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Updated: 1 hour 14 min ago

WTI Stabilizes Around $67.50 Following A Surprise Drop In US Stockpiles

Wed, 10/30/2024 - 00:00
West Texas Intermediate (WTI) Oil price steadies around $67.40 during Wednesday’s Asian session, following two days of declines.

Top Stocks To Buy For Artificial Intelligence Exposure

Tue, 10/29/2024 - 23:40
Let’s take a closer look at the Artificial Intelligence theme and analyze a few stocks such as Broadcom and Palantir.

Reddit Soars

Tue, 10/29/2024 - 23:20
On the heels of my Reddit Gets Legs post from three days ago, after-hours trading shows RDDT​​​​​​​ exploding to lifetime highs.

Apple Intelligence And Iron Man

Tue, 10/29/2024 - 22:50
Apple Intelligence is here. It was publicly introduced yesterday as part of iOS 18.1, iPadOS 18.1, and macOS Sequoia 15.1. I also understand that as AI replication gets better, it will be a huge source of licensing income for all involved.

GBP/USD Softens To Near 1.3000 Ahead Of UK Autumn Budget

Tue, 10/29/2024 - 22:20
The GBP/USD pair weakens around 1.3010 despite the consolidation of the US Dollar (USD) during the early Asian session on Wednesday.

Alphabet, Visa, Reddit Up On Strong Earnings Numbers

Tue, 10/29/2024 - 22:00
Market indexes started off slowly this morning, but managed to climb into positive territory before noon. Q3 earnings season really heats up today. We’ll spot-check a few key companies reporting after the closing bell:

Demystifying Derivatives

Tue, 10/29/2024 - 21:40
Derivatives are complex financial instruments with associated risks, costs, and potential payoffs. Because of this, we believe it’s critical to work with an investment solutions provider that has extensive experiencing using them responsibly.

Are Democrats Or Republicans Or Libertarians Better Investors?

Tue, 10/29/2024 - 21:20
The next couple of weeks should be interesting, not just for politics and the election, but for the political ETFs. So now, not only do you have many choices of presidential candidates, but you also have many political ETF choices.

This Bear Trap Could Be Easy Money

Tue, 10/29/2024 - 21:00
Emini made a V-Bottom, and Nasdaq made a BIG move higher today. Those (2) clues tell me this Bear Trap is likely where the easy money will be made tomorrow!

Nasdaq 100 & S&P 500 Elliott Wave Update - Tuesday, Oct 29

Tue, 10/29/2024 - 20:40
Tuesday's trade started out on the foggy side but clarity on movement became clear once the fog lifted. I have adjusted the labeling and also the where the NQ & ES are within the Minor 5th waves.

EUR/USD Trades With Mild Gains Above 1.0800, Eyes On US/Eurozone GDP, German Inflation Data

Tue, 10/29/2024 - 20:20
The EUR/USD pair recovers to around 1.0820 during the early Asian session on Wednesday.

Gold Soars On Geopolitical Concerns, US Presidential Election

Tue, 10/29/2024 - 20:00
Gold hit a new all-time high (ATH) of $2,774 late in the North American session amid a risk-on mood and a retracement in US Treasury yields.

US Dollar Steady Ahead Of Key Data, Mixed JOLTS

Tue, 10/29/2024 - 19:40
The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, extends gains on Tuesday, hitting a three-month high at 104.55.

Starbucks Warns Corporate Staff: Show Up In Office Or Get Fired

Tue, 10/29/2024 - 19:20
The golden era of remote work seems to be ending. Starbucks (SBUX​​​​​​​) is the latest mega-corporation to enforce a return-to-office mandate for white-collar workers.

Why Israel’s Iran Strike And A Trump Win Are Bearish For Oil

Tue, 10/29/2024 - 19:15
A discussion about the geopolitical and market implications of last Saturday’s events.

Is A Democratic Or Republican President Better For Stocks?

Tue, 10/29/2024 - 19:00
Stay invested even if next week’s outcome is the opposite of what you’re hoping for. You may be surprised by how well your investments perform during the next president’s term – whoever it may be.

Amid Election Day Tremors Rocking Treasuries, Investors Finally Caught A Break

Tue, 10/29/2024 - 18:48
Traders are flipping the page from Gaza to OPEC+.

Bonds Are Now "Un-investable"

Tue, 10/29/2024 - 18:36
We find ourselves in a time of transition, one that may increasingly be later described as upheaval.

Global Credit Collapse Is Deflationary

Tue, 10/29/2024 - 18:24
A  credit collapse and the subsequent implosion of asset prices is a destruction of money. The destruction of money is deflationary.

Stocks And Precious Metals Charts - Elections Next Week

Tue, 10/29/2024 - 18:04
Stocks managed to rally and went out near the highs.

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