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Overview of the fireSince January 7, 2025, the number of wildfires in Los Angeles County, California has rapidly increased to 6, approaching the Avenue of Stars. At present, about 180,000 residents have been evacuated and thousands of build
Looking back on December 7, 2024, the U.S. Department of Labor released the November non-farm employment report on that day. It shows that 227,000 new jobs were created. However, the unemployment rate climbed to 4.2%, which cast a shadow ov
The gold market has ushered in a new round of rising tide, with the release of the latest US Consumer Price Index (CPI) data.On December 12, spot gold price rose for the fourth consecutive trading day, rising by more than $20. The highest h
Both manufacturing and service PMIs roseIn the macroeconomic field, the US economic data in November showed positive signs.Specifically, both the U.S. manufacturing and service purchasing managers' indexes (PMI) increased. The prelimina
On November 6, many American media announced that Donald Trump, the Republican presidential candidate and former president of the United States, had received at least 295 electoral votes and became the next president. In the early morning o
Last week, strong gains in Tesla's stock price pushed the Nasdaq up slightly by 0.9%, nearing its all-time high. However, theS&P 500andDow Jones Industrial Averagefell 0.3% and 2.6%, respectively.Looking ahead to this week, U.S. thi
Let’s first understand the schedule of the US election1. Intra-party PrimariesStarting in January 2024, the Iowa Republican Party and the South Carolina Democratic Party hold their primaries.2. Super TuesdayOn March 5, the Democratic Party
Recently, the rebound momentum of the U.S. stock market is facing multiple challenges and has begun to show signs of wavering. In early August, the stock market fell sharply due to a sharp sell-off triggered by concerns about a recession in
The U.S. Bureau of Labor Statistics disclosed in its latest announcement that it had made a preliminary revision to the non-farm payrolls data for the past 12 months ending March 2024. The results showed that the number of employed people w
The curtain of the 2024 Paris Olympic Games is slowly falling. This grand sports event not only left countless wonderful moments on the sports field, but also painted a colorful mark in the history of French economic development. According
Diamond patterns are advanced chart patterns used in finance to detect reversals. Reversal strategies are one of the most profitable trading strategies. They usually occur after long trend phases.A diamond pattern is one of the profitable p
A Japanese candlestick charting technique is used to determine if a specific asset's current trend will continue the Ichimoku Cloud Strategy.You will learn about the Ichimoku indicator in this article and how you can use it to trade. Wh
Understanding, interpreting, and analyzing price charts and graphs are essential to becoming a successful trader. The utilization of technical indicators is effective in helping decipher how the price charts and graphs function.The use of t
The stock is referred to as overvalued if the stock's market price is greater than the intrinsic value. In contrast, it is called undervalued if its market price is less than intrinsic value.To determine whether a stock is overvalued or
Pips, which are either referred to as 'percentage in points" or 'price interest points,' are the basic terms used in calculating the rates participants in the forex market pay when trading currencies.The importance of pips
Let's get into the rounding top pattern: the ultimate guide to knowing more about this trading pattern. Technical analysis describes rounding tops as price patterns.A downward sloping curve occurs when daily price movements graph in the
A stock price reaches a low level of support after some time, and a stock price reaches a high resistance level. Stock prices drop to levels that encourage traders to buy when support materializes.IntroThe concept of trading level support a
In the market, divergences occur when the price doesn't move in accordance with an indicator. A divergence is created whenever the price makes a new high or low, but the indicator doesn't. The signal can be used to hunt for reversal
Technical analysis terms include the death cross and golden cross. Golden Crosses and Death Crosses both represent the same concept. One is a trend upward, and the other is a trend downward.IntroductionIn regards to technical analysis is co
Right through this guide, we will discuss straddle vs. strangle options and their differences. The straddle and strangle strategies can capitalize on changes in implied volatility (IV) and stock price volatility.Both straddles and strangles
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