Category Archive: Finance, No picture
Gold Pullback Risks Mount
Gold has proven very strong in recent months, powering up to many new records. All these naturally fueled more-bullish sentiment, leaving traders expecting more gains. While this gold bull is indeed likely to rally much higher in coming months, the risks of a pullback are mounting. Gold’s primary short-term driver is speculators’ gold-futures positioning, which […]
The Revolt Of The Public A Necessary Precursor Birthdays and Travel
“All over the world, elite institutions from governments to media to academia are losing their authority and monopoly control of information to dynamic amateurs and the broader public. This book, until now only in samizdat (and Kindle) form, has been my No. 1 handout for the last several years to anyone seeking to understand this […]
GOLD Trading Strategy Today, XAUUSD Analysis & XAUUSD Forecast – Saturday, September 14
Today you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD. What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:02:51 More By This Author:GOLD Daily Analysis, XAUUSD Analysis & XAUUSD Forecast […]
Wells Fargo Faces OCC Enforcement, But Jim Cramer Sees Opportunity In Stock
Shares of Wells Fargo & Co (WFC) dipped following news of an enforcement action by the Office of the Comptroller of the Currency (OCC), citing the bank’s insufficient anti-money laundering efforts.Despite this, Jim Cramer views the pullback as an opportunity to buy a quality stock at a discount.According to Cramer, Wells Fargo’s regulatory issues were anticipated and […]
US Bitcoin ETFs see largest single-day inflow since late July, Bitcoin climbs past $60,000
Key Takeaways US Bitcoin ETFs experienced the largest inflow since late July with over $263 million in a single day. Bitcoin’s price increase coincides with huge ETF investments, peaking over $60,000. Share this article Inflows into US spot Bitcoin exchange-traded funds surged on Friday, with net buying topping $263 million, the largest single-day inflow since […]
Small & Mids Offer “Value” Here
Image Source: UnsplashWednesday saw an unusually strong reversal from early losses to gains. I saw lots of folks commenting about the last time we saw -1%+ losses turn into +1%+ gains was right at the bear market low in October 2022. To me, that’s irrelevant. Stocks had declined 20-30% in 2022 and in 2024 they were […]
The Weekender: It’s Not Just The First Rate Cut, But The Tempo Ahead
Image Source: UnsplashMARKETSU.S. stocks continued their upward march on Friday afternoon, positioning for robust weekly gains as Wall Street’s confidence in a jumbo Fed rate cut gathered steam overnight. In a sharp reversal, traders who had nearly written off the possibility of a significant pivot by the Federal Reserve following recent inflation and jobs data are […]
Stocks And Precious Metals Charts – Storm Warning
Image Source: PexelsStocks continued their upward drift today, as complacency in the largesse of the Fed to Wall Street continues to build.Gold and silver continued their breakout, moving higher.The VIX fell.The Dollar fell.Clearly indications to lower rates amid a slowing economy and lower inflationary pressures.I took a trip out west of here this morning to Amish […]
Nvidia & NikiLeaks Spark Surge In Stocks, Gold, & Crypto This Week
Image Source: UnsplashAn event-full week (US CPI, US PPI, Presidential debate, ECB rate decision, and WSJ Fed whispers) left stocks, bonds, gold, crypto, and crude all higher in price, while the dollar was clubbed like a baby seal.Soft survey data continues to rebound higher (full of hope) while hard data – most notably labor market-related – has been […]
Union Rejects Boeing Offer Of A 25 Percent Wage Increase, Strike Begins
Image Source: UnsplashBoeing (BA) is bleeding cash, yet offered a reasonable deal including a commitment to build the next plane in Seattle. The union walked out.Boeing Workers Go on StrikeThe Wall Street Journal reports Boeing Union Goes on Strike, Halting 737 Production Boeing’s (BA) biggest labor union went on strike, halting production of its bestselling jets and […]
