Category Archive: Finance, No picture
EURJPY : 1:2.5 Risk/Reward Target Hit
Image Source: UnsplashOn January 4 2024 EURJPY was showing signals that the pair would extend higher. Below I will explain the reasons why I entered the BUY/LONG trade.Buy Trade Setup1. Price enters the 1-hour bullish demand zone. (Gray box)2. Price sweeps a liquidity level faking out sellers and fuelling the buyers. (Black line/Liquidity Grab)3. A bullish […]
EUR/USD Price Analysis: Edges Lower To Near Major Support At 1.0950
Image Source: Pixabay EUR/USD retraces its recent gains as the US Dollar trims its intraday losses. A break below 1.0900 could push the pair to navigate the 50-day EMA at 1.0887 followed by the 38.2% Fibonacci retracement level at 1.0867. The psychological level at 1.1000 appears as the key resistance followed by the previous week’s high […]
Inflation Nowcasts And Expectations
Image Source: PixabayNY Fed median expected y/y CPI inflation at 3%. Nowcast for core y/y at 3.9%.Figure 1: Instantaneous CPI inflation (bold black), y/y core CPI (blue), Bloomberg consensus (green square), median expected CPI y/y CPI inflation from NY Fed (red). December observations for CPI, core CPI 1/8/2024 Cleveland Fed nowcasts. NBER defined peak-to-trough recession dates shaded […]
Boeing’s $150 Billion Wipeout
Image Source: UnsplashPeaking at a quarter trillion dollar market cap, it has had quite a fall from grace.The last time Boeing (BA) went through a public relations nightmare, it lasted MONTHS and destroyed the stock. Don’t think today’s blip is the end of it.More By This Author:Nvidia: Soaring To New HighsETF Weekend Review OneReaction to Jobs […]
Asia Morning Bites For Tuesday, January 8
Image Source: PixabayGlobal Macro and Markets Global markets: US Treasury markets had another choppy day on Monday but finished roughly unchanged. 2Y yields traded in a 10bp range, but ended only 0.6bp lower than the previous day, and it was a similar story for 10Y yields, which ended only 1.5bp lower at 4.030%. EURUSD is similarly unchanged […]
Asia Morning Bites For Tuesday, January 9
Image Source: PixabayGlobal Macro and Markets Global markets: US Treasury markets had another choppy day on Monday but finished roughly unchanged. 2Y yields traded in a 10bp range, but ended only 0.6bp lower than the previous day, and it was a similar story for 10Y yields, which ended only 1.5bp lower at 4.030%. EURUSD is similarly unchanged […]
Will 2024 See A Regime Shift To Value And Small Cap Or WIll It Be Just More Of The Same?
Image Source: UnsplashFarewell and thank you to 2023 which exceeded almost everybody’s expectations after a dismal 2022 and predictions of a dire recession. This blog was more positive than most projecting a 5% to 10% gain for the S&P 500 vs. the actual price gain of 23.9%. Now it’s on to 2024.Unlike at this time last […]
Metals Report For Monday, January 8
Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:12:00More By This Author:Metals Report For Friday, January 5SPDR ETF Report For Friday, January 5Financial Markets Report For Friday, January 5
Solid Buying Kicks Off The Development Of Indices Swing Lows
Image Source: PixabayIt was a good start to the week across all indices as buyers began the day in buoyant mood and didn’t let up all day. If there is a caveat to the buying it was that there was little in the way of a pause or a test of buyer resolve over the course […]
The Magical Melting VIX Saves Stocks For Now
Image Source: UnsplashIt was one of those days; as soon as I woke up, I knew it could be a long day because the VIX was up probably more than it should have been for flat futures. If it feels like Deja Vu, it is probably because I wrote something similar, not that long, ok.Anyway, the […]
