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Even before the softer-than-expected US inflation, we had been suggesting the dollar was in the process of carving out a significant high. Our strongest conviction was that sterling bottomed in late...
I have made many mistakes in my trading life and I’m sure I’ll make many more. My most recent mistake is one that I thought I had rectified in the past. This particular mistake is,...
After sifting through the weekend headline reels, editorials focused primarily on easing China and COVID restrictions. That positive news came hot on the heels of the US CPI on Thursday and gave risk...
How much is CPI, and how much is the trend formulating Fed-hike expectations? I may deepen my S&P 500 target to 2,700 Downward trajectory of dollar, gold interrupted Oil bulls face bearish...
U.S. retail sales, housing data, more earnings in focus Chevron stock is a buy amid ongoing energy sector rally Target shares set to struggle amid weak Q3 profit, sales Stocks on Wall Street rallied...
Bulls eye small pullback to consolidate gains Fed likely to step down on aggressive hikes, but talks of pause premature Bears need complete reversal of Thursday’s rally to re-establish...
US consumer prices at 9-month lows, suggesting smaller rate hike in December Contagion in crypto could be another boon for gold After gold tests $1,771, the next leg higher sits at...
Earnings season for the third quarter was better than expected for the S&P 500, with earnings and revenue both surprising to the upside. However, it is what comes next that is likely to weigh on...