WealthOracle @Wealthoracle_
London based hedge fund managing proprietary in-house funds for more than three decades. We are completely independent and focused on absolute returns. wealthoracle.co.uk/home London Joined March 2021-
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US indices closed lower yesterday following soft guidance from Meta and a surprisingly soft, yet also inflationary advance Q1 GDP print. The economy looks to have downshifted sharply in early 2024 with GDP growth of just 1.6%...from WealthOracle wealthoracle.co.uk/mc
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US indices treaded water for a session following a couple of days of rebound. Reporting was still generally solid, but the main name reporting yesterday was Meta and results were released after the close...from WealthOracle wealthoracle.co.uk/mc
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John @F15JCM
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7K Followers 191 Following **ON AN EXTENDED BREAK from Twitter** … Disclaimer: my tweets DON’T constitute investment advice or recommendationAlex @1978alexj
112 Followers 255 FollowingNicholas Santiago @NickSantiago01
6K Followers 20 Following Trading since 1991. World renowned #TechncialAnalysis. Expert in Elliot Wave, Gann Theory, Dow Theory and Cycle Theory. Co-founder of the "PPT Methodology"BREAKING: European Central Bank slows its bond purchases as inflation surges So this is starting to become a theme globally and i suspect key central banks will follow. The cheap money is coming to an end...
$SPY daily chart. Do you see the pattern? I get rather nervous on the market when RSI fails to confirm new highs in price, momentum is most definitely slowing down a tad.. a bigger correction could unfold at anytime so trade with caution..
$OIL Brent crude keeps making lower highs.. feels like the moment has stalled, is this given us a clue that global growth momentum is stalling too?
$GOLD Gold just cannot break $1830, failing to form new highs on 3 attempts.. Concerning for the bull camp unless we manage to > $1830