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FTSE - Breaks Winning Streak But Still Set To Post Third Weekly Gain
Article By:
Patrick Munnelly
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Friday, May 17, 2024 11:13 AM EDT
On Friday, London stocks declined following the trend of global markets, as U.S. Federal Reserve officials suggested that interest rates could remain elevated for an extended period.
In this article: EWU
Silver Breakout May Lead To Historic Price Rally Says Joe Friday
Article By:
Chris Kimble
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Friday, May 17, 2024 10:10 AM EDT
Precious metals have been very strong over the past two years, with Gold breaking out of a historic bullish pattern. Is it time for Silver to do the same?
In this article: SLV
Why Retreat
Article By:
Monica Kingsley
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Friday, May 17, 2024 9:41 AM EDT
S&P 500 extended CPI advance, but was met with rejection – how serious is that? Too early to say whether that‘s the beginning of a protracted correction, but the procession of Fed speakers yesterday and today, must be taken into account.
Elliott Wave Technical Analysis: Texas Instruments Inc. - Friday, May 17
Article By:
Peter Mathers
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Friday, May 17, 2024 9:40 AM EDT
TXN is moving as expected within the impulsive wave structure. We are looking for at least equality of wave 3 vs. wave 1.
In this article: TXN
Electricity Demand Is Surging On The Back Of Data Centers
Article By:
Lance Roberts
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Friday, May 17, 2024 9:17 AM EDT
The price of electricity is surging. It has risen by about 8% annually over the last three years.
In this article: SPX
US Dollar Commentary - Friday, May 17
Article By:
James Harte
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Friday, May 17, 2024 8:52 AM EDT
Following the sell off on Wednesday, the US Dollar is busy recovering losses as we head into the weekend.
In this article: UUP
Gold And Silver: Silver Rose Above The $29.50 Level
Article By:
Finance Brokerage
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Friday, May 17, 2024 8:40 AM EDT
On Wednesday, the price of silver managed to break above the $29.00 level. After that, a recovery was observed until the new weekly high was formed at $29.84.
Elliott Wave Technical Forecast: Unlocking ASX Trading Success: Fortescue Ltd.
Article By:
Peter Mathers
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Friday, May 17, 2024 8:02 AM EDT
The analysis aims to provide readers with insights into the current market trends and how to capitalize on them effectively.
Copper Market Commentary - Friday, May 17
Article By:
James Harte
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Friday, May 17, 2024 7:07 AM EDT
The rally in copper prices has become one of the big sleeper trades of the year so far with copper futures rallying over 40% off the YTD lows and breaking out to new all-time highs.
In this article: COPX
Shiba Inu Whale Nets $3.2m, New Telegram Bot Token Offers Another Opportunity
Article By:
Invezz
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Friday, May 17, 2024 7:01 AM EDT
SHIB whale nets $3.2M profit after HODLing for 2.6 years. Bitbot trading bot emerges as an alternative opportunity with AI-driven trading. Bitbot is currently conducting its token presale with the BITBOT token currently going at $0.018 per token.
In this article: SHIB-X
Marvel Technologies Emerges Bullish Patterns
Article By:
Muhammad Umair, PhD
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Friday, May 17, 2024 7:00 AM EDT
Marvell Technology, Inc. faces formidable challenges and promising opportunities in the rapidly evolving tech industry.
In this article: MRVL
Daily Market Outlook - Friday, May 17
Article By:
Patrick Munnelly
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Friday, May 17, 2024 6:45 AM EDT
Overnight the Asian equity market showed a mixed performance. China's April data revealed conflicting economic trends, with industrial production growth surpassing expectations while retail sales growth unexpectedly slowed.
British Pound Extends Rally Against US Dollar
Article By:
ForexCycle
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Friday, May 17, 2024 6:30 AM EDT
The GBPUSD currency pair has broken out above the 1.2633 resistance level, rallying as high as 1.2700 in recent trading sessions. The bullish momentum shows no signs of letting up just yet, with the potential for further gains over the coming days.
Elliott Wave Technical Analysis: Cocoa - Friday, May 17
Article By:
Peter Mathers
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Friday, May 17, 2024 6:00 AM EDT
Unless cocoa prices rally sharply and surpass the 11732 high, the near-term outlook remains bearish.