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Financial

Australian Dollar Drifts Lower As Trump Tariff Concerns Linger

December 2, 2024 - by - Leave a Comment

Image Source:  The Australian Dollar edges lower in Tuesday’s Asian session. Renewed USD demand and Trump’s tariff threats weigh on the pair; hawkish expectations of the RBA might limit its downside.  …

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Financial

Eli Lilly Gap

December 2, 2024 - by - Leave a Comment

Image Source: I took on a bearish position on Eli Lilly () today. I think the days of Big Pharma just printing up profits out of thin air are over.More By This Author:One …

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Financial

Tap Into Crypto Exposure With These 2 Stocks: HOOD, COIN

December 2, 2024 - by - Leave a Comment

Image Source: A recent move higher in crypto has caught many eyes, with investors clamoring for exposure following the bullish move. The U.S. election helped light the fire in a big …

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Financial

Asia Morning Bites For Tuesday, Dec 3

December 2, 2024 - by - Leave a Comment

Image Source:  Global Macro and Markets   Global Markets: On an inconclusive data day, markets read what they wanted to into some comments from Fed speakers and the macro releases. Treasury …

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Financial

The Yen Is Screaming Risk-Off And The Stock Market Isn’t Pay Attention

December 2, 2024 - by - Leave a Comment

Image Source: Markets were up on the broader index but mixed overall, with 319 names lower in the S&P 500 and 180 higher. The day was uneventful from an equity market …

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Financial

Economic Metrics Solid, Zscaler Sells Off After Q1 Report

December 2, 2024 - by - Leave a Comment

Image Source: Both the S&P 500 and the Nasdaq indexes have closed Monday’s trading session at new market highs. The S&P opened the day slightly up and kept steady: +14 points …

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Financial

Ruble Devaluation Giveth And Devaluation Taketh Away

December 2, 2024 - by - Leave a Comment

Image Source: Consider the ruble/yuan exchange rate.Figure 1: Rubles per yuan, calculated using dollar rates (blue, log scale). Up is a depreciation of the ruble. Source:  accessed 12/1/2024, and author’s calculations.The recovery in …

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Financial

One Gap Deserves Another

December 2, 2024 - by - Leave a Comment

Image Source: Weeks ago, when Super Micro () was in a free-fall, , noting that it was approaching a major price gap. Let’s just say that turned out to be an amazing idea.Now it’s time …

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Financial

Financial Markets Report For Monday, Dec 2

December 2, 2024 - by - Leave a Comment

Image Source: In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, December 2.Video Length: 00:08:26More By This Author:Metal Markets Report For …

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Financial

EUR/USD Backslides Into 1.05 As Euro Bids Remain Elusive

December 2, 2024 - by - Leave a Comment

Image Source:  EUR/USD lost ground again on Monday, skidding back into 1.05. Fiber failed to recapture the 1.0600 handle as near-term bounce fizzles. Plenty of ECB speeches dot the landscape, …

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