Category Archive: Finance, No picture
How To Spot A Change In Stock Market Direction
Image Source: Pexels As a trader, I live by several mantras. One of the most important is “searching for a market top or bottom is a loser’s game.” However, you can learn how to spot a change in stock market direction without trying to perfectly time the markets.Traders who do try to time markets end up […]
Gold Price: The Test
↵Image Source: Unsplash Today is an important day for gold price. Will the Dec. 2023 hold? The USD Index might be showing the way.Here’s the key thing to watch right now: After failing to move above $2,200, gold declined, and right now, it’s testing its December 2023 high.At the same time, it’s also testing its rising […]
What Caused Humana’s Shocking Earnings Miss?
Image Source: Pexels In this video, Chuck Carnevale, Co-Founder of FAST Graphs will go over Humana (HUM). Humana missed estimates dramatically for the 4th quarter of last year and analysts have now cut their forecast for 2024 virtually in half, what could have happened to this well-managed healthcare company? Watch this video to find out.Video Length: […]
Recession? Not Today, But…
Image Source: Pexels Watch credit card companies, once they start pulling back on credit, the “R Word” comes into play.“Davidson” submits:Retail Sales reported dipping but continuing to hold at levels well above the pre-COVID trend as shown. Real Personal Income continues higher with past months revised higher. Many ask questions regarding the current dynamics. The St […]
Texas-Oklahoma Wildfires Impact Just Beginning. The Corn & Ethanol Report
We kicked off the week with NAHB HousingMarket Index at 9:00 A.M., Export Inspections at 10:00 A.M., 3-Momth & 6-Momth Bill Auction at 10:30 A.M.The Commitment of Traders Report confirmed a week of fund buying across the principal ag markets. Funds bought 40,900 contracts of corn, 29,000 of bean oil contracts, and 16,900 contracts of […]
Reckitt Rebounds But FTSE Flat On The Day
Image Source: Pexels On Monday, the FTSE 100 of the UK saw a slight decrease down 0.15% as metal miners gained due to positive economic data from China. However, the index was weighed down by losses in consumer healthcare firm Haleon following Pfizer’s stake sale. Investors will be paying close attention to the domestic inflation data […]
Crude Oil Looking To Extend Positive Run In Busy Week For Financial Markets
Image Source: Unsplash Factors supporting oil price include optimism over China, bullish forecast from IEA and general strength in commodities Crude oil rose about 4% last week with WTI taking out the $80 and Brent the $85 barrier, reaching levels last seen in November Financial markets face a key test this week with several central […]
Ethereum And Aevo: $16.6m ICO Fuels DeFi Innovation
In the vibrant realm of cryptocurrency, where innovation meets opportunity, Aevo emerges as a breath of fresh air. This decentralized exchange (DEX) is not your run-of-the-mill trading platform; it’s a tailored haven for derivatives aficionados. Focusing on options and perpetual, Aevo stands out with its unique blend of technology and user-centric features. With the ICO sale catching the eyes […]
Elliott Wave Technical Analysis: Texas Instruments Inc. – Monday, March 18
Image Source: Unsplash TXN Elliott Wave Analysis Trading Lounge Daily Chart, 18 March 2024Texas Instruments Inc., (TXN) Daily ChartTXN Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minor wave 3. DIRECTION: Upside into wave 3. DETAILS: We are witnessing a three wave move from the 200$ ATH which seems to be corrective in nature as well as […]
Cannabis LPs Jumped 10% On Freaky Friday; Trading Volume Jumped 20%
Image Source: Unsplash IntroductionAs I discussed in my previous article last Friday was “Triple Witching Day” – or “Freaky Friday” (see here) – on Wall Street with stock options*, market index options and market index futures all expiring on the same day. This usually generates higher trading volumes since contracts allowed to expire cause traders to close, roll […]
