Category Archive: Finance, No picture
SPDR ETF Report For Tuesday, January 2
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day just ended, Tuesday, January 2.Video Length: 00:10:07More By This Author:Financial Markets Report For Tuesday, January 2Metals Report For Tuesday, January 2Financial Markets Report For Monday, January 1
BYD China Races By Tesla In Electric Vehicle Sales
Image Source: UnsplashBYD (BYDDF), a Chinese automaker, has surpassed Tesla (TSLA) as the world’s leading electric vehicle (EV) manufacturer, having sold a remarkable 526,000 battery-only vehicles in the final quarter of 2023. This achievement was bolstered by a substantial 70% surge in sales during December, fueled by a competitive price war in the market.Tesla, in contrast, […]
Here’s Why The Maersk Share Price Is Ready For Take Off
Image Source: Unsplash Maersk stock price has jumped by more than 30% from its lowest point in 2023. Other shipping companies like ZIM and Hapag-Lloyd have also jumped. Shipping rates have started climbing in the past few months. A.P. Moller Maersk (AMKAF) share price has bounced back as investors watch the ongoing crisis in the Red […]
A Review Of ETFs And Market Movements On Day One Of Trading
Image Source: PixabayToday has been shamefully devoid of original content by me. Before I head to bed, I wanted to fix that! Thus, below, I share a number of ETF charts and a few words about each of them, now that this first day of the trading year is behind us.We begin with DBC, which is […]
US Debt Hits A Record $34.001 Trillion
Image source: PixabayThe US Treasury has a morbid habit of revealing big, round numbers of debt around major calendar milestones, and the new 2024 year was no different because according to the latest Treasury Daily Statement published after the close today and reflecting the US Treasury’s financial statements as of Dec 29, 2023, total US debt […]
Stock Market Outlook For Q1 2024
Image Source: Pixabay The S&P 500 had a strong performance in 2023, but the technical and fundamental outlook for Q1 2024 looks bearish. Technical analysis suggests a bearish divergence, indicating a potential decline in Q1 2024. Large investors may start selling to lock in profits, putting negative pressure on major market indexes. The S&P 500 (SPY) had a […]
GBP/USD Trades Higher Near 1.2630 Amid Weaker UK Business Confidence, US Data Eyed
Image Source: Unsplash GBP/USD halts its losing streak while US Dollar stays calm after a recent surge. IMF Managing Director Kristalina Georgieva expects policy rates to be reduced in 2024 due to a decline in inflation. UK executives urge the BoE to lower interest rates as the Economic Confidence Index fell to 28 from the previous […]
EURUSD: 1:5 Risk/Reward Target Hit
Image Source: Pixabay December 28 2023 I entered the sell entry on the EURUSD pair at 1.1112 with a 10 pip stop loss at 1.1122 and eyeing for a move lower to the 1:5RR target at 1.1062.Sell Trade Setup1. Price entered the 4 hour supply zone where price can reverse lower. (Blue box)2. Price breaks below internal […]
Red Sea Shipping Update, Maersk Pauses Transit Until Further Notice
Image Source: UnsplashThe situation in the Red Sea is grim. Most shipping is rerouted. A time-lapse video shows the disruption. Big shipping surcharges in play.Red Sea Headlines Starting December 18The Wall Street Journal reports Maersk Pauses Transit Through Red Sea Until Further Notice After Attack on Ship Danish shipping giant A.P. Moeller-Maersk MAERSK.B 6.38%increase; green up pointing […]
Metals Report For Tuesday, January 2
Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:05:49More By This Author:Financial Markets Report For Monday, January 1Metals Report For Monday, January 1Financial Markets Report For Thursday, December 28
