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Gala, Axie Infinity, SAND, MANA Rises As Memeinator Thrives

Gala, Axie Infinity, SAND, MANA Rises As Memeinator Thrives

Photo by Kanchanara on UnsplashMeme coins and gaming cryptocurrencies have thrived during the ongoing crypto bull run. Pepe, the recently launched meme coin, has surged by more than 80% from its lowest level in October. This rally makes it one of the top-performing cryptocurrencies.Other cryptocurrencies in the gaming industry have also rebounded. Gala token surged to a […]
EUR/JPY Remains Under Pressure Below The 158.00 Mark, German GDP, CPI Eyed

EUR/JPY Remains Under Pressure Below The 158.00 Mark, German GDP, CPI Eyed

Photo by Ibrahim Boran on UnsplashThe EUR/JPY cross loses traction below the 158.00 mark during the early European trading hours on Monday. That being said, the weaker-than-expected Eurozone economic data triggers the fear of recession in the Eurozone and exerts some selling pressure on the Euro (EUR) against the Japanese Yen (JPY). The cross currently trades around 157.80, […]
Day Chart Elliott Wave Technical Analysis: USDJPY – Monday, October 30

Day Chart Elliott Wave Technical Analysis: USDJPY – Monday, October 30

USDJPY Elliott Wave Analysis Trading Lounge Day  Chart, 30 October 23U.S.Dollar/Japanese Yen (USDJPY) Day ChartUSDJPY Elliott Wave Technical AnalysisFunction:  TrendMode: impulsiveStructure:subwaves of new trend  Position: new black wave 1Direction Next lower Degrees:black wave 1 started  Details: Red wave 5 of diagonal C of Z looking completed at 150.773  . now looking for a new down trend. […]
Market Briefing For Monday, Oct. 30th

Market Briefing For Monday, Oct. 30th

Structural damage to mega-cap charts has finally become evident to most that argued they were immune, or good hiding places, during the deluge of selling in the broader market, that predates all of this current angina. Yes we have had an A-B-C decline already; but you can tank big stocks further given geopolitics, or you can […]
Requiem For A Technocrat

Requiem For A Technocrat

From NY Times, on the passing of former premier Li Keqiang on Friday: …Mr. Li, who had degrees in law and economics, represented the pragmatic technocrats who led the country out of poverty in the 1990s and 2000s. [Online commentators] recited his opening remarks in his first news conference in 2013 after becoming the premier. “We […]
Theta Token/U.S. Dollar (THETAUSD) Elliott Wave Technical Analysis October 30

Theta Token/U.S. Dollar (THETAUSD) Elliott Wave Technical Analysis October 30

                                                                                                              […]
Current Analysis: ASE Technology (ASX)

Current Analysis: ASE Technology (ASX)

Image Source: UnsplashASE Technology Holding Co Ltd, aka Advanced Semiconductor Engineering, Inc., (ASX) is a semiconductor assembly and testing firm. The company operates in segments: Packaging, Testing, and Electronic Manufacturing Services.Of these, packaging services contribute the most revenue. It involves packaging bare semiconductors into completed semiconductors with improved electrical and thermal characteristics.The Testing Segment includes front-end engineering testing, […]
Initial GDPNow Forecast For 2023 Q4

Initial GDPNow Forecast For 2023 Q4

Pat Higgins at the Atlanta Fed has posted his initial forecast for fourth-quarter GDP.  GDPNow Initial Forecast Latest estimate: 2.3 percent — October 27, 2023 The initial GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2023 is 2.3 percent on October 27. The initial estimate of third-quarter real GDP growth […]
Inflation Persistence In The Pandemic Era

Inflation Persistence In The Pandemic Era

Image Source: PixabayMonth-on-month services inflation after January 2020 is more persistent than nondurable goods inflation (0.68 vs. 0.38). And services core inflation ex-housing is less persistent, at 0.50. Figure 1: Month-on-Month CPI headline inflation (black), core (tan), nondurable goods (green), services (red), core services ex-shelter (light blue), all annualized. NBER defined peak-to-trough recession dates shaded gray. Source: BLS,  Pawel […]
Blackrock Silver Amends Terms To Silver Cloud Lease & Option To Purchase Agreement

Blackrock Silver Amends Terms To Silver Cloud Lease & Option To Purchase Agreement

TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Image Source: PixabayBlackrock Silver Corp. recently announced that they have amended the terms to their lease and option to purchase agreement for their Silver Cloud property. The amendments allow Blackrock to achieve a substantial amount of savings […]