All-Time High S&P 500 – Is It The Selling Opp I Forecast?
Image Source: Pexels Welcome back to a new week. I rooted for the Commanders. They lost. I rooted harder for the Bills. They lost. I hate the Eagles and the Chiefs. I rooted for the UCONN men. They lost. And I was so looking forward to visiting clients in Florida today where it will be 80 […]
Stocks Fall Sharply Alongside Tech; VIX Soars
Stocks are lower today amid a global tech selloff. Unsurprisingly, the tech-heavy Nasdaq Composite Index (IXIC) is plummeting, down nearly 550 points and headed for its worst loss since early August. The Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) are also in the red, the latter on track for its worst loss since Oct. 31, […]
FTSE Heading For A Green Close After Reversing Early AI Led Losses
Image Source: Pexels Investors prepared for the Federal Reserve’s interest rate decision later this week, leading to a quiet start to the week for British stocks as industrial metal miners pulled the index down. Technology stocks had the largest negative impact on the midcap FTSE 250, which declined. The benchmark FTSE 100 managed to reverse early […]
Elliott Wave Technical Analysis: Alphabet Inc. – Monday, Jan. 27
Alphabet Inc. (GOOGL) – Elliott Wave Analysis (Daily Chart) Function: Trend Mode: Impulsive Structure: Motive Position: Minor wave 3 Direction: Upside within wave {iii} of 3 Details: Anticipating further upside, potentially breaking all-time highs (ATHs) around the $200 level with increased volume. An alternative count suggests wave {v} of 5, which may encounter major resistance between $220 and $230. Alphabet Inc. (GOOGL) […]
Will The Trump Factor Influence Markets And The Fed This Week?
Investors this week will be keenly watching how or if the Federal Reserve and the bond market cooperate with Donald Trump’s order for lower interest rates. Although the central bank is unlikely to make decisions based on directives from the White House, the Trump 2.0 policy agenda will surely be a factor, one way or […]
EUR/JPY Price Analysis: Pair Slides To 162.15 As Bearish Momentum Intensifies
The EUR/JPY cross extended its losses on Monday, falling by 0.90% to settle at 162.15. The move highlights increased bearish momentum as the pair approaches a critical technical juncture, with the 20- and 100-day Simple Moving Average (SMA) convergence at 162.00 set to serve as a significant support zone. The steep decline marks a continuation […]
Gold Analysis: Upward Trend To Continue Amid Significant Events
Trump’s policies increase investors’ concernsBefore Trump’s inauguration, many economists warned that his policies could push inflation higher and harm global economic growth. But at a global event in Davos last week, he confused everyone, as he told world leaders and corporate executives at the World Economic Forum in Davos – via video – that he […]
Sensex Today Tanks 824 Points; Nifty Ends Below 22,900
After starting the day on a negative note, the benchmarks dragged further as the session progressed and ended the day on a weak note.Benchmark equity indices, BSE Sensex and NSE Nifty50, ended the week’s first trading session lower, settling down by over 1% each, dragged by the selling across the counters.At the closing bell, the BSE […]
Italian Stock: Hera SpA
TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: Hera SpABloomberg ticker: HER IMMarket cap: US$5,366mBackground: Hera SpA is an Italy-based company engaged in the energy, environmental and water sectors. The Company’s activities are divided into five business segments: Gas, Electricity, Integrated Water Cycle, Environment and […]
Gold Edges Closer To New Record
Image Source: Pixabay Gold fell in Asia trade as the dollar rebounded on the back of concerns about US technology stocks as DeepSeek’s budget model raised questions about the need for huge AI investment. The weakness comes after the precious metal closed higher for the fourth week in a row but came just shy of reaching […]
