Analysis & Opinion
Investors Starting to Eye Crypto
02.12.2023
Investors Starting to Eye Crypto
In Q3, the U.S. economy outpaced expectations, experiencing robust growth with an annualized GDP growth of 5.2%. This surpassed the…
Market Leader Nvidia Struggling at Key Fibonacci Resistance
02.12.2023
Market Leader Nvidia Struggling at Key Fibonacci Resistance
Technology stocks have led the market higher for nearly 2 decades. Semiconductors have been a big part of that…
Bitcoin’s Last Push for a Local Top?
01.12.2023
Bitcoin’s Last Push for a Local Top?
Two weeks ago, see here, we showed, by using the Elliott Wave Principle (EWP), that a local top for…
Gold Stocks to Rise as Positive Leverage Returns
01.12.2023
Gold Stocks to Rise as Positive Leverage Returns
The next leg of the gold stock bull market is in play amid confusion, misunderstanding and noise First off,…
Why Was the US Silver Stockpile Raided by DOD?
01.12.2023
Why Was the US Silver Stockpile Raided by DOD?
Why Was the U.S. Silver Stockpile Raided by DOD? Silver has been used for thousands of years as ornaments…
Bitcoin Ripe for a Correction: Bulls Need to Hold Above $36,500 to Target $48,000
01.12.2023
Bitcoin Ripe for a Correction: Bulls Need to Hold Above $36,500 to Target $48,000
Bitcoin concludes November on a high, continuing its two-month upward trend, reaching the upper band of the rising channel,…
Week Ahead – Nonfarm payrolls enter the spotlight, RBA and BoC decide on policy
01.12.2023
Week Ahead – Nonfarm payrolls enter the spotlight, RBA and BoC decide on policy
Investors looking to US NFPs for confirmation of their Fed rate cut bets RBA could still signal that higher…
No-Recession Predictions Begin to Look More Plausible, but Risks Remain Too High
01.12.2023
No-Recession Predictions Begin to Look More Plausible, but Risks Remain Too High
I previously discussed a slate of recessionary indicators with high correlations to recessionary onsets. However, as we head into…
Dollar stumbles again after soft US data, eyes Powell
01.12.2023
Dollar stumbles again after soft US data, eyes Powell
US dollar softer ahead of Powell as US inflation and consumption cool Euro regains some posture, stocks look to…
Real Estate Stocks Heat Up Again, Leading Broad Market Rally in November
01.12.2023
Real Estate Stocks Heat Up Again, Leading Broad Market Rally in November
Global markets surged in November—except for commodities, which posted the only decline among the major asset classes last month,…
Will the British Pound Continue to Move Higher?
01.12.2023
Will the British Pound Continue to Move Higher?
The GBP/USD has been on fire for the past number of weeks, and the price is coming off its…
Euro Steady Ahead of US Mfg. PMI, Powell Remarks
01.12.2023
Euro Steady Ahead of US Mfg. PMI, Powell Remarks
Eurozone inflation falls to 2.4% US ISM Manufacturing PMI expected to improve to 47.6 Fed Chair Powell will deliver…
USDCHF bullish odds increase after 4-month lows
01.12.2023
USDCHF bullish odds increase after 4-month lows
USDCHF_01_12_Daily USDCHF bounces from 4-month lows Oversold signals create hopes for a rebound An advance above 0.9100 is required…
USD/CAD Eyes Canadian Job Data, US PMI
01.12.2023
USD/CAD Eyes Canadian Job Data, US PMI
Canada’s job growth expected to expand by 15,000 US ISM Manufacturing PMI projected to accelerate to 47.6 The Canadian…
Rates Spark: Markets Are Cutting Rates
01.12.2023
Rates Spark: Markets Are Cutting Rates
Financial conditions eased markedly through November, as market rates fell and credit spreads tightened (record month for bond returns).…
After Terrific November, Is More Cheer in Store for Stocks in December?
01.12.2023
After Terrific November, Is More Cheer in Store for Stocks in December?
U.S. stocks ended November on a high note as cooling inflation boosted hopes the Fed is done hiking. December…
Why Risk Assets Still Have Room to Grow in the Mid-Term
01.12.2023
Why Risk Assets Still Have Room to Grow in the Mid-Term
The S&P 500’s performance this year has mainly been driven by the ‘Magnificent 7’ stocks, Meanwhile, the other 493…
Swiss Franc Hits 4-Month High, GDP Beats Forecast
01.12.2023
Swiss Franc Hits 4-Month High, GDP Beats Forecast
Swiss franc climbs to 4-month high Swiss GDP rises 0.3% US ISM Manufacturing PMI is expected to rise slightly…
S&P 500: Should Traders Read Yesterday’s Late-Day Buying Spree as a Bullish Sign?
01.12.2023
S&P 500: Should Traders Read Yesterday’s Late-Day Buying Spree as a Bullish Sign?
Stocks were down yesterday, but a $6.5 billion buy imbalance sent S&P 500 screaming higher into the close. Yesterday…
S&P 500, Nasdaq Form Bullish Hammer; Russell 2000 Battles 200 DMA Resistance
01.12.2023
S&P 500, Nasdaq Form Bullish Hammer; Russell 2000 Battles 200 DMA Resistance
Bulls have managed to retain control of their powerful rally off October lows. Shorts looked ready to attack with…