Gold-to-Silver Ratio Heading Lower – Setup Like 1989-03
Fear is starting to become an issue. Traders are starting to realize inflation, CPI, PPI, and global currencies are reacting to the sudden policy shift by the US Fed and…
Read More »Earnings Season Preview: Morgan Stanley
Earnings season has kicked off and one of the major players in the banking industry, Morgan Stanley (NYSE: MS), will be releasing its earnings results for the second quarter on…
Read More »Saudis say they’ll pump more oil if Russian output falls – oil price falls
Reuters headline reports on a Financial Times piece reporting on what the Saudis will do if Russia trims its production of crude. FT is gated but the report is here…
Read More »Stock Market Overview for the Week of May 2, 2022
US stocks continue their weakness this week, with the S&P 500 touching down at $4136, sitting right at its significant support level established in mid-March. Volatility is elevated again near…
Read More »Stock Market Overview for the Week of May 2, 2022
US stocks continue their weakness this week, with the S&P 500 touching down at $4136, sitting right at its significant support level established in mid-March. Volatility is elevated again near…
Read More »European Union to propose a ban on Russian oil by the end of the year
Bloomberg (gated) have the report, citing ‘people familiar with the matter’: European Union is set to propose a ban on Russian oil by the end of the year, with restrictions…
Read More »USDCNH under Pressure
The USDCNH has been trading in a restricted price range throughout 2022 between 6.3045 – 6.4096. Like other currency pairs, investors’ interest in these intersections is determined by trend conditions,…
Read More »US Weekly Claims shows more job market tightness
In the week ending April 2, the advance figure for seasonally adjusted initial claims was 166,000, a decrease of 5,000 from the previous week’s revised level. The previous week’s level…
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