Archives by Month:

Archives by Year:

USD/CAD Appreciates To Near 1.3650 Due To A Downward Correction In Oil Prices

USD/CAD Appreciates To Near 1.3650 Due To A Downward Correction In Oil Prices

Photo by Michelle Spollen on Unsplash USD/CAD appreciates after Fed’s Neel Kashkari suggested that a rate hike might still be possible. The US Dollar gained ground due to the appreciation in the US Treasury yields. The decline in the WTI price put pressure on the commodity-linked Canadian Dollar. USD/CAD edges higher for the second consecutive day, trading around […]
Humanity Protocol is building a secure, private Web3 identity system with zk-proofs and palm scans: An interview with founder Terence Kwok

Humanity Protocol is building a secure, private Web3 identity system with zk-proofs and palm scans: An interview with founder Terence Kwok

Highly secure and accessible, palm recognition offers a great way to verify and manage your identity. Humanity Protocol is making headlines with its idea of leveraging palm biometrics and zk-proofs to build a secure, private, and universally accessible digital identity system.The drive behind this concept is well-intentioned. However, like other biometric methods, user privacy remains […]
Blackrock Surpasses Grayscale As World’s Largest Bitcoin ETF

Blackrock Surpasses Grayscale As World’s Largest Bitcoin ETF

Image Source: UnsplashA month and a half after we first observed that the world’s largest bitcoin fund, Grayscale’s GBTC, had lost more than half of its assets since the approval of spot bitcoin ETFs in January in what was the year’s first, and far less memorable “halving” event… The other “halving”: GBTC bitcoin holdings are down […]
Economic Theory And Reality

Economic Theory And Reality

Image Source: PexelsKevin Corcoran recently did a post discussing the distinction between being wrong in theory and wrong in fact. Here I am interested in another situation, the case where theory matches reality quite closely, but people are reluctant to accept the implications of that fact. For instance, basic economic theory suggests that higher tax rates ought […]
Market Breadth Indicator: The Key To Stock Market Rallies

Market Breadth Indicator: The Key To Stock Market Rallies

Image Source: PexelsThe Breadth Indicator, which is the ratio of advancing stocks to declining stocks is my favorite way to determine whether a stock market rally is likely to last, or whether a sell-off is in the cards instead. In this video, I discuss how market breadth works, why it’s crucial for traders and investors, and […]
SPDR ETF Report For Tuesday, May 28

SPDR ETF Report For Tuesday, May 28

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day that ended, Tuesday, May 28.Video Length: 00:13:16More By This Author:Financial Markets Report For Tuesday, May 28 Metals Report For Thursday, May 23 SPDR ETF Report For Thursday, May 23
Nasdaq Hits New Closing High; BOX, CAVA Report Q1

Nasdaq Hits New Closing High; BOX, CAVA Report Q1

Image Source: PexelsIt’s a tale of two markets once again today. While the blue-chip Dow 30 stayed in the red all session, the small-cap Russell 2000 was looking to break free into the closing bell, but both finished lower on the session. The S&P 500 was technically up but essentially flat, +0.025%, while the Nasdaq crossed […]
This Is Why Consumers Are So Negative

This Is Why Consumers Are So Negative

Image Source: PexelsThe most interesting debate going on these days is about consumer sentiment. The US economy has outperformed expectations by most metrics. The stock market is booming, real GDP is at potential trend, wages are growing solidly, consumers are spending, etc. And yet consumer sentiment surveys remain very negative. What gives? I think I know […]
This Fakeout Breakout Could Double Our Profits Tomorrow

This Fakeout Breakout Could Double Our Profits Tomorrow

Image Source: Pixabay Holiday’s Over – Let’s Make Some Money!  Markets are range-bound ahead of major news later this week, so the plan is simple…Buy low, sell high, trading the Fakeout Breakouts!Emini and Nasdaq are bullish into ranges, but did you see that strong move down this afternoon?That one simple clue tells me exactly where to […]
Asia Morning Bites For Wednesday, May 29

Asia Morning Bites For Wednesday, May 29

Image Source: Unsplash Global Macro and Markets   Global Markets:  Following the Memorial Day holiday, US Treasury yields reverted to an upward path. The 2Y yield rose 3 basis points, while the 10Y yield rose 8.5bp to 4.55%. “Tepid” 2 and 5 Year auctions, and the Fed’s Kashkari saying he didn’t think anyone on the FOMC ruled out […]