Category Finance

The USDCHF continues to experience volatile price action, with the current move testing a crucial downside target. After failing to break above the 38.2% retracement level of the decline from the mid-August high to the September low, the price has rotated back to the downside. The 38.2% retracement…

The economic woes for Germany are coming from every direction. High energy prices and competition from China are undermining its manufacturing and export-oriented economy. The problems at Volkswagen are apparently worse than previously assumed, according to Manager-Magazine. In the medium term, the number of employees in Germany alone…

The NASDAQ index is leading the way to the upside today with a gain of 490 points or 2.8% at 18064. The high price reached 18078.20. That took the index up 504.90 points on the day. At session lows today the price was still up 336.45 points. Although…

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It is the day after…. The day after the Fed cut rates by 50 bps. US stocks are sharply higher as a Fed initiated a floor at all-time highs in the Dow and S&P. HMMMM. However, the Fed sees it as a “recalibration” of rates after restrictive policy…

The major US stock indices are ripping to the upside after the after the Fed recalibrated rates by 50 basis points and projects two more 25 bp cuts before the end of the year. A snapshot of the market eight minutes into the open is showing: Dow industrial…

The Bank of America fund manager survey is always a good read as it offers up some indications on which trades are over-crowded and which ones are under-loved. This week’s survey showed improving global sentiment on soft landing optimism but a big rotation into defensives and things that…

Sector Overview The US stock market is experiencing a strong upward momentum today, with significant gains across major sectors. Notably, the technology and consumer cyclical sectors are posting impressive results. Key players like Microsoft (MSFT) are up by 2.23%, and Nvidia (NVDA) is surging with a remarkable 3.70%…