Yearly Archives: 2026
41654156156Wall Street Consolidates Near Record Highs Ahead of CPI
Written on August 11, 2026 at 9:17 am, by pumarketings
Key Takeaways: *Wall Street remained in cautious consolidation near record highs as investors awaited US CPI and assessed renewed oil-driven inflation risks. *Higher oil prices could lift inflation and yields, creating greater pressure on the Nasdaq and growth stocks. *The AI investment cycle remains supportive, with Nvidia and major financial firms targeting over $500 billionContinue Reading
Oil Surges as Strait of Hormuz Stays Blocked, SPR Draws Raise Supply Fears
Written on August 11, 2026 at 8:58 am, by pumarketings
Key Takeaways: *Brent crude has climbed back toward $85 per barrel as hopes for a quick resolution to disruptions in the Strait of Hormuz continue to fade. *Ongoing regional tensions, including reported attacks on Saudi energy infrastructure, have reinforced fears of prolonged supply disruptions and added a significant risk premium to crude oil prices. *TheContinue Reading
Chart the Market (11/08/2026)
Written on August 11, 2026 at 5:32 am, by pumarketings
ETH, H4: Ethereum has been trading within a broad consolidation range over the past three weeks, with price volatility gradually contracting in recent sessions as ETH hovered near the $1,900 level. The narrowing range suggested that the market was building toward a decisive breakout as buying and selling pressure became increasingly balanced. The latest priceContinue Reading
