If you draw enough lines on a stock chart, one of them is bound to predict the future accurately! Given that technical analysis is perfect in hindsight and flawed in foresight, many investors mock it as arbitrary. Some, like Aaron
Image Source: Unsplash Watch the video from the WLGC session on 14 Jan 2025 to find out the following: How to use the this leading indicator to “predict” the S&P 500 movement. How to adopt the structure analysis in 2019 and 2022 in
Image source: Pixabay Wednesday’s uptick in U.S. stock futures underscores a market that continues to balance cautious optimism with lingering macroeconomic concerns. Following Tuesday’s gains for the Dow (+0.52%) and S&P 500 (+0.11%), and the Nasdaq’s slight pullback (-0.23%), investors are
Image Source: Pixabay In Asia, stocks had a mixed performance. The MSCI index tracking Asia-Pacific shares outside Japan dipped by 0.1%, while Japan’s Nikkei fluctuated between positive and negative territory, ultimately ending unchanged. Iron ore futures continued to rise on Wednesday,
Image Source: Pexels At Tuesday’s close, the Dow Jones Index (US30) was up 0.52%. The S&P 500 Index (US500) added 0.11%. The Nasdaq Technology Index (US100) was down 0.13%. Yesterday, the overall market received support from a Bloomberg report that President-elect
Photo by Steve Johnson on Unsplash Back in the 1971, Herbert Simon (Nobel ’78) published an essay on the “attention economy.” It famously noted that “a wealth of information creates a poverty of attention.” He offered insights about how economic organizations (and people) needed mechanisms
Image Source: Unsplash The AUD/USD pair climbed to 0.6192 midweek, reflecting cautious optimism in the market. Traders remain vigilant ahead of key December inflation data from the US, which could influence expectations regarding the Federal Reserve’s potential interest rate cuts in
Euro/ U.S. Dollar (EURUSD) Day ChartEURUSD Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Navy Blue Wave 1 Position: Gray Wave 1 Direction (Next Lower Degrees): Navy Blue Wave 2 Details: Navy blue wave 1 of gray wave 1 as a new trend is in play.
Image Source: Pixabay The German economy ended the year 2024 with another disappointment. The economy shrank by 0.1% quarter-on-quarter, marking the second consecutive year of contraction since the early 2000s.Never change a good tradition. As at the start of every year, the
Image Source: Unsplash Wall Street’s investment banking titans closed 2024 on a high. Goldman Sachs and Morgan Stanley will most likely announce strong revenue growth in full-year results due Tuesday and Wednesday respectively, as an M&A uptick kept their dealmakers busy.