Category Archive: Finance, No picture
Pairs In Focus – Sunday, Sept. 15
Image Source: Unsplash NZD/USD The New Zealand dollar initially fell during the course of the trading week, only for it to turn around and show signs of life. By turning around the way it did, the market ended up forming a bit of a hammer, and that may suggest that there could be a little bit more […]
Bitcoin Back At $60,000 Amid Stunning Market Recovery
Image Source: Unsplash This Week’s Summary The cryptocurrency market looks set to end the week at a total market capitalization of $2.09 trillion. Bitcoin moved up by over 10% to trade at around $60,000. Ethereum increased by almost 6% to trade at around $2,410. XRP moved up by 11%, Solana by 4%, and Dogecoin by 10%. Almost all altcoins […]
A Big Liquidity Drain Is Poised To Hit The Market Starting This Week
Image Source: PexelsThis week will feature critical central bank meetings, with the Fed on Wednesday, the Bank of England on Thursday, and the Bank of Japan on Friday. While the Fed will capture most of the focus in the U.S., the BOJ may be more significant, especially if they signal that more rate hikes are likely […]
Another Midline
Image Source: PexelsI’ve been very taken by midlines lately, which are the perfectly-in-between lines that define a channel. The longer the channel is, the more importance they, and their midlines, have. I noticed that the Nasdaq 100 index has been sporting one of these, and it closed precisely at that major resistance level on Friday.Here’s the multi-decade view of the channel which […]
US30 Dow Jones Analysis For The Week Ahead
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. Video Length: 00:03:05More By This Author:GOLD Daily Analysis, XAUUSD […]
D.R. Horton (DHI) Signals Strength: Massive Move Coming?
The home construction sector is showing significant strength, with D.R. Horton (DHI) leading the charge. Alongside DHI, other homebuilders like PulteGroup (PHM) and the Homebuilder ETF (XHB) have also maintained strong momentum. However, DHI has displayed relative strength compared to both its peers and the broader market, including the S&P 500.The technical setup forming on […]
Cannabis LP Stocks Were +6% Last Week Vs. -10% The Previous Week
Image Source: UnsplashIntroductionThe Canadian Cannabis LP Stocks Portfolio bounced back from a 10% decline the previous week (w/e Sept. 6th) as the negative sentiment waned surrounding the DEA’s announcement that it would be having a December 2nd hearing to consider additional opinions on the Justice Department’s proposal that cannabis be re-classified to that of a Schedule […]
Liquidity In The Market Has Vanished And Spreads Are Widening
Image Source: UnsplashLiquidity in the stock market has vanished over the last few days.Video Length: 00:16:06More By This Author:A Steeper Curve May Cause The Technology Sector To Sink Further Stocks Rally Back In A Roller Coaster Session Markets Scream Of Risk-Off Ahead Of August CPI Report
Chinese Automakers Are Far Ahead Of Ford And GM On Cost And Quality
Image Source: PexelsFord’s (F) CEO, Jim Farley, is very scared of Chinese automakers. He should be. The US trails badly.An ‘Existential Threat’?!Jim Farley labels China’s electric carmakers ‘existential threat’.That’s a term we hear about climate change and nuclear war. But cars?The Wall Street Journal reports What Scared Ford’s CEO in China Jim Farley had just returned from […]
Asia Week Ahead: Central Bank Developments And An Incoming Data Flood
Image Source: Unsplash China: Monthly data dump before mid-autumn Ahead of the mid-autumn festival next week, China publishes its August data dump on Saturday morning. We are generally looking for another month of sluggish growth data this month, with the three big economic activity indicators of industrial production (5.1% prior, 4.8% forecast), fixed asset investment (3.6% […]
