Besides Nvidia carrying the Nasdaq, the other major US indices have been a bit shaky. We will jump into the charts below. And as usual, the prime suspect is…
Finance
It was eventful last week with the FOMC rate decision and US NFP (employment data). And I apologize, but once again this is all about the most important question…
At time of writing the US stock markets are green for the day in an attempt to end four red days in a row. However, the green is slowly…
You know I was hoping to enjoy this weekend off from charts, but I could not help myself. Many traders, even just for curiosity, had their eyes glued on…
In Q1 2024 everything was moving up on interest rate cut bets. Q2 2024 has started off sour. It seems rate cut hopes keep getting pushed down further. The…
By gawd they did it. They actually did it. The Bank of Japan (BOJ) has finally raised interest rates for the first time in 17 years. Ending the world’s…
US inflation ticked up in February 2024 driven by higher rent and gas prices. The current market narrative is that, “stock markets are rising because investors are betting that…
Gold prices against fiat currencies are printing new all time record highs. The only pairing which has not yet printed record highs is gold against the Swiss Franc, but…
Hold up Bitcoin! Gold wants to join in on the party! Gold futures for April have hit $2,126.30 per ounce, the highest level dating back to the contract’s creation…
Bitcoin has topped $57,000 for the first time since 2021. And from a technical perspective, the world’s largest cryptocurrency is on the path to printing new all time record…