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Best Of Book Bits 2023 – December 31, 2023

Best Of Book Bits 2023 – December 31, 2023

For our final act of 2023, here’s the second installment to Best of Books 2023.Here are the other of books that captured our attention over the preceding 12 months. Happy reading–and Happy New Year! Seven Crashes: The Economic Crises That Shaped Globalization Harold James Summary via publisher Yale U. Press The eminent economic historian Harold James […]
Crypto VC Funding Plummeted 68% In 2023, Signaling Industry Refocus 
                    
 

Crypto VC Funding Plummeted 68% In 2023, Signaling Industry Refocus  

The cryptocurrency market saw various intriguing developments in 2023. On the investment trends, crypto venture capital (VC) saw a notable dip over the past year. VC plunged to $10.7 billion in 2023, a 68% slump from $33.3 billion in 2022.Freepik.Nonetheless, 2023 remains the 3rd-highest year from overall cryptocurrency investments, outshining 2019 and 2020 bear market performances. Cryptocurrency investments […]
The Year Of Forex Opportunities 2024: What To Watch! 
                    
 
 
 
 
 
 

The Year Of Forex Opportunities 2024: What To Watch!            

Key Takeaways: Forex in 2024: Expect shifts between bullish and bearish trends with a slightly bullish bias, requiring diversified portfolios and risk management. Key factors include global economic conditions, central bank policies, and geopolitical events, shaping currency movements. USD’s outlook: A mild increase in 2024, influenced by the world economy and US monetary policy, with […]
It Ain’t Normal

It Ain’t Normal

FreepikNine weeks in a row. Nine. Weeks. Can you imagine the Congressional hearings that would be going on if there were nine down weeks in a row? There would be QE12 through QE69 all lined up and ready to go! Check this out…………The reason for a rally spanning three months with no interruption……..a booming economy? Amazing values in equities? Or……….maybe […]
WMA: Bitcoin Drops To $42,000 As The Market Ends 2023 In The Red 
                    
 

WMA: Bitcoin Drops To $42,000 As The Market Ends 2023 In The Red  

This Week’s Summary The crypto market ends the week at a total market capitalization of $1,65 trillion. Bitcoin decreased by 3% to reach around $42,300. Ethereum is down by almost 1% to trade at a little over $2,200. XRP gained almost 1% in value this week, reaching around $0.62. Almost all altcoins are trading in […]
The Top 10 Stories Of 2023

The Top 10 Stories Of 2023

It’s New Year’s Eve, so I thought it would be fun to review the 10 most popular stories by page views on shellypalmer.com. Obviously, 2023 was the year of Generative AI, with this past November 30 marking 1 GE (Generative Era). These stories reflect this year’s trends, although some of the topics may surprise you.Freepik1. […]
Last CoT Of 2023: How Hedge Funds Are Positioned, What Noncommercials Are Buying

Last CoT Of 2023: How Hedge Funds Are Positioned, What Noncommercials Are Buying

Following futures positions of non-commercials are as of December 26, 2023.10-year note: Currently net short 805k, up 117.4k.Non-commercials are not pulling back. Far from it! Their holdings of net shorts in 10-year note futures went up another 17.1 percent this week, coming on the heels of last week’s 23.5-percent gain, to 804,984 contracts, which is […]
US Dollar Finds Momentum On US Yields Recovery, Closes A 2% Yearly Loss

US Dollar Finds Momentum On US Yields Recovery, Closes A 2% Yearly Loss

The US Dollar (USD)  remains on a subdued tone on the last trading day of 2023. The US Dollar Index (DXY) is positioned at 101.30, shedding daily gains as dovish bets on the Federal Reserve (Fed) weigh heavily on the Greenback. Soft Chicago PMI figures for December also added pressure to the currency on a […]
Charted: Tesla’s Global Sales By Model And Year (2016–2023) 
                    
 
Tesla’s Global Sales Sales Through the Years

Charted: Tesla’s Global Sales By Model And Year (2016–2023)   Tesla’s Global Sales Sales Through the Years

 In the last five years, Tesla stock has exploded upwards more than 800%.From a company that was perpetually on the verge of bankruptcy, Tesla has emerged as the EV manufacturer to beat in the automotive market.A huge part of the success comes from Tesla’s sales which jumped 30x in the same time period.We take a look at the numbers, […]
Gold Stocks Are Heading Higher 
                    
 
 
 
 

Gold Stocks Are Heading Higher        

Gold is escaping from the 48-month box. Expect a sharp move into 2024.ASX Gold Index close to 7700 NecklineSmall Caps are running again! Gold US$2090 tested again Should soon have an out-of-the-box experience!  Gold Stocks XAU breaking out Short-term Medium-term Long-term Leaders in lift-off mode Northern Star Newmont Barrick Agnico Eagle Kinross Gold stocks surging against […]