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• U.S. jobs report, Fed FOMC Meeting minutes will be in focus this week. • AMD is a buy as it gets ready to showcase its next-gen GPU at CES 2025. • Constellation Brands is a sell with downbeat...
Traders brace for a cautious start to the year as markets look for direction post-holidays. Key technical levels on major indices could signal the next big move amid subdued volatility. Economic...
For those new to our Elliott Wave-based analyses and as a reminder to our regular readers, we have been tracking an ending diagonal (ED) pattern for the Nasdaq 100 for over a month. In our previous...
The S&P 500 rallied by about 75 basis points yesterday, but it remains a market with weak breadth. Breadth was notably weak in the morning, though it improved slightly as the day progressed....
I never thought someone would label me a “Permabull.” This is particularly true of the numerous articles I wrote over the years about the risks of excess valuations, monetary interventions, and...
The Fed's hawkish tone has rattled markets, setting a cautious tone for year-end trading. Key support levels on the Nasdaq 100 and S&P 500 could dictate the next big moves. Reduced holiday...
In the UK, with Black Friday sales to be included in the December release which will also capture festive season trading, it will be January before a meaningful assessment of the consumer can be...
The US Dollar Index is up over 6% this year, almost all attributable to a post-election surge. As many developed nations show stagnant economic growth or even contraction, the U.S. economy continues...
In the UK, any Santa rally remains notable by its absence. The premier index slipped once more, led by weakness in the oil majors and most of the mining sector as prospects for the Chinese economy...
The UK will be subject to an interest rate decision this week. On Thursday, preceded by an inflation report and a retail sales update, the Bank of England is expected to leave rates unchanged despite...
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