We are looking at further upside into wave 3 as we seem to have complete wave {!}-{ii} at around TradingLevel2 at 200$ and we are now continuing higher in what should be Minute wave {iii}.
The pandemic-ravaged economy of January 2020 is long gone. Although much has changed relative to the pre-pandemic economy, and not always for the better, it’s beyond debate that the US has rebounded sharply over the past four years.
The West Texas Intermediate or Light Sweet Crude market has been somewhat noisy during the trading session on Friday as we continue to bounce around an area that quite frankly is going to end up being more or less consolidation and resistance.
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of SPX. We presented to members at the elliottwave-forecast.
Silver price trades sideways above $30.00, with investors focusing on Trump’s inauguration ceremony. US Trump’s policies are expected to be pro-growth and inflationary for the economy.
Bitcoin Is Back To All-Time Highs For Wave 5 As Anticipated after we spotted a wave 4 correction from technical point of view and from Elliott wave perspective.
The GBP/USD exchange rate resumed its downward trend after the recent UK and US economic numbers. The pair dropped to a low of 1.2170 and is nearing its lowest level since October 2023. It has fallen by almost 10% from its highest level in 2024.
Gold prices remain steady above $2,700. Traders are monitoring mixed market signals. They are also waiting for President-elect Donald Trump's inaugural speech.
The Fed will bail out the Treasury with a rate cut but that won't reduce the raising burden of interest expenses because it's not just the cost of debt, it's the raising debt.
During the daily analysis that I do of major currency pairs, the USD/JPY pair has captured my attention as we tried to break down below the ¥155 level, which is an area that has been important multiple times.
I don't think wave 2-grey is over yet, and there is still a leg to push lower with wave ((c))-navy. A push above 158.98 would require a reassessment of the entire situation, as the bull market trend may be unfolding.
Economic strategists speculate that a formidable 60% tariff from the U.S. could force the CNY to depreciate by 10%-12% against the dollar to counterbalance the tariff's sting.
Bitcoin (BTC) surged by approximately $7,000 within minutes, achieving a new all-time high. This milestone comes just hours before the inauguration of President-elect Donald Trump.
The spectre of U.S. debt ceiling debates sharpens investor focus, adding another layer of caution to Monday's international market activities while the U.S. markets are closed for the MLk holiday.
It was necessary to sustain the S&P 'Index' field; so money focused on that; and may find its way back to 'actual' value or speculative growth tickers in days ahead.
The Bitcoin Spot ETFs, one of the most exciting financial markets at the moment, closed out another week with net inflows resulting in three consecutive weeks of gains.
A fire at the Moss Landing Battery Plant in California highlights safety challenges in the state's push for renewable energy, affecting Vistra's stock performance.
Taiwan Semiconductor Manufacturing recently reported robust fourth-quarter 2024 results, wherein it beat estimates for both the top and the bottom lines. Here is a brief look at ETFs in the space that may be worth consideration following the report.
Sachem Capital has seen its shares annihilated as of late, having declined almost 80% from their 2022 high. This puts it at a 73% discount to book value, making it an enticing investment from a value standpoint. However, it has raised some red flags.
Artificial intelligence has moved beyond science fiction to become a transformative force. At CES 2025, Jensen Huang, CEO of NVIDIA, offered a compelling vision of AI’s future—one that combines bold technological advances with practical applications.
People are often surprised to learn that US power demand has remained the same for the past couple of decades – at around 4,000 Terrawatt Hours. The economy and population have kept growing, but energy efficiency has kept improving.
The Canadian dollar was a bit sluggish against most currencies, including the Japanese yen, over the past trading week. At this point, it seems likely that the CAD/JPY currency pair will move in step with many other yen-related pairs.
The holiday season is a make-or-break time for retailers, as consumer spending trends during this period can significantly impact performance. For Target Corporation, the festive season turned out to be a blissful one.
Despite global economic uncertainties, Vietnam's steady economic growth has bolstered European businesses' confidence in the country's economic prospects.
Industrial production increased +0.9% in December, while the street was expecting only a +0.3% gain. The index hit a 6 month high, although it remains well within the long term range, and still below the all time highs from September 2018.
Despite the lack of popularity for Boeing, the stock could be worth further consideration in 2025. After all, Boeing is set to benefit from two powerful secular trends: Emerging market growth and the replacement cycle in developed markets.
Stocks have continued to be under pressure, even with the occasional pop of upside movement. This downside momentum will likely continue over the near-term. Here is a brief look at various events and factors that may affect trading in 2025.
Behind the cryptocurrency market's sky-rocketing trajectory was a long-anticipated yet entirely unexpected event these days. On Friday evening, President-Elect Donald Trump launched his own cryptocurrency.
In 2025, two titans of technology stand at the forefront of innovation: quantum computing and robotics. Which of these marvels will shape our world more profoundly, and which will deliver the financial rewards investors seek?
Some things are just irresolvable. For example, religious conflict and abortion, along with whether tax cuts spur growth sufficient to hold fiscal deficits in check. The bond market won’t be weighing in on religion or women’s rights.
In a normal stock market, some companies do well; their stocks go up. Some don’t do so well; their stocks go down. Researchers try to figure out — in advance — which are which. Good research pays off.
Germany's economy is doing something we've never seen before. Not only did it contract for the second straight year, that's not even the most amazing part.
Gold’s price on Thursday came within just five points (at 2758) of eclipsing the weekly parabolic Short trend level of 2763 which would have flipped said trend to Long.
What will surprise Wall Street is that governments are rendered powerless to prevent the rise in yields when inflation and insolvency risks currently abound.
Friday’s price action seemed suspicious at best and full casino mode, especially during an options expiration that appeared intent on wiping out as many 6,000 puts and calls as possible.
With inflation and jobs behind us, it’s time to shift our focus 6,700 miles west to Tokyo. The Bank of Japan appears poised for another rate hike next week, with odds now at 77%. Monitor the VIX for early warning signals.
Investors are rejoicing after a second round of slightly cooler inflation figures. Stocks are surging, gold and silver are rallying, and interest rates and the dollar are dropping.
Google announced that is has signed the largest-ever biochar-based carbon removal agreements, with two new 1 deals to buy carbon removal credits from India-based Varaha and California-based Charm Industrial..
As it is now, in spite of an awful week for the bears, the steady series of lower lows and lower highs is still intact. It wouldn’t take too much to ruin that, however.
Equity bulls had a huge week, rallying the S&P 500 index 2.9 percent to 5997, but more work lies ahead as the large cap index closed on dual trendline resistance.
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