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Updated: 41 min 43 sec ago

Elliott Wave Technical Analysis - WTI Crude Oil Commodity

Tue, 11/19/2024 - 07:40
WTI is still under pressure after being resisted returning to the 80s in October.

Bear Of The Day: Olin

Tue, 11/19/2024 - 07:35
Olin Corporation is a vertically-integrated producer and distributor of chemical solutions. The company operates in several regions including Latin America, Europe, Asia-Pacific, and North America.

Desperately Seeking Yield - Tuesday, Nov. 19

Tue, 11/19/2024 - 07:31
Chasing yield can be profitable, up to a point, but it comes with its own set of risks.

Crude Oil On The Back Foot With US Markets Added To China For Concerns On Demand

Tue, 11/19/2024 - 07:30
Crude Oil dips lower due to concerns that the US Oil market might be glutted. Headlines risk picks up as well on the 1,000th day of escalations between Russia and Ukraine. The US Dollar Index recovers from Monday’s low amid safe-haven inflows.

EUR/USD Analysis: Recovers from Selling Pressure

Tue, 11/19/2024 - 07:22
As this week's trading began, the turmoil caused by Trump's trade policies has somewhat subsided, allowing the EUR/USD currency pair to rebound, reaching 1.0607 at the time of writing this analysis.

Walmart Reports Better Than Expected Fiscal Q3 Results, Ups Guidance

Tue, 11/19/2024 - 07:22
Walmart Inc.'s third-quarter performance for fiscal year 2025 exceeded market expectations, with robust revenue growth and improved profitability driven by eCommerce and strategic initiatives.

Bitcoin’s Market Is Still In An ‘Healthy Growth’ Phase, Says Analyst—Here’s Why

Tue, 11/19/2024 - 07:18
Last week, Bitcoin saw consistent upward momentum, leading to the asset breaching multiple resistances to achieve a peak of $93,477 finally.

Geopolitics Roil Capital Markets

Tue, 11/19/2024 - 07:10
Bonds are rallying. Equities are under pressure, and the dollar is mostly firmer.

USD/JPY Outlook: Ueda’s Hawkish Remarks Boost Yen

Tue, 11/19/2024 - 07:09
USD/JPY outlook weakens as the likelihood of a BoJ rate hike in December increased to 54%. The Fed’s policy outlook has changed significantly since Trump won. A BoJ rate hike might give the yen temporary support.

UK And Canada Inflation Reports Draw Attention, Goldman Sachs Sees SP500 To 6,500 In 2025

Tue, 11/19/2024 - 07:00
​​​​​​​The euro and the British pound lost ground against the US dollar early on Tuesday morning.

Default Rates On Household Loans Are Skyrocketing

Tue, 11/19/2024 - 06:51
The Federal Reserve reported a sharp rise in delinquencies, especially credit cards and auto loans.

USD/CAD Trades With Positive Bias Above 1.4000, Looks To Canadian CPI For Fresh Impetus

Tue, 11/19/2024 - 06:44
USD/CAD holds above 1.4000 and draws support from a combination of factors. Bearish Crude Oil prices undermine the Loonie and act as a tailwind for the pair. The emergence of fresh USD buying favors bulls ahead of the Canadian CPI print.

Elliott Wave Technical Analysis: The Walt Disney Co. - Tuesday, Nov. 19

Tue, 11/19/2024 - 06:30
Disney is progressing in wave {iii} of 1 as part of a larger impulsive structure.

Fall 2024 Snapshot Of Expected Future S&P 500 Earnings

Tue, 11/19/2024 - 06:20
Every three months, we take a snapshot of the expectations for future earnings in the S&P 500 at approximately the midpoint of the current quarter, shortly after most U.S. firms have announced their previous quarter's earnings.

Presidential Stock Market Euphoria

Tue, 11/19/2024 - 06:00
In the aftermath of Trump’s victory, S&P 500 Index stocks are trading around 25 times profits and offering a 1.25% dividend yield.

Gold Rebounds Amid USD Weakness And Geopolitical Uncertainties

Tue, 11/19/2024 - 05:45
Gold prices rebounded, crossing 2,620 USD per troy ounce on Tuesday, as the US dollar weakened, and investors sought clarity on the Federal Reserve’s monetary policy direction.

AUD/USD Forex Signal: Australian Dollar Bounces from Massive Support

Tue, 11/19/2024 - 05:30
I think a short-term buying opportunity could present itself, but if we were to break down below the 0.6440 level, then you would have to bail out on it, using that level as a stop loss. The target could be 0.6600, with an entry where we are now.

Daily Market Outlook - Tuesday, Nov. 19

Tue, 11/19/2024 - 05:30
As traders awaited President-elect Donald Trump's cabinet choices and evaluated the outlook for Federal Reserve easing, Asian equities increased on Tuesday.

Gold Trading Strategy Today - Tuesday, Nov. 19

Tue, 11/19/2024 - 05:15
Gold price prediction based on the technical analysis.

Bitcoin Holds Strong Above $90K: 4 Altcoins Expected to Surge

Tue, 11/19/2024 - 05:14
Most top cryptocurrencies by market cap are trading in the green, with BTC trading at around $92,000. Altcoins, including Solana (SOL), Stellar (XLM), and Ripple (XRP) have gained notably over the past day. 

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