The S&P 500 Surges As “Shiny Objects” Distract Investors
The big index was up nicely today. Verizon (VZ) and Nvidia led the way as Apple (AAPL) failed to dazzle with its product-line reveal.
Nasdaq 100 & S&P 500 Elliott Wave Update - Monday, Sept 9
Monday's trade sort of left me and others "scratching their heads" with the likely turn back towards "risk on" trading. Not sure if that is the case just yet, so I am leaving much of the chart in tandem with regard to the Elliott labeling.
This Breakout-Pullback Could Be Easy Money On Tuesday
Market’s bounced higher today, and one easy clue from last Friday tells me this Breakout Pullback might be easy money tomorrow morning!
Financial Markets Report For Monday, Sept 9
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, September 9.
Australian Dollar Continues To Lose Ground After Westpac Consumer Confidence
The AUD/USD pair extends its losses for the third successive day following the downbeat Westpac Consumer Confidence from Australia released on Tuesday.
Shell Game: How America’s Money Devolved From Gold To Fiat?
What started as real, tangible value—gold and silver—slowly evolved into paper backed by those metals, and then, finally, into fiat currency backed by nothing but trust.
2 Food Stocks To Buy Amid Heightened Market Volatility
September is living up to its connotation of being the most volatile month for the stock market but Dole (DOLE) and Pilgrim’s Pride (PPC) are two consumer food stocks that may be able to offer defensive safety in the portfolio.
Markets Still Hover In The Realm Of Cautious Optimism
At least for now, the mood is more "cautious optimism" than doom and gloom.
Manufacturing Weakness Could Signal Trouble For The Economy
The U.S. economy could be heading into choppy waters, and investors may be wise to buckle up.
Stocks And Precious Metals Charts - Gathering Of Vultures
Stocks managed to bounce back today after last week's rough declines. Gold and silver were higher. The Dollar was higher.
Clawback Of Friday's Losses Sets Up Bullish Haramis For Lead Indices
Sellers remorse after a weekend of retrospection might have accounted for some of today's buying, and while bullish haramis left in Indices might offer reversal opportunities, overhead supply at moving averages will likely prove problematic.
As Inflation, GDP, And Jobs Growth Wane, The Fed Should Cut 50 Bps
Falling inflation, weak manufacturing activity, cautious consumer sentiment, and sluggish GDP and jobs growth have conspired to elicit a dovish tone from the Fed and the likely start of a rate-cut cycle to avert recession and more job losses.
Stocks Bounce After Brutal Week Despite Apple Unveiling A Dud
While stocks staged a comeback, the rest of the market was quiet, with bond yields failing to rebound, and after rising in the early morning, yields gradually faded all day only to closer down on the day...
A New High In GDX Is Possible
We are up over 25% this year so far; SPX is up around 14%.
Gold Gains Traction Ahead Of US CPI Data
Gold gained ground on Monday as traders braced for the release of August’s inflation report in the United States (US) and looked for hints that the Federal Reserve (Fed) would cut rates by 50 or 25 basis points.
Platinum Trading Strateg, Analysis And Forecast - Monday, Sept 9
Today you will see PLATINUM price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XPTUSD?
Get “Picky” With Stocks For September Profits
The U.S. Federal Reserve beat inflation far sooner than expected. Now Jerome Powell is on track to cut rates and ease in for a “soft” landing sooner than expected.
GDPNow Rates The Jobs Report As Positive, That Was Not My Guess
The GDPNow Nowcast moved higher today on the “strength” (or lack thereof) of last Friday’s jobs report. I did not think much of the jobs report but the nowcast thought otherwise. All of the jump to 2.7 percent was on the September 6 jobs report.
Four Stocks To Watch This Week - Monday, Sept 9
Inconsistent patchy behavior looks most likely in the very short term, but stocks still have decent potential in the medium term. Stay focused and be patient for the optimal setups near Key Levels.
Canadian Cannabis LP Stocks Portfolio -10% W/e Sept. 6th
Our LP portfolio was down 10% last week as a result of the August 26th announcement by the DEA that it had scheduled an administrative hearing for December 2nd to consider differing expert opinions on the proposal that cannabis be re-classified.