S&P 500 Retreats As Expected Rate Cuts In 2025 Drops To Two
The Fed giveth and the Fed taketh away.That’s the lesson for investors following the week-to-week action in the S&P 500 (Index: ), which fell by over 0.6% to close out the …
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SMCI Plummets After Nasdaq 100 Removal Announcement
Image Source: Super Micro Computer, Inc. () is set to be removed from the Nasdaq 100 Index, a change scheduled to take effect before the market opens on December 23, …
Read More Euro And Pound Get Some Help From PMI Reads
Image Source: Solid preliminary PMI data out of the Euro area helped to keep the Euro supported into dips, though overall, we haven’t seen all that much activity in markets …
Read More How 10-Year Treasury Yields Have Changed This Interest Rate Cut Cycle
We are 62 days in from the first Fed rate cute this cycle. Let’s compare treasury yields to other cycles.Data from the US Treasury, chart by Mish The above chart …
Read More Silver Price Forecast: XAG/USD Finds Support At $30.30 To Trim Some Losses
Prices (XAG/USD) are trading in a mild positive bias on Monday, trimming some losses after the rejection from levels above $32.00 last week. A mild retreat in US Treasury yields …
Read More Elliott Wave Technical Analysis: JPMorgan Chase & Co. – Monday, Dec. 16
JPM Elliott Wave Analysis Trading LoungeJPMorgan Chase & Co., () Daily ChartJPM Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minor wave 5DIRECTION: Upside in 5 of (5).DETAILS: Looking for continuation higher into wave 5 …
Read More Ethereum At Risk As Justin Sun Moves To Withdraw 52,905 ETH
Ethereum (ETH) faces potential market volatility after Tron (TRON) founder Justin Sun announced his intention to withdraw 52,905 ETH, valued at around $209 million, from Lido Finance (LDO).Sun’s decision comes …
Read More Is India About To Make The Dollar Explode Higher?!
Image Source: The dollar continues to threaten to make a big move higher. Not only is the main dollar index right at the top end of its multi-year range, the …
Read More USD/CAD Resumes Uptrend To Test Long-Term Highs At 1.4240
The US Dollar remains firm against a softer CAD and tests long-term highs at 1.4240 A dovish BoC and concerns about higher tariffs on Canadian products are weighing on the …
Read More This Week: GBPUSD Below 1.2811 Ahead Of BoE Meeting
GBP/USD struggles below 1.2811 resistance Sticky services inflation fuels BoE caution Major support around 1.25, downside risk remains FOMC, BoE, and BoJ meetings key for FX UK CPI and jobless claims this week Sterling has been the strongest major currency versus …
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