Momentum Leads US Equity Factor Returns So Far In 2024
Will 2024 mark the return of the momentum factor to the performance spotlight? This risk premium’s star faded in 2023, but there are hints that a rebound may be brewing for this slice of the equity risk premium.
US Market Commentary - Thursday, Jan. 25
For now, EURUSD remains below the 1.0937 level. While below here, a test of the 1.0785 level is the next focus point.
Thoughts For Thursday: Indices Continue Climbing
The major stock market indices continued in their current climb upwards, yesterday as well, despite a small hiccup coming from the Dow. This despite a global backdrop that is not improving.
Comcast Reports Q4 Earnings With $31.25B In Revenue And $0.84 EPS
Comcast Corporation showcased a remarkable performance this quarter, surpassing analyst expectations with higher-than-anticipated earnings and revenue.
Can You Name The Most Successful Swing Trader Of All Time?
Swing trading is not everyone's cup of tea. What gives us hope, though, is this glimpse into the life of one of the traders whose historical successes serve as an example.
EURUSD Upticks Towards 50-period SMA Ahead Of ECB Meeting
EURUSD major is experiencing a moderate uptick towards the 50-period SMA (~1.091606) ahead of the ECB’s interest rate decision scheduled for later today.
XAU/USD Gold Price Analysis: When To Buy Gold?
The recovery of the US dollar brought new selling pressure to the gold market after the bulls failed to break above the resistance of 2038 dollars per ounce this week.
Crude Oil: Is The Next Price Surge Coming?
Some seasonal trends are counter-intuitive. The price of crude oil drops despite the start of the heating season in the fall.
Bitcoin Forecast: Bitcoin Continues To Wrestle With $40,000
If we break above that 50 day EMA, then I think the market may try to get to the $43,500 level and then eventually the $47,500 level.
The Climbing Limo And Fading Momentum
For example, let's say you wanted to predict how big the U.S. economy would grow to be over the next few quarters, but you didn't know anything more than what the nation's GDP was during the last few quarters.
Why Are Oil Prices On The Rise? Three Factors Worth Considering
Brent crude futures rose above $81 on Wednesday amid due to persisting conflicts in the Middle East, slump in US crude output, and China's fresh economic stimulus.
Is Copper Calling?
China is the largest consumer of copper globally. China's rapid industrialization and urbanization have contributed to its significant demand for copper.
Crude Oil Commentary - Thursday, January 25
The latest inventories report from the EIA yesterday recorded a heavy 9.5 million barre drawdown, far deeper than the 1.5 million-barrel draw the market was looking for.
Bitcoin And Ethereum: Bitcoin Above Support At $39500
All Bitcoin managed yesterday was to climb to the $40515 level. Yesterday’s attempt by the price of Ethereum to initiate a bullish recovery was stopped at the $2264 level.
Corporative Reporting Supports US Stock Indices
Optimism about the US economic outlook and strong corporate earnings results boosted stock prices on Wednesday.
EUR/USD Outlook: Euro Recovers As ECB Policy Meeting Looms
Investors eagerly awaited the US GDP report. The ECB will likely maintain steady rates. Markets currently indicate a 43% probability of a Fed cut in March, a notable decrease from 88% a month ago.
German Ifo Index Drops To Its Lowest Level Since 2020
Pessimism is now fully back in Germany as new supply chain disruptions and a train drivers' strike increase the risk of yet another quarter with a contracting economy.
The Commodities Feed: Gold Trades Softer On Lower Rate Cut Expectations
Gold is softer this Thursday as stronger economic data and positive sentiment in the broader financial markets have eased Fed rate cut expectations for the March meeting.
Eurozone Commentary - Thursday, January 25
All eyes are on the ECB today and on the back of recent commentary from policy makers, traders are widely expecting further pushback on rate-cut expectations.
Can The Market Euphoria Last?
In the absence of available savings, a new stimulus would be needed for the US consumer to maintain the same momentum as in 2023.