NZD/USD Remains On The Defensive Below 0.5950 As Traders Await US CPI Data
Image Source: Pixabay NZD/USD holds steady around in Wednesday’s Asian session. The US October CPI inflation report will be closely watched on Wednesday. Trump’s tariff plans might cap the upside for the Kiwi in the near term. The NZD/USD pair trades flat near 0.5930 during the Asian trading hours on Wednesday. However, the upside of the pair might […]
Current Report: Komatsu Limited
Image Source: PixabayKomatsu (KMTUY) manufactures and sells construction, mining, utility, forestry, and industrial machinery. It also provides related services such as parts, financing, and maintenance.Its major products are hydraulic excavators, bulldozers, wheel loaders, dump trucks, and motor graders, which focus on surface mining and construction.Through its subsidiary, Komatsu Mining (previously Joy Global it was acquired), the […]
Gold Price Sticks To Gains Above $2,600 Amid Some Repositioning Ahead Of US CPI
Image Source: Pixabay Gold price staged a notable recovery from a nearly two-month low touched on Tuesday. Elevated US bond yields and a bullish USD might cap gains for the non-yielding XAU/USD. Traders now look forward to the crucial US consumer inflation figures for a fresh impetus. Gold price (XAU/USD) attracts some buyers during the Asian session […]
Cava Not Caving
Image Source: PixabayI first wrote about CAVA a couple of months ago, when it was already sky-high. Well, now it’s sky-high-er. I mean, I admit, if these guys had locations near me, I’d be a regular. This stuff looks tasty.Their earnings just came out, and the stock is rocketing to another lifetime high. This thing is a beast!Fundamentals clearly aren’t of interest to buyers […]
SPDR ETF Report For Tuesday, Nov 12
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day that ended, Tuesday, November 12.Video Length: 00:14:57More By This Author:Financial Markets Report For Tuesday, Nov 12Financial Markets Report For Monday, Nov 11Metal Markets Report For Thursday, Nov 7
Q3 Earnings For Young Growth Companies: CAVA, CART, SPOT & More
Image Source: PixabayThe S&P 500 couldn’t keep its winning streak intact today, dipping just -17 points or -0.29% on the day. The Nasdaq slipped an identical -17 points, which was down -0.09% for the session. The Dow performed worse (likely selling off some froth), -382 points or -0.86%. The small-cap Russell 2000 fell hardest: -1.77% at […]
Elliott Wave Technical Analysis: Polkadot Crypto Price News For Wednesday, Nov 13
Image Source: PexelsElliott Wave Analysis TradingLounge Daily ChartPolkadot/ U.S. dollar(DOTUSD)DOTUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave ((1))Direction Next higher Degrees: wave I of ImpulseWave Cancel invalid level:Details: The increase in Wave 1 before the correction in Wave 2.Polkadot/ U.S. dollar(DOTUSD)Trading Strategy: The wave 1 rally seems to be over, so watch out for a wave […]
TIPS Yield, Inflation Breakeven And Dollar Rise
Image Source: PexelsConsistent with expansionary fiscal policy plus tariffs hitting a non-passive Fed reaction function.Figure 1: TIPS constant maturity 5 year yield (blue), five year breakeven (Treasury minus TIPS) (red), both in %. Red dashed line at election. Source: Treasury via FRED.The breakeven rises by 11 bps since election day.Figure 2: DXY dollar index (blue), Fed broad dollar […]
This Double-Bottom Reversal Could Be Easy Profit$$
Image Source: Pexels CPI Tomorrow… are you ready? Markets are messy ahead of CPI tomorrow, but there’s ONE OBVIOUS clue telling me this Double-Bottom Reversal could be easy money!Emini and Nasdaq are bullish overall with a BIG MOVE higher on the 60min…Combine that with an OBVIOUS clue on the tick charts, and it’s easy to […]
Financial Markets Report For Tuesday, Nov 12
Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, November 12.Video Length: 00:09:29More By This Author:Financial Markets Report For Monday, Nov 11Metal Markets Report For Thursday, Nov 7SPDR ETF Report For Thursday, Nov 7
