Market Has Stalled As Earnings Estimates Fall
Equities In GDP Terms
Image Source: Unsplash Below is a ratio chart of the S&P 500 divided by the Gross Domestic Product since 1947. It has never been higher. It’s higher than it was in the “Nifty 50” error of the mid 1960s. It’s higher than the absolutely peak of the Internet Mania of 2000.And you know something else? The GDP data hasn’t updated since […]
NNN REIT Stock Is Doing Well And Has More Catalysts Ahead
Image Source: Unsplash NNN REIT’s (NNN) stock price did well in 2024, surging to its highest record level. It has risen for five consecutive months, reaching its all-time high of $49.Its total return this year is 16.31%, higher than the Vanguard Real Estate Fund (VNQ), which has risen by 12%. NNN has also done well in […]
The Great Confidence Dichotomy – Consumers Vs. Investors
Technically BullishLast week, we noted “that from a purely technical perspective, the market remains on a bullish buy signal and has not become grossly overbought. On Friday, the market retested the breakout of the previous highs and held. Next week, if the market can hold these levels without breaking that support, the breakout will be […]
Economic Data Forecasts For The Weeks Of Sept. 30 & Oct. 7
Here are my forecasts for upcoming economic data. Forecast Prior Observation Week of September 30 September 30 Chicago PMI – September 46.1% 46.1 Dallas Fed Manufacturing Index -10 -9.7 October 1 […]
Nasdaq Analysis Today – Saturday, September 28
In this video I cover my forex forecast technical analysis for the Nasdaq and for the week ahead. What is the outlook and setups I am looking to trade.Video Length: 00:03:03 More By This Author:Gold Trading Strategy, XAUUSD Analysis & Forecast – Friday, Sept 27 Gold Trading Strategy, XAUUSD Analysis & Forecast – Thursday, Sept 26 […]
Technical Market Report For September 28, 2024
The good news is: The Dow Jones Industrial Average (DJIA) closed at an all time high last Friday and the S&P 500 (SPX) closed at an all time high last Thursday. Same as last week. The NegativesNegatives are difficult to find. The PositivesThe first chart covers the last 6 months showing the Nasdaq composite (OTC) in […]
Gold Price Plummeted On Friday, Still Eyed Weekly Gains Over 1%
Image Source: Unsplash The XAU/USD currency cross dropped to the $2,646 mark after September inflation data suggested progress toward the Fed’s 2% target. The US 10-year Treasury yield fell five basis points on Friday, while the US Dollar Index dipped by around 0.16% to the 100.41 level. Geopolitical risks rose as Israel struck Lebanon, but gold failed to gain momentum as traders cashed in […]
