ISM Services Rebound, But Continue To Track Weaker Than Official U.S. Data
The disconnect between very strong official economic data, such as non-farm payrolls and GDP growth, and third-party private data sources remains very wide.
Key Events This Week: CPI Revisions, ISM, And SLOOS
After last week's epic central bank/payrolls/QRA/earnings juggernaut, there's not a lot of US data this week, as is usually the case immediately post payrolls.
What’s Next For Conoco Phillips?
Although bulls showed some strength in the first half of the previous week, they didn’t manage to hold gained levels, which translated into a pullback and a closure below the lower border of the very short-term consolidation.
Death Cross Alert
TSLA’s stock price has been dropping. And shares could have much farther to fall as the company’s fundamentals deteriorate.
AMC Stock Price Forecast: High-Risk And High-Reward
The company faces major headwinds ahead.
Extremely Thin Market, MCD CAT Earnings
The most important thing to understand about this market is how thin participation in the rally is.
Horrible Market Action But Bears Carried Out On A Stretcher
It looks like the 2-Year Treasury Note is bottoming and wants to rally to at least 4.5% to 4.6%.
Dow Plummets on Rising Bond Yields, MCD Earnings
Fed comments over the weekend are raising rate-cut concerns.
A Banking Crisis Is Quietly Brewing
The Federal Reserve’s most recent policy statement came with a curious omission. Fed officials removed language from previous statements that proclaimed “the U.S. banking system is sound and resilient”.
FTSE Gives Up Early Gains To Start The Week In The Red
The blue chip FTSE 100 index started the week with increased strength, however, many investors remained cautious and the early gains were reversed leaving the blue chip index down 0.32% on the session.
MicroMarvel: MacroGenics Confuses Wall Street
MacroGenics, Inc., a biopharmaceutical company, develops and commercializes antibody-based therapeutics to treat cancer in the United States.
How To Handle Trading Mistakes In A Bull Market
When we invest our emotions along with our money, we open up the prospect of making trading mistakes and losing for the wrong reasons.
ISM Services Accelerates, But Prices Surge Most In 11 Years
S&P Global's ISM Services survey rose from 51.4 in December to 52.5 (final) in January (but declined from the 52.9 flash print for January).
EUR/USD Forex Signal: Bearish Price Channel
EUR/USD shows bearish momentum within a price channel, with possible support at $1.0774. Eye short trades at resistance; key levels to watch include $1.0807 and $1.0828, aligning with ISM data release.
AUDUSD Signal: Aussie Continues To Test Bottom Of Range
Potential Signal: I am waiting for this thing to break out one way or the other. On a drop below 0.65 (daily close) I am aiming for 0.6350 with a stop at 0.6575.
Market Signals For The U.S. Stock Market And Indian Stock Market - Monday, Feb. 5
The S&P 500 and the Nifty rose last week. Indicators are bearish for the week.
Are US equities at risk for a major reversal?
The US rate market has been reluctant to reprice rate expectations.
The Energy Report: Something In the Air
Oil prices are falling after a reversal in the odds for rate cuts that overshadowed geopolitical risk factors that seem to be boiling over.
Amazon Stock Nears 52-Week High and is Likely to Surge Past It
Amazon's recent quarterly earnings have catapulted its stock to near 52-week highs, thanks to standout performances in cloud computing and advertising sectors.
Commodities Wedge Pattern Should Lead To Huge Move
During the COVID pandemic, commodity prices soared. And this led to a bout of inflation that we hadn’t seen in years. But commodity prices have leveled off and this has helped to keep inflation in check.