Risks Facing Bullish Investors As September Begins
It is true that “a rising tide lifts all boats,” meaning that as the market rises, investors begin to chase higher stock prices. Such leads to an improvement in market breadth and participation, which supports further price increases.
SPDR Industrial ETF Found Buyers At The Blue Box Area
The ETF is giving us correction that is unfolding as 3 waves pattern , labeled as (A)(B)(C) blue. The pullback has already reached the extreme zone (Blue Box).
AUD/JPY Moves Below 98.50 As Traders Adopt Caution Due To China Economic Woes
AUD/JPY depreciates as risk aversion increases due to rising fears over the Chinese economy. Traders await RBA Governor Michele Bullock’s speech to gather more insights into the central bank's policy stance.
Money Talks: How to Make the Next Wordle
For this Money Talks, it’s all fun and games…and lots and lots of money. The Puzzmo game designer speaks with Felix Salmon about how to make addicting, viral pastimes that turn a profit.
Unlocking ASX Trading Success: NWS Stock Analysis & Elliott Wave Technical Forecast - Tuesday, September 3
Wave 5-grey looks to be extending, it is subdividing into wave ((iii))-navy and continuing to push higher, while price must remain above the 40.00 low to maintain this view.
Wave Of Dollar Demand Ahead Of US Market Return
Mild risk off flow and a strong wave of USD demand is what we’re seeing as the markets get set for the return of the US following a long weekend holiday break. It’s possible we’re seeing a delayed reaction to last week’s not as cool US core PCE.
US Stock Futures Slip As Markets Brace For Key Economic Data And Fed Rate Decision In Historically Volatile September
The focus on the labor market is understandable, given its crucial role in the Federal Reserve's decision-making process.
Rates Spark: A Week Of Decisive US Data Ahead
Will the Fed be able to catch the economy and how decisive will it have to act this month? Left to their own devices, EUR rates nudged higher on Monday, likely also driven by a brisk resumption of issuance after the summer break.
GBP/JPY Drops To Near 192.00 Due To Increasing Risk Aversion
GBP/JPY falls as traders adopt caution ahead of US ISM Manufacturing PMI release on Tuesday. The JPY may face challenges as weak Japanese manufacturing data fuels expectations of the BoJ postponing further rate hikes.
Costco Wholesale Corp. Stocks Elliott Wave Technical Analysis - Tuesday, September 3
Looking for continuation lower within wave {ii} as we seem to have a potential three wave move in the making and looking for MG2 of 800$ to hold as support.
USD/CHF Remains Firm Above 0.8500 After Swiss GDP And CPI Inflation Data
USD/CHF gathers strength near 0.8525 in Tuesday’s early European session. The Swiss CPI rose 1.1% YoY in August; the Swiss economy grew 0.7% YoY in Q2.
Weekly Market Pulse: It’s An Uncertain World
The difference between the 10 year Treasury note yield and the 2 year Treasury note yield is about to turn positive, the 2 year note yield recently falling a bit more rapidly than the 10 year. Pundits will say this means a recession is coming.
BTC/USD Forex Signal: Consolidation Continues As Traders Eye Next Catalyst
Bitcoin price continued its recent consolidation as the crypto industry continued to underperform the broader market. The BTC/USD pair remained in a bear market after falling by about 20% from its highest point this year.
Quarter End Window Dressing Will Become Monthly
The SEC is changing its rules to increase mutual funds and ETF transparency. From now on, mutual funds and ETFs must report their holdings at least monthly. The rule change will take effect November 2025 for larger funds.
For Labor Day: 4 Measures Of Worker Wage Growth
On this Labor Day, it is fitting to update the economic state of ordinary workers. There is a variety of economic data series to track both average and median wages...
Customers Are "Falling Out Of Love" With Airbnb
The Insider report says that travelers have noticed a shift with Airbnb becoming more expensive than hotels and offering less value, leading to frustration over high fees and uncooperative hosts, according to travel experts.
Paint It Green
My Sherwin Williams (SHW) long idea continues to go nicely.
In Honor Of Labor Day, Let’s Review BLS Job Revisions
Long after everyone cares about what happened in the first quarter of 2024, the BLS will post an annual revision in one big bang.
A Left-For-Dead Blue Chip Bounces Back: 3M
Would you believe that previously left-for-dead blue chip 3M (MMM) is currently the Dow's best-performing stock of the year? With a gain of more than 50% YTD, MMM is just ahead of Walmart's (WMT) 48.4% gain.
Why Is September Considered A Really Bad Month For Stocks?
The "September Effect," a historical trend of poor stock market performance during September, has been observed for nearly a century.