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South Korea’s New Way To Pursue Safety

South Korea’s New Way To Pursue Safety

Image Source: PixabayWhile gold bullion is most often sold in bar or 1oz coin form, the Korean retail market is benefitting from gold’s latest success with a very atypical marketing strategy. It has been traditionally thought that investors prefer larger increments of bullion because they simplify calculations and have a lower transaction cost than buying the same amount of gold in smaller increments. Demand for traditional bars and coins […]
This Bull-Trap Could Make Our Entire Week

This Bull-Trap Could Make Our Entire Week

Image Source: Unsplash What’s going on with these markets?  Emini is trending higher, while Nasdaq is chopped up and sideways?This “divergence” after such a BIG MOVE higher this week tells me this Bull Trap could be our biggest win of the week! E-Mini S&P (ES):   Emini is bullish with another big move higher today.  Buyers […]
Elon Musk’s xAI eyes $18 billion valuation with upcoming funding: Bloomberg

Elon Musk’s xAI eyes $18 billion valuation with upcoming funding: Bloomberg

Elon Musk’s artificial intelligence startup, X.AI Corp., is expected to finalize a funding round at a valuation of around $18 billion “as soon as this week,” Bloomberg reported earlier this week, citing sources familiar with the matter.While the final amount of the round remains undecided, expectations are set for a $6 billion raise. Sequoia Capital […]
Financial Markets Report For Thursday, May 9

Financial Markets Report For Thursday, May 9

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, May 9.Video Length: 00:16:22More By This Author:Metals Report For Wednesday, May 8 SPDR ETF Report For Wednesday, May 8 Financial Markets Report For Wednesday, May 8
Has The Liquidity Drain Hit The Market Yet Or Not?

Has The Liquidity Drain Hit The Market Yet Or Not?

Image Source: UnsplashStocks traded higher today following initial claims data, which was a bit higher than estimates. In the end, nothing happened, and the market had nothing else to trade on. There has been no significant data this week, and the only thing we get to tomorrow is the University of Michigan. Meanwhile, there will be […]
Current Analysis: Xerox Holdings Corporation

Current Analysis: Xerox Holdings Corporation

Image Source: UnsplashXerox Holdings Corp (XRX) is an original equipment manufacturing and software company. Xerox operates in one segment–design, development, and sale of printing technology and related solutions–while deriving 60% of its revenue from the U.S. and 40% from international markets.The company is an OEM of multifunction printers, or MFPs (printers that can print, copy, and […]
Asia Open: Rate Cut Optimism Fuelled By Higher US Jobless Claims

Asia Open: Rate Cut Optimism Fuelled By Higher US Jobless Claims

Image Source: UnsplashMARKETSAll three major U.S. indexes experienced gains following the much higher weekly jobless claims data, which offered fresh hope for potential near-term interest-rate cuts.With Federal Reserve policy acting as the primary driver of investor sentiment in 2024, renewed optimism surrounding the possibility of rate cuts has propelled the Dow to its most significant rally […]
Crypto influencers become ‘Pokémon cards’ on Blast game

Crypto influencers become ‘Pokémon cards’ on Blast game

Influencers from the crypto community on X were turned into a trading card game by the Blast-based game Fantasy.top. In the past four days, the cards related to these influencers reached 9,518 Ether (ETH) in trading volume, according to a Flipside dashboard created by user Hildobby.The cards’ power level is defined by how regularly the […]
As The Dollar Falters, Gold Becomes Insurance, Not Speculation

As The Dollar Falters, Gold Becomes Insurance, Not Speculation

Image Source: Pixabay Economics trumps sentimentality, and gold’s elevated price has some people raiding the family jewelry box to pay bills. “Young people are not wearing grandma’s jewels. Most of the young people, they want an Apple watch. They don’t want a pocket watch,” Tobina Kahn, president of House of Kahn Estate Jewelers told Bloomberg. “Sentimental is now […]
Curaleaf Reports 16% Reduction In Net Loss In Q1 Financial Report

Curaleaf Reports 16% Reduction In Net Loss In Q1 Financial Report

Image Source: Unsplash Curaleaf Holdings, Inc. (CURA) (CURLF) has reported its financial and operating results for the first quarter (Q1) ended March 31, 2024, as follows. All financial information is provided in U.S. dollars unless otherwise indicated and compared with the previous quarter. Q1 Financial Highlights Total Revenue: DOWN 1.9% to $338.9M Gross Profit: UP 3.0% to $160.9M […]