Category Archive: Finance, No picture
Technical Market Report For May 11, 2024
The good news is: Breadth improved along with prices again last week. The NegativesThe first chart covers the last 6 months showing the Nasdaq composite (OTC) in blue and a 10% trend (19 day EMA) of Nasdaq new highs (OTC NH) in green. Dashed vertical lines have been drawn on the 1st trading day of […]
How To Trade Fast Stock Market Reversals
Fast stock market reversals present unique opportunities for traders to capitalize on quick changes in market direction.By understanding how to identify and trade these reversals, you can potentially generate quick profits in a short period. In this article, we’ll explore effective strategies for trading fast stock market reversals.It’s crucial to understand what stock market reversals are […]
AUDUSD Analysis Plus Price Prediction Forecast
More By This Author:SP500 Analysis & S&P500 Price Prediction Forecast – Sunday, May 5 Crude Oil Trading Strategy, USWTI Analysis & USWTI Forecast – Sunday, May 5 US Dollar Index Current Analysis And USDX Dollar Forecast
Elliott Wave Analysis For Nasdaq 100 & Tech Stocks: Insights & Strategies For NDX, SP500
Elliott Wave Analysis & Trading Strategies for Nasdaq 100 & Major Tech StocksExplore our expert Elliott Wave analysis on Nasdaq 100 (NDX), QQQ ETF, SP500 (SPX), SPY, and top tech stocks including Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), and Alphabet (GOOGL). Our analysis indicates a gradual […]
The Dark Days Of Summer
US stocks encountered another incentive to proceed with caution ahead of next week’s US inflation report. Compounding the wary sentiment, investors grappled with a sobering reality: a notable decline in US consumer sentiment amid escalating inflation expectations, spotlighted by the latest Michigan Consumer Sentiment Index.The preliminary reading from the University of Michigan sentiment index showed […]
5 Stocks Driving Dow’s Market-Beating Performance
Image Source: UnsplashThe Dow Jones Industrial Average emerged stronger than the other two major indices in the latest market rally, driven by renewed hopes of rate cuts, solid corporate earnings and increased stock buybacks. The blue-chip index gained for seven consecutive days, marking its longest winning streak this year.While 27 of the 30 members of the […]
4 Reasons To Bet On Bitcoin ETFs For The Rest Of 2024
Image Source: UnsplashThe cryptocurrency market experienced a lackluster April following a strong rally in the first quarter that led Bitcoin (BTC) to a new all-time high of $73,750.Over the past month (as of May 9, 2024), Bitcoin slumped about 11%. The rise in geopolitical crisis can also be held responsible for this crash. The decentralized nature […]
Bitcoin Price Analysis And Forecast: Saturday, May 11
Photo by André François McKenzie on UnsplashIn today’s video, we’ll be checking the price for BTC/USD, its movement and behavior throughout the past week, and how it might affect its future price.Video Length: 00:05:01More By This Author:SP500 Analysis & S&P500 Price Prediction Forecast – Sunday, May 5 Crude Oil Trading Strategy, USWTI Analysis & USWTI Forecast – Sunday, […]
Energized Gains In Oil Services
Image Source: UnsplashIf you’re still light on energy stocks, you don’t want to wait any longer to build positions in high-quality companies when they trade below our highest recommended entry points. In the oilfield services sector, we hold two companies in the model portfolio — Baker Hughes (BKR) and SLB Ltd. (SLB), formerly called Schlumberger.Both recently reported results and guidance […]
Weekly Technical Update S&P 500 – Friday, May 10
Image Source: UnsplashI updated the EW count for the current timeframe – the larger picture remains the same. I do begin to discuss the alternate view which presents a more “bullish”‘ look for the immediate time frame. A break above 5350 does begin to suggest the alternate view being in control. More on that as the […]
