582 Articles 2 Followers
22 Dec 2021 1 minute read 1 comment FX Empire
Risk assets are peering from behind the risk-off curtain that blanketed markets in recent sessions. Market participants are given some respite from Omicron fears, hoping that the global economy could still take in stride Omicron’s eventu...
20 Dec 2021 2 minute read 0 comments FX Empire
The market breadth prompted a red flag by showing a breakdown before the stock market crashed in 2018 and 2020, resulted a drawdown between 20-35% off the peak, as shown in the comparison chart between S&P 500 (SPX) and the market breadth below. ...
18 Dec 2021 2 minute read 0 comments RocketEnthusiast
On the December 16, 2021 episode of "Mad Money," Jim Cramer said of the continued SPAC craze: “The SPAC deals keep coming because they’re a great way for institutional money managers to get a guaranteed return, but everybody else in the process gets...
16 Dec 2021 1 minute read 0 comments FX Empire
The dollar is poised to break out which would put pressure on the yellow metal. Gold prices moved lower in the wake of the Fed decision. The dollar is poised to break out creating a bull flag pattern. Yields also moved higher across the interest...
15 Dec 2021 4 minute read 1 comment FX Empire
I find it interesting that so much speculation related to the US Federal Reserve drives investor concern and trends. In my opinion, the US Federal Reserve has been much more accommodating for the global economy after the 2008-09 US Housing Mark...
13 Dec 2021 1 minute read 1 comment Messin' With Cryptos
AMC came out with a press release last week that they're offering a free NFT to all their stockholders: If you ask me this is a pretty awesome thing they're doing, and I love going to the movies so I hopes that this helps AMC dig themselves out of...
13 Dec 2021 6 minute read 1 comment FX Empire
Without looking… Think quick! What is the price of Gold right now? (HINT: If you read last week’s missive, you already know the answer). “Uhh gee, mmb… in the 1780s?” Spot-on there, Squire, for the simplest reason that the pri...
13 Dec 2021 2 minute read 0 comments FX Empire
Last week S&P 500 index (SPX) closed at an all-time high despite the stock market breadth continued to deteriorate, only 42% of stocks are above 200-day average, as shown in the comparison chart below. SPX Daily Chart Based on...
13 Dec 2021 1 minute read 0 comments FX Empire
It’s a quiet start to the week, with no majors stats to provide direction to the ASX200. The lack of stats will allow the markets to respond to U.S inflation figures from Friday as the markets look ahead to the FED policy decision and projections. ...
12 Dec 2021 1 minute read 3 comments FX Empire
Ethereum has outperformed Bitcoin by a country mile in the last seven weeks, holding closer to November rally highs. Ethereum (ETH) has outperformed Bitcoin (BTC) by a country mile in the last seven weeks, holding much closer to November rally...
