Category Archive: Finance
Metals Report For Thursday, April 25
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:10:27More By This Author:SPDR ETF Report For Thursday, April 25Financial Markets Report For Thursday, April 25Metals Report For Tuesday, April 23
EUR/JPY Extends Rally Above 167.50 Following BoJ Rate Decision
Image Source: Unsplash EUR/JPY gains ground near 167.20 amid the weaker JPY on Friday. The BoJ kept interest rates steady around zero on Friday. ECB’s Nagel said he would be in favor of a rate cut in June. The EUR/JPY cross drifts higher to 167.20, its highest level since 2008, during the Asian trading hours on Friday. The uptick of […]
Gold Price Flatlines As Traders Look To US PCE Price Index For Some Meaningful Impetus
Image Source: Unsplash Gold price lacks any firm intraday direction and is influenced by a combination of diverging forces. The weaker US GDP print and a rise in US inflation benefit the metal amid subdued USD demand. Hawkish Fed expectations cap the upside as traders await the release of the US PCE Price Index. Gold price […]
Elliott Wave Technical Analysis – ChainLink Crypto Price News
Image Source: PexelsElliott Wave Analysis TradingLounge Daily Chart ChainLink/ U.S. dollar(LINKUSD) LINKUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Zigzag Position: Wave C Direction Next higher Degrees: Wave (I) of Impulse Wave Cancel invalid Level: 8.498 Details: the corrective of Wave (II) is equal to 61.8% of Wave (I) at 8.702 Log scale […]
The Bizarre Credit Suisse Banking Saga…And The Importance Of Bank Safety
Image Source: UnsplashA quite bizarre piece of news has recently hit the investor community which is not really being addressed by the financial media. I assume the reason that it’s not being covered by the financial media is because it deals with a complex issue involving bank regulators. But we will try to outline the issue […]
These 3 Companies Could Positively Surprise Investors
Image Source: PexelsEarnings season is always an exciting time for investors, with companies finally revealing what’s transpired behind closed doors.As usual, the big banks shifted the cycle into a much higher gear, with many other companies scheduled to follow suit.Concerning looming surprises, Arista Networks (ANET – Free Report), Coinbase (COIN – Free Report), and KB Home (KBH – Free Report) could all […]
Elliott Wave Analysis Favors DAX To Extend Higher
Short Term Elliott Wave View on DAX suggests rally from 10.23.2023 low is unfolding as a 5 waves impulse. Up from 10.23.2023 low, wave (1) ended at 17003.28 and dips in wave (2) ended at 16345.02. The Index extended higher in wave (3) towards 18567.16 as the 1 hour chart below shows. Down from there, […]
Markets Fight Back, Stay Red; MSFT, GOOGL, SNAP Beat On Late Earnings
Image Source: UnsplashMarkets took another tumble today out of the gate. The major indices fought back and closed near session highs, but still well-off breakeven. The Dow finished down -375 points, -0.98%, which was the worst of the bunch. Elsewhere, the S&P 500 dropped -0.46%, the Nasdaq was off -0.64%, and the small-cap Russell 2000 -0.76%. […]
SPDR ETF Report For Thursday, April 25
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day that ended, Thursday, April 25.Video Length: 00:15:32More By This Author:Financial Markets Report For Thursday, April 25Metals Report For Tuesday, April 23Financial Markets Report For Tuesday, April 23
Scenario Analysis For Friday’s Trading Session
Image Source: PexelsThe S&P is currently in a range between 4950 and 5250. After blowout earnings from Google (GOOG/GOOGL) and excellent earnings from Microsoft (MSFT) Thursday afternoon, the market is going to gap up at Friday’s open. The question is: What happens after that? I see three scenarios.The first scenario is a “gap and go”. The market […]
