72754 posts by admin

Photo by BoliviaInteligente on Unsplash  Because Nvidia (NVDA) shares account for about 5.3% of the S&P 500 and around 8.5% of the Nasdaq Composite, its beat and raise quarter is lifting equity futures this morning. Nvidia also declared a 10-to-1 stock split effective June 7.

Read more

Image Source: Pexels  Overview:  The dollar was aided yesterday by the hawkish FOMC minutes and the backing up of US rates. The greenback has stabilized today and is softer against all the G10 currencies. The stronger eurozone PMI masks divergence between Germany

Read more

ASX: LIGHT & WONDER INC. – LNW Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with LIGHT & WONDER INC. – LNW. We determine that LNW is developing under wave ((ii))-green and may end

Read more

May 23, 2024

Asian Stock: Makalot Industrial

Written by Posted in Uncategorized Comments 0

TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: Makalot Industrial Company LimitedBloomberg ticker: 1477 TTMarket cap: US$2,928mBackground: Makalot Industrial Company Limited is a Taiwanese group engaged in the manufacturing of

Read more

Image Source: Unsplash  GBP/USD above 1.27 as the country gears up for an election The PMI announced a general election on July 4th UK composite PMI eased to 52.8 from 54.1 in April USD slips amid risk on trade & despite

Read more

May 23, 2024

UK Market Commentary – Thursday, May 23

Written by Posted in Uncategorized Comments 0

Photo by Colin Watts on Unsplash   USD Rally Stunts GBPUSD RiseThe rally in GBPUSD has stalled into the back end of the week amidst an uptick in USD on hawkish Fed commentary and weaker-than-forecast UK data.  On the Dollar front, hawkish commentary from

Read more

May 23, 2024

Teen Jobs Dip In April 2024

Written by Posted in Uncategorized Comments 0

The employment situation for U.S. teenagers dipped slightly in April 2024. The seasonally adjusted number of 16-19 year olds counted as having jobs decreased from the previous month’s total by 23,000 (or 0.4%) to 5,839,000. That’s just under a third

Read more

Image Source: Pexels  The US stock indices closed moderately lower on Wednesday, with the Dow Jones Industrials Index falling to a 1-week low. At Wednesday’s close, the Dow Jones Industrial Average (US30) decreased by 0.51%, while the S&P 500 Index (US500) was down 0.27%. The Nasdaq Technology

Read more

Dogecoin chart analysisThe dogecoin price has been facing some resistance since this morning at the 0.16550 level. Our focus is on maintaining a position above the EMA50 moving average, a crucial indicator for potential growth. The current market conditions suggest a possible

Read more

May 23, 2024

These AI Stocks Have Momentum Up And Down

Written by Posted in Uncategorized Comments 0

Photo by Steve Johnson on Unsplash  You can produce consistent gains by rigorously buying and selling stocks using the relative strength index (RSI). Let me explain.  What Is the Relative Strength Index?The relative strength index or RSI as described by Investopedia is “A momentum indicator that measures the

Read more