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Archives by Year:
GlycoMimetics: A Potential Game Changer In Blood Cancers With Near-Term Catalysts
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: UnsplashWritten by Dan Cohen and Scott Matusow Introduction and primer on Glycomimetics (GLYC) After almost 6 years in pivotal studies, Glycomimetics’ Uproleselan is finally slated to read out data in both relapsed/refractory (r/r) and elderly newly […]
Australian Employment Surges In February
Image Source: UnsplashBig increase in full-time employment drives the headline increaseAustralia’s headline employment increase for February smashed through expectations, rising by 116.5 thousand from January. There were also some slight upward revisions to the January numbers, so these February figures are even better than they appear at first glance.Not only is the scale of the increase […]
GBP/USD Price Analysis: The Immediate Upside Barrier Is Seen At The 1.2800 Mark, BoE Rate Decision Looms
Image Source: Unsplash BP/USD trades on a stronger note near 1.2790 ahead of the BoE rate decision. The pair keeps the bullish vibe above the key EMA; RSI indicator lies above the 50 midlines. The immediate upside barrier is seen at the 1.2800 mark; the initial support level is located at 1.2735. The GBP/USD pair holds positive ground […]
USD/CAD Drops On Higher Crude Oil Prices, Edges Lower To Near 1.3470
Photo by Michelle Spollen on Unsplash USD/CAD appreciates as the Fed reaffirms expectations for three interest rate cuts in 2024. Higher WTI price could have contributed to underpinning the Canadian Dollar. FOMC has projected stronger growth throughout 2024 and 2025 than initially anticipated. USD/CAD moves downward to near 1.3470 during the Asian session on Thursday, extending its losses […]
Gold Price Sticks To Gains Above $2,200 Mark, Bulls Take A Brief Pause Amid Risk-On
Image Source: Unsplash Gold price gains strong positive traction for the second straight day and hits a fresh record high. The Fed’s projected three rate cuts this year weigh on the USD and benefit the yellow metal. The prevalent risk-on mood prompts some profit-taking amid slightly overbought conditions. Gold price (XAU/USD) retreats from a fresh record […]
Time To Buy These Top-Rated Solar Industry Stocks For A Rebound
Image Source: UnsplashThe use of solar energy in power grids is still a strong component concerning the future of alternative energy. Although the concept of solar energy has been around for centuries, technological advancements to make this renewable energy form more affordable in mass production remain in its early stages.Naturally, a more stable inflationary environment is […]
Ethereum Elliott Wave Crypto Price News
Image Source: PixabayEthereum Elliott Wave Crypto Price News Today Technical AnalysisElliott Wave Analysis TradingLounge Daily Chart,Ethereum/ U.S. dollar(ETHUSD)ETHUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave (5)Direction Next higher Degrees: wave ((3))Wave Cancel invalid level:Details: Wave (4) may be complete and prices increase again in Wave (5)Ethereum/ U.S. dollar(ETHUSD)Trading Strategy:Ethereum as a whole is moving […]
Silver Should Continue To Extend Higher
Image Source: PixabayShort Term Elliott Wave view in Silver (XAGUSD) suggests that rally from 1.22.2024 low is in progress as a 5 wave impulse. Up from 1.22.2024 low, wave 1 ended at 23.32 and pullback in wave 2 ended at 21.94. Up from there, wave ((i)) ended at 23.49 and wave ((ii)) ended at 22.25. Wave […]
The Commodities Feed: Oil Rally Runs Out Of Steam
Image Source: PixabayEnergy – Oil rally fadesThe rally in oil has started to fade with the market in overbought territory and little in the way of a fresh catalyst to keep the upward momentum going. ICE Brent settled a little more than 1.6% lower on the day – the largest daily decline in almost a month, […]
The Gap Between Silver Supply Growth & Industrial Demand
Image Source: PixabayThe Silver Institute has reported the silver industry being in a deficit after accounting for investment since 2021, with more deficits projected in the years ahead.David Morgan says we’re also at risk to the silver supply not being able to keep up with the growth in the industrial demand in the years ahead, and […]
