AUD/USD steady as RBA maintains rates at 4.35%
The Australian dollar has edged higher on Tuesday. In the European session, the Australian dollar is trading at 0.6845, up 0.12% on the day. Earlier today, AUD/USD climbed as high…
The Pros And Cons Of Call Spreads – Slope of Hope with Tim Knight
DALL-E still occasionally misspells words in images. When Can We Take Profits? On Friday morning, I got a question from a subscriber: Where does this need to go to make…
Will the Solana Foundation be dissolved? What this means for SOL
Solana Breakpoint crypto conference hosts Solana Executive Director and CEO of VC firm, leaders debate on future of the Foundation. Solana eyes nearly 9% gains, targets $160 level. SOL trades…
USD/CAD eyes Canadian retail sales
The Canadian dollar is steady on Friday. In the European session, USD/CAD is trading at 1.3573 at the time of writing, up 0.12% today. On the data calendar, Canada releases…
The Best and Worst of Fast – Slope of Hope with Tim Knight
By Tim Knight – 3 hours ago (19, Sep 2024 10:00:00 PM) The Best and Worst of Fast The Best and Worst of Fast In order to comment on this…
USD/INR trades with mild gains despite Fed’s aggressive rate cut
Indian Rupee weakens in Thursday’s early European session. The increased liquidity flowing into the Indian market and dovish Fed drag the US Dollar down. Traders await the US weekly Initial…
Euro jumps to 10-day high
The euro has posted strong gains on Monday. EUR/USD is trading at 1.1126 in the North American session at the time of writing, up 0.49% today. The euro is at…
Countertrend – Slope of Hope with Tim Knight
Below are five exchange traded funds which, unlike those I’m including in my “Hercules” post this weekend, seem to be at the cusp of resuming their downtrends, now that the…
WTI rises to near $68.50 due to output disruptions in the US Gulf of Mexico
WTI price appreciated as Hurricane Francine caused output disruptions in the US Gulf of Mexico. Official data showed that nearly 42% of US Gulf of Mexico’s Oil production had been…
Gold (XAU/USD) Flirts with All-Time Highs. Will US CPI Prove the Catalyst for a Breakout?
Gold prices are inching higher as the market awaits the US CPI release. Market reaction to the CPI data will depend on whether rate cut expectations are already priced in.…
Compass Pointing North – Slope of Hope with Tim Knight
Here’s a stock, Compass International (COMP) that has broken out of a nice base. Compass Pointing North Compass Pointing North In order to comment on this blog, you must have…
Ethereum dips below $2,300 following August NFP data, JP Morgan weighs in on ETH ETF performance
Ethereum dives nearly 6% after August NFP miss. Based on the AUM ratio to market cap, Ethereum ETFs have performed more or less in line with Bitcoin ETFs one month…
Markets Weekly Outlook – ECB Rates, China and US Presidential Debate in Focus
US jobs data missed estimates, keeping recessionary fears very much in play. US Equities continue their September struggles as Oil falters as well. ECB expected to cut rates amidst slowing…
Our Perverted Priorities – Slope of Hope with Tim Knight
Hey, at least these dildos have more billions than ever! Look at Elon’s gut. He’s totally food secure! Our Perverted Priorities Our Perverted Priorities In order to comment on this…
Dow Jones flubs a Wednesday recovery
The Dow Jones rallied early Wednesday before dipping back to the open. US JOLTS data eased back more than expected in July. Markets have tilted further into bets of a…
Swiss franc calm as inflation drops
The Swiss franc is showing limited movement on Tuesday. USD/CHF is trading at 0.8507, down 0.11{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} on the day. Swiss CPI drops to 1.1{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} Swiss inflation declined to 1.1{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} y/y…
Unstoppable Hot Dogs – Slope of Hope with Tim Knight
I’ve lost the nerve, but honestly, for bears with a longer-term time horizon, Costco (COST) is absolutely RAMMED against its lifetime trendline. Something to consider. Unstoppable Hot Dogs Unstoppable Hot…
1 billion XRP transfer, SEC could payback $125 million to Ripple if appeal fails
Ripple unlocked 1 billion XRP from its escrow account on September 1, raising concerns among XRP holders. Pro-crypto attorney Fred Rispoli asked securities lawyers whether. SEC would pay $125 million…
Markets Weekly Outlook – NFP Jobs Data to Rule Out 50 bps Fed Rate Cut?
US PCE data keeps Fed rate cut hopes alive as inflation moves towards 2{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} target. Commodity prices fluctuate on geopolitical fears and OPEC+ production plans. US jobs data release is…
Three Big Fish That Got Away – Slope of Hope with Tim Knight
Below are three stocks that have these things in common: (a) I identified them all as bearish candidates when they were vastly more expensive (b) I bought puts on them…