Nvidia has rallied during the trading session here on Tuesday to break above the crucial $184 level as the breakout that has been somewhat obvious now has finally come to fruition. Volume has picked up just a bit during the trading session as well, so that obviously helps. And as you can see, NVIDIA has…
Gold has gone back and forth during the trading session here on Tuesday as it looks like we are running out of momentum at the moment, but it’s worth noting that we fell pretty significantly and then turned around. So maybe that was enough to get people interested in buying gold. I don’t know. I…
High valuations, contracting profit margins, and shareholder value destruction are hidden by the current rally. Will bearish pressures force a sell-off?
The euro has rallied against the US dollar But it’s continuing to struggle with hanging on the gains at this point it’s very interesting to see how things have played out because the Federal Reserve cut interest rates and That was the top of the euro against the US dollar at least so far with…
The German index has rallied a bit during the trading session on Tuesday as the markets continue to hover around the 50 day EMA. The 24,000 euro level just above is a bit of a large round psychologically significant figure and a barrier. So, with that being the case, I think if we can get…
The US dollar has seen a bit of drifting to the downside in the USD/MXN pair. The Mexican peso has be gaining against the US dollar for some time, as we have been in a downtrend. The interest rate differential favors Mexico, so this makes sense from trend standpoint. This trend has been fairly reliable…