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Not Your Keys, Not Your Coins, Not Your Bull Run

Not Your Keys, Not Your Coins, Not Your Bull Run

Image Source: Pexels The recent surge in Bitcoin and overall cryptocurrency market value has once again brought the spotlight on the importance of wallet security. As Bitcoin broke through the record high of $69,000 on March 5, 2024, investors are flocking to capitalize on the upward trend. However, amidst the excitement, it’s crucial to understand why […]
Gold’s Confirmed Breakout And Its Implications

Gold’s Confirmed Breakout And Its Implications

Yes, gold price confirmed its breakout – in daily closing price terms. Yes, it is important.At the moment of writing these words, gold price is trading at about $2,161 – it’s new all-time highs in nominal terms, which is slightly higher than the late-2023 high. Gold price is trying to stay above this level, and […]
As Nvidia Stock Marches Towards $1,000, Buy This Underappreciated AI Stock

As Nvidia Stock Marches Towards $1,000, Buy This Underappreciated AI Stock

Image Source: Unsplash Nvidia Corp (Nasdaq: NVDA) is up another 4.0% on Thursday after a Mizuho analyst said it could hit $1,000 per share in the coming months. Micron stock has upside to $112 But if valuation is a concern that keeps you from taking a position in Nvidia stock – Toshiya Hari of Goldman Sachs […]
Softs Report – Thursday, March 7

Softs Report – Thursday, March 7

Photo by Trisha Downing on Unsplash COTTON General Comments: Cotton closed higher yesterday on ideas of stronger demand and reports of wildfires in northern Texas. It is too early to plant but the heat and dry weather raises concerns about production potential later in the growing season and blackened soils might not permit much planting, anyway. The demand […]
FTSE Reverses Early Losses To Close In The Green

FTSE Reverses Early Losses To Close In The Green

Image Source: PexelsThe FTSE 100 in the UK fell in early trade on Thursday due to declines in financial and mining stocks, but Virgin Money UK’s shares surged on a possible buyout offer. The blue-chip FTSE 100 was down by 0.3% early before staging a reversal into the green, closing with a 0.56% gain on the […]
Stocks Higher Midday Amid Hope For Positive Inflation News

Stocks Higher Midday Amid Hope For Positive Inflation News

Stocks are higher across the board this afternoon, as investors remain hopeful that positive overseas inflation updates would be mirrored by the upcoming Fed speech. The tech selloff is reversing as well, with Nvidia (NVDA) helping pave the way higher as it adds to a more than 11% weekly gain. All on track for a second-consecutive win, the Dow […]
Where Are We Now Directionally For The US 10yr?

Where Are We Now Directionally For The US 10yr?

We called the way up – it made sense to us. But the move on the way down has been a tad tougher. The pop in MoM inflation and risk-on are complications for the rate cut story. So, bonds need a weak payrolls report, else they’re vulnerable. Weakness would be a sub-150k headline and a […]
State Of The Union Address Today – Unemployment – USDA & WASDE Tomorrow. The Corn & Ethanol Report

State Of The Union Address Today – Unemployment – USDA & WASDE Tomorrow. The Corn & Ethanol Report

We kicked off the day with Challenger Job Cuts at 6:30 A.M., Balance of Trade, Export Sales, Exports, Imports, Initial Jobless Claims, Continuing Jobless Claims, Jobless Claims 4-Week Average, Nonfarm Productivity QoQ Final, and Unit Labour Costa QoQ Final at 7:30 A.M., Fed Chair Powell Testimony & EIA Natural Gas Storage at 9:30 A.M., Fed […]
KR: Boring Is Beautiful

KR: Boring Is Beautiful

I was speaking with Errol – a poker dealer at casino M8TRIX who likes to trade based on technical analysis – on Sunday about stocks as usual. Errol was focused on Abercrombie & Fitch (ANF) – one of the hottest stocks in the market – which reported earnings Tuesday afternoon. When I told him the […]
The Latest B.R.N.

The Latest B.R.N.

OK, sound the trumpets. Nvidia (NVDA) has, yet again, crossed another Big Round Number: this time, $900. We can all agree $1,000 will be the next obsession. I took the time to illustrate each of the five most recent “crossings”, and you can see how the pace is quickening. Just try to accept the fact that there are people buying this stock for the FIRST time […]