Category Archive: Finance, No picture
Rates Spark: Bonds Rally On Risk-Off Sentiment
Image Source: PexelsBonds rallied as risk-off sentiment dragged risk-assets lower. Significant euro and dollar issuance did not seem to prevent the decline in yields. Markets are already pricing in significant central bank easing and thus the front end of US and eurozone yield curves had less room to fall. Curves bull steepened as short end remained more […]
US Bitcoin ETFs bleed $288 million post-Labor Day
Key Takeaways Fidelity’s FBTC faced a significant withdrawal, marking its second-largest since inception. Grayscale’s GBTC approaches $20 billion in cumulative outflows amid market challenges. Share this article ETF investors hit the sell button after returning from the Labor Day holiday weekend.US spot Bitcoin exchange-traded funds (ETFs) kicked off September trading with approximately $288 million in […]
Markets Sell Off As Labor Market Data Looms
Image Source: PexelsIt was a tough day for the market indexes. With jobs numbers looming later this week, market participants took a look at stock levels and decided they were too high. The Dow tumbled -626 points, -1.51%, while the Nasdaq shed -577 points, -3.26%. The S&P 500 and small-cap Russell 2000 were down -2.12% and […]
Elliott Wave Analysis & Trading Strategies For S&P 500, Nasdaq, ASX & Global Indices
Image Source: PexelsStock Market Indices Overview: S&P 500, Nasdaq 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Featuring Elliott Wave Technical AnalysisElliott Wave Analysis Indices: Considering Indices correcting in Intermediate Wave (2) The SP500 and Nasdaq have different tops for Wave (1) however I will bring their Wave (2) together to complete at the same […]
Stocks And Precious Metals Charts – The Overreach Of Power And Privilege
Image Source: UnsplashStocks took a deep dive today, as September brings the long-anticipated rinse.Gold and silver were hit hard, but managed to take back a little as the day wore on.VIX spiked higher.The Dollar chopped around, finishing with a minor gain.Even though stocks rebounded a bit off their deep bottom, prices failed to regain any significant […]
National Bank Of Poland Governor’s Tone To Marginally Soften From July
Image Source: PexelsEconomic recovery is progressing on the back of buoyant consumption, while inflation remains elevated. The Monetary Policy Council suggests it may be more open to debate on rate cuts in 2025, especially if the government extends measures to contain electricity price increases next year. We see room for 100bp of rate cuts in 2025.In second […]
The S&P 500 Drops With Support Levels Now In Question
Image Source: PexelsThe S&P 500 is being led lower today, with support being tested while being dragged down by Nvidia and other chip stocks.Video Length: 00:07:14More By This Author:September Could Be Rough For The MarketThe Market May Be In For A Jolt Of Reality This WeekThe Market Jumps Early, Only To Give Back All Of The […]
3 Big Winners From The Q2 Earnings Season: LLY, LMT, META
Image Source: UnsplashThe 2024 Q2 earnings season is slowly grinding to a halt, with the majority of S&P 500 companies already delivering quarterly results. Looking ahead, Q3 earnings for the S&P 500 index are expected to be up +3.8% from the same period last year on +4.6% higher revenues, chaining together consecutive periods of positivity.Below is […]
The End Of Labor Day: The “Bot-Com” Revolution Is Almost Here
Image Source: Unsplash“Meet George Jetson His boy, Elroy Daughter Judy Jane, his wife…”We all know the lyrics from The Jetsons, the 1960s animated sitcom.Oddly, this show about a futuristic family predicted quite a few modern technologies.The Jetsons lived in a smart home controlled by voice assistants. The family called each other over videophones and used holograms. […]
‘September Effect’ Explained: Why It’s A Tough Month For Stock Markets
Image Source: Unsplash CME Group data from last year says the S&P 500 has lost ground in 55% of Septembers over the last century. The index has dropped for the last four years, according to Deutsche Bank. The phenomenon is not restricted to the US alone but a trend that has affected stock markets worldwide. As September […]
