Current Report: Invesco Mortgage Capital
Invesco Mortgage Capital Inc. is a REIT that invests, finances, and manages residential and commercial mortgage-backed securities and mortgage loans. IVR’s share price increased 2.2% in the past year from $8.21 to $8.39 as of Monday’s market close.
Elliott Wave Technical Analysis: Bitcoin Crypto Price News For Tuesday, Dec 3
Bitcoin remains in an uptrend with an impulsive rally. We are currently in the fifth wave, which is incomplete, so the price is likely to continue rising. Watch for a rebound within the uptrend.
SPDR ETF Report For Monday, Dec 2
In this video, Ira Epstein reviews the day's trading in various SPDR-ETF markets for the trading day that ended, Monday, December 2.
This Perfect Pullback Could Be A Huge Payday On Tuesday
Markets made a big move higher after Thanksgiving, and everyone’s waiting for a pullback. Pullbacks aren’t as easy as they sound… but this “perfect” pullback technique makes it easy to time the perfect entry tomorrow morning!
WTI Lacks Firm Intraday Direction, Oscillates In A Range Below $68.00
West Texas Intermediate (WTI) US Crude Oil prices struggle to gain any meaningful traction on Tuesday and oscillate in a range below the $68.00/barrel mark during the Asian session.
Australian Dollar Drifts Lower As Trump Tariff Concerns Linger
The Australian Dollar (AUD) extends its downside to near 0.6470 during the early Asian session on Tuesday.
Eli Lilly Gap
I took on a bearish position on Eli Lilly (LLY) today. I think the days of Big Pharma just printing up profits out of thin air are over.
Tap Into Crypto Exposure With These 2 Stocks: HOOD, COIN
It’s no secret that crypto is a volatile asset class, spooking many with a more conservative approach. Still, market participants can still obtain exposure through several stocks, a list that includes Robinhood Markets and Coinbase.
Asia Morning Bites For Tuesday, Dec 3
Korean inflation rebounds but remains low enough to keep rate-cut thoughts alive for early 2025.
The Yen Is Screaming Risk-Off And The Stock Market Isn’t Pay Attention
Markets were up on the broader index but mixed overall, with 319 names lower in the S&P 500 and 180 higher.
Economic Metrics Solid, Zscaler Sells Off After Q1 Report
Both the S&P 500 and the Nasdaq indexes have closed Monday’s trading session at new market highs.
Ruble Devaluation Giveth And Devaluation Taketh Away
Since October 1st, the ruble has depreciated 9% against the yuan. Taking literally estimates of exchange rate pass-through at 3 month’s horizon from Ponoramu et al., this means about a 5% increase in wholesale prices of imported goods from China.
One Gap Deserves Another
Weeks ago, when Super Micro (SMCI) was in a free-fall, I did a bullish post about it, noting that it was approaching a major price gap. Now it’s time for just the opposite idea but still based on a gap.
Financial Markets Report For Monday, Dec 2
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, December 2.
EUR/USD Backslides Into 1.05 As Euro Bids Remain Elusive
EUR/USD kicked off another trading week with a decline back into familiar near-term lows, flubbing a fresh run at the 1.0600 handle and backsliding into 1.0500, shedding nearly eight-tenths of a percent on Monday.
Nasdaq 100 & S&P 500 Elliott Wave Update - Monday, Dec 2
I continue to look for additional ATHs before the larger Intermediate 3rd waves are complete.
USD/CAD Flat Lines Near 1.4050 Amid Firmer US Dollar, Upbeat US Data
The USD/CAD pair trades flat near 1.4045 during the early Asian session on Tuesday.
Stocks And Precious Metals Charts - Yammering Madness In The Garden Of Beasts
The Dollar rallied on the euro's weakness. VIX has now declined enough that I think it is flashing a strongly cautionary signal.
Gold Drops On Strong US Dollar Boosted By ISM Improvement
Gold prices slump as the last month of the year begins. The XAU/USD trades at $2,635, down 0.58%.
European Banks Are Not Lending Anymore (Here's What That Means For The Global Economy)
European banks have added a massive amount of government bonds to their holdings. At the same time, they refuse to lend into the real economy.