Fed Chair Powell Says Current Economy Shows No Urgency For Rate Cuts
Image source: Pixabay ‘The current economic landscape does not signal urgency for rate reductions,’ said Powell. Market analysts anticipate another quarter-point cut in December. Despite these expectations, Powell refrained from making concrete predictions about the rate path. Federal Reserve Chairman Jerome Powell expressed on Thursday that the robust state of the US economy allows for a […]
Technical Indicators Function
Image Source: PexelsTechnical indicators are tools that analyze past price and volume data to provide insights into possible future price movements in the market. Their main functions include:In essence, technical indicators provide a structured way to interpret raw price data, guiding traders’ decisions and improving the objectivity of trade setups in alignment with current market conditions. […]
Normalization Blues
Image Source: PexelsThe latest Fed liquidity data is in, and it’s striking how we’ve come “full circle” with these multi-trillion dollar government stimulus efforts.Fed Total AssetsReverse RepoMarch 2023 Bank BailoutThe coolest part of all is that, combined to project market direction, we get a result which is a beautiful rounded top similar to the one which completed in the first quarter […]
Rethinking Pairs Trading: Can Traditional Methods Still Deliver Returns?
Image Source: PexelsPairs trading is a market-neutral strategy that involves trading two correlated stocks or assets. The idea is to identify pairs that historically move together, and then take a long position in one and a short position in the other when they diverge, with the expectation that they will eventually revert to their mean relationship.The […]
Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, Nov 14
Image Source: PexelsAgain, there isn’t much to be added to the current analysis. The markets continued to push and pull prices as preparations for Friday’s monthly expiration were in full swing. That along with year-end posturing kept the futures markets in a “chop fest” type state with quick price swings ruling the day. There was a […]
This Crown Reversal Could Trigger A Massive Short Squeeze
Image Source: Pexels One day left – let’s finish strong! We just completed a 2-Leg Pullback to the 200ema on the 60-minute chart…Combine that with (2) clues on the Tick Charts, and this Crown Reversal could trigger an EPIC short squeeze tomorrow!Remember that big move higher we saw last week?We’ve finally pulled-back into key support…Now we […]
Financial Markets Report For Thursday, Nov 14
Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, November 14.Video Length: 00:13:28More By This Author:Financial Markets Report For Wednesday, Nov 13SPDR ETF Report For Tuesday, Nov 12Financial Markets Report For Tuesday, Nov 12
A Dollar Breakout Could Lead To Equity Market Carnage
Image Source: PixabayStocks finished the day lower, following hotter-than-expected PPI data and some commentary from Jay Powell that caused traders to pare back bets on December and January rate cuts. The market now sees the next rate cut not coming until March.(BLOOMBERG)All of the talk from the Fed speakers the last few days seems to center […]
Rate Cut Odds Plunge As Powell Signals Willingness To Move Slower
Image Source: Pexels Powell cites a solid economy and will cut rates at a slower pace “carefully”. Fed Will Move CarefullyThe Wall Street Journal reports Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’ Federal Reserve Chair Jerome Powell said recent signs of economic health would allow the central bank to take its time […]
Current Report: Traton
Image Source: PixabayTraton SE (TRATF) is a commercial vehicle manufacturer. The group’s product portfolio comprises trucks, buses, and light-duty commercial vehicles.Transforming Transportation Together. For a sustainable world. this intention underlines the company’s ambition to have a lasting and sustainable impact on the commercial vehicle business and the group’s commercial growth.The company offers products and services under the MAN, […]
