Market Overview

U.S. stocks are on track to end 2023 on a high note amid bets the Fed is all done raising interest rates. 2024 is just around the corner, and despite the upbeat mood, a plethora of risks loom ahead...

Stocks rallied again, achieving even more extended levels, with the S&P 500 RSI rising to just shy of 82 while remaining above the oper Bollinger band.Again, this is reaching extreme overbought...

The Bank of Japan kept its major policy settings unchanged and made no changes to its forward guidance, pushing the yen down against the dollar. But we think the shift in tone is clear and major...

In this video, I discuss 3 different price action trading strategies that can be used for forex, gold, and stocks. Discover how you can use price to identify entries and exits, key chart patterns and...

Months ago, most economists dismissed claims that Jerome Powell and his team of policymakers at the Federal Reserve would pull off the so-called “soft landing.” But after recent events and...

US economic activity is still on track to slow after strong growth in the third quarter, but recession risk remains low, based on a set of nowcasts compiled by CapitalSpectator.com.Next month’s...

The seasonal party continues but, the danger is aheadThe strategy of how to navigate what is ahead has been generally covered in NFTRH and with post-FOMC clarity, it is being fine-tuned...

We just got our January 2019 moment: the Powell dovish pivot is here.Contrary to popular belief, a dovish pivot doesn’t mean the Fed is already cutting rates. Instead, it means the necessary...

Instead of holding their cards back, the Fed decided to go all in today and show their hand. I don’t play poker anymore, but the only time I would go all in in Texas Hold’em was when I...

U.S. stocks are in rally mode as we enter the final weeks of 2023. With the final CPI report of the year out of the way, the market’s focus is now fixated solely on the Federal Reserve...

Late November, see here, we were based on the Elliott Wave Principle (EWP) looking for the Nasdaq 100 to put in a local top, drop to ideally $15,750, while holding above $15,738 on a daily closing...

In October, the markets were down 10% from the July high, bond yields were touching 5%, and talk of a coming recession was rampant. What happened?Interestingly, a Wall Street axiom says, “Sell...

The eagerly awaited release of CPI and Core CPI figures today is crucial, especially during a bullish market phase. Today's data release will also decide the year-end rally's fate. Anticipated...

This week will be the capstone of 2023 because whatever happens this week will be a send-off message as 2024 approaches.This week will feature CPI, PPI, and retail sales on the economic front. A 3,10,...