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Daily Market Outlook - Friday, April 26
Article By:
Patrick Munnelly
Friday, April 26, 2024 4:13 AM EDT
Asian equities saw gains today following strong US tech earnings, rebounding from yesterday's sell-off in both US equities and bonds triggered by Q1 GDP data showing slower growth and stronger inflation than anticipated.
Daily Market Outlook - Thursday, April 25
Article By:
Patrick Munnelly
Thursday, April 25, 2024 8:15 AM EDT
Asian stock markets are trading with mixed results on Thursday, following the uncertain signals from Wall Street overnight as META earnings failed to impress afterhours causing a late selloff.
Daily Market Outlook - Tuesday, April 23
Article By:
Patrick Munnelly
Tuesday, April 23, 2024 5:30 AM EDT
On Tuesday, most Asian stock markets are experiencing gains, influenced by the positive performance of global markets and a reduction in concerns about a larger conflict in the Middle East.
Chart Of The Day – Golden Cross
It's all about time frames, of course. So if you check the monthly chart with the same moving averages, the 50 has passed down thru the 100 for the 1ST time in at least 14yrs (as far back as TOS goes on the /GC)
Check $XAU, the 50 break down is more pronounced and price has just lost the 50 after breaking up thru it.
Time frames...