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Bull Of The Day: Netflix 
                    
 

Bull Of The Day: Netflix  

Netflix (NFLX) is considered a pioneer in the streaming space, evolving from a small DVD rental provider to a dominant streaming service provider. The stock has enjoyed positive earnings estimate revisions across the board, landing the stock into the highly-coveted Zacks Rank #1 (Strong Buy). Image Source: Zacks Investment ResearchIn addition to favorable earnings estimate […]
Bitcoin’s delayed breakout signals a healthy bull market, suggests analyst

Bitcoin’s delayed breakout signals a healthy bull market, suggests analyst

Bitcoin’s prolonged period of price consolidation could be setting the stage for a robust bull market, according to technical analyst Rekt Capital. “The fact that Bitcoin is struggling to break out is beneficial for the overall cycle,” Rekt Capital explained in a recent post on X. “This continued consolidation is enabling price to resynchronize with […]
Bitcoin Analyst Predicts Six-Figure Prices, Eyes Gold’s Market Cap Competition

Bitcoin Analyst Predicts Six-Figure Prices, Eyes Gold’s Market Cap Competition

Image Source: DepositPhotosJames Check, former leader of the analyst team at Glassnode, has shared a very bullish outlook for Bitcoin (BTC) with the analyst predicting a six-figure price in the current cycle.  In a recent interview, James Check stated that BTC could surge by 120% from its current price. Currently trading at $67,060.23, a 1.13% surge in the last 24 hours, James predicts […]
The World’s Top Retail Companies, By Domestic Revenue

The World’s Top Retail Companies, By Domestic Revenue

The retail sector plays a vital role in powering economies, contributing $5.3 trillion annually to America’s GDP alone.Moreover, the industry is America’s biggest private-sector employer, responsible for one of every four jobs, or 55 million employees. Yet in today’s challenging consumer environment, retailers are facing higher e-commerce penetration and inflationary pressures—across an industry notoriously known for razor-thin […]
Unlocking ASX Trading Success: ANZ Group Holdings Limited

Unlocking ASX Trading Success: ANZ Group Holdings Limited

Image Source: Unsplash  ASX: ANZ GROUP HOLDINGS LIMITED – ANZ Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with ANZ GROUP HOLDINGS LIMITED – ANZ. We identified wave 3-grey which seems to be unfolding to push higher, it is subdividing into wave ((ii))-navy, which is an opportunity to look for a […]
Bitcoin Price Is Recovering From Last Night’s Drop To $66400

Bitcoin Price Is Recovering From Last Night’s Drop To $66400

Bitcoin chart analysisThe price of Bitcoin retreated to the $66,400 level last night, close to the previous weekly low. With the new support, a bullish consolidation. Today, it has surged back above $67,000, and we anticipate its continuation above the $67,500 level. This upward trend is expected to be bolstered by the support from the EMA50 moving […]
AUD/USD Price Analysis: Sideways Trend Continues Unfolding

AUD/USD Price Analysis: Sideways Trend Continues Unfolding

AUD/USD is in a down-leg within a narrow trading range.  The pair is probably in a sideways trend with the odds favoring an extension of that trend.  A decisive break above or below the top or bottom of the range would generate follow-through targets.   AUD/USD is trading in a range between 0.6590 and 0.6709. At […]
US Stock Indices Are Renewing Their Highs. The Bank Of Japan Kept Interest Rates Unchanged

US Stock Indices Are Renewing Their Highs. The Bank Of Japan Kept Interest Rates Unchanged

Stock indices traded mixed on Thursday. At the end of Thursday, the Dow Jones Index (US30) fell by 0.17%, while the S&P 500 index (US500) gained 0.23%. The NASDAQ Technology Index (US100) closed positive 0.34%. Stocks were supported by lower bond yields following an unexpected decline in the US Producer Price Index for May. In addition, weekly jobless claims unexpectedly rose to […]
Bank Of England To Use June Meeting To Lay The Ground For A Summer Rate Cut

Bank Of England To Use June Meeting To Lay The Ground For A Summer Rate Cut

Image Source: Pexels  Six things to watch out for at the Bank of England’s June meeting.  Will the Bank of England cut rates on Thursday?Markets overwhelmingly think the answer to this question is no. The swaps curve is pricing barely a 5% chance of a rate cut. Much of that is down to the latest inflation data, but clearly […]
OPEC Is Trying To Outlast The Shale Boom

OPEC Is Trying To Outlast The Shale Boom

Image Source: Pixabay  Since 2008, the shale boom has grown U.S. oil production by about 9 million barrels per day. In the early days of the shale boom, when it wasn’t clear whether this development would have a significant impact, it was largely ignored by OPEC. By late 2014, as U.S. oil production growth was approaching […]