Latest Posts
-
Finance 0
TASI Index Elliott Wave Technical Analysis – Wednesday, September 11
TASI Index Elliott Wave Analysis Trading Lounge Day Chart TASI Index Elliott Wave Technical AnalysisFunction: Counter Trend Mode: Corrective Structure: Gray Wave 2 Position: Orange Wave 3 Direction (Next Higher Degrees): Gray Wave 3 Details: Gray wave 1 completed, gray wave 2 is currently in play and nearing its end. Wave Cancel Invalid Level: 11320.635The TASI Index Elliott Wave analysis on the day chart highlights a counter trend movement within a corrective phase. The current wave structure being analyzed is gray wave 2, following the completion of gray wave 1. According to the analysis, gray wave 2 is in progress and... -
Finance 0
Horrible Small Business Earnings
Image Source: PexelsThis morning’s NFIB Small Business Optimism Index showed disappointing results. The index was expected to show small businesses had less optimism with the index forecasted to fall 0.1 points month over month down to 93.6. Instead, the decline was much more dramatic as it fell down to 91.2; erasing all of the summer gains. One factor likely at play that we have noted in the past is political sensitivities. Historically speaking, NFIB data has tended to hold a positive bias during Republican administrations and vice versa. Put differently, optimism rises when Republicans are in power or are expected to be voted in, ... -
Finance 0
Will The Crypto Market Crash Again? Here’s What The Data Says
DepositPhotos After a brief recovery on September 10, 2024, the overall crypto market once again appears for a massive decline. Following the release of the United States Consumer Price Index (CPI) and the opening bell of the US market, major cryptocurrencies including Bitcoin (BITCOMP), Ethereum (ETH-X), Solana (SOL-X), and others, have fallen significantly. Crypto Market Massive Recent Decline According to the coinmarketcap, in the past hours BTC, ETH, SOL, and DOGE have experienced price declines of 1.95%, 1.85%, 2.10%, and 2.35%, respectively. This price decline suggests that investors and crypto enthusiasts aren’t happy with the lat... -
Finance 0
Can CPI Be Too Low?
Higher S&P 500 high was made as per premium predictions, and the same goes for selloff at the open bringing sizable intraday gains to clients. Other premium clues revealed include XLF and KRE performance, and bond market with defensives alike. The main indices as such are sending one more hint discussed below.Let‘s collect them in this chart introductory part, richly annotated – starting from financials, moving on to VIX, and finally rates with plenty of macro and fundamental commentary as to where we‘re going, in the following segment. How strong has the S&P 500 rally been till now, and what‘s the fate of the hypothetical ri... -
Finance 0
Stocks: Uncertainty Following The Rebound
Inflation data is not likely to move stock prices much. What’s next?This morning, the markets received the important Consumer Price Index (CPI) release, which came in slightly higher than expected at +0.3% month-over-month. As a result, sentiment worsened slightly ahead of the S&P 500 index open. Futures contracts are trading 0.3% lower; prior to the release, they were down 0.2%. Stock prices are set to fluctuate following Monday and Tuesday’s rebound, which seems like a correction of the recent declines. Uncertainty remains regarding the Yen carry trade, the upcoming FOMC Rate Decision, and the Bank of Japan’s (BOJ) announceme... -
Finance 0
August CPI: Further Important Progress Towards 2% YoY Level, Marred (Only) By A Surprise Uptick In Shelter
August CPI, with the conspicuous exception of shelter, continued to come in tame. And the list of other “problem children” decreased by 1, as only food away from home (restaurants) and transportation services (motor vehicle insurance and repairs) remain.Let’s get the headlines out of the way: – Headline CPI continued increased 0.2% for the month, and decelerated to 2.6% YoY, its best showing since February of 2021. – energy inflation remains non-existent- there was no inflation at all excluding shelter, as prices were unchanged, and are up 1.1% YoY, the 16th month in a row the YoY change has been below 2.5%. – sh... -
Finance 0
Coffee Commodity Elliott Wave Technical Analysis – Wednesday, September 11
Coffee prices are beginning to turn lower after completing a key technical chart pattern. The commodity has been on a strong upward trajectory since October 2023, but a corrective decline now seems likely before the next leg of the rally resumes, continuing the bullish sequence from late 2023. This analysis explores the potential for a pullback and identifies key levels where the next move higher could emerge. Long-Term Chart AnalysisCoffee prices have historically traded within a wide range, with support levels between $40 and $55, and resistance levels ranging from $276 to $337. The current bullish cycle for coffee started back in May 2... -
Finance 0
Gold Analysis: Stable Ahead Of US Inflation Report
As of Wednesday’s opening, the gold price has stabilized at $2,527 per ounce, as markets await the US inflation report later today for clarity on the potential extent of US interest rate cuts by the Federal Reserve. Last week’s US jobs report offered limited insights following a mixed report, as the US economy added fewer jobs than expected, while the unemployment rate declined. The annual US inflation rate is expected to slow for the fifth straight month to 2.6% in August, down from 2.9% in July. Meanwhile, the monthly inflation rate is expected to remain unchanged at 0.2%. Financial markets now see a 67% chance of a 25-basis poi... -
Finance 0
USD/CAD Price Analysis: Dollar Weakens Post-Debate
The USD/CAD price analysis shows a mild retracement amid a bullish trend as the dollar falls after the US presidential debate. Meanwhile, investors remained cautious ahead of US inflation data, which could give clues on the outlook for Fed rate cuts. The presidential debate on Tuesday weighed on the dollar as Kamala Harris came out stronger. The dollar prefers a Trump win as tariffs and government spending would increase, boosting interest rates. However, after the debate, bets for a Trump win fell.Meanwhile, investors remained cautious ahead of the US CPI report. Analysts expect cooler price pressure at 2.6% on an annual basis. Meanwhile, o... -
Finance 0
EUR/USD Faces Key Test With Upcoming US CPI And ECB Rate Decision
The US dollar weakened a little ahead of US CPI release, as polls pointed to Harris having done better than Trump in the first presidential debate overnight. The EUR/USD managed to rebound a touch after starting the week on the backfoot, following the drop on Friday when a weaker US jobs report was not enough to send the US dollar further lower. The EUR/USD’s downside could be limited from here on ahead of US CPI inflation data later on today and a rate decision by the European Central Bank on Thursday, despite its recent struggles and not-so-great Eurozone data. Why has the EUR/USD struggled in recent days?A quiet start to this week’s...
- « Previous Page
- 1
- …
- 60
- 61
- 62
- 63
- 64
- …
- 5171
- Next Page »
Top Posts
-
The Importance for Individuals to Use Sustainable Chemicals
-
Small Businesses: Finding the Right Candidate for the Job
-
How to Write the Perfect Thank You Letter After Your Job Interview
-
3 Best Large-Cap Blend Mutual Funds For Enticing Returns
-
China suspected in massive breach of federal personnel data
