Explore the latest Elliott Wave analysis for commodity markets, including insights on Bitcoin, gold, crude oil, natural gas, and more. Discover trends and trading strategies for USD, bond yields, silver, and uranium as we examine market stability...

The EUR/USD pair holds above the 1.0700 psychological barrier during the early Asian session on Wednesday. The weaker-than-expected US PMI data for April drags the Greenback lower and creates a tailwind for EUR/USD.

Stocks finished the day higher, with the S&P 500 up 1.2%, following yesterday’s advance.

US Purchasing Managers Index (PMI) figures printed much softer than expected, sparking renewed hopes of a weakening US economy forcing the US Federal Reserve (Fed) to begin cutting rates sooner than previously expected.

The Aussie Dollar recorded back-to-back positive days against the US Dollar and climbed more than 0.59% on Tuesday, as the US April S&P PMIs were weaker than expected.

Tesla (TSLA​​​​​​​) reported its Q1 earnings on Tuesday after the bell. Its earnings per share came at $0.45, lower than analyst estimates of $0.51. Also, the EV marker’s revenue declined by 9% to $21.3 billion.

Oil prices ended notably higher today after recovering strongly from overnight weakness.

SkyWest, Inc., through its subsidiaries, engages in the operation of a regional airline in the United States. It operates through two segments, SkyWest Airlines and SWC; and SkyWest Leasing.

Stocks continued moving higher in a relief rally from a short-term oversold condition.

Both the NQ and ES pushed higher and pushing resistance higher and supply initial evidence of the possibility of the indexes moving to new ATH's before the next cycle trough hits.

The stock market rally has been driven by implied volatility melting and rates and the dollar stalling out ahead of a big week of data to come.

The oil markets had a mixed day today.

Congratulations to Cathie Wood for losing $14.3 billion over the past decade, more than any other fund manager according to Morningstar.

The return of risk-on opens further upside to yields, although US data Tuesday was weak, and demand at the 2yr auction very strong.

Visa stock is currently down about 5.0% versus its year-to-date high.

Tuesday's economic data, however, revealed a cooling of U.S. business activity in April, hitting a four-month low due to weakened demand.

New reports say Apple has acquired the French startup Datakalab, presumably to bolster its on-device AI capabilities.

Operating income, decreased YoY to $1.2B in Q1, resulting in a 5.5% operating margin. YoY, operating income was primarily impacted by the following items.

We were excited about last week’s lows and for a good reason.

The Dow and Nasdaq both added triple digits today, the former notching its fourth consecutive session in the black, while the S&P 500 moved higher as well.