Inflation Figures Drive Markets
Tim Knight | Nov 11, 2021 12:45AM ET
Wednesday was a big day, triggered by the white-hot inflation number. Here are some particularly important exchange-traded funds with a few remarks in each caption……….
Emerging Markets have been steadily trending lower for months
The small caps broke above resistance last week; the big question is whether they will find support again at the horizontal or if they re-penetrate the range, thus negating the breakout
The NASDAQ is weakening within its channel, as predicted
The S&P nailed the “tip of the spear” of its now-broken wedge and has the lower trendline as medium-term support
Bonds went into a total free-fall, although this market has been an utter mess for months with no clear next direction
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.