Tariffs Roil Markets
Image source: Pixabay Over the weekend, President Trump announced tariffs of 25% on both Canada and Mexico, as well as a 10% tariff on China. Such was not unexpected, as contained in the Trump tariff Executive Order {SEE HERE}. Specifically, that order stated: “[SEE HERE}]: Sec. 2. (a) All articles that are products of Canada as defined by the Federal […]
Investors Getting Reacquainted With Trump Tactics
Image Source: Pexels The market got some relief around the news of the US tariff delay on Canada and Mexico, which helped to inspire a recovery rally in risk assets. Looking ahead, we get US JOLTs job openings, factory orders, Fed speak, ECB speak, and the New Zealand GDT auction.Video Length: 00:01:05More By This Author:Markets Welcome […]
Where Are Stock Prices Going Next?
The S&P 500 has rebounded yet again – is it forming a topping pattern?Stocks opened significantly lower on Monday, with the S&P 500 dipping below last Monday’s local low after the open. However, it rebounded and closed just 0.76% lower, retracing much of its initial decline. The index closed slightly below the 6,000 level.Today, the […]
EUR/USD Forecast: Euro Drops On Tariff News
I think what this means at the end of the day is going to be a situation where we are just fading rallies, which has been the game all along. I don’t like the idea of buying the euro and I think there is a hard ceiling near the 1.05 level. With that being said, […]
Elliott Wave Technical Analysis: Costco Wholesale Corp. – Tuesday, Feb. 4
Costco Wholesale Corp., (COST) Daily ChartCOST Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave {iii} of 5DIRECTION: Upside in wave 5.DETAILS: We are looking for upside potential in wave 5 as we have just broken through Trading Level 1 at 1000$. The Alternate suggests we have a wave 5 in place where {i} stands and we are in […]
Gold Forecast: Sees Massive Volatility
During my daily analysis of markets around the world, the gold market is one of the first ones that I have run to, as I see the headlines coming out the United States that the tariffs on Canada and Mexico are heading into effect. The 25% tariffs on those countries in the 10% tariff on […]
SLB: One Stock Superinvestors Are Loading Up On
As part of the weekly research here at The Acquirer’s Multiple we’re always interested in investing gurus who hold the same stocks that appear in our Acquirer’s Multiple Stock Screeners, based on their latest 13F’s. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks.While […]
US Dollar Whipsaws With China Retaliating Against Trump And Tariffs On Canada And Mexico Delayed
The US Dollar whipsaws across the board in major crosses against other currencies. US President Trump pauses Mexico and Canada tariffs while China retaliates. The US Dollar Index (DXY) tries to hold ground above 108.00 while looking for direction through tariff headlines. The US Dollar Index (DXY), which tracks the performance of the US Dollar against six […]
AUD/USD Price Analysis: Dec Spending Growth Boosts Aussie AUD/USD technical price analysis: Attempting to retest 30-SMA
The AUD/USD price analysis indicates stronger demand in Australia, with household spending rising in December. Moreover, the Australian dollar rose as risk appetite improved after Trump paused tariffs on Canada and Mexico.Data on Tuesday revealed that household spending in Australia rose in December, marking the third month of an increase. Although this was bullish for […]
Australian Dollar Recovers, But Risks Remain High
Image Source: Pixabay The AUD/USD pair rebounded to 0.6199 on Tuesday, recovering some losses. Earlier in the week, the Australian dollar tested multi-year lows as investors distanced themselves from riskier assets amid concerns over US tariffs on Canada, Mexico, and China.A reprieve came as US President Donald Trump delayed the implementation of tariffs on Canada and […]
