After breaking through the $2,074 resistance that held it back for four years, the price of gold seems to have been rising uninterruptedly since March.

The combination of P/E multiples and earnings determines stock prices – its basic math.

The odds continue to look favorable that the U.S. will dodge an NBER-defined recession through the end of the third quarter.

Final 23/24 U.S. corn ending stocks are pegged at 1,805 Mil Mil Bu, vs. 1,360 Mil in 2022/23 and vs. USDA’s forecast in mid-Sep of 1m812 Mil.

The company operates through Premium and Ad-Supported segments, offering extensive audio streaming services with significant revenue and earnings growth projections.

Earnings growth unlikely to support stock valuations.

Intel recently unveiled new AI-oriented products; stock shows modest gains despite significant underperformance compared to the broader market.

Stocks are mixed Wednesday. The Dow Jones Industrial Average's win streak is at risk, with the blue-chip index on track for its first loss in five sessions, brushing off its earlier record high.

Minor Wave 3 Grey has been extended and is within its last leg higher; Minute Wave ((v)) towards 3200-3300 range at least. Risk has been tightened to 2640 now as a break lower would suggest Wave 3 top is in place.

Bullish GBTC Can Push Crypto Market Higher, as it can be technically forming a monthly cup and handle pattern, while trading in a five-wave bullish cycle by Elliott wave theory.

Without any sharp improvement in eurozone data, international supportive factors should play diminishing role to keep the EUR/USD elevated moving forward.

Oil is pulling back as a warning from the Organization for Economic Co-operation and Development (OECD) global governments had better cut spending and raise taxes to regain what they call “Fiscal Firepower” to fight the next economic shock.

Overpowering big China stimulus news, S&P 500 flushed on weak US data, only to swiftly recover – producing both swing and intraday client profits. With the upswing into the close called as well.

EUR/GBP is rising for the second day in a row after comments from BoE’s Bailey. The BoE Governor’s comments suggested interest rates would continue falling gradually as inflation eased.

Okta, a $13 billion provider of identity security solutions, is back to the upper realms of the Zacks Rank after EPS estimates turned back north this month.

The continued decline in consumer confidence to its lowest level in over three years has led to increased speculation about more aggressive rate cuts from the Federal Reserve, which is keeping the dollar under pressure.

Copper has been advancing steadily since its August 7th low, with gains exceeding 14%. The commodity is poised for further upside, potentially reaching the 4.7 resistance level before a notable pullback occurs.

Find out how the shrinking volatility and the FOMC bar could shake the S&P 500.

The most obvious thing that I see here is that gold continues to power higher, and I do think that it is probably only a matter of time before we see this market really take off to the upside.

In this update, we review the recent price action in the Dollar Index & the EURSD and identify the next high probability trading opportunities and price objectives to target