Investing, Trading, Stocks and Forex News
Bitcoin trades at $65,708, sentiment among traders is positive ahead of the upcoming conference of July 25. Ethereum hovers around $3,500 early on Friday, and Galaxy’s staked Ether holdings hit…
Japanese authorities have not confirmed whether they have intervened in the market to support the Yen. USD/JPY broke a long-term descending trendline but found support near the 100-day MA and…
The stock Five Below (symbol FIVE) has been mentioned before here on Slope as well as on my tastylive show. I like the chart because it repeats itself, and it…
Mexican Peso strengthens by 0.35{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} as traders fully price in the Fed rate cut for September. Banxico’s dovish comments and Fed Chair Powell’s balanced mandate remarks influence market sentiment. US…
Increased investor confidence fueled by a $1.04 billion inflow into Bitcoin Spot ETFs. Bitcoin miners, particularly in the US, are accumulating Bitcoin in anticipation of another potential rally, with Marathon…
Time for some of my readers to understand my point of view more clearly. I draw your attention to this comment from my post yesterday evening. Wrong, wrong, wrong. I…
XRP traders and proponents are celebrating the first anniversary of Judge Torres’ ruling that served as a partial win for Ripple. Judge Analisa Torres ruled that XRP is a non-security…
The New Zealand dollar is slightly higher on Friday. NZD/USD is trading at 0.6110 in the European session, up 0.24{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} on the day at the time of writing. New Zealand…
Bubba the Big-Balled Bull had me bent over my bunk in this morning’s prison cell, but one thing helped make ameliorate the agony: United Airlines (UAL), my biggest short position.…
Jerome Powell, Chairman of the US Federal Reserve (Fed), will deliver the Semi-Annual Monetary Policy Report and respond to questions before the House Financial Services Committee on the second day…
The Australian dollar continues to show little movement this week. AUD/USD is trading at 0.6638 in the European session, up 0.02{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} on the day. Australia released mixed confidence indicators earlier…
Here’s my umpteenth short to wrap up the weekend: Harley Davidson (symbol HOG): Shorting the Hog! Shorting the Hog! In order to comment on this blog, you must have JavaScript…
Ethereum sees over $108 million in liquidations as Mt. Gox begins repayment to creditors. Grayscale Ethereum Trust switched to trading at a premium to net asset value as spot ETH…
Soft US economic data, including lower-than-expected job growth, has increased market expectations for a September rate cut. The week ahead features important data releases, including US inflation figures and Chinese…
Here’s a spectacular, geological view of North America (click for a bigger version). Rocks for Jocks Rocks for Jocks In order to comment on this blog, you must have JavaScript…
Gold price remains supported near a two-week high amid rising Fed rate cut bets. Geopolitics, along with political uncertainty, also lends support to the XAU/USD. A positive risk tone could…
USD/CAD is rangebound, frustrating traders, thanks to a host of factors from rate differentials to rising oil prices. Canadian PMI data has been softer than expected, with decreased output, new…
USD/JPY and GBP/JPY – Sentiment Analysis and Charts USD/JPY: Decoding Market Sentiment Amidst Shifting Tides GBP/JPY: Poised for Potential Upswing You can download our free sentiment analysis on a range…
Index rallies have so far remained remarkably robust even when a move down looks the easiest path. The Nasdaq and S&P experienced selling into Monday and posted two small days…
Blog Post: Day 36 of $QQQ short term up-trend; 52 US new highs and 71 new lows; $AMZN has high volume GLB, see daily and weekly charts | Wishing Wealth…