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Elliott Wave Trading Strategies: SP500-Nasdaq-Russell 2000-Dow Jones
Video By: Peter Mathers
Tuesday, April 25, 2023 3:57 AM EDT
Expect chopping corrective price action as the market waits for Q1 Earnings for big tech stocks this week. Elliott Wave Analysis for the S&P 500 indicates an incomplete Wave 4 correction.
In this video: DIA, IWM, NDX Also: SPX
Watch
Intraday Analysis – Gold Holds Ground
Article By: Orbex
Tuesday, April 25, 2023 3:43 AM EDT
Gold inched higher as the US dollar fell across the board amid thin demand. The price continues to retreat from March 2022’s peak near 2050 while the daily RSI drops back to the neutral area.
In this article: FXE, FXB, GLD, DJI
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Cryptos Turn South For A Deeper Correction
Video By: Gregor Horvat
Tuesday, April 25, 2023 3:29 AM EDT
Cryptocurrencies are still testing the lower supports after a reversal that we saw last week, so this may indicate that correction will be deeper.
In this video: BITCOMP
Watch
Market Briefing For Tuesday, Apr. 25
Article By: Gene Inger
Tuesday, April 25, 2023 3:01 AM EDT
Crosscurrents within the neutral range delivered a desired post-Expiration brief shaking, followed by stabilization and then a late S&P comeback.
In this article: AAPL, GOOGL Also: FRCB, KO, ARKK, SARK, MSFT, SPX
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Rather Than Restoring Soundness To The Dollar, Senators Seek To Debase The Nickel
Article By: Stefan Gleason
Tuesday, April 25, 2023 3:00 AM EDT
Fiat currencies that are undergoing inflation eventually reach the point where the smallest unit of account becomes practically worthless, more trouble to handle and account for than it's worth.
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Elliott Wave Technical Analysis: Bitcoin, Tuesday, Apr. 25
Article By: Peter Mathers
Tuesday, April 25, 2023 2:46 AM EDT
The price of Bitcoin is above the MA200 indicating an uptrend. The wave oscillators below Zero-Line momentum are bearish.
In this article: BITCOMP
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China’s Resurgence Fuels The Luxury Market, Air Travel And Shipping
Article By: Frank Holmes
Tuesday, April 25, 2023 2:05 AM EDT
Chinese economic data blew expectations out of the water last week, reflecting a strong comeback for the Asian giant as it finally emerges from the world’s most restrictive pandemic-era lockdowns.
In this article: MCHI
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America's Social Contract Is Broken
Article By: Charles Hugh Smith
Tuesday, April 25, 2023 1:10 AM EDT
The Social Contract is broken not just by wealth inequality per se but by the illegitimate process of wealth acquisition.
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Even The Pros Get Market Timing Wrong
Article By: Tim Plaehn
Tuesday, April 25, 2023 12:16 AM EDT
Even with professional investors, herd mentality makes successful investing a daunting task. This year, prediction after prediction about a market decline, stocks have confounded the experts with solid gains.
In this article: RIET
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What To Expect Ahead Of Amazon's Q1 Earnings Release?
Article By: Zacks Investment Research
Monday, April 24, 2023 11:21 PM EDT
Amazon is scheduled to report first-quarter 2023 results on Apr 27.
In this article: AMZN
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Central Banks Use Of Credit Swaps To Stabilize Markets
Article By: Bruce Wilds
Monday, April 24, 2023 10:37 PM EDT
Central Banks have resorted to credit swaps as a major part of their effort to prop up the global financial system.
In this article: UUP
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Market Signals For The U.S. Stock Market And Indian Stock Market - Monday, April 24
Article By: Rajveer Rawlin
Monday, April 24, 2023 9:58 PM EDT
The S&P 500 was unchanged and the Nifty fell last week. Indicators are bearish for the week.
In this article: SPX Also: INDA
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ETFs In Focus Ahead Of Big Tech Q1 Earnings
Article By: Sweta Killa
Monday, April 24, 2023 9:21 PM EDT
We are in the peak of the first-quarter earnings season, and tech giants are in the spotlight this week and the next.
In this article: QQQ, MGK, IETC, FNGS, TCHP Also: AAPL, AMZN, MSFT, META, GOOGL
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USD/JPY Outlook: Currency Pair Of The Week
Article By: Fawad Razaqzada
Monday, April 24, 2023 8:37 PM EDT
With the new Governor leading the BOJ's policy decision on Friday and lots of data throughout the week, the USD/JPY outlook could be shifted significantly.
In this article: FXY, UUP
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Another Recession Warning: Leading Economic Indicators Plunge In March
Article By: SchiffGold
Monday, April 24, 2023 7:55 PM EDT
The Conference Board Leading Economic Index for the US fell by 1.2% in March. It was the 12th straight month of declines in the LEI.
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Fed Blackout Begins
Article By: Bespoke Investment Group
Monday, April 24, 2023 7:13 PM EDT
Saturday began the FOMC’s blackout period meaning there will be no communication from Fed officials for the next several days until the May 3rd meeting.
In this article: SPX
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