Live Updates

Comerica’s stock shows a potential upward trend with a target price of $119.78 after completing an Inverse Head and Shoulders pattern. However, short-term overbought conditions suggest waiting for a pullback before buying. – vtmarketsmy.com

Tariff volatility is reshaping the market, favoring intraday traders while swing traders should maintain short positions. With heightened uncertainty, capitalize on quick trades, especially in currencies and options. – vtmarketsmy.com

Gold prices soar near record highs at $4,855 amid geopolitical tensions and global economic concerns. Central banks are buying heavily, making dips attractive for savvy investors aiming to profit in volatility. – vtmarketsmy.com

Despite rising inflation, the Bank of England may cut rates soon, contrasting with Canada’s easing stance. This divergence could boost GBP/CAD, emphasizing the need for strategic trading ahead of key data releases. – vtmarketsmy.com

Consumer spending may be cooling as the US Redbook Index slips to 5.5%. Traders should consider protective strategies amid economic uncertainty and potential Federal Reserve shifts in policy. – vtmarketsmy.com

Bank Nifty’s recent bearish trend signals potential market declines, with 58,278 as critical support. Traders should monitor this level closely and consider hedging strategies to manage risks effectively. – vtmarketsmy.com

The American Funds Growth Fund of America (GFACX) targets large-cap growth stocks but shows higher volatility and lower-than-benchmark returns. Traders should consider hedging strategies in light of upcoming market uncertainty. – vtmarketsmy.com

Canada’s raw material prices unexpectedly rose by 0.5%, influencing market dynamics alongside geopolitical tensions over Greenland. Investors should consider options on gold and protective measures for cryptocurrencies. – vtmarketsmy.com

Canada’s industrial prices dropped 0.6%, contrary to forecasts, while gold surged to $4,900 amid geopolitical tensions. The forex market reacts as investors brace for volatility and weakened crypto demand. – vtmarketsmy.com

The Federal Reserve is expected to keep interest rates steady at 3.50%-3.75% in January, amid strong economic growth and inflation concerns. Rate cuts may occur later this year as volatility rises. – vtmarketsmy.com