After Fed Chair has commented that rate hike might not be in the horizon, and we saw oil futures and the yield on the 10-year Treasury note were lower. Gold prices rose. The U.S. dollar lost ground to the euro and yen, but gained versus the pound. Most major cryptocurrencies traded lower. But what I would like to discuss in this article is how bond yields and gold are related and how we can plan our investing and trading strategy around it. Bond Yields and Gold Positive Relationship Not Confirmed? If we were to take a look the relationship between Gold and the bond market, there is not really confirmation of a positive relationship. The chart below presents the price of gold and the 10-year Treasuries (we took the yields and inverted them). As one can see, the price of gold was rising

Please find and follow my YT channel (nerdbull1669) for Daily SG and US Stock Watchlist. Do follow me as I share quality stock pick for Daily Watchlist. NASDAQ index was in the RED when A.I. model has predicted $InflaRx N.V.(IFRX)$ as a BUY signal with a pretty good score. I told myself to monitor the market for the 1st hour of trading first. Around 18% gain for IFRX. IFRX Price and Volume Movement I was monitoring the price movement of IFRX, it was having a more than 20% gain the previous trading day, so there are chances that there might be a gap down happening also. So I decided to monitor the price movement and volume from 9.30 to 10.30, and it did hit high at $7.25. But eventually went down, as investors from previous trading day took profi

As we are expecting another strong jobs report in the bag today (03 May 2024), we have heard the Fed Chair Powell comments that rate hike is unlikely, but the decision for rate cut is still not there. So how can we adjust our strategy in order to defend against this uncertainty and we can take advantage of how the S&P 500 sector is performing. Consumer Staples Sector Out Of Favor In 2023 If we looked at the defensive sector, Consumer Staples in 2023, the stocks had a challenging year in 2023. But the valuations are now compelling and profit margins and volumes potentially poised to rise in 2024. With the longer and stable interest rates, I believe the consumer staples sector would have a better 2024 especially when investors are shifting their favor to defensive and dividend-paying sto

$Baidu(BIDU)$ is expected to release earnings on 28 Feb 2024 before the market opens (BMO). Baidu has had a rough three months with its share price down 10%. However if we look into the price volatiltiy for Baidu compared to the industry, we could see that it has not had significant price volatility in the past 3 months .BIDU's weekly volatility (5%) has been stable over the past year. Baidu (BIDU) Last Reported Earnings BIDU last reported earnings on 21 NOv 2023 before the market opened (BMO). BIDU shares gained +1.9% the day following the earnings announcement to close at 113.42. Following its earnings release, 96 days ago, BIDU stock has drifted -1.8% lower. From the time it announced earnings, BIDU traded in a range between 97.51 and 126.23

This is the sixth part of a series which will show how we can use candlestick to identify bullish signal. You can refer to the previous parts here: Part 1/11 - How to use [Hammer Candlestick Chart] to identify Bull market Part 2/11 - How to use [Inverse Hammer Candlestick Chart] to identify Bull market Part 3/11 - How to use [Bullish Engulfing Candlestick Chart] to identify Bull market Part 4/11 - How to use [Piercing line Pattern Chart] to identify Bull market

Please find and follow my YT channel (nerdbull1669) for Daily SG and US Stock Watchlist. Do follow me as I share quality stock pick for Daily Watchlist. Please find the result from 12 May 2023. Here is the daily watchlist for 15 May 2023 from the A.I. model I will be looking at this stock $MGO Global Inc.(MGOL)$ , they are expecting nearly 200% in sales of Messi brand merchandise compared to YoY when they report earnings on 16 May Post Market Target Entry Price would be around $1.75-$1.85 If go below $1.75, do check Bull/Bear strength and volume. If go above $2.10 and maintain, MGOL could be headed beyond $3 This is how the Bull/Bear strength have been performing in pre-market. I will be looking for Bull strength to continue but expect it to

Please find and follow my YT channel (nerdbull1669) for Daily SG and US Stock Watchlist. Do follow me as I share quality stock pick for Daily Watchlist. $PayPal(PYPL)$ will start a busy week of corporate earnings reports on 08 May 2023 after the market close. PayPal did not give guidance for 2023, reason being with cross-border trade declining and macroeconomic conditions continuing to have an impact, They have seen successes for its buy now, pay later (BNPL) offering, as well as transaction and payment volume growth (albeit at a much slower rate than last year). However, the company did predict a 7.5% YoY revenue increase in Q1 2023, including a 150-bps headwind from FX changes. These are some key notes from the last earning reports: Less Focus

$Marathon Digital Holdings Inc(MARA)$ plans to expand operations as bitcoin rebounds heading into 2024. MARA stock rallied nearly 180% during its impressive nine-week run stretching back to early October. They have bought 2 mining sites to increase its efficiency. In this article, I would like to share with you my prediction for MARA price for the rest of 2023 trading day and the monthly prediction for Jan-Jun 2024. Marathon Digital (MARA) Stock Price Prediction For 2023 MARA price would be expected to be having a minimum of $21.47 and maximum of $25.21 on 22 Dec (Friday), the predicted price for that day would be $23.34. After the Christmas holiday, we are expecting to have a predicted price of $24.51, with a minimum of $22.55 and $26.47 for the

I believe we know that big tech like $Meta Platforms, Inc.(META)$ and Microsoft has closed down their metaverse project and lose some money. I asked myself this question, will Metaverse be back? With the A.I. now getting more and more noticed. There will be implementation of The concept of the metaverse, a virtual shared space where individuals interact, socialize, and engage in various activities, has fascinated science fiction enthusiasts for decades. However, with recent advancements in artificial intelligence (AI) technology, the metaverse is rapidly becoming a reality. AI has emerged as a pivotal force in reshaping and propelling the metaverse forward, unlocking its potential to revolutionize human interaction, education, entertainment, an

Please find and follow my YT channel (nerdbull1669) for Daily SG and US Stock Watchlist. Do follow me as I share quality stock pick for Daily Watchlist. I think I have mentioned in some of my article that I would watch how the stock price and volume are moving during pre-market around 8-8.30. I have been observing and doing this for more than 100 trading days. There seems to be a pattern of investors entering during this period. One group of them is the Big Boys (which are waiting to buy tradeable stocks) at value price. I shall share a few examples of tradeable stocks. How do we define tradeable stocks? Characteristics of Tradeable Stock What I have observed so far in my own exercise, there are a few notable factor which could make a stock tradeable for the entire session. The previous A

Bitcoin, the world's most popular cryptocurrency, has been a subject of intrigue and fascination since its inception. While its volatility has raised eyebrows, one area where Bitcoin has demonstrated resilience is during economic downturns. In this article, I will be examining Bitcoin's performance during periods of financial turbulence, highlighting its potential as a store of value and a hedge against traditional economic systems. The total volume traded in Q2 2023. Coinbase has the highest volume. These are the stocks that have been following Bitcoin closely and I will be sharing on how MARA have performed in Q2 2023. $Marathon Digital Holdings Inc(MARA)$ $Hut 8 Mining Corp(HUT)$

We have seen how the stock market was trading with optimism before 1.30pm (US time), yet the session ended with significant losses. NASDAQ lost 1.4%, Dow Jones was down more than 500 points. S&P 500 ended the session with negative 1.23%. Factors That Fuel The Downturn Yesterday There are many events happening yesterday and these factors mix has catalyse the downturn. Here are some of the significant factors hitting the market. Federal Reserve Comments - Minneapolis Fed president Kashkari’s remarks about potential rate unchanged if inflation progress does halt. This is one key factor that catalyse the market decline. Geopolitical Tensions - with gains in oil prices and defense stocks, a selloff was triggered after potential retaliation by Iran against Israel raise a concern. This increa

The U.S. Unemployment Rate (May) and U.S. Nonfarm Payrolls (May) data have been released at 8.30am(EST). There is an increase in U.S. Nonfarm Payrolls, but the unemployment rate is higher at 3.7%. The U.S. economy continued to crank out jobs in May, with nonfarm payrolls surging more than expected despite multiple headwinds, the Labor Department reported Friday. Payrolls in the public and private sector increased by 339,000 for the month, better than the 190,000 Dow Jones estimate and marking the 29th straight month of positive job growth. The unemployment rate was at 3.7% against the estimate for 3.5%, just above the lowest level since 1969. Market like when the nonfarm payrolls increase in April Market was up more than 1% when nonfarm payrolls increase in April. The S&P 500 rose 75.

$Charles Schwab(SCHW)$ is expected to release its earnings figures for Q3 on 16 October 2023 before market open. Analysts are predict earnings of $0.74 per share as compared to $1.10 per share in Q3 2022. Market is expecting sales of $4.64 billion, which is an decrease of 15.66% over Q3 2022. Last week, we saw Charles Schwab share price drop by 0.77% to $51.51 on 12 Oct (Thursday). Thursday session was an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.62% to 4,349.61 and Dow Jones Industrial Average falling 0.51% to 33,631.14. Charles Schwab stock’s fall on Thursday stop a four-day winning streak. Till date, Charles Schwab has dropped $35.12 from its 52-week high ($86.63), which was obtained on 09 Jan 2

I think we are all looking forward to the July FOMC meeting and it is all abut interest rates. In this article, I am trying my best to explore the significance and implications of the Three-Month Average SOFR, shedding light on its importance for various market participants. Benchmark interest rates play a crucial role in determining borrowing costs and shaping investment strategies. In recent years, the Secured Overnight Financing Rate (SOFR) has emerged as a key reference rate, replacing the venerable LIBOR (London Interbank Offered Rate). Understanding SOFR The Secured Overnight Financing Rate (SOFR) is a benchmark interest rate that reflects the cost of borrowing cash overnight, collateralized by U.S. Treasury securities. It is based on transaction data from the repurchase agreement

We saw yesterday’s trading session maintaining a positive tone from start to finish, gaining momentum in the afternoon.The Dow Jones Industrial Average saw an increase of 0.9%, while the S&P 500 also rose by 0.9%. The Nasdaq Composite experienced a more significant boost, climbing 1.5%, and the Russell 2000 outperformed with a 1.8% increase.We have Coinbase and Block releasing their earnings after hours and they lead the earnings surprises, this has helped to boost the Tech Stocks. We saw the S&P 500 Consumer Discretionary and Information Technology sector perform above 1.5%.Market Optimistic Sentiment From Fed No Further Rate Hikes CommentThe reason why we saw yesterday market optimistic sentiment is because of the Fed Chair Powell's remarks indicating that further rate hikes are

We will be having the FOMC meeting for the month of June from 13-14 June 2023. So my trading strategy for the week of 12-16 June 2023 shall cover before and after the FOMC Meeting. The main questions on investors’ mind would be “will there be a rate hike pause?”, how is the possibility of rate hike vs pause? This is how my previous week result far : My Trading Strategy For Week of 05-09 June 2023 We have BABA which has a 1.80% gain, SOFI which has a 14% gain, but we have a loss of 0.91% if we went into AAPL last week I shall share this week stocks that I will be focusing. I would be looking at these 2 stocks, which are in these 2 sectors: Chinese ADRs - XPeng Inc. (XPEV) Fintech - SoFi Technologies Inc.(SOFI) Chine