Does The Market Say No To The Nasdaq For The Start Of December?
Over the last 10 years the Nasdaq has returned an average of -0.90% over the first 2 days of December. The so called ‘turn on the month effect’ does tend …
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XRP Price Stabilizes At $1.30: Can Momentum Build?
XRP price is consolidating near the $1.400 zone. The price must clear the $1.4550 resistance zone to start a fresh increase in the near term. XRP price is struggling to …
Read More Daily Market Outlook – Wednesday, Nov. 27
Image Source: Asian stock markets displayed a mixed performance on Wednesday, mirroring the generally optimistic signals from Wall Street overnight. Investors are exercising caution in anticipation of a key U.S. …
Read More CAD/CHF Forecast: Loonie Gains Vs. Franc
As we hang around the 0.63 level, we also are sitting just above the crucial 50-day EMA. The market will, more likely than not, continue to pay close attention to …
Read More EUR/USD Steady Ahead Of Major US Data Releases
Image Source: EUR/USD remains stable at around 1.0483 as markets digest the implications of the latest FOMC minutes. The Federal Reserve signalled a potential pause in rate cuts if inflation …
Read More Simple Strategy That Works In This Bull Market
Image Source: Watch the video from the before the market opens on 26 Nov 2024 to find out the following: How can supply absorption be spotted during a market pullback? The textbook …
Read More Leverage And Speculation: Signs Of A Raging Bull Market
In a recent Commentary- – we discussed the company’s business model, which revolves almost entirely around highly speculative bitcoin and leverage. To wit:So, what is MicroStrategy? It’s a leveraged Bitcoin fund …
Read More Elliott Wave Technical Analysis – TASI Index
TASI Index Elliott Wave Analysis Trading Lounge Day ChartTASI Index – Day ChartTASI Index Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Gray Wave 2 Position: Orange Wave 3 Direction (Next Higher Degree): Gray Wave 3 …
Read More Google Antitrust Fallout: Should GOOGL Holders Be Worried?
Image Source: In August, federal judge Amit P. Mehta for the District of Columbia determined that Alphabet’s (Nasdaq: ) Google abused its “default distribution” status. The fact that Google comes …
Read More Gold Bull Market: Buy Mines Now?
Gold has gained 50% in the past two years, although this is scarcely noticed by some investors. This year it was one of the best asset classes.You may be wondering …
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