Ethereum Should Find Buyers In 3, 7, Or 11 Swing
Short Term Elliott Wave View in Ethereum (ETHUSD) shows that it has ended wave (3) at 2401.18. Pullback in wave (4) is currently in progress as a double three Elliott Wave structure. Down from wave 93), wave (a) ended at 2324.3 and wave (b) ended at 2374.78. Wave (c) lower ended at 2142.28 which completed wave […]
No Major Surprises From Bank Of Japan
Image Source: Pixabay The BoJ decision has come and gone, and in the end, nothing to write home about. The central bank opted to keep its monetary policy settings unchanged, with little in the way of any color around a potential pivot.Video Length: 00:01:11More By This Author:Fed Officials Push Back Against Market Pricing Fed Repricing More […]
DDV Model Works; Forecasting T Bond Rates Is Problematic
Image Source: Pixabay Over the past three months, the price of the DJIA has moved in line with changes in the two main vectors of its Dividend Discount Value (DDV) which has been particularly volatile. There has been no problem with the DDV model but rather my inability to correctly forecast the rapid changes in the […]
Most Mergers Should Be Stopped, Not Waved Through
FreepikThe Biden Administration’s Lina Khan, head of the Federal Trade Commission, is one of the administration’s very few bright spots, intellectually speaking. She has overthrown the existing merger jurisdiction, set up by the late great Judge Robert Bork in the 1980s, to question why the FTC should let through mergers as a matter of course. […]
Euro/U.S. Dollar Day Chart Elliott Wave Technical Analysis, Tuesday, December 19
EURUSD Elliott Wave Analysis Trading Lounge Day Chart, Tuesday, December 19FreepikEuro/U.S. Dollar (EURUSD) Day ChartEURUSD Elliott Wave Technical AnalysisFunction: TrendMode: impulsive Structure: blue wave 5 of black wave 1Position: Red wave 3Direction Next lower Degrees: black wave 2 Details: blue wave 5 of 1 is in play. Wave Cancel invalid level: 1.04504.The “EURUSD Elliott Wave […]
Bank Of Japan Moves Closer To Normalization But Not There Yet
FreepikNo surprise from the Bank of JapanThe news that economic policy minister Yoshitaka Shindo would be in attendance at the Bank of Japan’s policy meeting had sparked market speculation about a shift in policy sooner than expected. It is rare for a minister to sit in a BoJ meeting and, in the past, when the […]
SPDR ETF Report For Monday, December 18
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day just ended, Monday, December 18.Video Length: 00:20:19More By This Author:Financial Markets Report For Monday, December 18Metals Report For Monday, December 18SPDR ETF Report For Friday, December 15
Market Briefing For Tuesday, December 19
FreepikA ‘Force to be reckoned with’ – is how a technician might describe the S&P and NDX behavior over recent weeks, given the tenacity of the upside thrust since our indicated October washout low. Much of it ‘now’ also relates to what has been an extraordinary bifurcation that repressed the majority of stocks for more than […]
EMXC: A Way To Get Global Market Exposure Without China-Related Drag
Traditional emerging market (EM) ETFs have a 25%-30% exposure to China, which underperformed in 2023. In 2024, investors may “unbundle” their EM exposure by using EM ex-China ETFs or active ETFs that dynamically calibrate their China exposure. One name to consider is the iShares MSCI Emerging Markets ex-China ETF (EMXC).Image Source: PixabayThe ETF industry in the US had […]
Financial Markets Report For Monday, December 18
Image Source: PexelsIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, December 18.Video Length: 00:17:25More By This Author:Metals Report For Monday, December 18SPDR ETF Report For Friday, December 15Financial Markets Report For Friday, December 15
