Category Archive: Finance, No picture
Gold Followed H1 And H4 Breakouts: What Are Todays Levels To Be Broken?
Image Source: UnsplashToday 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: 00:03:03More By This Author:Gold Made A Move Down, But Now […]
BlackRock reports second day of outflows since January debut
Key Takeaways The iShares Bitcoin Trust saw its second outflow since January, reporting $13.5 million withdrawn. US spot Bitcoin ETFs have experienced a three-day streak of net outflows. Share this article BlackRock’s spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust, faced a setback on August 29, with investors pulling $13.5 million, data from Farside […]
Three Reasons Why I’m Less Worried About The US Economy
Image Source: PexelsThe services-providing sector remains strong, and there are even green shoots sprouting in housing. Abroad, there’s some optimism percolating that real growth may be improving in Europe. Nevertheless, we continue to favor the US over the Eurozone. The US has a much more compelling growth story, in our opinion.Here’s more:(1) Purchasing Managers Surveys. The August […]
Yes, You Can Eat Risk Adjusted Returns
Image Source: PexelsThere’s a popular joke in financial circles that says you can’t eat risk-adjusted returns. In other words, while it might be interesting mental gymnastics to calculate things like a Sharpe Ratio the statistical output isn’t something you eat. In other, other words, if a hedge fund is touting a 9% return with 10% volatility […]
Elliott Wave Analysis On Apple 5 Waves Rally Favors Bullish Side
Image Source: UnsplashShort Term Elliott Wave in Apple (AAPL) suggests pullback to 195.99 ended wave IV. The stock has turned higher in wave V with internal subdivision as 5 waves impulse. However, it still needs to break above previous wave III peak at 237.23 on July 15 to rule out a double correction. Up from wave […]
The Historical Guide Tco Forecasting Gold Prices
We use three analog charts to project Gold prices over the next 6 to 9 months, 2 years and to the end of the current cyclical bull market.Video Length: 00:09:10 More By This Author:Gold $4900 Upside Target In 3 YearsGold Stocks & Silver Could Take Gold’s LeadMajor Breakouts Coming In Gold Stocks
Asia Morning Bites For Friday, Aug 30
Image Source: Unsplash Global Macro and Markets Global Markets: US Treasury markets were again fairly subdued on Thursday. 2Y and 10Y US Treasury yields rose by a little under 3 basis points. The 10Y yield is now 3.861%. Yesterday’s 2Q24 GDP second release from the US may have contributed to the slight increase in yields (See […]
Australian Dollar Remains Stronger After A Weak Retail Sales Report
Image Source: Unsplash The Australian Dollar holds its position after Retail Sales reported no growth in July. Australia’s Retail Sales stagnated month-on-month in July, against the expected 0.3% increase. The US Dollar received support following stronger-than-expected US GDP data for Q2. The Australian Dollar (AUD) remains steady against the stable US Dollar (USD) following the Retail […]
3 Top Performing Stocks To Buy After Earnings
Image Source: UnsplashSeveral top-rated Zacks stocks are standing out from a variety of sectors after posting strong quarterly results this week. Able to exceed top and bottom line expectations on Wednesday, here are three of these intriguing companies to invest in as their stocks continue to outperform the broader market.Abercrombie & Fitch (ANF – Free Report)Among the retail sector, […]
Why I’m Zeroed In On Tech Right Now
Image Source: UnsplashNow that we’ve got Nvidia’s (NVDA) earnings out of the way, our focus needs to be on a broader rebound in the tech sector, and specifically on the Nasdaq. This will be key, especially in terms of the sustainability of this bull market in stocks.This is the Sector Bullseye newsletter, after all. And if […]
