Category Archive: Finance, No picture
Fed Keeps The Party Going
Image Source: Pexels The market got what it wanted from the Fed on Wednesday. The dot plot held to 3 rate cuts in 2024 and Chair Powell then went on to downplay the recent inflation uptick. This resulted in fresh record highs in US equities and a surge in currencies against the US Dollar.Video Length: 00:01:00More […]
Finessing The Secrets To Financial Freedom: The Art Of Elegant Wealth
Image Source: PexelsIntroductionIn the grand game of life, achieving financial freedom is akin to a masterful chess match. It requires strategic planning, patience, and the ability to anticipate the market’s moves. As a financial analyst, I’ve studied the patterns of wealth accumulation and the psychology that drives economic decisions. The art of elegant wealth is not […]
Warner Bros Stock Sits At A Key Support Level
TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Image Source: Unsplash Warner Bros. Discovery’s market cap has crashed to about $20 billion. The company is facing major headwinds as growth slows. It is also one of the most indebted companies in the media […]
ASX : RMD – Resmed Stock Analysis & Elliott Wave Technical Forecast
Image Source: UnsplashUnlocking ASX Trading Success: RMD – RESMED INC Stock Analysis & Elliott Wave Technical ForecastASX: RMD – RESMED INC (1D Chart) Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings,Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with RMD – RESMES INC shares. We have identified an Expanded Flat correction pattern, indicating […]
Australian Employment Surges In February
Image Source: UnsplashBig increase in full-time employment drives the headline increaseAustralia’s headline employment increase for February smashed through expectations, rising by 116.5 thousand from January. There were also some slight upward revisions to the January numbers, so these February figures are even better than they appear at first glance.Not only is the scale of the increase […]
GBP/USD Price Analysis: The Immediate Upside Barrier Is Seen At The 1.2800 Mark, BoE Rate Decision Looms
Image Source: Unsplash BP/USD trades on a stronger note near 1.2790 ahead of the BoE rate decision. The pair keeps the bullish vibe above the key EMA; RSI indicator lies above the 50 midlines. The immediate upside barrier is seen at the 1.2800 mark; the initial support level is located at 1.2735. The GBP/USD pair holds positive ground […]
Gold Price Sticks To Gains Above $2,200 Mark, Bulls Take A Brief Pause Amid Risk-On
Image Source: Unsplash Gold price gains strong positive traction for the second straight day and hits a fresh record high. The Fed’s projected three rate cuts this year weigh on the USD and benefit the yellow metal. The prevalent risk-on mood prompts some profit-taking amid slightly overbought conditions. Gold price (XAU/USD) retreats from a fresh record […]
Time To Buy These Top-Rated Solar Industry Stocks For A Rebound
Image Source: UnsplashThe use of solar energy in power grids is still a strong component concerning the future of alternative energy. Although the concept of solar energy has been around for centuries, technological advancements to make this renewable energy form more affordable in mass production remain in its early stages.Naturally, a more stable inflationary environment is […]
FOMC, Powell Give Investors The Warm Fuzzies
Image Source: UnsplashMarkets enjoyed a bullish day of trading today, pushing higher from flat levels upon the latest output from the Federal Open Market Committee (FOMC) at 2pm ET. The Fed’s “dot-plot” still allows for three 25 basis-point (bps) cuts in 2024, likely to start — but not committed to — at the June meeting. Markets jumped on […]
A Million Little Burritos
Image Source: UnsplashPerhaps you heard yesterday that, after the close, Chipotle (CMG) announced a 50-for-1 stock split. This makes sense, because the stock is about $3,000 per share, and I don’t think they’ve ever bothered splitting it until now. This news alone, which obviously has nothing at all to do with corporate economics, blasted the stock […]
