@Investing1o1:$Invesco QQQ Trust(QQQ)$ Weakness seen last week as we were talking about a pullback coming early week! Will it continue lower or is the rally about to continue?! Good NFP report! More hikes and for longer! FFR Futures are pricing in over 60% of 25BP hikes coming up on May! Bulls pivot dream is gone! FEDs will likely overtighten and something else which nobody is taking notice of will break! CRE loans is something everyone is talking about being the next black swan but a black swan is when nobody is expecting and looking at. It will also be something which the FED will not be able to fix with its tools available! Watch the video to find out what to expect the following week! We nailed last week and looking forward to nail the following wee
@StickyRice:Exxon stepping back from Europe, to invest more in U.S., Woods says Exxon Mobil $Exxon Mobil(XOM)$ is reviewing its activities in Europe in view of new windfall profits taxes as it plans to spend more in the U.S., CEO Darren Woods said Tuesday at the CERAWeek by S&P energy conference in Houston. The CEO slammed Europe's windfall profit tax on oil and gas producers, saying it drives away investment and undermines energy transition efforts, while praising the Inflation Reduction Act in the U.S. The tax would wipe out years of profit from recent refining investments, and means Exxon (XOM) expects to pull back future spending in Europe in favor of the U.S., Woods said. Such policies have created unintended consequences such as countries burnin
@StickyRice:Interactive Brokers launches cryptocurrency trading in Hong Kong Electronic broker Interactive Brokers $Interactive Brokers(IBKR)$ $Interactive Brokers(IBKR)$ said it has launched cryptocurrency trading in Hong Kong. The service will enable the company's Hong Kong clients to trade in Bitcoin (BTC) and Ethereum (ETH). IBKR had launched the service in collaboration with OSL Digital Securities.
@Elliottwave_Forecast:Gold Elliott Wave Impulse Move Near CompleteJanuary 11, 2023ByEWFHendra Short term cycle from 11.23.2022 low remains in progress as a5 waves impulse Elliott Wave. Up from 11.23.2022 low, wave ((i)) ended at 1833.29 and pullback in wave ((ii)) ended at 1795.90. The metal then rallies higher again in wave ((iii)). Internal subdivision of wave ((iii)) is unfolding as another 5 waves impulse in lesser degree. Up from wave ((ii)), wave i ended at 1825.21, and pullback in wave ii ended at 1813.30. Wave iii ended at 1850.15, pullback in wave iv ended at 1829.90, and final leg wave v ended at 1865.15 which completed wave (i). The metal then pullback in wave (ii) towards 1824. The metal extends higher again in wave (iii) towards 1881.59, and wave (iv) ended at 1871.10. Final leg wave (v) is in prog