As investors looked forward to 2023 with caution and weighed hopes for economic growth, equities closed lower on Wednesday as US Treasury yields rose. China also eased COVID-19 restrictions amid concerns about rising incidences in the country. The benchmark 10-year Treasury yield rose for the third day in a row, reversing a decline earlier as Read More…
Following Wall Street’s post-holiday slump, Asian equities were mostly lower on Wednesday as investors count down to the end of a tough year. After easing its strict “zero-COVID” policy, the Chinese government boosted stocks in Hong Kong, Tokyo, Shanghai, and Seoul after taking further steps to resume overseas travel. The Chinese government announced a key Read More…
A quick summary of what 2022 has shown us and what we can take into 2023. A look into the importance of trader psychology. Technical analysis on various markets and a final note from Jay. What 2022 Has Shown Us 2022 has not been a year for the long-term investor. Traders with solid strategies and Read More…
US oil stockpiles dropped by 5.89 million barrels for the week ending on December 16. The demand for heating oil in the US is expected to skyrocket. There are concerns about demand brought on by China’s COVID-19 increase. On Thursday, Oil prices increased for the fourth day in a row as US crude, heating oil, Read More…
This month, the 10-year US Treasury yield reached its highest level in response to the BoJ policy tweak. Investors are baffled about how to interpret the BoJ’s policy shift. Single-family homebuilding in the United States fell to a 2-1/2 year low in November. Equities held steady on Wednesday after closing higher on Tuesday. The dollar Read More…
RTY has been stuck in a very wide range since May Bearish trend line, anchored vwap, lightsaber candle stick and thick support level analysis A look at a new indicator that utilizes fractals Quick Recap In our previous article, we analyzed the order block on the Russell and expected there to be a large amount Read More…
