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Unlocking ASX Trading Success: BHP Group Limited

Unlocking ASX Trading Success: BHP Group Limited

Image Source: Pixabay  ASX: BHP GROUP LIMITED – BHP Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with BHP GROUP LIMITED – BHP. We confirm that since the 54.82 low, a Five-waves pattern could be unfolding to push higher, waves ((i)) and ((ii))-navy appear to be complete, ready for see wave […]
CoinGecko confirms data breach from third-party email platform

CoinGecko confirms data breach from third-party email platform

Independent crypto data aggregator CoinGecko has confirmed that it experienced a data breach on June 5, 2024, through its third-party email platform, GetResponse.The company has provided a transparent account of the incident, detailing the steps taken to address the issue and advising users on how to protect themselves.The data breach occurred when an attacker compromised […]
The Dollar Remains Soft Ahead Of The Employment Report

The Dollar Remains Soft Ahead Of The Employment Report

Image Source: Pexels  Overview: The dollar is little changed against the major currencies ahead of the US jobs report. It has been trading heavier than we expected given that two more G10 central banks cut interest rates ahead of the Federal Reserve. Next week is its meeting and the market-sensitive CPI. US rates have fallen, and as […]
Riding The Learning Curve

Riding The Learning Curve

Image Source: Pexels  In my early years of trading, I was truly awful. Despite my passion for studying the market — having already read the first two Market Wizards books (the only ones available at the time) and several other books on technical analysis, such as Technical Analysis Explained and The Visual Investor by John Murphy […]
GameStop Reports Missed Q1 Results Early

GameStop Reports Missed Q1 Results Early

Image Source: Unsplash  GameStop Corp. (NYSE: GME) has disclosed its financial results for the first quarter of 2024, ending May 4. The company reported net sales of $0.882 billion, a significant drop from the $1.237 billion reported in the same quarter of the previous year.This decline in net sales was accompanied by a reduction in selling, general, […]
Market Awaits NFP Data: Euro/Dollar Consolidates

Market Awaits NFP Data: Euro/Dollar Consolidates

Image Source: Unsplash  At the end of the week, the US dollar is hovering around an eight-week low against the euro, but trading activity remains subdued. Everyone is conserving energy ahead of this evening’s May employment data from the US. These reports are expected to provide more insight into the timing of the Federal Reserve’s monetary […]
3M Company Dividend Stock Analysis

3M Company Dividend Stock Analysis

Image Source: Pixabay  Linked here is a detailed quantitative analysis of 3M Company (MMM). Below are some highlights from the above linked analysis:Company Description: 3M Co. provides enhanced product functionality in electronics, health care, industrial, consumer, office, telecommunications, safety & security, and other markets via coatings, sealants, adhesives, and other chemical additives.Fair Value: In calculating fair value, I consider the […]
The ECB Has Started A Cycle Of Rate Cuts. Today, Investors Are Focused On The Nonfarm Payrolls Report

The ECB Has Started A Cycle Of Rate Cuts. Today, Investors Are Focused On The Nonfarm Payrolls Report

Image Source: DepositPhotosAt the end of Thursday, the Dow Jones Index (US30) rose by 0.20%, while the S&P 500 Index (US500) fell by 0.02%. The NASDAQ Technology Index (US100) closed negative 0.09% yesterday. The S&P 500 and Nasdaq 100 indices set new record highs, and the Dow Jones Industrials set a 1-week high. The US economic news released Thursday was favorable for the Fed and […]
Bitdeer unveils new chip for low-power Bitcoin mining

Bitdeer unveils new chip for low-power Bitcoin mining

Bitdeer Technologies has announced the development of the SEAL04 chip, a highly energy-efficient solution for Bitcoin mining, as part of its technology roadmap for the SEALMINER rig.Set for release in Q2 2025, the SEAL04 chip is expected to achieve an impressive power efficiency of 5J/TH (joules per terahash), significantly lower than the industry average of […]
UK House Prices Up By 1.5% In May: Halifax Report 
                    
 

UK House Prices Up By 1.5% In May: Halifax Report  

House prices in the United Kingdom saw an annual increase of 1.5% in May 2024, compared to the same month in 2023, as detailed in Halifax’s latest House Price Index report released on Friday. Monthly decline sees average price dip slightly to £288,688Despite the annual increase, house prices experienced a slight monthly decline of 0.1% in May, bringing the average […]