The European Central Bank (ECB) raised interest rates for the first time in 11 years. The market expected this as the ECB has been signaling a July rate hike…
Vishal Toora
The cost of living increased at its fastest pace in decades. Canadian inflation hit 39 year highs of 8.1%. Gasoline was the biggest single contributor. If gasoline was stripped…
Earnings season is well upon us! Netflix was one of the most anticipated given the epic gap downs the last two earnings have caused. If you recall, back then…
Have US stock markets bottomed? From a technical analysis perspective: yes, there is a very good chance they have. From a fundamental perspective: it gets complicated. If we consider…
I didn’t think this was something I was going to say soon, but the technicals are indicating that it is just about time to go long European equity indices….
Rejoice Ethereum and cryptocurrency fans. Add in equity bulls too. From a technical analysis perspective, these markets are displaying reversal setups. Ethereum is more advanced, triggering its confirmation over…
The US markets are still reeling from the ‘shocking’ CPI numbers for the month of June. US inflation is not showing signs of peaking as CPI soared 9.1% from…
Oil is currently testing a critical support level! But it isn’t just this commodity. With the market fearing a Fed 1% rate hike later this month, and earnings season…
US CPI beat market expectations. Estimates were pegged at June inflation coming in at 8.8%. Instead, inflation came in sizzling at 9.1% from a year ago. Excluding food and…
Summer tends to be slow for markets. But this time it feels different. With all the headlines of inflation and interest rates, traders knew this July was going to…