The psychedelic compound-based drug market is expected to triple over the next few years which should create many winning stocks in the years to come and, to monitor their progress we present a Portfolio of the 4 largest such companies.

Not immediately to the ADP employment change, but following the ISM data, S&P 500 paid attention to the job market status – and another rally got checked.

In summary, the S&P/TSX 60 chart presents a bullish, impulsive trend, with gray wave 3 and orange wave 3 actively unfolding. 

The US jobs report is front and center. The market is going into the report with about a 40% chance of a 50 bp Fed rate cut later this month. The Dollar Index is trading lower for the third consecutive session.

In the last 7 days, Bitcoin has dropped by at least 5.8%. At the beginning of the month, it was nearly $58,964.54, but now it stands at a low of $56,124.

The price of Bitcoin fell to $55,650 yesterday, thus testing the weekly low at $55,600

At Thursday’s close, the Dow Jones Index (US30) was down 0.54%, while the S&P 500 Index (US500) was down 0.30%. The NASDAQ Technology Index (US100) closed positive 0.25%.

Looking for a top in wave {iii} soon as the subdivision seems to have provided us with a five wave move within {iii} and we have approached the top of Minor Group 2 at 280$.

It is best to invest when sentiment is low and that's the case with gold equities right now so this could be the perfect time to buy. To help you determine which gold stocks to consider investing in consider one of the 6 gold stocks in our portfolio,

If payrolls fall below 100k today and unemployment surprisingly creeps higher, then we see a 50bp Fed cut in September becoming the market’s base case, which would result in big USD losses.

Minor Wave 4 completed around 1723 mark and a break lower will confirm the proposed potential bearish outlook here.

I will be sending this analyst a Christmas card for allowing us to expand our position in the high $150’s.

Today you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD. What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.

Known to be the most volatile month for stocks, September is when many investors rebalance their portfolios to include less risky assets such as equities that provide exposure to essential healthcare services.

AUD/USD edges lower to near 0.6735 in Friday’s European session, down 0.10% on the day. RBA’s hawkish remarks fail to boost the Aussie amid the cautious sentiment. The US NFP report for August will be the highlight on Friday.

The EUR/USD pair rose to a 1-week high on Thursday and finished up 0.20%. The dollar’s weakening on Thursday supported a moderate rise in the euro.

The USD/CAD daily chart is currently showing a counter-trend movement, identified through Elliott Wave technical analysis. This counter-trend is unfolding in an impulsive mode, signaling a strong market direction.

In my daily analysis of the GBP/USD pair, the market looks as if it is going to continue to go higher, and you can also make an argument that we are forming some type of bullish flag or possibly some type of pendant.

A mix of US data in recent sessions has left the market in a state of wait and see ahead of today’s highly anticipated US jobs report.

Over the past year, Timbercreek’s share price rose about 9.26% from $5.29 to $5.78 as of Thursday’s market close.