Tag: CPI
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Bitcoin bounces at key support ahead of Fed decision.
This article will provide an update on the current technical set up on Bitcoin. Before we jump into the charts, let’s talk about some headlines making their way around mainstream financial media. The world’s largest cryptocurrency dropped to a one week low as traders and investors awaited CPI and the Fed decision. CPI for the…
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Silver tests key resistance zone as precious metals rip!
It has been a fun time for precious metal investors and bulls. In fact, many commodities have been on a rip. Coffee and cocoa have been ripping. Canola had a nice pop last month. Those who follow my work here at Equity Guru know about the inverse head and shoulders pattern we have been calling…
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![Stocks plunge after hot August inflation report]()
Stocks plunge after hot August inflation report
After reading many headlines to the tune of “inflation collapse/drop/peak will cause a market rally”, we can say that we aren’t just there yet. The markets have been pricing lower inflation the past few days. By looking at the chart, you can see what happens when the markets are wrong. We dump hard. A sea…
