Category Archive: Finance, No picture
Google And Apple Surge On Ai News; Nvidia Eyes Growth With New Chip Unveilings
Google and Apple stocks rise on a potential AI deal, while Nvidia gains ahead of anticipated chip reveals at its developer conference.oogle (GOOG), Apple (AAPL), and Nvidia (NVDA) saw notable stock price movements following news related to artificial intelligence (AI) developments today. The market reacted very positively to reports of a potential AI partnership between Google and […]
S&P 500 Investors Riding A Disappointing Roller Coaster
As trading weeks go, the second week of March 2024 resembled a disappointing roller coaster ride for investors. The S&P 500 (Index: SPX) climbed to a new record high of 5,175.27 on Tuesday, 12 March 2024, but then went on to lose 1.1% of that new high value by the end of the week on the […]
Elliott Wave Technical Analysis: Soybean
Image Source: Unsplash Soybean Elliott Wave AnalysisFunction – Trend Mode – Corrective Structure – Zigzag Position – Red wave (4) of blue C Direction – Downwards for red wave (5) of blue C Details – Wave (4) hits a key resistance zone and could be held from further rally toward the 1327 invalidation level. A break below 1160 should be a […]
It’s Past Time To Get Nervous About This Bull Market
U.S. stock prices have been marching steadily higher since the end of October. The S&P 500 is up over 20% with hardly a glitch in the upward trajectory. While it’s great to watch the gains in your portfolio, now is the time to prepare for the next market correction.Here’s why – and how.Here is the […]
What Can China’s Key Economic Activity Data Tell Us About Growth Drivers In 2024?
China’s data featured soft consumer and real estate data but stronger-than-expected investment and industrial data ahead of a potential stimulus rollout, indicating a potential shift in growth drivers for 2024.Pexels Data confirming several trends for 2024China’s National Bureau of Statistics has published the key economic activity data for January and February, our first look at the […]
Elliott Wave Technical Analysis: Euro/U.S. Dollar
Image Source: Unsplash EURUSD Elliott Wave Analysis Trading Lounge Day Chart, 18 March 2024Euro/U.S.Dollar (EURUSD) Day Chart EURUSD Elliott Wave Technical Analysis FUNCTION: Trend MODE: Impulsive STRUCTURE: red wave 3 POSITION:blue wave 3 DIRECTION NEXT LOWER DEGREES:Red wave 4 […]
FX Daily: All Smoke And No Fire?
Image Source: Unsplash Many central banks are announcing policy this week, but we may not end up looking at a very different global FX picture by Friday. The Fed could keep its Dot projections unchanged and reiterate data dependency, delaying most USD moves to April’s round of data releases. The BoJ’s hike or hold decision is a […]
CSL Ltd. (ASX) Elliott Wave Technical Analysis – March 18, 2024
Triangle Correction And Trade Setup: ASX – CSL LIMITED (ASX:CSL) Elliott Wave Technical Analysis – 18 March 24 CSL LIMITED (ASX): CSL Elliott Wave Technical Analysis TradingLounge (1D Chart), March 18, 2024Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with CSL Limited (CSL) shares. We have identified a Triangle correction pattern, […]
Current Analysis: Compass Diversified Holdings (CODI)
Compass Diversified Holdings (CODI) is a diversified business conglomerate based in the United States having two groups: branded consumer business and industrial business. Branded consumer businesses are characterized as those businesses that capitalize on a valuable brand name in their respective market sector. It includes 5.11, Ergobaby, Liberty Safe, and Velocity Outdoor. Industrial businesses are characterized as […]
