Recap The last time we looked at Gold, we saw the price approaching all-time highs. The market is still hovering around the same level as from the time that article was posted back on April 11th. From here, we can look at what we see could be the best path forward regarding the price action in GC. Read More…
US equities shuffled to a mixed close on Monday, with interest rate-sensitive momentum shares weighing on the Nasdaq. Investors prepared for a week of significant quarterly results and eagerly awaited economic data. Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut, stated, “People are unsure about what this week holds, especially regarding earnings. Read More…
Technical analysis NQ has begun a small consolidation move for the past few days. It appears the pullback may be in or the market could also be forming a flag at the moment. There are trade opportunities, but we need to be mindful that if we do go long in this market that the pullback Read More…
Introduction Today we look at the Dollar index because it has a widespread effect on all markets. Generally, when the Dollar rises in value, stocks fall, and vice versa. It also drastically affects the Oil and Gold charts. Let us take a look at the technical formations that can give us a better idea of Read More…
Equities in the US and Europe made some gains on Tuesday as the first-quarter earnings season started. The S&P 500 scraped out a tiny gain thanks to the resilience of a few large technology firms, which helped offset weaker-than-expected quarterly results from Johnson & Johnson and Goldman Sachs. Shares of healthcare firm J&J dropped 2.8% Read More…
Technical recap In our previous article, we looked at the fact that it was difficult to make a call on the direction of CL futures. It is sometimes just a better option to do nothing than force things. This is something we must learn in trading and investing, or else we take the ego-based, fight-or-flight Read More…
