Category Archive: Finance, No picture
Reaction To Jobs Report
A surprisingly strong jobs report has sent the market into a tizzy…. although my immediate impression is that the Fibonacci levels are going to provide support. More By This Author:Pattern RecognitionDarling Instruments: A Short Idea Gaining MomentumBullish Opportunities: Three Stocks Near Key Price Gaps With Promising Patterns
Grain And Livestock Market Recap
Grain markets had a mixed day with corn and wheat higher while soybeans continued to struggle. Limit up in lean hogs gives us expanded limits tomorrow.More By This Author:Yields Rise And Stocks Try To Push Higher The Russell 2000 Outperforms, Fueled By Personal Consumption Expenditures Stocks Consolidate And Crude Finds Support
USD/JPY: 2023 Review And 2024 Forecast
According to statistics, USD/JPY (US Dollar/Japanese Yen) is among the top three most traded currency pairs in the Forex market. This is facilitated by the pair’s high liquidity, which ensures narrow spreads and favourable trading conditions. This means that traders can enter and exit positions with minimal costs. Additionally, the pair exhibits very high volatility, […]
Gold Price Forecast: XAU/USD Sees Turbulence In The Wake Of Mixed US Data XAU/USD levels to watch XAU/USD daily chart
In the Friday trading session, the XAU/USD metal witnessed a downward trend, trading around the $2,040 level after jumping near $2,060. The metal showed volatility following the release of mixed US economic data, triggering which saw a strong US labor market but a weak Service sector. However, the markets rushed to re-adjust their dovish bets on the […]
Raw Palladium Metal: A Journey Into Pristine Brilliance
Introduction Precious metals have long been a source of fascination, with their unique properties and lustrous beauty. Among the well-known metals like gold, silver, and platinum, there lies a lesser-known but equally captivating contender: Raw Palladium Metal. With its unique allure and pristine brilliance, this precious metal is a masterpiece of nature that often goes unnoticed.Like […]
WTI Tests $74 As Crude Oil Gets Dragged Higher By Middle East Tensions WTI Technical Outlook WTI Daily Chart
West Texas Intermediate (WTI) US Crude Oil rose again on Friday, tapping 74.27 as Middle East tensions continue to weigh on energy markets. Logistics and shipping companies continue to divert cargo ships away from the Suez Canal to avoid Houthi rebel-infested waters off the coast of Yemen, sending Europe-Aisa connecting shipping lanes around the African continent. A US-led coalition […]
Metals Report For Friday, January 5
Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:13:52More By This Author:SPDR ETF Report For Friday, January 5Financial Markets Report For Friday, January 5SPDR ETF Report For Thursday, January 4
SpaceX Sues Federal Agency Over ‘Unconstitutional’ Structure
Photo by Bastian Riccardi on UnsplashElon Musk’s SpaceX has filed a lawsuit against a federal agency alleging that it’s out of control in violation of the constitution.The National Labor Relations Board (NLRB) has a panel of judges that hear cases brought against companies over workers’ rights. One such complaint lodged in December against SpaceX is being sent there for adjudication – however, SpaceX […]
Starbucks Enables Use Of Reusable Cups For Drive-Thru And Mobile Orders
Stock photo by VecteezyOn Thursday, January 4, Starbucks (SBUX) announced a new program enabling customers to use personal, reusable cups at all company-operated and participating licensed stores in the U.S. and Canada, including for drive-thru purchases and mobile orders made through the Starbucks app.According to Starbucks, the announcement makes the company the first U.S. national coffee […]
Top Picks 2024: Baxter International
Image Source: UnsplashBaxter International (BAX) has four divisions: Medical Products & Therapies, Healthcare Systems & Technologies, Pharmaceuticals, and Kidney Care. The stock aggressively sold off ~65% due to supply chain issues, Hillrom impairment, and most recently, on fears that GLP-1 anti-obesity drugs will impact medical device suppliers. The stock’s average historic P/E is around 19x. It was recently […]
