Markets Savor A Big Rate Cut, But The Main Course Awaits With Jay Powell
This is the crux of the situation: will the Fed steer rates toward 3% or lower over the next year, or will they remain bound by a data-dependent approach, recalibrating with every new set of numbers?
Stocks And Precious Metals Charts - Sliding Contentedly Into The Abyss
Stocks had the wobbles today but managed to hang on to their perches. Gold and silver also marked time in place. However, the Dollar fell.
Four Day Rallies Reach Peak; Market Reversals Next?
After blasting through 20-day and 50-day moving averages with little fanfare, the S&P, Nasdaq, and Russell 2000 all finished with topping doji, opening up the possibility for gaps down tomorrow and bearish "evening star" candlestick formations.
USD/CAD Holds Steady Above 1.3550 Ahead Of Canadian CPI, US Retail Sales Data
The USD/CAD pair trades on a flat note near 1.3585 during the early Asian session on Tuesday.
Nasdaq 100 & S&P 500 Elliott Wave Update - Monday, Sept 16
There is nothing new to add to the current analysis. Leaving me to update the charts on the rolls out to the December contract. The 3 potential scenarios laid out over the weekend remain valid and active.
Gold Price Rises As Fed 50 Bps Rate Cut Expectation Intensify
Gold price posted gains of over 0.18% during the North American session on Monday, bolstered by a weaker US Dollar as traders eye Wednesday’s US Federal Reserve (Fed) monetary policy decision.
Four Stocks To Watch This Week - Monday, Sept 16
Overall bias is bullish, but patchy and flaky are words that may also accompany the direction.
The Fed “Train” Is Leaving The Station: Destination Unknown
The markets are pricing in the first rate cut in more than four years. As of this writing, it looks like we can expect a 50-basis-point cut on Wednesday, with a 50% probability of a 1.25% cut by December.
Bitcoin & Big-Tech Battered, Bonds & Black Gold Bid As Rate-Cut Expectations Soar
A quiet macro day ahead of the coming storm with just soft-survey data hitting. But having said that US Empire Fed Manufacturing exploded higher...
When Tariffs Last Bloomed – Soybean Edition
Have US soybean exports recovered since Trump last reigned? Not in volumes. 2023 exports are below 2017 levels.
Palisades Gold Interview: 13-Year Base In Gold Means Big Moves Ahead
In this video, we differentiate gold and silver markets based on distinct fundamental drivers, discussing the potential implications of the war cycle, inflation, and recent dollar trend following the Fed's Jackson Hole meeting.
Our Conservative Cannabis Stock Portfolio Continues To Outperform
Our Conservative Cannabis Stocks Portfolio has outperformed our Canadian Cannabis LP Stocks Portfolio by more than a 3 to 1 margin on an annual basis.
Canadian Dollar Soften On Monday With CPI Data Around The Corner
The Canadian Dollar backslid to kick off the trading week, falling into the low end on Monday across the major currency board as CAD traders gear up for a fresh round of Canadian CPI inflation figures due during the mid-week phase.
5 Stocks Fueling Nasdaq ETF's Best Week In 2024
Wall Street logged strong gains last week, with the Nasdaq Composite Index outperforming. The tech-heavy index climbed 5.9%, marking the best week of this year. Invesco QQQ, which serves as a proxy to the Nasdaq Index, gained 5.9% last week.
Can Brick And Mortar Retail Stocks Still Inspire Investors In 2024?
While the might of Amazon and its overwhelming ten-figure market capitalization illustrate the prevalence of eCommerce, in-store experiences are showing signs of fighting back.
Manufacturing: When Tariffs Last Bloomed
Lest we forget, a visual recap of what exactly happened when Trump started announcing Section 232 and Section 301 measures.
US Dollar Extends Losses As Fed Decision Looms
With signs of a slowdown in inflation and cooling in the labor market, investors have grown confident in a 50 bps cut and over 100 bps of easing by year-end.
Airline Stocks Poised For A Strong Second Half In 2024
As we move into the final stretch of 2024, many investors may be asking themselves: Is it time to give airline stocks another look? According to a new report from Bank of America (BofA), the answer might very well be yes.
Chipotle’s ‘Autocado’ Robot Aims To Replace $20/Hour Workers At Select Locations
Chipotle Mexican Grill is transforming the restaurant business with its introduction of collaborative robots (cobots) aimed at streamlining food preparation.
GBP/USD Price Forecast: Hits Five-Day Peak Above 1.3200
The Pound Sterling rallied in early trading during the North American session against the Greenback, registering gains of over 0.60% and hitting a five-day peak of 1.3214. At the time of writing, the GBP/USD trades at 1.3199.