Elliott Wave Technical Analysis: Binance Crypto Price News For Tuesday, April 23
Image Source: PexelsElliott Wave Analysis TradingLounge Daily Chart, Binance/ U.S. dollar(BNBUSD)BNBUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: TrianglePosition: Wave ((D))Direction Next higher Degrees: wave 4Wave Cancel invalid level: 508Details: Correction in Triangle pattern before rising again in Wave 5.Binance/ U.S. dollar(BNBUSD)Trading Strategy:The short-term correction in Wave 4 with the Triangle pattern continues because there is still another […]

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The Canadian Cannabis Report – Monday, April 22
Image Source: PixabayFor the trading week ended April 19, 2024, my proprietary Canadian Cannabis Company Index (MCCCI) decreased 4.0% compared to the prior week when it decreased 16.8%. The index consists of 14 stocks, many of which are among the most widely held holdings of the 3 ETFs (MJ, CNBS, and THCX) that I consider to […]

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USD/CAD Trades On A Softer Note Below 1.3700 Ahead Of US PMI Data
Photo by Michelle Spollen on Unsplash USD/CAD trades in negative territory for the fifth consecutive day around 1.3695 on Tuesday.  The high-for-longer US rate narrative might boost the USD and cap the pair’s downside.  Canadian Industrial Produce Prices dropped by 0.8% MoM in March compared to a rise of 1.1% prior, in line with the consensus.  The USD/CAD pair extends its downside near 1.3695 […]

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This Bull Trap Could Earn Monster Profits On Tuesday
Image Source: PixabayWeekend’s over… let’s make some money!Markets bounced higher today, and I see (3) reasons why this Bull Trap might be our EASIEST winner all week!Markets are bearish overall, so this big move higher today might be the perfect opportunity to get short…But we can’t rush the entry – stay patient, and keep these (2) […]

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Financial Markets Report For Monday, April 22
Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, April 22.Video Length: 00:16:48More By This Author:SPDR ETF Report For Friday, April 19Financial Markets Report For Friday, April 19SPDR ETF Report For Thursday, April 18

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Elliott Wave Technical Analysis: Binance Crypto Price News For Tuesday, April 23

Elliott Wave Technical Analysis: Binance Crypto Price News For Tuesday, April 23

Image Source: PexelsElliott Wave Analysis TradingLounge Daily Chart, Binance/ U.S. dollar(BNBUSD)BNBUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: TrianglePosition: Wave ((D))Direction Next higher Degrees: wave 4Wave Cancel invalid level: 508Details: Correction in Triangle pattern before rising again in Wave 5.Binance/ U.S. dollar(BNBUSD)Trading Strategy:The short-term correction in Wave 4 with the Triangle pattern continues because there is still another […]
The Canadian Cannabis Report – Monday, April 22

The Canadian Cannabis Report – Monday, April 22

Image Source: PixabayFor the trading week ended April 19, 2024, my proprietary Canadian Cannabis Company Index (MCCCI) decreased 4.0% compared to the prior week when it decreased 16.8%. The index consists of 14 stocks, many of which are among the most widely held holdings of the 3 ETFs (MJ, CNBS, and THCX) that I consider to […]
USD/CAD Trades On A Softer Note Below 1.3700 Ahead Of US PMI Data

USD/CAD Trades On A Softer Note Below 1.3700 Ahead Of US PMI Data

Photo by Michelle Spollen on Unsplash USD/CAD trades in negative territory for the fifth consecutive day around 1.3695 on Tuesday.  The high-for-longer US rate narrative might boost the USD and cap the pair’s downside.  Canadian Industrial Produce Prices dropped by 0.8% MoM in March compared to a rise of 1.1% prior, in line with the consensus.  The USD/CAD pair extends its downside near 1.3695 […]
This Bull Trap Could Earn Monster Profits On Tuesday

This Bull Trap Could Earn Monster Profits On Tuesday

Image Source: PixabayWeekend’s over… let’s make some money!Markets bounced higher today, and I see (3) reasons why this Bull Trap might be our EASIEST winner all week!Markets are bearish overall, so this big move higher today might be the perfect opportunity to get short…But we can’t rush the entry – stay patient, and keep these (2) […]
Financial Markets Report For Monday, April 22

Financial Markets Report For Monday, April 22

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, April 22.Video Length: 00:16:48More By This Author:SPDR ETF Report For Friday, April 19Financial Markets Report For Friday, April 19SPDR ETF Report For Thursday, April 18
New Opportunities Are Emerging In Commodities

New Opportunities Are Emerging In Commodities

In our research, as we start a new week, there is a good chance that: Wheat futures have bottomed. Natural gas futures bottomed. Sugar futures bottomed. And while gold and silver futures are correcting, we are still bullish in the longer term.We do not expect the precious metals to peak until 2025-2026.On another note, Bitcoin, […]
Top Analyst Reports For Novartis, American Express & ConocoPhillips

Top Analyst Reports For Novartis, American Express & ConocoPhillips

Image Source: PixabayThe Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including Novartis AG (NVS), American Express Company (AXP), and ConocoPhillips (COP). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see […]
5 Niche ETFs That Outperformed Last Week

5 Niche ETFs That Outperformed Last Week

Image Source: Pixabay Wall Street had a tumultuous last week as growing inflation fears and rising geopolitical tensions continued to weigh on investors’ sentiment. The S&P 500 dropped 3%, marking the third consecutive weekly loss and the longest losing streak since September. The Nasdaq Composite Index tumbled 5.5%, representing the fourth straight week of losses and […]
Russell 2000 Lead Indices Rally

Russell 2000 Lead Indices Rally

The Russell 2000 (IWM) has been guiding towards this, but the positive reaction in the Nasdaq and S&P following Friday’s gains in the Small Caps index is not enough to suggest a swing low is in place for these indices. For starters, buying volume was light and momentum remained firmly oversold.The S&P did offer an […]
Here’s What Wall St. Experts Are Saying About These Automakers Ahead Of Earnings

Here’s What Wall St. Experts Are Saying About These Automakers Ahead Of Earnings

Image Source: Pixabay General Motors (GM) is scheduled to report quarterly results before market open on Tuesday, April 23, with a conference call scheduled for 8:30 am EST, while Ford (F) is scheduled to report after market close on Wednesday, April 24, with a conference call scheduled for 5:00 pm EST. What to watch for:GM SALES: In April, General Motors announced […]