Gold (XAU/USD) and Silver (XAG/USD) Reach New Highs as DXY Approaches 105.00
Gold (XAU/USD), Silver (XAG/USD) Print Fresh Highs as the DXY Eyes 105.00 Most Read: S&P 500, Nasdaq 100 – US Indices Eye Recovery as Earnings and Yields Weigh on Markets Gold prices have smashed through the 2750 handle despite the US Dollar continuing its advance. The precious metal has attracted bids with some believing this […]
Pre-Markets Dip Amid Q3 Earnings Reports from Boeing, Coca-Cola, and Others
Pre-Markets Trade Down on Q3 Earnings from Boeing, Coke and More Wednesday, October 23rd, 2024 Pre-market futures are on a downward tack ahead of today’s open, following a mostly flat session on Tuesday. At this hour, the Dow is -237 points, -0.55%, the S&P 500 is -0.32% and the Nasdaq is down -87 points, -0.42%. […]
Gold Technical: Bullish Momentum Strengthened by the “Trump Trade”
Gold Technical: Bullish acceleration in progress reinforced by “Trump Trade” This is a follow-up analysis of our prior report “Gold Technical: Poised for a potential bullish breakout as US CPI looms” published on 11 September 2024. Click here for a recap. Since our last publication, the price actions of Gold (XAU/USD) have staged the bullish […]
Weekly Market Outlook: PMI Data and IMF Meeting Take Center Stage
Markets Weekly Outlook – PMI Data and IMF Meeting Dominate the Agenda Read More: Gold (XAU/USD) Price Smashes Through $2700/oz – Further Gains Ahead? Week in Review: US Earnings Surprise and Gold Hits Fresh Highs The week drew to a close with fresh highs for the S&P 500 and Gold while US earnings continued on […]
If I Could Only Invest in One Stock Right Now, It Would Be This Stock-Split Winner.
If I Could Only Buy 1 Stock Right Now, This Stock-Split Stock Would Be It. There are plenty of reasons to buy this technology stalwart, and only one reason not to. The past few years have marked a renaissance in the popularity of stock splits. The practice was commonplace during the 1990s but had fallen […]
Gold Price Surges Past $2700/oz – What’s Next for XAU/USD?
Gold (XAU/USD) Price Smashes Through $2700/oz – Further Gains Ahead? Most Read: S&P 500, Nasdaq 100 – Wall Street Indexes Rise as TSMC Leads Chip Stock Rally, Where to Next? Gold prices advanced further overnight gaining acceptance above the $2700/oz as global rate cut bets intensified. The killing of Hamas Political Bureau leader and of […]
ASML Stock: Should You Buy, Sell, or Hold?
ASML Stock: Buy, Sell or Hold? The semiconductor equipment maker doused hopes for a quick recovery in 2025. ASML‘s (ASML 1.96%) stock plummeted 16% on Oct. 15 after it accidentally posted its third-quarter earnings report a day ahead of schedule, and the numbers weren’t impressive. The Dutch semiconductor equipment maker’s net sales rose 20% year […]
Gold (XAU/USD) Price Forecast: Mixed Signals from China Stabilize Gold Prices
Gold (XAU/USD) Price Outlook: China Sends Mixed Signals Keeping Gold Prices Steady Most Read: Markets Weekly Outlook – ECB to Deliver 25 bps Rate Cut? Bank Earnings in Focus Gold prices held steady this morning as weak Chinese data renewed market concerns and led to a risk-off start to the week. The Chinese data is […]
US Stocks Hover Near Record Highs as Oil Prices Decline
US Stocks Remain Steady at Near Records as Oil Drops U.S. stocks remained steady at near record levels on Tuesday after several big banks delivered stronger profits while the price of crude oil dropped. The S&P 500 rose slightly, up 0.1 percent in early trading, just one day after hitting a new all-time high for […]
Brent Crude: OPEC+ Revises Forecasts Amid Declining Chinese Imports, Prices Steady Above $78/Barrel
Brent Crude – OPEC + Cuts Forecasts Again as Chinese Imports Fall, Brent Holds Above $78/Barrel Brent oil prices have recovered to $78.30 despite OPEC+ downgrading demand growth forecasts and falling Chinese imports. China’s oil imports fell for the fifth consecutive month in September stoking demand fears. OPEC+ revised its global oil demand growth forecast […]