Elliott Wave Technical Analysis: Australian Dollar/U.S. Dollar - Tuesday, Dec. 17
The market remains in an impulsive phase, with micro wave 3 progressing downward.
US Dollar Index Rebounds To Near 107.00 As US Retail Sales Data Loom
The US Dollar Index (DXY) posts modest gains to around 106.90 against major currencies during the early European session on Tuesday.
Oil Prices Struggle To Hold Gains Amid Faltering China Demand
Oil prices were lower on Tuesday as weak demand from China dampened sentiments.
Novo Nordisk Short
My March $115 puts on NVO are still in the green, although less so with Friday’s bounce. My faith in that well-formed H&S top is unshaken, however, so I am planning to hold on tight until the dashed green horizontal, my target.
Trump Proposes Killing The $7,500 EV Credit And Seeks Tariffs On Battery Materials
Donald Trump's transition team proposes cutting support for EVs and charging stations while tightening measures against cars, parts, and batteries from China.
Metal Markets Report For Monday, Dec 16
In this video, Ira Epstein reviews the day's trading in the gold and other relevant metal markets.
Current Report: Adecoagro
Adecoagro SA (AGRO) is a Luxembourg-based agricultural company. Share price increased 27.75% over the past year from $7.83 to $10.28, as of Monday’s market close.
Elliott Wave Technical Analysis: Bitcoin Crypto Price News For Tuesday, Dec 17
Wave (3) appears to have ended and the price is now entering a correction phase in wave (4). So wait for the correction to complete to rejoin the trend.
Financial Markets Report For Monday, Dec 16
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, December 16.
US Markets Sizzle, While Global Markets Fizzle
Wall Street is surging ahead as traders buckle up for a week crammed with pivotal interest rate decisions from major central banks globally. The show's star is undoubtedly the Fed, expected to trim rates by 25 basis points.
Nasdaq 100 & S&P 500 Elliott Wave Update - Monday, Dec 16
Nasdaq 100 went on another "moon shot" today with the market making substantial gains and most of the Mag 7 also saw strong gains.
MicroStrategy To QQQ, Bitcoin To The Moon?
The addition to the NASDAQ 100 (QQQ) puts this "Bitcoin Treasury" company in the driver's seat to exploit the crucial flaw of today's passive investment environment.
The Stocks Markets Window May Be Closing
The S&P 500 finished the day about 38 basis points higher. It had been up earlier, reaching a peak of around 55 basis points. The index climbed to approximately 6,085, filling the gap from the December 12th opening.
WTI Holds Steady Near $70.00 As Traders Brace For Fed Rate Decision
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $70.20 on Tuesday. The WTI price trades flat as traders await the Federal Reserve's (Fed) interest rate decision on Wednesday.
GBP/USD Pares Recent Losses As Cable Traders Brace For Central Bank Outings
GBP/USD snapped a three-day losing streak that dragged the pair down toward the 1.2600 handle last week, recovering a little over one-half of one percent on Monday and pushing back into touch range of 1.2700.
These Are The Only Stocks That Matter Right Now
Today, as the S&P 500 gained 0.43%, the VIX rose. But the SKEW index is in “nosebleed” territory, pegged at 169 as of Friday. This suggests the crash risk is extreme right now.
US-China Decoupling
As the cost of importing Chinese goods has increased, the incentive to produce goods domestically has also increased.
Stocks And Precious Metals Charts - Awful Faces From Beyond
Stocks rallied to new highs. The Dollar chopped sideways with a bit of a little loss. VIX rose, even with stocks rallying. Gold and silver did very little.
Credit Spreads: The Real Sentiment Indicator?
Credit spreads are the difference between the interest rate on corporate bonds compared to treasury bonds.
Is Selling Gold Right Now A Mistake?
Producer prices came in hotter than expected in November. This came on the heels of a CPI report showing price inflation is sticky.