FX Today: Australian, U.S. Jobs Report Take Centre Stage
The US Dollar Index (DXY) reversed two daily gains in a row and collapsed to multi-week lows in the 98.60-98.50 band amid declining yields following the FOMC event on Wednesday.
Dow Jones Industrial Average Soars 580 Points On Third Straight Fed Rate Cut
The Dow Jones climbed over 1.2% on Wednesday after the Fed delivered a third straight rate cut.
Fed Watch: Recalibrating The “Recalibration”
With a third consecutive rate cut bringing the Fed Funds range to 3.50%–3.75%, the Fed may pause for now as it reassesses the effectiveness of its “risk management” approach amid mixed economic signals.
Unusual Call Options Volume In GameStop Corp. Stock - Should Investors Buy GME Stock?
GameStop Corp reported excellent results yesterday for its fiscal Q2 ended Nov. 1. Today, there is a huge, unusual call options trading in GME.
When Silver Runs Hot And Platinum Smells Opportunity
While stocks are taking a breather at high levels, the Silver market is impressively demonstrating how much energy it still has.
Is GE Aerospace Forming A Top?
The technical picture for GE Aerospace is at a pivotal point. The evidence leans towards a topping pattern and a potential shorting opportunity, but confirmation is everything.
High Shelter Prices Cost A Fortune
High shelter costs drain cash flow away from other spending, saving and investment. The higher the price of a home, the more buyers are likely to borrow to acquire it, and the longer the cash drain from other needs and goals.
The Jobs Report Metric That Predicts Every Recession
The proper way to analyze the jobs report and the labor market for a forward-looking reading on the economy and monetary policy.
