Image Source: Unsplash The Dow Jones Index (US30) was up 0.30% at Wednesday’s close. The S&P 500 Index (US500) was up 0.61%. The Nasdaq Technology Index (US100) added 1.33%. US stocks closed solidly higher yesterday, helped by strong earnings and promising
January 23, 2025
Image Source: Unsplash Have you ever wondered what it takes to know when you are on the cusp of a long-term bull market? In this podcast episode, I talk about the signs that I look for as well as my go-to indicator
As we welcome a new year and its many possibilities, it’s important to reflect on where the markets and investor psychology sit on the pendulum of greed and despair. Howard Marks’ concept of the pendulum, used as a tool to
NZDUSD Elliott Wave Analysis Trading Lounge New Zealand Dollar/ U.S. Dollar (NZDUSD) Day ChartNZDUSD 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 as a
Stocks in Asia got off to an uneven start in the wake of a US rally fueled by optimism over artificial intelligence spending.A rally in big tech and a batch of earnings from corporate heavyweights drove US stocks to the
Bearish View Sell the GBP/USD pair and set a take-profit at 1.2200. Add a stop-loss at 1.2425. Timeline: 1-2 days. Bullish View Buy the GBP/USD pair and set a take-profit at 1.2425. Add a stop-loss at 1.2200. The GBP/USD exchange
Image Source: Unsplash GBP/JPY depreciates as the Japanese Yen gains ground amid rising expectations of the BoJ hiking interest rates on Friday. Japan’s trade surplus rose to ¥130.9 billion in December, against market expectations of a ¥55 billion deficit. The
Image Source: Pexels This week’s dollar correction has not gone too far. Despite the heavy one-way positioning of the dollar, investors lack clarity on the timing of Trump’s tariff threats, preventing them from reducing dollar holdings. Further consolidation is likely among
IBEX 35 (Spain) Elliott Wave Analysis Trading Lounge Day ChartIBEX 35 (Spain) Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Gray wave 3 Position: Orange wave 3 Direction Next Higher Degrees: Gray wave 3 (started) Details: Gray wave 2 appears completed, and gray wave 3 of
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:05:21More By This Author:SPDR ETF Report For Wednesday, Jan 22Financial Markets Report For Wednesday, Jan 22Metal Markets Report For Tuesday, Jan 21
