In this technical blog, we’re going to take a quick look at the Elliott Wave charts of XME ETF. XME is showing impulsive bullish sequences and we have been favoring the long side of the ETF.

Gold price rallied close to 1% on Monday, late in the North American session, bolstered by an improvement in risk appetite due to increased bets that the US Federal Reserve (Fed) might begin to ease policy sooner than foreseen.

On Friday, Peter participated in an exhilarating debate over the merits of gold and Bitcoin. Professor of economics Nouriel Rabini joined Peter to debate Erik Voorhees and Anthony Scaramucci, two proponents of Bitcoin. 

The first-quarter earnings picture for the transportation sector has been unimpressive. This is especially true as earnings of 97% of the market capitalization of the sector are down 5.4% on 1.6% revenue growth.

Today's Research Daily features new research reports on 16 major stocks, including Apple Inc. (AAPL), Linde plc (LIN) and Comcast Corporation (CMCSA​​​​​​​).

Reviewing the SLOOS survey from March 25 to April 8, we see an uptick in US banks tightening standards on C&I loans for mid-sized and large businesses, rising to 15.6% from 14.5% in Q4.

Everyone's favorite allocation reference point, Berkshire Hathaway reshuffles its major exposure.

The weekly chart offers a broader perspective for traders and investors. Examining the QQQ's weekly chart reveals valuable volume price analysis signals to guide future price action.

The Establishment Report was decent, but as I say in the title of this post, for the second time in three months, the Household Report was what I would expect to see in a recession.

Two commodities have emerged as pivotal players as geopolitical tensions have escalated, influencing global financial markets: gold and copper.

Now, is it true that CPI is a “better” measure of consumer goods and services costs? Yes, probably for the costs that consumers face, as opposed to the cost of goods and services households consume.

Starbucks is a roaster and retailer of specialty coffee globally. Besides its fresh, rich-brewed coffees, the company's offerings include many complimentary food items and a selection of premium teas and other beverages.

Grain futures started out lower with soybean products reversing last week’s trend. The big Monday decliner was KC Wheat due to better than expected rain that fell across Western Kansas late Friday and early Saturday which diminished the drought.

Dogecoin skyrocketed 13% earlier today but has since lost its gains as the market cools down, but the meme coin is still up by 11% in the past week.

While some in the marketplace are concerned about weak demand, a move by Saudi Arabia to raise their price for oil seems to suggest that they’re not that concerned.

Confidence in institutions such as the Federal Reserve may be falling, but it hasn’t fallen nearly as far or as fast as it should. Trillions of dollars, yen, euros, and yuan are invested according to central bank policy and propaganda.

On Friday, the Dow Jones (US30) was up 1.18% (for the week +1.03%), while the S&P 500 (US500) was up 1.26% (for the week +0.27%).

USD/CAD drops to 1.3650 on multiple headwinds. Firm speculation for Fed rate cuts in September has uplifted the market mood.

In another stagflation warning sign, the U.S. service sector contracted in April even as service prices rose.

Stocks were advancing on Friday, fueled by the Thursday’s earnings release from AAPL and the monthly jobs data that was released before the session opened.