Wave II correction appears to be over at the 81.485 level and the price is likely to be bullish again. We are looking at a five-wave increase to support this idea

The GBP/USD pair attracts some dip-buying during the Asian session on Wednesday and for now, seems to have stalled the previous day's sharp pullback from the vicinity of the 1.2700 mark, or over a one-week top

Apple made a new all-time high on December 14, 2023, at 199.62. Down from there, a correction is in progress with an internal subdivision as a double three Elliott Wave structure

In this video, Ira Epstein reviews the day's trading in various SPDR-ETF markets for the trading day just ended, Tuesday, February 13

If economists and Wall Street are correct and the Fed lowers rates several times this year, bond prices will soar, because they move in the opposite direction of interest rates

Counter to the hot CPI print today, there was a 3 percentage point drop in January in the share of businesses saying inflation is their biggest problem

Yesterday’s stronger-than-expected US CPI print put significant pressure on gold, while oil managed to edge higher with signs of some tightening in the market

Remember the retail store Children’s Place? I sure do. Anyway, it’s getting destroyed.

Well, we saw it happen in real time ahead of the opening bell today: modest selling in pre-market activity gave way to a mid-three-figure sell-off on the Dow, which was in-line with the S&P 500’s selloff by the closing bell

While technology stocks continue to dominate headlines thanks to their strong performances, the sector hasn’t been alone in producing big-time winners over the last year

In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, February 13.

The USD/CAD pair gains traction for the second consecutive day during the early Asian session on Wednesday. The uptick of the pair is bolstered by the US January Consumer Price Index inflation data, which lifts the US Dollar and bond yields higher

The AUDUSD pair has made a decisive move, breaking below the key support level of 0.6468 after trading sideways between 0.6468 and 0.6543. This breakdown raises questions about the pair’s future direction

Sweden-based Elekta AB develops, manufactures, and distributes treatment planning systems for neurosurgery and radiotherapy, including stereotactic radiosurgery and brachytherapy. Its share price increased about 16.8% as of Tuesday’s market close

Dollar and Yields higher and Bonds lower. Gold and silver will now be under downwards pressure, with higher dollar.

It is a relatively quiet day for macro in Asia, though the focus will be on Indonesia which holds national elections

Amazon’s billionaire founder Jeff Bezos has sold another $2bn worth of the company’s stock, bringing the total value of shares he has offloaded in the past week to $4bn, according to regulatory filings

It's worth emphasizing that the Fed shouldn't cut rates in this scenario. Core inflation is double the target, highlighting the dire situation for policymakers.

The long-suffering precious metals bulls have got it even worse now. Even the descending trendline for the metals miners has been broken

Inflation swaps won again, with today’s CPI report coming in at 3.1% y/y versus the median analysts’ estimates for 2.9%, while inflation swaps were looking at 3%.