The Big Picture: President Trump wants the United States to control Greenland, a huge Arctic island currently owned by Denmark. After the U.S. military operation in Venezuela, traders are asking: could this actually happen? And what would it mean for markets? What’s Actually Happening? President Donald Trump has been talking about acquiring Greenland on and…
Since the November ISM PMI reports painted a mixed picture of the U.S. economy, market watchers looked ahead to the December figures to hopefully gain more clarity. Instead, the latest batch of PMI readings further highlighted the diverging performance of the manufacturing and services sectors, giving an even more muddled outlook for U.S. recession odds…
Log in to today’s North American session Market wrap for January 8 The session is closing on a mixed note, painting a classic pre-NFP picture: choppy, directionless trading across most asset classes, but with a few very specific stories driving the undercurrents. One thing that stands out is Oil and Energy Markets, which are rising…
United States Consumer Credit Change below expectations ($10B) in November: Actual ($4.229B) Source link
🚨 Friday’s ruling by the Supreme Court on the legality of US tariffs could have a sharp but short-lived impact on stocks, bonds and even gold. I’ve read several simplified scenario analysis to the consequences of the ruling, but if you’re day trading then you must be aware of the legal nuances the Trump administration…
Oil has steadily climbed today, though not enough to recoup the losses on Tuesday and Wednesday. WTI crude is up $1.60 to $57.60, which is a nearly 3% gain and comes after yesterday’s decline to the lowest since December 17 and a threat of the five-year low set in December. WTI crude oil, daily It’s…
BofA shifts to neutral on USD/CAD as loonie hits fair value Source link
Silver as a strategic metal is no longer a speculative idea. It is becoming a structural reality. The energy transition is accelerating demand for materials that support electrification, renewable power, and grid stability. In that shift, silver as a strategic metal sits at the center of several critical technologies. As governments push clean energy targets,…
COP Keeps Its Long-Term Bullish Elliott Wave Structure Intact, with Strong Upside Potential Toward Key Fibonacci Targets. ConocoPhillips continues to show a strong long-term bullish trend using Elliott Wave analysis. The quarterly chart shows a clear impulsive rally from historic lows. The Right Side tag stays bullish as long as price remains above the invalidation…
NOC remains in a strong long-term bullish structure, but the Elliott Wave cycle looks mature and may retest recent highs before a deeper corrective phase begins. Northrop Grumman Corporation (NYSE: NOC) remains in a strong long-term bullish trend on the monthly chart. The stock has shown years of steady growth supported by a clear Elliott…