tl;dr
The FOMC meeting begins today, and there are suggestions that Bitcoin might not benefit from a Fed rate cut. Renowned economist Peter Schiff predicts that a rate cut could lead to a dollar crash and rising inflation, potentially impacting the Bitcoin price negatively. The odds for a 50 bps rate cut ...
The FOMC meeting begins today, and there are suggestions that Bitcoin might not benefit from a Fed rate cut. Renowned economist Peter Schiff predicts that a rate cut could lead to a dollar crash and rising inflation, potentially impacting the Bitcoin price negatively.
The odds for a 50 bps rate cut have surged to 69%, while experts are still leaning toward a 25 bps cut. Some analysts argue that the US inflation hasn't cooled off enough to support a 50 bps cut.
Ahead of the FOMC meeting, Senator Elizabeth Warren and two other Democratic have urged the Federal Reserve Chair Jerome Powel to slash interest rates by 75 basis points (bps) to protect the US economy. Before now, the major forecasts have been that the US Central Bank will slash rates by 25 or 50 bps. For now, the market seems to be tilting toward 50 bps, as CME FedWatch data shows that the chances of a 50 bps have surged to 67%, while the odds for a 25 bps have dropped to 33%.
Some analysts argued that the US inflation hasn’t cooled off to a point where the Fed can afford to cut rates by 50 bps. In line with this, investment banks Goldman Sachs and JPMorgan predict a 25 bps US Fed rate cut. They expect that assets like Gold will possibly dip in the short term following this macro decision.
More about
Certainly! Here's the HTML-formatted article summary: ```html
Technical Analysis: Navigating Stock Market Trends The Art of Technical Analysis
As a seasoned Technical Analyst with over 25 years of experience, I rely on a data-driven approach to dissect market charts and trends. Utilizing indicators like moving averages, Relative Strength Index (RSI), and Bollinger Bands, my analysis remains objective and grounded in factual investigation.
My narratives demystify technical jargon, making concepts such as support and resistance levels, breakouts, and bullish or bearish trends accessible to both novices and seasoned market watchers.
My work offers clear, actionable insights while acknowledging the uncertainties of market prediction. By highlighting potential risks and the principle that past market behavior does not guarantee future performance, I provide a sober perspective that tempers optimism with caution.
Through my expertise, I empower readers to make informed decisions in the volatile landscape of the stock market.
Key Takeaways:
- Data-driven approach with a focus on market charts and technical indicators.
- Demystification of technical jargon for accessibility.
- Clear, actionable insights tempered with caution and acknowledgment of market uncertainties.
- Empowerment of readers to make informed decisions in the stock market.
```
More about DR Horton Inc
D.R. Horton, Inc. is a home construction company incorporated in Delaware and headquartered in Arlington, Texas.
Sector: Real Estate & Construction
Industry: Operative Builders
Market Cap: 63,473,439,000
Current Price: $13.11
Dividend Yield: 1.15%
52-Week High: $14.86
52-Week Low: $112.26
Price/Earnings Ratio: 0.134
Revenue: 37,302,800,000
Net Income: 188.09
Earnings Per Share: 0.051
Dividend Per Share: 0.025
More about
```html
Technical Analysis Report Key Takeaways from Latest Market Analysis
Based on the analysis of various technical indicators, the stock XYZ appears to be approaching a key resistance level at $100. If the price breaks above this level, it could indicate a potential bullish trend.
Conversely, stock ABC has been displaying a head and shoulders pattern, suggesting a possible trend reversal. The neckline support at $80 is a critical level to monitor for potential further downside.
The Relative Strength Index (RSI) for stock DEF has crossed above 70, signaling overbought conditions. Traders may want to exercise caution as this could precede a pullback in the stock price.
Overall, while the market is showing signs of strength, it's essential to remain mindful of the potential impact of upcoming economic data releases and geopolitical events.
```
More about Interlink Electronics Inc
Interlink Electronics Inc Summary
Interlink Electronics, Inc. designs, develops, manufactures, and sells force sensing technologies that incorporate proprietary material technology, firmware, and software into standard sensor-based products and custom sensor system solutions. The company is headquartered in Irvine, California.
Sector: TECHNOLOGY
Industry: COMPUTER PERIPHERAL EQUIPMENT
Market Cap: NEC
Revenue (ttm): 37582600
PE Ratio (ttm): None
EPS (ttm): -0.21
Profit Margin: 1.282
Operating Margin: -0.128
Shares Outstanding: 12635000
Volume: 7
Stock Price: 21.01
Change: -0.284