The US dollar is sitting on a confluence of support that extends over a decade. It’s a must-see level that could affect the entire forex market in the weeks ahead. Watch today’s video for all of the details, including how I’m trading the DXY, EURUSD, GBPUSD, USDJPY, and XAUUSD. US Dollar Index (DXY) Forecast The

Stocks declined as oil prices skyrocketed on Friday, June 13, after Israel attacked Iran, one of the largest oil producers in the world. Traders are worried the conflict will make gasoline more expensive. That would hurt the economy because cheaper gasoline is the primary reason inflation has been cooling. Reversing that trend would leave consumers with

Warren Buffett has earned a reputation as one of Wall Street’s greatest investors. The many acquisitions and stock purchases he has engineered since assuming control of Berkshire Hathaway in 1965 have created immense wealth for shareholders. Berkshire stock has returned 20% annually over the last six decades, while the S&P 500 (^GSPC -1.13%) has gained

The high valuations of most of the group could be a concern. The S&P 500 (^GSPC -1.13%) has produced phenomenal returns over the last two and a half years since the bottom of the 2022 bear market. The index is up nearly 70% since Oct. 2022, but much of that gain has been driven by

The party should soon be over for two ultra-popular stocks, whose shares have skyrocketed by approximately 2,000% and 2,600% since the start of 2023. For well over a century, Wall Street has been a stomping ground for wealth creation. Although getting from Point A to Point B involves everything but a straight line, no asset

The “Magnificent Seven” gets a lot of attention — and rightfully so — as its components, Microsoft, Nvidia, Apple, Alphabet, Amazon, Meta Platforms, and Tesla, have all produced massive gains in recent years and life-changing gains over the long term. But if there were a Magnificent Eight, Broadcom (AVGO -2.90%) would be the most deserving

I wrote on 8th June that the best trades for the week would be: Long of the GBP/USD currency pair after a daily (New York) close above $1.3616. This did not set up. Long of Silver in USD terms. This closed 0.78% higher over the week. Long of the S&P 500 Index pair after a