Economic Calendar Tuesday- AUD interest rates Wednesday- US Crude oil inventories/ FOMC minutes Important Headlines USOIL H4 Crude oil is trading below its 4-hour trendline and the key level of $100 is weighing down on its price. As discussed last week, the US is releasing its oil stockpile starting in May while OPEC+ is also […]
Economic Calendar There are two important reports to end the week and start the new month and the quarter off, the Non-farm payroll and the unemployment rate report. It is highly probable that there will be a lot of price spikes later tonight as investors and financial institutions look to initiate new investment positions Important […]
According to an SEC filing, Tesla is looking to enable a stock split and will seek approval at its annual shareholder meeting this year to increase the number of authorized shares of common stocks. The last time Tesla had a stock split was in August 2020 with a 5-for-1 split. Since then, the shares have […]
Economic Calendar Wednesday- ADP Non-farm employment change, US Crude Oil Inventories Friday- NFP and US unemployment rate Important Headlines Shanghai’s Lockdown Shanghai begins its phased lockdown for millions of people to carry out mass testing as covid cases surge to record numbers. Tesla was also one of the affected companies where its gigafactory in Shanghai […]
Economic Calendar There is no more major news for this week, however market volatility may remain high as investors look to flat their positions heading into the weekend. Important Headlines OPEC+ is scheduled to meet on 31st March and they may decide to stick with their production plan amid decade-high oil prices and tight supplies. […]
Markets are going crazy right now as volatility increases twofold since the beginning of the year, based on the Volatility Index (VIX). Heightened volatility can be risky, but it also brings forth plenty of lucrative trading opportunities. The featured trade idea for the day is a death-cross on the SP500. A death cross refers to […]
Upcoming trading holidays for Martin Luther King Day (U.S.), Australia Day, and Lunar New Year’s Eve (China).
Bitcoin has historically had an uptrend in December. With the already massive 98% gain year-to-date, will we see yet another uptrend in December 2021? Let’s address the chunky elephant before we start — Bitcoin is down about 13% from its highs of $68,521. We’re at the level some finance guys would even consider it a […]
