Newsquawk.com Week Ahead12th-16th August 2024: Highlights include US CPI and Retail Sales; UK CPI, Jobs and Retail Sales; Aussie Jobs; RBNZ; China activity data and Japan GDP MON: OPEC Monthly Oil Market Report; Japanese Market Holiday (Mountain Day), German Retail Sales (May), Indian Trade Balance (Jul) TUE: IEA Oil Market Report, Australian Wage Price…
On August 7, prominent trader and macro-economist Alex Krüger shared valuable advice for new traders on the social media platform X (formerly Twitter). His insights apply to both stock and cryptocurrency markets. Let’s break down his advice, explaining key concepts along the way. 1. The Power of Contrarian Trading Krüger highlights the potential profitability of…
A selloff that rocked equity markets around the world is clouding the outlook for investors looking to buy stocks on the cheap, as worries over the U.S. economy and disappointing tech earnings threaten more losses ahead. A two-day rout late last week left the S&P 500 nearly 6% from its July peak while the tech-heavy…
The financial markets were marked by significant turbulence this last week again, dominated by risk aversion. Evidence are surfacing that the US economy is heading for a recession, or even hard landing. Speculation is mounting that Fed might be compelled to implement aggressive rate cuts, totaling 75 basis points or even a full percentage point…
Stocks on Wall Street are slumping alongside bond yields on Thursday after more signals suggested the U.S. economy’s growth is slowing. The S&P 500 was down 1.4% in midday trading after weak data on U.S. manufacturing helped extinguish a morning rally of 0.8%. The Dow Jones Industrial Average was down 1.42%, and the Nasdaq composite…
How to Use Heikin Ashi Charts The prime concept behind the Heikin Ashi chart is that it is intended to filter out market noise. When you look at this chart, you ought to be able to get a clearer picture of what is really happening in the market without all of the fakeouts and…
French Election: How to Trade in a Political Market Geopolitical and political events can unnerve markets. While they are different animals, markets often react in the same way. From a trader’s perspective, the question is how to trade during these times. What they both have in common is that markets hate uncertainty. This is why…
The Dow Jones Industrial Average (DJIA) has given up all its ex-post US CPI intraday gains triggered by losses inflicted on the 10-year US Treasury Note futures. The ongoing weakness seen on the DJIA may act as a drag on the Nasdaq 100. Watch the 19,800 pivotal resistance on the Nasdaq 100 for a potential…
Global-view Trading Club Challenge As of this month , Global View is starting it’s Club dedicated to all traders : Newbie’s, Seasoned Veterans , Surfers, Hobbyists , Amateurs or Full time Professionals … To celebrate it’s birth, we are offering our first of many Trading Club Challenges. This challenge is for true daily traders!…
The recent phenomena of Nvidia Stock Mania have captivated the financial world, with Nvidia’s market valuation soaring to unprecedented heights. This article delves into the dynamics behind the AI Chip Market Surge and evaluates the Nvidia Market Valuation through a critical lens, spotlighting Nvidia AI Technology and the inherent Stock Market Bubble Risks. The Surge…