MARKET NEWS
Nov 21, 2024
USD/JPY Under Pressure: Strategic Moves as Channel Risks Emerge
USDJPY trims gains falls below the steep bullish channel. New sellers could show up below 153.00-153.55. The pair could head straight up to the resistance area in case of a bullish...
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Nov 21, 2024
Stock Valuation Debate: Weighing High Ratios Against Economic Backdrops
Whether the market is overvalued is a complex question that depends on a number of factors and can be difficult to answer definitively. Some say the market is overvalued, while others argue that the...
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Nov 21, 2024
Is the Relatively Weak Trend for US Private Payrolls a Warning?
If you could only track one economic indicator to monitor the economy the trend in payrolls would be a solid choice. Think of it as the fuel that powers consumer spending engine, which accounts for...
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Nov 21, 2024
US Dollar Holds, Yen Surges: Tactical Moves in Currency Pairs On Market Shifts
Stocks remain directionless even after stellar earnings by Nvidia. Declining odds for December Fed rate cut weigh on markets. Dollar holds near highs, yen rallies, Bitcoin soars to $97,000. Nvidia...
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Nov 21, 2024
Nasdaq Faces Pressure: How Retail Success and Tech Trends Affect the Market
Wednesday's Commentary shared Walmart’s (NYSE:WMT) outstanding earnings report and reviewed its surging share price from a technical basis. Despite being a head-to-head competitor of Walmart, Target...
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Nov 21, 2024
Gold Rises While Euro and Pound Continue to Decline Amid Geopolitical Tensions
Gold Rises on Geopolitical Risks Gold (XAU/USD) has been rising for three consecutive days, gaining 0.69% yesterday. Geopolitical risks linked to the Russia-Ukraine conflict remain a key driver of...
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Nov 21, 2024
Nvidia’s Earnings Surge, But Can Big Tech Dependency Sustain Growth?
Nvidia (NASDAQ:NVDA) announced another very strong quarter after the bell. The company surpassed its own revenue forecast by around $2bn (again!) and printed a sales number of $35.1bn. That’s around...
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Nov 21, 2024
Mastering the Average True Range (ATR): A Trader's Guide
One of the most widely used volatility indicators in technical analysis is the Average True Range (ATR). Developed by J. Welles Wilder in his groundbreaking book New Concepts in Technical Trading...
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Nov 20, 2024
Another Soft Year for Secondaries: Changes on the Way in 2025?
Secondary equity issuance announcements continue to run below levels from a few years ago. Uncertainty ahead of the election may have resulted in lower corporate capex and M&A trends, but...
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Nov 20, 2024
Is Fed Policy Still Too Tight?
The next round of central bank decisions could rank among the most challenging in recent history, perhaps in decades. Policy hawks and doves can cite a fair amount of evidence for supporting their...
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