Silver has broken out to a new daily 11-year high. The next strong target and resistance is $34-$35.

The correction in Wave II appears to be complete at the 0.032 level, and the price is resuming the upward trend. Therefore, to look for an opportunity to join the uptrend, you may need to wait for confirmation after the price rises above 0.0386.

What we saw in the Q1 earnings season is a resilient and steadily improving profitability picture, both in terms of the growth rate as well as the evolving revisions trend.

In this video, Ira Epstein reviews the day's trading in various SPDR-ETF markets for the trading day that ended, Wednesday, May 15.

Most major stock market indices are at all-time highs as of Wednesday’s close. Today’s CPI report for April set the stock market alight from the moment of its release prior to the opening bell.

The only way to restore the economy to good health is to go cold turkey on debt, deficit spending, and money printing.

We had a big move higher today and a retest of all-time highs…Put those 2 clues together and this PERFECT PULLBACK could be our easiest money all week!

Australia reports labour market data while the Bangko Sentral ng Pilipinas meets to decide on policy.

Today, I will bring this count into the QQQ, SPY, DAX, FTSE, and ASX200. We'll examine both the bigger picture and the intraday wave counts.

MediPal Holdings Corp (MAHLY) distributes pharmaceuticals, and health and beauty products to medical institutions and retailers. Over the past year, MediPal share price fell about 9.4% from $15.56 to $15.22 as of Wednesday’s market close.

In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, May 15.

The GBP/USD pair extends its upside near 1.2688 on Thursday during the early Asian session. The uptick of the major pair is supported by the weaker Greenback after the release of softer US CPI inflation data. 

VIX expiration today, once completed it was back to business which was to sell the VIX and buy the underlying volatility. NQ and ES went parabolic at times both reaching existing highs and new highs.

The Australian Dollar surged more than 1% against the US Dollar on Wednesday after data showed that consumer inflation moderated in April, with the underlying Consumer Price Index (CPI) edging lower for the first time in six months.

EUR/USD climbed on Wednesday in one of the pair’s single-best days of 2024, climbing towards 1.0900 and on pace to etch in a fourth consecutive gain week.

In the Wednesday session, the NZD/USD pair rides a strong bullish wave, with a recent increase of 1.28%. The uptick made the pair jump above its 100 and 200-day Simple Moving Averages, indicating that the outlook turned positive for the pair.

Energy Transfer (ET) is a popular MLP that operates more than 125,000 miles of pipelines and offers a big 8% yield. But can it continue to pay such a large distribution?

Stocks finished higher on the day, no surprise, given that implied volatility levels fell sharply from yesterday’s closing once the CPI report was released.

Bit by bit, the bearish thesis I had outlined in April is no more. Today delivered strong breakouts for the Nasdaq and S&P, although the Russell 2000 (IWM​​​​​​​) still has some work to do.

Wednesday’s CPI report was a big relief for the Fed after 4 consecutive upside surprises.