Not A Market To Chase
Since Monday’s plunge the stock market has recovered “nicely”. However, the S&P 500 hasn’t gone anywhere in two months. The Nasdaq 100 either. Lots of chop in a trading range which is pretty much what I laid out in my 2025 Fearless Forecast, the year momentum died. Up, down, sideways, lots of frustration. I see it […]
Gold Hits New Record High, Dear Jerome Powell, Is Everything Under Control?
Image from Trading Economics, Annotations by Mish. Gold Hits Record High on Safe-Haven Demand Amid Tariff ThreatsReuters reports Gold hits record high on safe-haven demand amid tariff threats Gold prices rose to hit a lifetime high on Thursday, sparked by safe-haven demand due to U.S. tariff threats, while the focus was also on a crucial inflation […]
Vertex Pharmaceuticals Stock Soars As Non-Opioid Pain Treatment Gets FDA Nod
Image courtesy of 123rf.com Vertex Pharmaceuticals (Nasdaq: VRTX) has achieved a significant milestone with the U.S. Food and Drug Administration’s approval of Journavx (suzetrigine), a pioneering non-opioid analgesic designed for moderate to severe acute pain in adults. This development is hailed as a crucial advancement in public health, providing a much-needed alternative to traditional opioid painkillers. FDA Greenlights […]
Apple Earnings Breakdown
Apple (AAPL) reported Q4 adjusted EPS of $2.40, which came in better than street expectations of $2.36. Apple has beaten earnings expectations for the 8th straight quarter now. It was a smaller than average earnings beat however, only 1.7% above expectations compared to the 8 quarter average of 3.8%. The growth rate at 10%, was […]
FTSE Posts Best Month In Two Years
Image Source: Pexels Britain’s main stock index reached a record high on Friday and was on track to achieve its best monthly performance in over two years, as investors braced for the Bank of England’s upcoming rate decision. The blue-chip FTSE 100 reached an unprecedented level of 8,692.84 and was up 0.4% as of 12:40 GMT, […]
Wall Street Eyes Winning Week After Earnings, Inflation Data
Wall Street is higher this afternoon and headed for its second consecutive winning week, as investors continue unpack this morning’s inflation reading and more major corporate earnings. At last check, the Dow Jones Industrial Average (DJI) was just above breakeven, while the S&P 500 Index (SPX) was deep in the black, and the Nasdaq Composite (IXIC) boasted […]
Unlocking ASX Trading Success: James Hardie Industries Plc
Our latest Elliott Wave analysis provides an updated outlook on JAMES HARDIE INDUSTRIES PLC (ASX: JHX), listed on the Australian Stock Exchange (ASX).We observe bullish potential in ASX:JHX, indicating a strong probability of a significant upward move. Today’s detailed analysis will highlight key price levels that confirm the initiation of a bull market trend with Wave Three.James Hardie Industries Plc(JHX) – 1D ChartElliott Wave Technical […]
Sensex Today Rallies 741 Points; Nifty Above 23,500
After opening the day higher, Indian benchmark indices gained as the session progressed and ended the day higher.Benchmark equity indices continued their northward march for the fourth consecutive session to settle with gains, as Finance Minister Nirmala Sitharaman presented the Economic Survey 2024-25 in Parliament today.Further, The Indian stock markets will remain open for trading […]
US Inflation Cools Amid Tariff Uncertainty
Inflation remains on track for 2% for now with the PCE deflator and employment cost index offering further signs of encouragement. However, President Trump’s tariff threats hang heavily on the outlook and means the Fed will remain in a wait-and-see mode.Today’s US data suggests that inflation remains on the path towards 2%, but with huge […]
Will Shiba Inu Rise In February? A Look At Shiba Inu’s Past Performance
Historical data shows Shiba Inu (SHIB) has never recorded losses in February.While past trends aren’t an assurance due to the crypto market’s wild fluctuations, SHIB’s consistent patterns have grabbed the crypto community’s attention. Shiba Inu’s Feb performanceCryptorank’s stats show the dog-themed token has gained 21.1% on average in February, with 20.3% median returns.The figures highlight Shiba […]
