Category Archive: Finance, No picture
Silver Forecast: Stabilizes A Bit During The Trading Session On Thursday
At the end of the day, the silver market remains uncertain, with various factors at play, including interest rates, industrial demand, and market volatility. Silver exhibited minimal activity during the early hours of Thursday, reflecting a market grappling with uncertainty about its next move. Silver has historically been characterized by considerable volatility, and the current […]
Gold Price Turns Bullish As FOMC Minutes Weigh On Greenback
The gold price edged higher and is now trading at $2,050, far above yesterday’s low of $2,030. The metal has turned to the upside as the US dollar slumped.Fundamentally, the US dollar took a hit from the US data and the FOMC Meeting Minutes yesterday. The JOLTS Job Openings and ISM Manufacturing Prices came in […]
Santa Did Not Call But Be Careful With Bears Coming To Broad & Wall – Bumpy Is The Theme
Greetings from Beantown, one of my favorite cities. I have been traveling for work since 1989 with thousands of trips I guess and I have never forgotten my clothes. That is, until last yesterday. My plan was to head to Vermont from Boston and I have everything I need in Vermont. So as I was […]
Eurozone Inflation Increased Less Than Expected In December
Image source: Pixabay The inflation rate went up from 2.4 to 2.9%, mainly due to fading energy base effects. The increase serves as a reminder that interest rate cuts in the first quarter are unlikely but this shouldn’t dispel expectations of cuts later in the year. We stick to our expectation of a first cut in June.The increase in […]
Portfolio Return Expectations By Investors Are Too High
A stunning post from VisualCapitalist showed a poll of 8550 investors and 2700 advisors and the gap between the two of future portfolio return expectations. The poll was global; however, I will focus on this post’s domestic portfolio return expectations.Note the gap between investors’ and advisors’ portfolio return expectations in the U.S. is the widest of any […]
EUR/JPY Slows Down For A Higher Degree Correction
Image Source: Pixabay EURJPY hits new highs in the last 10 years or so, with the price acting impulsively on the monthly and weekly charts, but traders should be aware of a new deeper correction now on a daily chart that can already be in progress after prices found resistance at 164. We see some nice […]
S&P 500 Forecast: Waits For NFP Friday
In the end, the S&P 500’s recent performance has kept it close to the 4,700 level, which has garnered attention due to its recurrent significance. The S&P 500 exhibited limited activity during Thursday’s trading session, maintaining a position near the 4,700 level. This particular level has demonstrated significance multiple times in recent weeks, making it a focal […]
Two Trades To Watch: DAX, USD/JPY Forecast – Friday, Jan. 5
Image Source: Unsplash DAX falls after retail sales slump, Eurozone inflation is due Retail sales drop -2.5% MoM in December Eurozone inflation is expected to rise to 2.9% DAX consolidates between 16615 and 16450 The Dax is heading lower after disappointing German retail sales data and ahead of eurozone inflation figures.German retail sales tumbled -2.5% MoM […]
USD/CAD Price Analysis: Refreshes Two-Week High Ahead Of US/Canada Employment Data
The USD/CAD pair prints a fresh two-week high near 1.3380 in the London session. The Loonie asset has witnessed a decent buying interest due to a sharp recovery in the US Dollar Index (DXY) amid cautious market mood ahead of the United States Nonfarm Payrolls (NFP) report.As per the estimates, investors see 170K jobs being created in December against […]
Taxable Account Dividend Growth Portfolio Review – December 2023 & Full Year Review
Image Source: Pixabay Here are some really interesting highlights from the video: Income generated is up 5.6% year-over-year even though no funds have been added to the account. This is an increase of approximately $100/month of additional income from doing nothing. John and Jane withdrew $20,400 of income from their account ($1,700/month) but had a total […]
