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Gold Cup & Handle Pattern Update
Video By:
Jordan Roy-Byrne
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Friday, September 30, 2022 11:23 AM EDT
Gold’s cup and handle pattern is broken from the standpoint of a potential breakout in the next 6 to 9 months that could launch it to the initial target of $3000.
August Personal Income And Spending: Major Downward Revisions Overwhelm Modestly Positive Monthly Grains
Article By:
New Deal Democrat
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Friday, September 30, 2022 11:12 AM EDT
This morning’s personal income and spending report for August was positive month over month both in nominal and real terms, but the major story was in the revisions.
Euro Area Inflation Jumps Towards 10%
Article By:
The Private Banker
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Friday, September 30, 2022 10:59 AM EDT
The Euro inflation rate rose towards 10% in September vs 9.1% in August. Forecasts pointed to a rise of 9.7%.
In this article: FXE
Bear Of The Day: Mohawk Industries
Article By:
Zacks Investment Research
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Friday, September 30, 2022 10:45 AM EDT
Mohawk Industries is a Zacks Rank #5 (Strong Sell) designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces.
GBP/USD Price Pauses Gains By 1.1200, All Eyes On US PCE
Article By:
Yohay Elam
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Friday, September 30, 2022 10:27 AM EDT
The GBP/USD pair reached strong resistance levels, so a sell-off is possible. The 1.1400 and the downtrend line represent strong upside obstacles. The up-channel could represent a bearish pattern.
Ripple’s XRP Rallies After Court Orders SEC To Produce Hinman’s Speech Documents
The US Economy Is In Recession. Inflation In Germany Hit Another Record
Article By:
JustMarkets
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Friday, September 30, 2022 9:27 AM EDT
According to the US Department of Labor, initial jobless claims for the week unexpectedly fell to 193,000, down from 209,000 the previous week. This is the lowest level in four months.
Bull Of The Day: Cracker Barrel Old Country Store
Article By:
Zacks Investment Research
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Friday, September 30, 2022 8:24 AM EDT
A recent earnings beat was not initially good enough for investors, causing the stock to traded lower. However, the stock came off its post-earnings lows as analysts raised estimates.
In this article: CBRL
NEO Elliott Wave Technical Analysis 30 September 2022
Article By:
Peter Mathers
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Friday, September 30, 2022 7:58 AM EDT
Bear Market Efforts The price tends to trade below the 7.97 level, and it This could be an opportunity to open a short position.but must not return above 9.64
Expected Rebound For US Economy In Q3 Fades
Article By:
James Picerno
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Friday, September 30, 2022 7:24 AM EDT
Today’s revised median points to a weak 0.6% increase for Q3 GDP, based on the seasonally adjusted annual rate. If correct, the estimate will mark the first positive quarterly economic report for the US in 2022.
Cisco Systems Inc. Elliott Wave Technical Analysis September 30 2022
Article By:
Peter Mathers
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Friday, September 30, 2022 6:59 AM EDT
We could be forming wave (iv) and I would expect it to be sideways as wave (ii) was a sharp correction.
In this article: CSCO
