Category Archive: Finance
Elliott Wave Technical Analysis Day Chart: New Zealand Dollar/U.S. Dollar – Thursday, Dec. 7
Image Source: Pixabay NZDUSD Elliott Wave Analysis Trading Lounge Day Chart, 7 December 2023New Zealand Dollar/U.S. Dollar (NZDUSD) Day ChartNZDUSD Elliott Wave Technical AnalysisFunction: TrendMode: corrective as red wave 4Structure: red wave 4 of 3Position: Black wave 1Direction Next Higher Degrees: red wave 5 of 3Details; red wave 4 of blue wave 3 is in play, […]
If We See Stock Market Mean Reversion, Heads Will Spin
Image Source: PexelsWhen you do this for a while, there are years that really stick in your head when it comes to the notable and quotable dates of stock market lore. The years 1999 and 2000 are among them, for reasons of the end of the dot-com bubble. Keep those two specific years in mind as […]
Global Airlines Set For Record Revenue Boosted By China’s Reopening Tailwind
Image Source: UnsplashThe International Air Transport Association released new profitability forecasts for global airlines, indicating that despite high interest rates slowing down developed and emerging market economies, carriers are projected to achieve record revenues this year and in 2024. The net profits of the airline industry are forecasted to hit $25.7 billion in 2024, equating to a net profit […]
AUD/USD Forex Signal: Bearish Pattern Points To More Downside Ahead Of NFP
Image Source: UnsplashBearish view Sell the AUD/USD pair and set a take-profit at 0.6510. Add a stop-loss at 0.6650. Timeline: 1-2 days. Bullish view Buy the AUD/USD pair and add a take-profit at 0.6650. Add a stop-loss at 0.6510. The Australian dollar continued its recent sell-off as traders continued to reflect on this week’s RBA decision and GDP numbers. The […]
Rates Spark: Science Fiction?
The 10Y UST yield is closing in on the 4% mark as if a weak jobs report tomorrow was a given. But underlying is also a further slide of inflation expectations. The front end is lagging, however, and being already priced aggressively for cuts, it will probably need these to become more imminent to rally further. Image […]
Elliott Wave Technical Analysis: BNBUSD – December 7
Image Source: PexelsElliott Wave Analysis TradingLounge Daily Chart, 7 December 23,Binance/ U.S. dollar(BNBUSD)BNBUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: FlatPosition: Wave CDirection Next higher Degrees: wave (2) of ImpulseWave Cancel invalid level:Details: wave (2) may end at 224.0 and the price increase again in wave (3)Binance/ U.S. dollar(BNBUSD)Trading Strategy : Binance’s recovery has been good, […]
SPDR ETF Report For Wednesday, December 6
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day just ended, Wednesday, December 6.Video Length: 00:15:36More By This Author:Financial Markets Report For Wednesday, December 6Metals Report For Wednesday, December 6SPDR ETF Report For Tuesday, December 5
Highly Ranked Stocks Poised To Move Higher In December
Image Source: PixabayQuite a few top-rated Zacks stocks are near or at their 52-week highs and may be able to lead what is hopefully an end-of-the-year rally among the broader market.Belonging to the Zacks Rank #1 (Strong Buy) list here are three of these highly ranked stocks to consider as we get closer to rounding out […]
New Mexico Sues Meta, Mark Zuckerberg Over Child Exploitation Following Investigation
Image Source: UnsplashThe state of New Mexico has sued social media giant Meta (META) and its CEO Mark Zuckerberg for “knowingly” exposing children to ‘sexual exploitation and mental health harm.’In a Tuesday court filing, New Mexico’s Attorney General’s (NMAG) Office revealed that it had conducted an undercover investigation, creating fake accounts of minors which were then used to fish for […]
Bearish Signals: Wrapping Up The Day With Chart Analysis
Image Source: PexelsJust a few good-looking bearish charts to wrap up the day.ENPHFCXHALHBANMore By This Author:Bullish Signs For Precious Metals Miners, But Crypto Correlation LoomsApproaching Rough Waters: A Cautionary Look At Royal CaribbeanDiamond Lifetime High
