Stocks Struggle Ahead Of Key US Data Releases
Ahead of upcoming elections, we are seeing signs of a weakening labour market. While this should mean 100 bps of rate cuts, recession, and trade worries could derail stocks.
The Second Wave Of Selling On The Stock Market Has Begun
The recovery of the US equity markets has definitely gone further than expected. However, the indicators now show that it has most likely already ended.
GameSquare Surges Towards Profitability After FaZe Clan Acquisition
A review of recent X Spaces panel discussion with CEO of GAME, Justin Kenna, hosted by Wolf Financial and StoryTrading.
Is Gold In The Beginning Stages Of A Bullish "Supercycle?"
Gold has had quite a bull run in 2024. The yellow metal is up over 21.6 percent this year, ranking among the best-performing assets. Along the way, it has hit new all-time highs more than 20 times.
Canada Will Be Caught In The Rise In US Trade Protection Measures
At this juncture in the US election, it is necessary to take considerable care not to attach too much weight to the prospects for a radical change in policy.
Aflac - Strong Technical Indicators With 100% Buy Signals
Aflac (AFL) shows strong technical indicators with 100% buy signals, a 47.77% gain in the last year, and a Trend Seeker buy signal.
Oil Slides Despite Huge Draw Sending Total US Crude Inventories To 2024 Low
Despite the massive draw, despite the collapsing US inventories, despite the risk of tank bottoms in Cushing, and despite the OPEC+ decision not to hike output, WTI Crude prices extended their earlier losses.
Economically Weighted ISM Indexes Show An Economy On The Very Cusp Of - But Not In - Contraction
The economically weighted ISM reports show an economy which is not contracting, but in the aggregate has stalled, with contracting production being just balanced by weakly expanding services.
Shorting The Fatties
Eli Lilly (LLY) has traditionally scared me. It is sporting a P/E in the triple digits, which is normally what you would associate with a new biotech company at the cusp of curing cancer, not an ancient organization.
Copper Facing Historic Price Decline If Support Fails
Copper prices have continued to fall and this decline seems to be in alignment with potential talks of Federal Reserve interest rate cuts.
WTI Into The $60s
Alongside equities, it's been a rough week for crude oil. On catalysts of assumed weaker demand and supply news out of the Middle East, front month WTI futures are already down 5.56% month to date with the steepest declines occurring on Tuesday.
Tesla Stock Surges On Plans To Expand Full Self-Driving Globally
Tesla plans to launch its Full Self Driving technology in Europe and China by early 2025, pending regulatory approval.
GBP/USD Price Forecast: Holds To Gains On Mixed US Data
The GBP/USD aims up during the North American session, after jobs data from the United States (US) was mixed, while business activity expanded.
Fixed Maturity In Focus: Constructing A Ladder For Stability And Yield
The market is newer in Europe, where adoption has taken shape over the last 12 months. As this market expands across geographies and exposures, we take a closer look at the construct and the utilization of the fixed maturity index.
Apecoin Price Resurging After Blueprint Launch Ahead Of Apechain Launch
ApeCoin’s price surged 6.4% after unveiling the BluePrint project ahead of ApeChain launch. The Blueprint initiative aims to innovate with new developer tools and engaging applications.
Jobless Claims Data Refuses To Accept 'Hard Landing' Scenario
Initial jobless claims continues to ignore the 'other crappy data', printing 227k (in line with 230k exp) and basically unchanged at two-month lows...
Elusive SPY Bounce
S&P 500 had a troubled day of retracement rejection – little wonder after poor JOLTs figure and Beige Book recognizing real economy (job market) challenges.
Paypal Holdings Inc. (PYPL) Stocks Elliott Wave Technical Analysis
We are looking at upside potential within wave 3 or C which needs to unfold in a five wave manner, and we seem to be standing within wave {iii}.
USD/JPY Analysis: Japanese Yen Rises On Safe-Haven Flows
The Japanese yen has risen to the brink of the 143.00-yen level against the US dollar, recovering sharply from its two-week low as weak US manufacturing data fuelled recession fears, boosting demand for safe-haven assets.
Dogecoin And Shiba Inu: Doge Is In A Sideways Consolidation
The price of Dogecoin stopped yesterday’s bullish rally at the 0.09950 level. This morning, the Shiba Inu price climbed to a new two-day high at the 0.00001370 level.