Category Archive: Finance, No picture
Elliott Wave Technical Analysis – ChainLink Crypto Price News
Image Source: PexelsElliott Wave Analysis TradingLounge Daily Chart ChainLink/ U.S. dollar(LINKUSD) LINKUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Zigzag Position: Wave C Direction Next higher Degrees: Wave (I) of Impulse Wave Cancel invalid Level: 8.498 Details: the corrective of Wave (II) is equal to 61.8% of Wave (I) at 8.702 Log scale […]
The Bizarre Credit Suisse Banking Saga…And The Importance Of Bank Safety
Image Source: UnsplashA quite bizarre piece of news has recently hit the investor community which is not really being addressed by the financial media. I assume the reason that it’s not being covered by the financial media is because it deals with a complex issue involving bank regulators. But we will try to outline the issue […]
These 3 Companies Could Positively Surprise Investors
Image Source: PexelsEarnings season is always an exciting time for investors, with companies finally revealing what’s transpired behind closed doors.As usual, the big banks shifted the cycle into a much higher gear, with many other companies scheduled to follow suit.Concerning looming surprises, Arista Networks (ANET – Free Report), Coinbase (COIN – Free Report), and KB Home (KBH – Free Report) could all […]
Markets Fight Back, Stay Red; MSFT, GOOGL, SNAP Beat On Late Earnings
Image Source: UnsplashMarkets took another tumble today out of the gate. The major indices fought back and closed near session highs, but still well-off breakeven. The Dow finished down -375 points, -0.98%, which was the worst of the bunch. Elsewhere, the S&P 500 dropped -0.46%, the Nasdaq was off -0.64%, and the small-cap Russell 2000 -0.76%. […]
Scenario Analysis For Friday’s Trading Session
Image Source: PexelsThe S&P is currently in a range between 4950 and 5250. After blowout earnings from Google (GOOG/GOOGL) and excellent earnings from Microsoft (MSFT) Thursday afternoon, the market is going to gap up at Friday’s open. The question is: What happens after that? I see three scenarios.The first scenario is a “gap and go”. The market […]
The 10-Yr Moved Sharply Higher On Surprise GDP Report
Image Source: PexelsToday’s GDP report implied a hotter-than-expected PCE report for tomorrow. GDP numbers came as a surprise on a lot of different metrics. The annualized rate of change on the quarter-over-quarter basis came in much lower than expected.Video Length: 00:11:19More By This Author:Stocks Stall Ahead Of Massive Data Dump And Earnings Stocks Rally Again As Rates […]
Current Analysis: XP
Image Source: UnsplashXP Inc (XP) is a Cayman Island-based technology-driven financial services platform. It provides low-fee financial products and services in Brazil.The company evaluates its business through a single segment monitoring operations, making decisions on fund allocation, and evaluating performance. It generates revenue through brokerage commissions.XP Inc. products and services are available through its omnichannel distribution […]
Tech Stocks Surge, Leaving Some Behind
Image Source: UnsplashLast night I was feeling very left behind since the QQQs were plunging, and I was sitting around with IWM puts, and the small caps were just sitting there like an oil painting. Well, I’m pleased to be “left out” tonight, because tech stocks are going insane. I mean, look, I don’t even know what to SAY about a chart that […]
Nasdaq 100 & S&P 500 Elliott Wave Update – Thur, April 25
Image Source: UnsplashMicrosoft (MSFT) & Alphabet (GOOGL) produced solid earnings reports sending both stocks higher after the close which in turn pushed the NQ and ES higher. However, while I have switched to the “other” preferred count after the earnings were reported both counts remain active for now. Each time I feel one has overtaken the […]
ETSY Gears Up To Report Q1 Earnings: What’s In The Cards?
Image Source: Unsplash Etsy (ETSY – Free Report) is scheduled to report its first-quarter 2024 results on May 1.For the first quarter of 2024, the Zacks Consensus Estimate for revenues is pegged at $648.32 million, indicating an improvement of 1.2% from the prior-year quarter’s reported figure.The consensus mark for earnings is pegged at 49 cents per share, suggesting a […]
