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Archives by Year:
MetaMask reportedly working on native Bitcoin integration
MetaMask, the popular Ethereum wallet with over 30 million monthly active users, is reportedly preparing to support native Bitcoin (BTC) transactions, according to reports citing persons familiar with the matter.While the company has not officially confirmed the rumors or provided a specific timeline, the integration could potentially be available as early as June, with features […]
AgMaster Report – Wednesday, May 22
JULY WHT When it takes a mkt only 2 days rally to recapture what it lost in 5, that speaks volumes about its underlying strength – and that indeed encapsulates July Wht! Weather woes in the Black Sea area including drought & frost have energized the former lackluster mkt to a sparkling $1.50 rally in […]
5 Stocks Orbiting Nvidia’s Earnings Report Today
Image courtesy of 123rf.com When Nvidia (Nasdaq: NVDA) released its earnings report in February for (fiscal) Q4 ‘24, it significantly impacted other tech stocks. Having exceeded expectations and outperformed in data center revenue, the chipmaker bumped the Nasdaq 100 (NDX) index by 3% into the next day.This is not surprising with Nvidia’s current market cap gravity pull of $2.38 […]
Inflationary Dangers Of High Tariffs
Image Source: Pixabay Alhambra CEO Joe Calhoun addresses: (Question) What are the inflationary dangers of US tariff policies? We recently had the current administration announce new tariffs on Chinese goods continuing a bipartisan push for tariffs. This package includes 100% tariffs on Chinese electric vehicles as well as new tariffs on steel, aluminum, batteries and medical […]
Why Is Moderna Stock Up 10% On Wednesday?
Image Source: Pixabay Moderna Inc (Nasdaq: MRNA) is up more than 10% on Wednesday after a child tested positive for avian influenza in Australia. Why is significant for Moderna stock? It’s the first human case of bird flu recorded in the land down under. The child tested positive was travelling from India, as per the authorities.Roy […]
Dollar Breakout: Can Gold Bulls Hold The Line?
Breakouts in greenback pushed the yellow metal under Monday’s gap. Can we trust this move? The U.S. Dollar – The Current Outlook The first thing that catches the eye on the daily chart is the breakout above the 50-day moving average and the short-term red declining resistance line based on the previous peaks.Thanks to this […]
April Existing Home Sales Remain Deeply Depressed
Let me tie this morning’s report on April existing home sales into my two last posts, which concerned the huge role that shelter prices, and the underlying shortfall in housing capacity, have in the continued elevation in overall consumer prices.So let’s start by looking at the last 10 year history of existing home inventories [note: […]
It’s NVDA’s Day In NVDA’s Market
On January 17th of this year, when Nvidia (NVDA) was beginning the latest, most significant leg of its utterly spectacular run, we wrote a piece entitled, “It’s NVDA and Everything Else”. At that time the stock was a “mere” $560.Since then, the stock is up about 70% in just over four months, and I will assert […]
Q1 2024 U.S. Retail Scorecard – Wednesday, May 22
Image Source: Unsplash To date, 151 of the 201 companies in our Retail/Restaurant Index have reported their EPS results for Q1 2024, representing 75% of the index. Of those companies that have reported their quarterly results, 74% announced profits that beat analysts’ expectations, while 1% delivered on-target results and 25% reported earnings that fell below estimates. […]
Experts speak out on how high Ethereum could go with an ETF approval
Tomorrow is the final deadline for the approval of VanEck’s spot Ethereum exchange-traded fund (ETF) in the US, and expectations are high. Bloomberg ETF analyst James Seyffart shared that an approval movement “is happening,” despite regulatory indicators pointing out to the contrary direction until Monday.As a result, Ethereum (ETH) leaped up to 21% in less […]
