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Updated: 1 hour 47 min ago

EUR/GBP Trims Losses Below The Mid-0.8500s, The Upside Seems Limited Amid BoE's Hawkish Guidance

Fri, 02/02/2024 - 00:10
The EUR/GBP cross gains ground below the mid-0.8500s during the early European session on Friday. Nonetheless, the upside of the cross seems limited

Business Cycle Indicators On The Eve Of The January Employment Situation Release

Thu, 02/01/2024 - 23:50
SPGMI monthly GDP m/m growth for December shoots up at an annualized 12.2%, after 9.8% in November

New York Community Bancorp Dividend Cut

Thu, 02/01/2024 - 23:20
New York Community Bancorp cut its dividend because of a strategic shift after acquisitions, which required setting aside reserves and improving the balance sheet. Higher interest rates and share count were contributing factors

New S&P Highs Do Not Mean Stocks Are Expensive. Here's Why...

Thu, 02/01/2024 - 22:50
The stock market recently made new all-time highs when the S&P 500 closed at 4,839.81. This was the first new high since the S&P closed at 4,796.56 on January 3, 2022. Believe it or not, the stock market has actually gotten cheaper over this time

DAX Near Term Support Area

Thu, 02/01/2024 - 22:30
Short Term Elliott Wave view in DAX suggests the rally from 10.23.2023 low is unfolding as a 5 waves impulse. Up from 10.23.2023 low, wave 1 ended at 17003.28. Wave 2 pullback subdivided into a double three Elliott Wave structure

This Squeeze Play Could Make Your Entire Week

Thu, 02/01/2024 - 22:10
Markets ripped higher today, which makes our job easy tomorrow morning…I’m looking for (2) Squeeze Plays… the 2nd one is my favorite! Stay patient for these squeezes plays because they might be our biggest winners of the week

SPDR ETF Report For Thursday, February 1

Thu, 02/01/2024 - 21:50
In this video, Ira Epstein reviews the day's trading in various SPDR-ETF markets for the trading day just ended, Thursday, February 1

What's Going On With Meta And Apple Shares?

Thu, 02/01/2024 - 21:31
Meta Platforms saw its shares melt higher post-earnings, with investors swarming. On the contrary, Apple shares faced selling pressure. Let’s take a closer look at the releases

EUR/USD Price Analysis: Advances To Near 1.0870 Followed By Barrier Around 21-Day EMA

Thu, 02/01/2024 - 21:10
EUR/USD consolidates on recent losses registered in the previous session, hovering around 1.0870 during the Asian session on Friday

Strong Session; After Hours Earnings From AAPL, AMZN, META & More

Thu, 02/01/2024 - 20:50
Today’s big news, however, is here after the closing bell: earnings reports from some of the biggest names, including three of the so-called “Magnificent 7” stocks

GM Shifting From EVs To Plug-In Hybrids, Following Industry Trends

Thu, 02/01/2024 - 20:30
General Motors posted better-than-expected earnings earlier this week and said that it plans on changing its product lineup to include more hybrid vehicles, drifting away from pure electric vehicles

Current Analysis: Xerox Holdings

Thu, 02/01/2024 - 20:10
Xerox Holdings Corp is an original equipment manufacturing and software company. Over the past year, Xerox's share price rose about 13% from $16.38 to $18.53 as of Thursday’s market close

Financial Markets Report For Thursday, February 1

Thu, 02/01/2024 - 19:50
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, February 1

Asia Morning Bites For Friday, February 2

Thu, 02/01/2024 - 19:30
South Korea's inflation comes in below expectations. US non-farm payroll release later tonight. Powell slated to speak again at the weekend

USD/CAD Remains On The Defensive Below 1.3400, Investors Await US NFP Data

Thu, 02/01/2024 - 19:10
The USD/CAD pair remains on the defensive below the 1.3400 mark during the early Asian trading hours on Friday. The pair snaps a four-week winning streak as the US Dollar loses its recovery momentum and drops to 103.00

S&P 500 Surges Spearheaded By A Big Tech Revival

Thu, 02/01/2024 - 18:50
Strong economic growth, an A.I. fillip, ebbing inflation, and Fed rate cuts in the pipeline are ostensibly one of the most bullish elixirs for Wall Street stocks; hence, ebullient investors reembarked on yet another S&P 500 summit climb

Meta Platforms Announces Q4 Earnings: Introduces Dividend Payment

Thu, 02/01/2024 - 18:30
Meta Platforms Inc. revealed its fourth-quarter financial report on Thursday. The tech giant’s outcomes came better than anticipated as revenue came at $40.1 billion, surpassing the consensus estimate of $39.18 billion

Apple Slides On Plunging China Sales, Service Revenue Miss, Disappointing Guidance

Thu, 02/01/2024 - 18:17
While the numbers were mixed, the good news is that AAPL managed to avoid a 5th consecutive quarter of annual revenue declines...

Stocks Rally On February 1, 2024 Ahead Of The January Jobs Report

Thu, 02/01/2024 - 17:51
We saw the S&P 500 rebound some today and managed to stall at 4900; it was the spot where the index opened yesterday. Given the results from Meta and its big move higher, it seems we could fill that gap tomorrow

Why Gold And Silver Reacted To The Fed Like They Did

Thu, 02/01/2024 - 17:37
A discussion about how yesterday's meeting will be impacting gold and silver prices in the months ahead.

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