Spectacular Gains to Be Sure but Are They Sustainable?
The price action is screaming further upside Last week saw a collapse, a tremendous turnaround that suddenly looks like a runaway bull market? The price action is screaming further upside.…
DXY Slides, AUD Jumps, Stocks Soar; US PCE Index Slows
Bond Yields Dip; Week Ahead Sees Economic Data Dump The Dollar Index (DXY) extended its slide, easing 0.20% to 101.58 from 101.77 after a key US inflation rate rose to…
Key events and releases for next week
US jobs report, Bank of Canada interest rate decision Next week the week will start slowly as the US will be on holiday in observance of Memorial Day. Generally speaking,…
Round up of today’s market news
North American News US stocks end the week with strong gains and close at session highs Dow up for 6 straight days. S&P and Nasdaq up 3 straight days The…
How Pandemic (Covid-19) has Benefited the Forex Market?
The evolution of the COVID-19 virus has been incredible to watch Trading online offered a new source of income for an astounding number of people who stayed at home during…
The great central bank illusion
Central banks talk up a big game in the battle against inflation But at the end of the day, they are rather powerless when it comes to significantly turning the…
Round up of today’s market news
North American News US major indices closes higher. S&P and Nasdaq up 3 of the last 4 days. Dow up 4 straight Major indices up for the week with 1…
Bitcoin’s Tedious Walk Around $29K
Without the hype inherent in the golden days’ for crypto, the flow of money into the industry is drying up. Bitcoin continues its tedious walk around $30K in a narrow…
The anatomy of a pump-and-dump
While seasoned investors might be familiar with pump and dump schemes, they are still out there and they still find a way of leaving a lot of traders holding the…
Round up of today’s market news
North American News Stocks are more than halfway through the week and major indices are higher Can they make it through the next 2 days and close higher on the…
FOMC meeting minutes for May 2022: inflation risks are skewed to the upside
FOMC meeting minutes for the May 2022 meeting All participant voted for 50 basis point hike China lockdowns and Ukraine increased risks restrictive stance on monetary policy may well become…
Round up of today’s market news
North American News Nasdaq snapped lower – Dow closes higher Snap rout leads to lower Nasdaq The major US indices are closing mixed with the Dow, closing higher, but the…
Globalists convene to plan central bank digital currencies
Central bankers and bureaucrats are seizing on recent turmoil in cryptocurrency markets to push aggressively for central bank digital currencies (CBDCs). They made their case to other global elites gathered…
Big banks call for recession and possible stock market crash
The converging forces of price inflation and economic contraction continue to weigh on asset markets. The Dow Jones Industrials got clobbered by 1,000 points on Wednesday and is headed for…
Round up of today’s market news
North American News Solid gains for the major indices today Dow industrial average up nearly 2% The week is off to a good start The major US stock indices are…
22 billion Shiba Inu recently destroyed, traders prepare for a bullish breakout
22 billion Shiba Inu tokens were destroyed in 497 transactions, permanently pulling them out of circulation. The Dogecoin-killer Shiba Inu added 22,000 new holders over the past week, fueling a…
What’s on the US economic calendar
For The Week Of May 23-27 What are the highlights next week We’re wrapping up the seventh straight week of declines in the S&P 500 as the recession fears mount.…
Round up of today’s market news
North American News Stocks snatch victory from a jaws of defeat (at least for the S&P and Dow) S&P averts closing in bear market territory. The Nasdaq has a moral…
Soaring Inflation Threatens of Deeper Global Crisis
It seems that central bankers made a wrong estimation… After emerging from the deep crisis caused by the coronavirus pandemic, the global economy faces new disastrous scenarios with soaring inflation.…
Bitcoin may finish a brief rebound but is unlikely to go below $10K
The realist-optimistic scenario points to the possibility of cautious buying by long-term investors from current levels. Bitcoin has been hovering around the 30K mark for a second day, forcing the…