The USD/CAD pair extends its downside around 1.3730 during the early Asian trading hours. The downtick of the pair is backed by the weaker US Dollar Index (DXY) to 105.75.

The picture emerging from the Q1 earnings season continues to be one of steady improvement and resilience, with the earnings growth pace modestly accelerating and estimates for the coming periods starting to increase.

Markets surged today on Fed Chair Jerome Powell’s press conference, but markets could not hold those levels, and stocks fell to session lows by the closing bell on the S&P 500 and Nasdaq.

Korean inflation softens. Indonesia releases CPI inflation later.

Takeaway today seems to be that the Fed has no idea when it will be able to cut rates. Powell seems hopeful the policy will be tight enough to bring inflation back to target. If the market helps him and tightens financial conditions, it may be.

Wild and crazy day to say the least! Both the ES and NQ gave a nod and a push towards both the "A" and "B" versions of the preferred count(s). Neither came out the winner and I again am not handing out the winning ticket.

Musk prepares for growth by firing 10 percent of the staff, halting construction of gigafactories, laying off the entire supercharger team, scaling back, supercharger deployment, and even rescinding offers to interns.

Silver's price stayed firm at around $26.64 after the Fed decided to hold rates unchanged and Powell’s press conference.

West Texas Intermediate (WTI) US Crude Oil fell below $80.00 per barrel on Wednesday as US Crude Oil supply continues to overwhelm demand, and the US Federal Reserve (Fed) remains hobbled on the path forward toward rate cuts.

USDJPY plummets as the Japanese Ministry of Finance intervenes for the second time in two days after the initial intervention impact fades.

Gladstone Capital is a business development company (BDC) that has invested more than $2.5 billion in over 260 deals since it was founded in 2001.

While HYG is holding the 200-day moving average, real motion shows that momentum remains below and in a bearish divergence. Yet, according to our Leadership indicator, HYG slightly outperforms the benchmark.

This analysis attempts to look at different metrics to understand the current momentum in the gold and silver markets. It is meant as an analysis of potential price direction in the very short term (1-2 weeks).

Today was not a great day for bulls; what looked promising for all indices intraday, was cooked by the close. The percentage loss for the day was not the issue, it was the intraday spread that caused the problem.

Market participants clung to every word uttered by Chair Powell as risk assets whipped around in a frenetic fashion during the afternoon US trading session.

The markets rallied strongly after the Fed non-announcement today (an 80-handle move at one point)... only to fall right out of bed in the last 30 minutes or so of trading.

The U.S. stock market wrapped up April with losses, snapping a five-month winning streak and marking the market’s worst month of 2024.

eBay Inc (EBAY​​​​​​​) is in the red in extended hours today even though it came in ahead of Street estimates for its fiscal Q1. The stock is taking a hit primarily because the management failed to impress with its guidance.

Here’s Penn Entertainment (PENN) featuring the sparkling and zesty Dave Portnoy. This stock has destroyed about 90% of shareholder value since it peaked three years ago. I’m sure there’s more to come!

Starbucks shares plummeted by 16% during the early cash session, approaching the -16.2% level last seen during the Covid crash.