Image Source: Pixabay The GBP/USD currency pair is down 0.06% after reaching a three-week high of 1.2634. The RSI flattening suggests normalization of buying pressure. Support levels are at 1.2500, 1...
Image Source: UnsplashThe S&P 500 is coming off a strong year, with a 23% return seen in 2023. If the market takes a downturn in the back half of 2024, investors can attempt to lower their portfo...
Image Source: PixabayIn this video, I review how various markets moved this week. Additionally, I share one of the trades taken this week.00:17:10More By This Author:Masters In Trading – Satu...
The stock and bond markets are salivating today because nonfarm payrolls are only up 175,000 vs. a Bloomberg Econoday expectation of 243,000. Whether that lasts all day remains to be seen. Nonfarm pay...
Photo by Timothy Newman on UnsplashLast year marked a record for U.S. oil production with an average daily production of 12.93 million barrels per day (BPD). That record was 5% greater than the p...
Image Source: PixabayThe rapid decline of the Japanese yen — recently stabilized by a (presumed) round of intervention — has brought forth the usual “currency crisis” discussion from the usua...
Photo Credit: Tawanda Razika from PixabayLast week, Microsoft (MSFT) announced its third quarter results that exceeded analyst estimates, driven by its AI momentum. However, its weak outlook broug...
Image Source: PixabayPreliminary estimates of second-quarter US GDP activity suggest output may stabilize after two straight quarters of slower growth, based on the median for a set of nowcasts compi...
Image Source: PexelsThe S&P 500 ETF (SPY) gapped up 1% at the open this morning, so we wanted to provide a quick summary of how the ETF has typically traded on days when it gaps up 1%+.As shown ...
Image Source: PixabayWest Texas has a natural gas problem. But it might not be the kind you’re thinking of. The region is facing an excess in supply. There’s so much natural gas that energy compa...