Crowd Strike

TalkMarkets - Tue, 08/06/2024 - 06:30
A much bigger issue in the stock market would be if the crowd of people who have come into the stock market since 1989 went on a buyer’s strike.

The Stock Market Is Not Crashing; What Happens Next?

TalkMarkets - Tue, 08/06/2024 - 06:15
The stock market is not crashing right now and the question that should be asked is not whether the stock market is crashing, but how are we going to respond to what the stock market does next?

Gold Gains Above $2,400 As Traders Bet Fed's Bulk Rate Cuts

TalkMarkets - Tue, 08/06/2024 - 06:00
Gold price hovers above $2,400 and sees more upside on multiple tailwinds. The Fed is expected to cut interest rates by more than 100 bps this year. Investors worry that the US could face a recession.

Elliott Wave Technical Analysis: Shanghai Composite Index

TalkMarkets - Tue, 08/06/2024 - 06:00
The market is currently experiencing a retracement or consolidation before potentially continuing in its primary trend direction.

Deckers Outdoor Favors Sideways Correction Before Rally Again

TalkMarkets - Tue, 08/06/2024 - 05:57
Deckers Outdoor Corporation, designs, markets & distributes footwear, apparel & accessories for casual lifestyle use & high-performance activities in US and internationally.

Yen Carry Trade Blows Up Sparking Global Sell-Off

TalkMarkets - Tue, 08/06/2024 - 05:55
On Monday, investors woke up to plunging stock market as the “Yen Carry Trade” blew up. While media headlines suggested the sell-off was due to fears of a recession, slowing employment growth, or fear over Israel and Iran, such is not the case.

EUR/GBP Forecast: Euro Rallies Against British Pound Yet Again

TalkMarkets - Tue, 08/06/2024 - 05:51
The first thing I notice is that the 0.86 level has offered a significant amount of resistance after slamming directly into it.

Eurozone Retail Trade Weakness Continued In June

TalkMarkets - Tue, 08/06/2024 - 05:45
More sluggish news about the Eurozone economy as consumers postponed the retail recovery once more.

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