Stocks moved lower as Nvidia (NVDA​​​​​​​) faced rising implied volatility and a bearish technical setup. More importantly, the S&P 500 broke the rising wedge pattern we’ve been monitoring for some time.

Latest Elliott Wave Analysis on S&P 500, Nasdaq 100, Russell 2000, DAX 40, FTSE 100, and S&P/ASX 200.

Stocks continue to feel the pressure from the bond market sell-off as the hawkish repricing of the Fed curve forces investors to rethink their expectations for aggressive rate cuts.

The 30-year T bond yield closed at 4.52% and is starting to push the DDV downwards by 85 points for every basis point the T bond yield exceeds 4.5%.

This is, at last, the first interesting evening of earnings in this cycle, and Tesla (TSLA​​​​​​​) is knocking the doors off, with a lift-off of about 7% based on strong earnings. This would completely seal the gap from October 10th.

Today's trade was an excellent example of what happens in a market when the volatility triggers, put walls, and large gamma levels are broken.

EUR/USD shed another fifth of a percent on Wednesday as the Fiber crumples ahead of Thursday’s fresh round of Purchasing Managers Index (PMI) figures.

Stocks declined sharply today, although they managed to rebound from the lows in the last hour of trading.

Silver price retreats after posting a multi-year high at $34.86, yet erases more than Tuesday’s gains, and is down over 3.30 percent.

The U.S. government is a huge aggregated sector in the U.S. economy.

The selloff could be related to external factors.

If this is truly shaping up to be a time for commodities, especially ones undervalued, then let’s expand beyond gold and silver.

The Fed Beige book shows a mostly steady economy in 6 of 12 regional reports. “Steady” is in context of the the worst Beige Book in years.

​​​​​​​IBM came out with quarterly earnings of $2.30 per share.

The S&P 500 has been pretty boring lately, bouncing around in an extraordinarily tight range. But everything around stocks has been making huge moves.

While revenues rose 8%, if came in just shy of expectations, Tesla recognized $739 million, in regulatory credit revenues, the second highest quarter in history.

The U.S. dollar could lose up to 75% of its purchasing power over the next decade.

China's economy turning Japanese due to excessive unproductive debt.

It was a defeating session on Wall Street, with the S&P 500 and Dow marking three consecutive losses for the first time since early September and August, respectively.

Qualcomm relies heavily on ARM tech for smartphone chips as well as AI PCs chips.