Investing, Trading, Stocks and Forex News
US equities rebounded from a selloff earlier in the week, ending slightly higher. However, caution remains due to upcoming economic data releases. The Japanese Yen is heading for its first…
Below are ten ETF charts with crucial gap levels (that is to say, resistance levels) highlighted. The first three are visible to everyone, and the other seven are visible to…
Ripple traders shed their holdings at nearly $40 million loss in the crypto market crash on Monday. XRP noted a decline in address activity as traders lost interest after mass…
Oil prices remain subdued due to recession fears and demand concerns. US stockpiles unexpectedly increased, adding to the bearish sentiment, EIA data out later today. Geopolitical tensions in the Middle…
What We Bought During Monday’s Market Meltdown In recent posts, I’ve posted the basic game plan I’ve shared with my subscribers: If you’re concerned about downside risk for positions you…
Bitcoin price declines as US economic activity slows down. Genesis moves $1.5 billion in Bitcoin and Ethereum for creditors’ repayments. Israel-Iran tensions rise, causing a decline in BTC. On-chain data…
US jobs data underwhelmed, triggering the SAHM rule, signaling a likely recession. The Magnificent 7 tech companies have lost nearly $1.75 trillion in market capitalization over the past 10 days.…
As we wrap up the earnings season, the two superstars this afternoon are AAPL and AMZN, shown below. I personally find these charts to be as boring as bat guano,…
Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}-5.5{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} and responds to questions in the post-meeting press…
The S&P 500 and Nasdaq 100 continue their slide following underwhelming earnings reports and poor risk sentiment. Microsoft’s Q4 earnings are anticipated to be $2.94 EPS on revenue of $64.5…
So here is the thing. During a bull market or very bullish phase, indicators give the all-clear. Come on in, the water’s fine! Investors are always going to be complacent…
Meme coins ranked by market cap, Dogecoin, Shiba Inu, PEPE, Dogwifhat and Bonk erased between 2{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} and 8{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} of their value in the past week. Solana meme coins Book of…
Global markets experienced a volatile week, influenced by a tech selloff, China growth concerns, and anticipation of central bank decisions and US earnings reports Despite the volatility and tech led…
I’d say this company will probably be gone inside of a year. BYND Rotten Meat Rotten Meat In order to comment on this blog, you must have JavaScript installed and…
Ripple and the SEC have a scheduled closed-door meeting on July 25, a resolution in the lawsuit is expected. XRP hovers around $0.62 early on Thursday, sustaining recent gains. XRP…
The Japanese Yen is gaining against its G7 counterparts due to rumors that the Bank of Japan (BoJ) will reduce bond buying and potentially raise interest rates. Governor Ueda has…
FDX made a new all-time high last week and that has pushed the FDX/UPS ratio back near its all-time high. FDX itself is flirting with a failed breakout above the…
Mexican Peso gains 0.55{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}, trading at 17.92, after better-than-expected Economic Activity data. INEGI reports strong economic activity for May, offsetting slow retail sales growth. US political developments with Biden’s withdrawal…
This week, markets were influenced by trade war fears, US political developments, and a global cyber outage. In Asia, the Japanese yen weakened, and Chinese authorities remained silent on economic…
By Tim Knight – 1 hour ago (20, Jul 2024 9:00:00 AM) Unwanted Attention Unwanted Attention In order to comment on this blog, you must have JavaScript installed and enabled.…