Wednesday, April 24, 2024

No More Inflation? Lumber, Oil and Copper Prices Fall as the Fed Gets Hawkish

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Inflation was a major story this spring as lumber and used cars spiked in value. Now the trend seems to be fading as the...

Big Fish ‘Hodling,’ Brazilian Interest, ETF In the Works? Why Bitcoin Jumped Today

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Bitcoin flew back above $55,000 today on renewed hopes of the digital asset becoming a mainstream store of value. No single event triggered the move....

Bears Could Be Targeting the U.S. Dollar Again. Check Out Today’s Technical Analysis

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The U.S. Dollar has been stabilizing all year, but now the bears may be returning to their old hunting ground. Several features have appeared on...

Charting Silver: Is It Groundhog Day for the White Metal?

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Silver began a monster rally about a year ago. Now the technicals could be lining up similarly. First, consider how XAGUSD dumped after hitting resistance...

Is Energy’s Long-Term Downtrend Resuming?

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Energy stocks have rallied since November, but signs of exhaustion could be appearing. The SPDR Energy ETF (XLE) fell more than 3 percent today and...

Chart of the Day: U.S. Dollar Is Breaking Major Levels

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While everyone is focused on the meltdown in technology stocks and bond prices, the U.S. dollar is hitting even more historic levels to the...

What Are the Top Contracts for Futures Traders?

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(This post was updated March 20, 2023.) Futures are derivatives that track products like the S&P 500, crude oil, Treasury bonds and gold. Traders use futures...

Is Inflation Peaking? Here Are Some Signs Prices May Be Cooling

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Inflation has plagued the stock market all year, especially with two searing reports last week. But there could be signs of the price spiral...

Stocks Make a 3rd Monthly Record as Buyers Rotate Away from Growth

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Stocks hit a new record for the third straight month in March, but there was significant rotation away from growth names and technology The S&P...

Is Inflation Making a Comeback as the Fed Looks to Cut Interest Rates?

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The stock market has been optimistic about inflation since late 2023, but price pressures may be returning as the Federal Reserve considers interest-rate cuts. The...
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