Category Archive: Finance, No picture
The Energy Report: Running Into The New Year
Image Source: Pixabay Oil is off to the races to start the new year as risk to supply and demand expectations rise in China and OPEC starts their 2.2 million barrel a day production cut today. Oil is running up in the new year and it may just be getting started.US helicopters sank three Iranian-backed Houthi […]
Analytical Overview Of The Main Currency Pairs – Tuesday, Jan. 2
Image Source: Unsplash The EUR/USD currency pairTechnical indicators of the currency pair: Prev Open: 1.1061 Prev Close: 1.1036 % chg. over the last day: -0.22 % The US dollar started the fourth quarter on the rise, briefly reaching its strongest position in almost a year. However, the dollar was unable to sustain the upward momentum for long. With inflation […]
Sensex Today Ends 379 Points Lower; Vodafone Idea Tanks 5%
Image Source: Unsplash After opening the day lower, Indian share markets continued the downtrend as the session progressed and ended the day lower.Indian benchmark indices declined on Tuesday as investors took home profits after solid gains in 2023, rising Covid-19 cases in the country, and mixed trends in the Asian market.At the closing bell, the BSE Sensex stood […]
Chart Of The Day: Royal Caribbean – Relax But Keep Your Lifejacket On
Image Source: Pixabay The Chart of the Day belongs to the vacation cruise line Royal Caribbean Cruises (RCL). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum, and having a Trend Seeker buy signal then used the Flipchart feature to review the […]
How To Know If You’re A Stock Picker’s Market
Image Source: Unsplash As we transition from bear to bull markets, we must be cognizant of the different styles of trading to be successful. We are once again in a stock picker’s market. Here’s how to tell. A stock market versus a market of stocksIn a bear market, three of four stocks go down. The one […]
2024 Preview: Potential Opportunities Ahead
Last year, investors and traders had to traverse a tricky market landscape.There was a US and European banking crisis back in March, and the war that broke out in the Middle East in October, all amidst the uncertainties over what the Fed would do next with its benchmark rates. For 2024, global financial markets may […]
CHF/JPY Potential Sell Opportunity As The Market Structure Turns Bearish
Image Source: Unsplash The price is likely to drop to the 164.00 support level in the coming days The trading signal provided should last 1-2 weeks with a potential upside of 2.24% I would recommend watching this trade will the NFP data is published on the US dollar on Friday CHF/JPY trading strategy Buy/sell […]
2024 Begins On Defense – Buy Weakness – Enough Said
Image Source: Pixabay Welcome to 2024! I hope you had a great long weekend. Mine was full of football, family, and friends along with some yard work, the UCONN game, and some office time. For the bourbon aficionados out there, I won an auction of various labels from the Buffalo Trace family that included three bottles […]
Firm Start For The Greenback
Image Source: Pixabay Overview: The US dollar begins the new year on a firm note. It is recovering against nearly all the G10 and emerging market currencies today after depreciating in the holiday-thin markets over the past couple of weeks. Japanese markets are on holiday until Thursday. The yen and Swiss franc are the poorest performers among […]
Introducing 2024
2024 is not picking up where 2023 left off as futures are sharply lower with the Nasdaq indicated to open the year down over 1% and the S&P 500 down 0.8%. Things weren’t as bad overnight, but the sellers appeared to step in just after Europe opened for trading. While an earthquake in Japan over the weekend […]
