Global equity markets are selling off hard this morning as the probability of more rate hikes increase. The real action is in the bond markets as yields are rising….
Market Moment
Silver (XAGUSD) remains consolidated after making a one leg down move with the price breaking below $24.50 and then retesting this breakdown zone. This move lower was not a…
Gold and other precious metals were rocked last week and have broken below critical technical levels as the likelihood of a Fed soft landing diminish and the likelihood of…
Cameco is on a run due to uranium’s good fortune. In previous uranium articles, I spoke about how the technical charts were hinting at some downside. This did occur…
What a month it has been for US stock markets. US markets have been in hard rally mode since June 1st 2023, with the Nasdaq seeing its rally begin…
While US stock markets, European stock markets, and many other Asian stock markets continue to chop around and range, one market in Asia is on a tear. Japan is…
Home Depot (HD) reported fiscal first quarter 2023 earnings which mostly missed estimates and has raised concerns that the consumer is being tapped out. Put it another way in…
This year, one of the largest sector momentum trades was/is AI. The US markets saw AI stocks pop to kick off 2023. Take for example C3.ai under the ticker…
Well what developments in the past 24 hours. Investors and traders were anticipating the Federal Reserve meeting. A 25 basis point hike was expected along with some statement hinting…
Last week, I warned readers that the banking headlines were not over. US regional banks saw their deposits drop as they released Q1 earning reports. Many customers have been…