Category Archive: Finance, No picture
Chinese FDI Inflows Hit Multi-Year Lows
Image Source: PixabayThe Chinese economy has thrown up several red flags in 2023 and now foreign investors are losing confidence in the world’s second-largest economy.In the following graphic, Visual Capitalist’s Pallavi Rao shows foreign direct investment (FDI) inflows have hit multi-year lows, using data accessed via the Peterson Institute for International Economics and sourced from China’s State Administration of Foreign Exchange (SAFE)FDI occurs when […]
Metals Report For Wednesday, January 10
Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:09:45More By This Author:SPDR ETF Report For Wednesday, January 10Financial Markets Report For Wednesday, January 10Metals Report For Tuesday, January 9
Why You Should Invest In Gold – The Simple Truth
Image Source: PixabayWith 2024 looking like another turbulent year for investments, this is a reminder why gold is still the smartest guy in the room. These are the compelling reasons why you should consider adding more gold to your precious metals’ holdings:With 2024 looking like another turbulent year for investments, this is a reminder why gold […]
Elliott Wave Technical Analysis: BTCUSD – Thursday, January 11
Image Source: UnsplashElliott Wave Analysis TradingLounge Daily Chart, 11 January 24,Bitcoin / U.S. dollar(BTCUSD)BTCUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave (III)Direction Next higher Degrees: wave ((I))Wave Cancel invalid level: 31046.25Details: Wave (III) is equal to 161.8% of Wave (I) at 50525.35Bitcoin / U.S. dollar(BTCUSD)Trading Strategy: Bitcoin 1 is still in an uptrend, with […]
Nvidia Breaks To New All-Time High, What’s Next?
Image Source: PixabayNvidia (NVDA) broke to a new all-time high as we start 2024. The stock shows an incomplete impulsive structure from the last significant low on October 31, 2023 low. The rally from October 31 is unfolding as a 5 waves impulse Elliott Wave structure. Up from October 31, wave ((1)) ended at 505.48, and dips […]
EUR/USD Edges Higher To Near 1.0980 Ahead Of US CPI Data
Image Source: Pixabay EUR/USD gains upward traction as the US Dollar declines on improved risk appetite. The breakthrough above the barrier at 1.1000 could lead the pair to revisit the previous week’s high at 1.1038. The major support at 1.0950 could be retested as MACD suggests tepid momentum. EUR/USD extends its gains on the second consecutive […]
This CPI Reversal Could Make Your Entire Week
Image Source: UnsplashHere we go… CPI tomorrow!!We’re expecting lots of volatility tomorrow morning, and everyone’s waiting for a pullback…But my favorite trade is this reversal – time this entry correctly and take the rest of the week off!Everyone’s expecting a bullish report tomorrow morning, and that’s exactly why you better be ready for the reversal!E-Mini S&P […]
Asia Morning Bites For Thursday, January 11
Image Source: PixabayGlobal Macro and Markets Global markets: Wednesday was another really quiet day for US Treasuries, perhaps again reflecting the absence of any major macro releases ahead of today’s US CPI release. 10Y US Treasuries traded in a 6bp range, and are just 1.5bp higher than this time yesterday at 4.028% currently. 2Y yields managed to […]
SPDR ETF Report For Wednesday, January 10
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day just ended, Wednesday, January 10.Video Length: 00:17:47More By This Author:Financial Markets Report For Wednesday, January 10Metals Report For Tuesday, January 9SPDR ETF Report For Tuesday, January 9
Rising Stocks And A Falling VIX Will Need To Combat A Potential Breakout In Rates
Image Source: PixabayThe S&P 500 finished the day higher by about 60 bps, while the S&P 500 equal weight ETF finished the day higher by just 17 bps. It again shows how the indexes are diverging and returning to their ways of mid-summer and December.The movement in this week’s markets has led me to conclude that […]
