S&P 500 Elliott Wave Analysis, Plus NDX, DAX, FTSE & ASX200
Image Source: Pexels Elliott Wave Analysis Overview S&P 500 (SPX): Wave 1 of (1) Nasdaq 100 (NDX): Wave iii) of 1 of (1) DAX 40 (DAX): Wave iii) of 1 FTSE 100 UKX (UK100): Wave iii) of 1 S&P/ASX 200 (XJO): Wave iii) of 1 Key Financial Events to Watch US Earnings Season: Monitoring […]
S&P 500 Misses New Closing High By 4 Points
Image Source: PexelsWe saw another positive day in the stock market this Hump Day — not as promising as when the opening bell sounded, perhaps, but substantial nevertheless. The Dow grew by another +130 points, +0.30%, while the S&P doubled that: +0.61%. The tech-heavy Nasdaq led the way again — +251 points, +1.27%, but the small-cap […]
EUR/USD Halts Recovery During Midweek Slowdown
Image Source: Pixabay EUR/USD fell a scant tenth of a percent on Wednesday. Market flows are crumpling with little of note on the data docket. The usual flow of trade war rhetoric headlines has abated, PMI figures loom ahead. EUR/USD stumbled on Wednesday, giving up around one-tenth of one percent as markets grind through a lull […]
Will Shoppers Pay The Price? Retail CEOs Weigh Impact Of Trump Tariffs On Consumers
Image Source: Pexels Retail CEOs say they are better equipped to handle tariffs this time around. Retailers have reduced their reliance on China since the first Trump administration. Retailers are prepared to negotiate with suppliers to reduce costs. Retail CEOs are entering the second Trump administration with a more seasoned approach to potential tariffs, having spent […]
USD/CAD Posts Modest Gains Above 1.4350 As Traders Assess Trump 2.0
Photo by Michelle Spollen on Unsplash USD/CAD holds positive ground around 1.4380 in Thursday’s early Asian session. Trump said his administration was considering 25% tariffs on Mexican and Canadian imports, weighing on the CAD. Canada’s CPI inflation boosts the bets for the BoC rate cut in January. The USD/CAD pair trades with mild gains near 1.4380 during the […]
Gold Price Surges On Trump Policy, Bulls Target All-Time Highs
Image Source: Pixabay Gold hits new 2025 highs amid rising investor anxiety from Trump’s trade rhetoric. Despite a rise in the US Dollar Index, Gold’s ascent signals strong safe-haven demand. Geopolitical tensions in the Middle East escalate, alongside potential US economic measures against Russia. Gold price advances over 0.39% late in the North American session, with the […]
Has The Opportunity For Charles Schwab Stock Passed?
Image Source: Pexels Charles Schwab Corporation (NYSE: SCHW) has already rallied more than 10% this year – but a Wells Fargo analyst says investors haven’t entirely missed the opportunity in this financial services giant.Michael Brown expects the multinational to hit $93 in the coming months after coming in ahead of Street estimates in its fourth financial quarter this […]
Decision Time Breaks In Bulls Favor For Russell 2000
So the Trump Bump continues to play out in favor of bulls. Tuesday delivered a clear breakout of the downward channel with only the 50-day MA left to play as resistance. From a technical perspective, there is only stochastics [39,1] left to cross the bullish threshold. Although, the index has switched to underperformance relative to […]
Stocks And Precious Metals Charts – Moving Higher
Stocks continued moving higher.VIX continued to fall and wallow at near term lows.The Dollar rose.Gold rose higher in its breakout attempt.Silver, not so much.We will have a futures contracts option expiration next Tuesday, January 28.Have a pleasant evening. More By This Author:Stocks And Precious Metals Charts – The U.S. Dollar Fell Stocks And Precious Metals […]
5 Stocks On Sale: Values Or Traps?
Image Source: Pexels Not all stocks finished the year in outstanding fashion. Some stocks sold off after the election in November 2024 and have not yet recovered. Some are down as much as 20%, or more, in just the last 3 months.But you know what that means. It could be a buying opportunity. But are these […]
