SPDR ETF Report For Thursday, January 4
In this video, Ira Epstein reviews the day's trading in various SPDR-ETF markets for the trading day just ended, Thursday, January 4.
Macro: Employment — ADP And Initial Claims — Strong Employment Continues
Initial Unemployment claims dropped by 18,000 to 202,000. This is the 4th lowest number of initial unemployment claims of the year. Today’s ADP release reported 164,000 jobs added in December. This was even better than the Jolts report yesterday.
USD/CAD Surpasses 1.3350 As US Treasury Yields Improve, Canada, US Labor Data Eyed
USD/CAD retraces its recent losses registered in the previous session, trading higher near 1.3360 during the European session on Friday
Nasdaq 100 Looking To Do Correction Within Bullish Trend
Nasdaq 100 shows a bullish sequence from October 2022 low favoring further upside. The rally higher from 10.13.2022 is unfolding as Elliott Wave leading diagonal
Cramer Reacts To Eli Lilly’s Telehealth Service For Weight-Loss Drug
Eli Lilly & Co was the talk of the market on Thursday after the pharmaceutical giant launched LillyDirect – a website that will enable patients to get prescriptions for its weight-loss drug directly from a telehealth provider.
The Commodities Feed: Bearish EIA Report
A bearish EIA report saw oil giving back some of its gains made earlier in the week. Meanwhile, nickel continues to come under pressure with fundamentals set to remain soft through 2024
Financial Markets Report For Thursday, January 4
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, January 4.
Insiders Are Buying These 3 Stocks
Market participants closely follow insider activity, as the transactions can reflect current sentiment surrounding the trajectory of the business. Of course, investors also typically get a confidence boost upon seeing an insider swoop in for a buy
"Early Signs Of Rebound": Manhattan Home Prices Rise For First Time In Year
For the first time in a year, Manhattan home prices in the fourth quarter rose as homebuyers came off the sidelines after the Federal Reserve's pivot led to a plunge in mortgage rates
GBP/USD Rises Toward 1.2700 Ahead Of US Nonfarm Payrolls
GBP/USD continues its winning streak for the third successive day, trading higher around 1.2690 during the Asian session on Friday. The Pound Sterling gained ground possibly on the improved data released on Thursday from the United Kingdom.
Index Reflections
In this article, let's stroll through eight major index charts while I share a few words about each.
Asia Morning Bites For Friday, January 5
Asia regional CPI inflation due while markets wait for US payroll data