The US stock market this year clearly intends to demonstrate what the "Santa Claus Rally" calendar anomaly is.
Rally Santa Rally is a price pattern in which stocks rally in the last seven trading sessions of the year plus the first two trading days of the New Year. Over the past 92 years, the S&P 500 has risen 77% of the time during the Santa Claus rally,...
We mainly viewed the change in the vector of monetary policy in the United States through the prism of the US stock market. But if someone loses, then someone should also win. And that someone is the US dollar.
In general, 2021 turned out to be successful for the American currency: the dollar strengthened against all the currencies of the G-10 countries. At the...
Headline Potential
Merck has three drugs currently under priority FDA review, one of them a Covid-19 drug:
Molnupiravir, an antiviral for Covid-19 which has received a positive opinion from the advisory board and which Merck's CEO says should work against any variant
Vaxneuvance, a pneumococcal vaccine
Lynparza, a breast cancer drug
Merck also...
Throughout 2021, Biden has been desperately pushing his economic agenda and its funding. We are talking about the infrastructure plan, which was cut in the process from 2 trillion to less than 1 trillion, as well as the so-called Build Back Better Act, within which it was assumed 1.75 trillion additional costs for various social and similar items.
So yesterday...
The past week can be safely called the week of the Central Banks. The meetings were held by the Fed, ECB, Bank of England, Bank of Japan, Bank of Turkey and a number of other central banks. Based on their results, a shift in the global vector of monetary policy is becoming more evident. But if earlier it was about the actions of relatively insignificant central...
Hello everyone. I've been on a business trip for over a week and got no access to TV from the hotel.
I think it may not be too late to talk about the new strain-Omicron. The news that the first case was found in EU as well as US triggered a wave of sell-off. Investors were worried about the new strain due to its transmissibility. Back then, scientists need time...
Yesterday we wrote about the illogical growth of the US stock market on Wednesday following the FOMC meeting. What was happening was very similar to the situation in boxing, when one of the boxers misses a strong blow, but by inertia, the fight continues actively for a couple of seconds. And then the legs give way and the brain gives the command to retreat.
So...
The main event of yesterday, and what is there of the day - the whole week, if not the whole next year - is the announcement of the results of the FOMC meeting. Despite the fact that risky assets have reacted with growth, this is a good mine for a bad game. The Fed will not only accelerate the pace of tapering, but will also be extremely aggressive with regard to...
Oh, how is it, boys and girls? In my last post i tried to calm you down saying that crypto is in a quite strong accumulative zone so we should not panic. Now, with more conformation, i can say that it is definitely going up. Here, i wanna show you our current situation and our potential price action.
▪️While I was analyzing the chart, something interesting was...
I am looking for a breakdown to next support. HOWEVER, there is a TON of news coming out today So technical analysis won't mean much today.
Be careful if you are trading.
US Retail Sales rose by 0.3% MoM in November Which is less than the .9 expected.
It is expected to have the best holiday season for sales in more than two years this month.
Here is some of...
The markets were not up for fun yesterday. Traditionally, there were enough reasons for worrying. Omicron made it to China, manufacturing inflation in the United States showed the highest growth on record, and Germany, according to forecasts, will slide into recession by the end of the first quarter of 2022.
And all this news came out against the background of...
I wanted to share this sooner but I've been busy last night buy since the target is for mid - long term, its still buyable.
our first target is 0.44 which is around 90% from where we are, if price manages to break the resistance zone, it has a lot higher to go.
BZRX also have some great news coming up in Dec and as you can see, technical is looking good.
I do not...
Tomorrow the Fed may crash the US stock market. Or he can continue to pull the cat by the tail. Moreover, here and now you can hide behind Omicron, who confidently walks the planet, having registered in 60 countries. We have already written that this strain is extremely contagious. The number of cases in Denmark, like in Britain, doubles every two days.
And...
The last week can definitely be written as an asset for buyers of risky assets. US stock indices closed in positive territory in the immediate vicinity of all-time highs. At the same time, the reality was far from so unambiguous. And by and large, everything was determined by the angle of incidence of sight on events.
Take a pandemic, for example. If desired (and...
In yesterday, even with a magnifying glass of heightened optimism, it was difficult to find positive. The epic with Evergande seems to be going according to the worst scenario for China. China Evergrande Group was officially recognized as a defaulter for the first time. Fitch Ratings downgraded Evergrande to "limited default" due to the company's inability to make...
Markets on Wednesday continued to follow the news around the omicron. It was very interesting to observe how the seemingly obvious negative they managed to transform into a reason for optimism. As shown by the results of the study, the Pfizer vaccine is 40 times (!) Less effective against Omicron than against Delta. It would seem that this is a failure, complete...
UsdCad with high news impact BOC Rate Statement plus Overnight Rate and Crude Oil Inventories i think it will go downside but stand a head of of news central bank can do what if they can do because it is their commodity
Yesterday became a continuation of Monday. Apparently, the first day of the week was not enough for the markets to satisfy their passion for buying at a lower price. As a result, Nasdaq showed one of the best days of 2021, and prices were again close enough to historical highs, which in itself hints at not being cheap.
In general, the motivation for buying...
