Pause Rebounder Stock Market Watch: Because until equity markets begin to notice. it’s unlikely politicians will feel compelled to act. Political brinkmanship will fuel market volatility — the VIX (VIX) trades to 40 in 2023; SPX retests the 3,800 floor. The similarities to 2011 (where arguably Democrats and Republicans were more ‘reasonable’ than in 2023) are...
Yahoo Finance: Even though a company’s earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It’s almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company’s potential revenue growth is crucial. In the case of Airbnb,...
MarketBeat reports: Saddle Point Management L.P. bought a new position in Alphabet Inc. (NASDAQ:GOOGL - Get Rating) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,652 shares of the information services provider's stock, valued at approximately $254,000. Alphabet comprises approximately 8.8%...
Cycle Sniper H4 is oversold and headed north. If London holds 1.64 support, 1.65300 and 1.66 are short-term targets of the pair.
Fresh agreements and deals Bloomberg : United Nears Deal for 100 Dreamliners as Part of Fleet Overhaul Boeing headed north. Cycle Sniper W1 confirms targets : 200 and 210 Good Luck
"Airlines Positive" financial environment globally. Cycle Sniper H4 headed south Potential C&H pattern. The neckline at 36. Buy above 36 Targets as mentioned on the chart. The ultimate target of the pattern is 44.50 Good Luck
QQQ Invesco Trust Series I ETF Nasdaq Near-Term Trade Opportunity One of the major Large-cap Growth ETFs, QQQ is about to complete a bullish pattern. October 27th: Nasdaq.com “Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ (Symbol: QQQ) where we have detected an...
Concerns that the FED will continue its tightening policies with aggressive interest rate hikes are putting enough pressure on the markets. There are big earnings releases after the close when tech companies including Salesforce.com (CRM) and Nvidia (NVDA) report results. Cathie Wood’s ARK funds sold shares in Nvidia ahead of the results. After a recent string...
Shares in Netflix, which is due to release first-quarter earnings on Tuesday, have dropped 43 % so far this year as global subscriber numbers have disappointed. According to the FT.com: "British households have canceled video subscriptions in record numbers as they curb non-essential spending to cope with the cost of living squeeze, reinforcing concerns that a...
Jobless Claims hits the lowest level over 5 decades. As full employment becomes a reality, the Fed will be forced to focus more on taming inflation. Earlier rate hikes knocking at the door. On the other hand, ECB is keeping its accommodative position. Today's CPI data and FOMC meeting of next week will show us the path If today's US CPI comes above 6.5, FED...
Cycle Sniper Daily breaking down 0 lines. SMA 100 Daily ( 61.8 Fibo Fan ) was tested. A technical correction is running. 4H EMA50 SMA200 crossdown is in progress. Short Opportunity 1: Retest the broken structure. Target is SMA100 Daily and 61.8 Fann Short Opportunity 2: Breakdown of 61.8 Fann. Target is Red Rectangle and Green Trendline Good Luck
US Relaxes Tariffs on Steel and Aluminum from Europe, Looking Next to UK and Japan The US and the EU have reached an agreement that will replace Section 232 steel and aluminum tariff against EUs 27 countries with a quota system that could result in lower steel prices. There had been speculation for months that the sides would come to an agreement by November...
Patterns: * Bearish Shark * Cont. SHS Pattern Set 7 5 3 - Target 3 34.530 Timeframe: H1 Patterns found by "ADVANCED CHART PATTERNS TRACKER" Cycle Sniper Conf: H4 CS price is overbought, CS Singal Price is approaching overbought ** Gray Lines by Breakout Sniper
Timeframe: D1 Pattern: Bullish Flag Breakout happened Levels as described on the chart!
Jackson Hole Symposium approaches. The possibility of the FED to start tapering in the markets by October at the latest is gaining strength. The strongest part of the basket still appears to be the US Dollar. There is only one issue that can lead the FED to act late reducing asset purchasing is the new coronavirus cases that may cause new lockdowns in the US...
Updating our XAUUSD Weekly Chart. Jackson Hole Symposium by The Federal Reserve Bank of Kansas City; Aug. 26-28, can be the place of the FED's first strong sign of a new path. The location of the key support zone is 1765 - 1750 USD/Ounce. Weekly closing below 1750 ( and the closing below the red trendline ) will add weight on the ounce. It is early to take a...
FOMC Week. Potential I SHS H4 Cycle Sniper Daily TF "0" breakout is likely. Daily RSI has room to go down.
RBNZ is the first CB to end QE. Today CPI came above expectations. This CPI data confirms a potential rate hike in the first meeting. Targets are mentioned on the chart.