Category Archive: Finance, No picture
U.S.Dollar/Swiss Franc – Day Chart Elliott Wave Technical Analysis, Monday, January 8
USDCHF Elliott Wave Analysis Trading Lounge Day Chart, Monday, January 8UnsplashU.S. Dollar/Swiss Franc (FXF) Day ChartUSDCHF Elliott Wave Technical AnalysisFunction: TrendMode: corrective as wave 4 Structure: likely zigzagPosition: Red wave CDirection Next Higher Degrees: black wave 5 of CDetails: blue wave 5 of 3 completed at 0.83335. Now corrective wave 4 is in play. Wave […]
Destruction Of Money Is Keeping Inflation In Check
Photo by ArtHouse Studio DESTRUCTION OF MONEY The “biggest collapse in the money supply since the Great Depression” continues unabated at this point. (See Ryan McMaken’s article here.)The decline in the money supply is nearly three years old and dates back to April 2021.This decline is a destruction of money and is the opposite of what […]
The Coca-Cola Company (KO) Elliott Wave Technical Analysis – Jan. 8, 2024
Analyst: Alessio BarrettaThe Coca-Cola Company (NYSE:KO) 4h Chart, Monday Jan. 8KO Stock Market Analysis: We are looking at a potential five wave move completed into wave 1 and we are now seeing continuation higher as big tech are losing ground and momentum seems to be rotating into the consumer sector. KO Elliott Wave Count: Wave {ii} of […]
Indeterminate Macroeconomic Landscape
MARKETSThe financial markets experienced a lack of direction as equities and bonds meandered aimlessly into the weekend following a series of inconclusive data releases from the U.S. economy.For those seeking macroeconomic clarity, the situation remains pretty elusive. While there is a plausible argument that the U.S. labor market has effectively normalized, uncertainties persist in a […]
Current Analysis: Medical Facilities (MFCSF)
Medical Facilities Corp (OTC:MFCSF) owns a diverse portfolio of surgical facilities in the United States.The company was founded in 2004 and is headquartered in Toronto, Canada. The corporation’s operations are based in the United States.Through its wholly-owned subsidiaries, the company owns controlling interests in four specialty hospitals and six ambulatory surgery centers. The hospitals offer a range […]
Finding The Echoes Of 1948’s Inflation In Today’s Inflation The Federal Reserve on the Sidelines of Late 1940s Inflation Inflation Today
In “Want to Understand 2024? Look at 1948“, the New York Times drew some fascinating parallels between today’s economic and political climate and the era leading to Harry Truman’s surprise victory over Thomas Dewey in the 1948 Presidential election. One key quote summarized the context: “in the era of modern economic data, Harry Truman was […]
Coffee: Weekly Forecast 7th January – 13th January
Image Source: PixabayCoffee prices dropped lower last week in an incremental manner and went into this weekend at its low around the 182.60 price. When trading opens tomorrow the cash price is certain to see some early volatility as large players within the coffee market return from their long holiday vacations. The price of coffee was trading […]
Door Falls Off Mid-Flight: Is Cutting Corners Boeing’s Top Priority?
Image Source: UnsplashIn the wake of yet another cost-cutting Boeing (BA) fiasco, one must wonder what the top priority is at Boeing.Boeing 737 MAX 9s GroundedThe Seattle Times reports Boeing 737 MAX 9s Grounded After Alaska Airlines In-Flight Blowout. Following the serious incident Friday when a part of a Boeing 737 MAX 9 fuselage blew out at […]
Amazon Installs Its First Low Carbon Hydrogen Electrolyzer At Colorado Fulfilment Center
Image Source: UnsplashHydrogen and fuel cell solutions company Plug Power (PLUG) announced it has completed the installation and commissioning of an electrolyzer system at an Amazon (AMZN) fulfillment center in Aurora, Colorado, enabling the company to produce low-carbon hydrogen to power equipment at the facility.Hydrogen is viewed as one of the key building blocks of the […]
Week Ahead: Attention Turns Back To Inflation
Image source: PixabayThe terribly mixed US jobs report spurred dramatic intraday swings in exchange and US interest rates. But at the close, the dollar was little changed against most major currencies, and expectations for Fed policy was nearly unchanged. The futures market has about a 70% chance of a cut at the March meeting. The Dollar […]
