Monthly Archives: May 2026
Elliott Wave analysis suggests Walt Disney is nearing a crucial turning point, potentially preparing to surge higher
Written on May 5, 2026 at 6:53 pm, by josephine
Elliott Wave charts suggest Disney nears end of Wave (II) correction, starting new uptrend above $78.85.
In March, US new home sales reached 682M month-on-month, beating forecasts of 0.668M
Written on May 5, 2026 at 6:26 pm, by josephine
US new home sales climbed to 682,000 in March, beating forecasts of 668,000 month-on-month.
In March, US JOLTS job openings reached 6.866 million, surpassing forecasts of 6.83 million
Written on May 5, 2026 at 6:23 pm, by josephine
US JOLTS job openings rose to 6.866 million in March, slightly above forecasts of 6.83 million.
In April, the US ISM services prices paid index remained steady, holding at 70.7
Written on May 5, 2026 at 5:55 pm, by josephine
ISM Services Prices Paid index stayed flat in April, holding at 70.7, signaling persistent cost pressures in US services.
April’s US ISM Services PMI came in at 53.6, slightly under the 53.7 forecast estimate
Written on May 5, 2026 at 5:53 pm, by josephine
US ISM Services PMI eased to 53.6 in April, slightly below 53.7 forecast, still signaling expansion.
In April, the US ISM Services Employment Index rose to 48, from 45.2 previously
Written on May 5, 2026 at 5:26 pm, by josephine
US ISM Services Employment Index rose to 48 in April from 45.2, indicating slower employment decline.
In April, the US ISM services new orders index dropped to 53.5 from 60.6 previously
Written on May 5, 2026 at 5:23 pm, by josephine
ISM Services New Orders Index declined to 53.5 in April from 60.6, signaling slower services growth.
BNY’s Bob Savage says Hormuz shipping gauges energy risk, while ceasefire doubts and possible US policy unsettle prices
Written on May 5, 2026 at 4:56 pm, by josephine
Oil markets watch Hormuz shipping amid ceasefire doubts; US seeks strike authorization. Brent/WTI fall, Oman/Dubai rise.
Goldman Sachs continues a bullish run, with Elliott Wave analysis outlining routes and targets beyond $1,000
Written on May 5, 2026 at 4:53 pm, by josephine
Goldman Sachs shows bullish Elliott Wave setup, targeting $1035–$1114 if March 2026 low holds, new highs.
After touching a record peak, USD/INR dips as the dollar eases, while tensions cap rupee gains
Written on May 5, 2026 at 4:26 pm, by josephine
USD/INR dipped after record high as Middle East tensions and oil surge pressured rupee, spurring dollar demand.
