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As we move into September, the stock market's uptrend, which began in early 2023, continues to hold firm despite experiencing a series of routine corrections. In last month's newsletter, I discussed...
August ended on a positive note. Friday’s data showed that the US PCE and the core PCE index stagnated near the levels printed a month earlier instead of a small uptick. Personal spending rose more...
All eyes on US core PCE and consumption as bets for 50-bps cut stall Dollar is headed for weekly gains but Nasdaq has a disappointing week Euro on the backfoot as soft Eurozone CPI cements September...
Well, it looks like the day before yesterday’s implied volatility ramp higher came back to bite the market yesterday. The early IV crush in the VIX 1D went from 21 to 11, sending the S&P 500...
Wednesday’s trading session brought declines for the stock market, but overall, the market remained within its short-term consolidation. The S&P 500 index lost 0.6% after rebounding from the...
For those new to our work, we primarily use the Elliott Wave Principle (EWP) to forecast the financial markets, such as the Nasdaq 100. The EWP allows us to identify the path the market can most...
The S&P 500 and Nasdaq 100 are trading cautiously ahead of Nvidia earnings and US PCE data. Nvidia’s earnings this week could significantly impact the AI sector and set the tone for the stock...
Stocks extended their short-term consolidation on Monday, with the S&P 500 index closing 0.32% lower after reaching a new local high of 5,651.62. This was just 18 points below the July 16 record...
It was a quiet day in the markets yesterday, with the S&P 500 slipping about 0.3% and the Nasdaq 100 down 1%. Investors appear to be in a holding pattern, awaiting Nvidia (NASDAQ:NVDA) results on...
The S&P 500 remains in an uptrend despite a recent pause. The index could head toward the all-time highs in case of a bullish open. Nasdaq 100, which ended yesterday lower, will look to rebound...
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