I have covered the energy market’s evolution through the Iran-Iraq War, from Chevron CEO Mike Wirth‘s early warnings about depleting buffers to Shell’s CEO describing the diesel and gasoline squeeze that emerged as refineries pivoted Read more…
Key Highlights GBP/USD started a fresh increase above 1.3400. It traded above a key bearish trend line with resistance at 1.3305 on the 4-hour chart. Bitcoin seems to be facing hurdles near $64,500 and $65,650. Read more…
Since OpenAI started the current artificial intelligence race with its release of ChatGPT 3.5 in November 2022, hundreds of billions of dollars have been committed to building out the infrastructure needed for AI to become Read more…
Nasdaq-100: ⬆️ Buy – Nasdaq-100 reversed from support zone – Likely to rise to resistance level 29200.00 Nasdaq-100 index recently reversed from the support zone between the key support level 27000.00 (which also reversed the Read more…
GBPJPY: ⬆️ Buy – GBPJPY reversed from support zone – Likely to rise to resistance level 212.35 GBPJPY currency pair recently reversed from the support zone between the key support level 210.00 (which has been Read more…
The calm and consolidation in the US equity market are deceptive. The S&P 500 is paying closer attention to macro risks. The S&P 500 closed July with a modest gain, yet beneath the calm surface, Read more…
Wall Street’s nervousness over inflation and higher rates derailing the stock market was already on the radar. Elevated oil prices threatened to lift consumer prices and stoke fears of a Fed rate hike while pressuring Read more…
If you’re in the oil business, whether producing it or financing deals or speculating on price, Aug. 3 has been a day to drive you crazy. President Trump announced on late on Aug. 2 the Read more…
Whether you work in an office or from home, you’re likely familiar with the after-lunch slump that makes you reach for another coffee or a soda. If you’ve front-loaded a lot of caffeine in the Read more…