Archives by Month:

Archives by Year:

Ethereum options traders still bullish despite recent crash: Kaiko

Ethereum options traders still bullish despite recent crash: Kaiko

Ethereum (ETH) options traders maintain a bullish stance despite the recent market turbulence, according to analysts at Kaiko. This analysis is backed by the put-call ratio dynamics, which raised in May and suggested a bearish sentiment as more puts than calls were bought.Image: KaikoHowever, this trend reversed in June as the ratio declined, indicating a […]
Lags Demand Respect

Lags Demand Respect

The US 10-2yr Treasury yield curve has been inverted (two-year yields higher than ten-year) for 23 months since July 2022. An inversion in this spread has preceded the onset of every recession in the last 50 years by an average of 10 months. Generally,  longer-than-average inversion periods (11 months Sept 12, 1980 to Oct 23, […]
Cloud Stocks: Analysis Of Docusign’s Lexion Acquisition

Cloud Stocks: Analysis Of Docusign’s Lexion Acquisition

Photo Credit: Max from Pixabay Digital signature services provider Docusign (Nasdaq: DOCU) recently announced strong quarterly results. The company is looking to expand its market reach through a focused AI-based strategy for document management. Docusign’s Financials Revenues for the fourth quarter grew 7% to $709.6 million. Billings improved 5% to $709.5 million. Adjusted earnings came in at $0.82 […]
FTSE Investors Turn Cautious Ahead Of Key UK & US Data

FTSE Investors Turn Cautious Ahead Of Key UK & US Data

Image Source: Pexels FTSE 100 in the UK pulled back modestly on Tuesday, with energy shares gaining and defence stocks declining. Investors remained cautious ahead of economic data that could impact expectations for U.S. and UK interest rates. Investors were cautious ahead of the release of U.S. personal consumption expenditure data (PCE) on Friday, with expectations […]
How Does Gold Measure Up To Other Asset Classes?

How Does Gold Measure Up To Other Asset Classes?

 The investment world generally treats gold like a second-class citizen. Sure, the mainstream will sit up and take notice during a strong bull run, but generally, the financial media and investment gurus tend to spurn the yellow metal. I’m not completely sure why the mainstream pooh-poohs gold (although I have my theories), but I do know […]
Elliott Wave Technical Analysis: Wheat Commodity

Elliott Wave Technical Analysis: Wheat Commodity

Image Source: Unsplash  Wheat Elliott Wave Analysis Function – Trend Mode – Trend Structure -Impulse wave Position – Wave A of (B) Direction – Wave A of (B) is still in play Details –  Wheat daily and H4 have been adjusted due to how fast and deep decline from 720’4 has emerged. The long-term forecast on the […]
The PCE Report, War, & Gold

The PCE Report, War, & Gold

The main global economic theme right now is sticky inflation and fading growth.  The Dow has been drifting sideways since March For gold, the drift began on April 12.Friday’s PCE inflation report could be the catalyst that pushes both gold and the Dow out of these range trades.If the break is to the downside, gold […]
EUR/USD Forex Signal: Double-Bottom, Bullish Divergence Pattern Forms

EUR/USD Forex Signal: Double-Bottom, Bullish Divergence Pattern Forms

Bullish view Buy the EUR/USD pair and set a take-profit at 1.0800. Add a stop-loss at 1.0675. Timeline: 1-2 days.  Bearish view Set a sell-stop at 1.0725 and a take-profit at 1.0670. Add a stop-loss at 1.0800.  The EUR/USD exchange rate stabilized as traders waited for the upcoming US consumer confidence and housing numbers. It was trading […]
Novo Nordisk Wins Approval For Its Weight-Loss Drug From China 
                    
 

Novo Nordisk Wins Approval For Its Weight-Loss Drug From China  

Novo Nordisk A/S (NVO) climbed 3.0% to an all-time high on Tuesday after China approved the sale of its weight-loss treatment Wegovy.  Why is it a big deal for Novo Nordisk stock?Novo Nordisk is yet to reveal the details of its launch plan. How much will its weight-loss drug cost in China remains unknown as well. Nonetheless, […]
Analytical Overview Of The Main Currency Pairs – Tuesday, June 25

Analytical Overview Of The Main Currency Pairs – Tuesday, June 25

Image Source: Pexels  The EUR/USD currency pairTechnical indicators of the currency pair: Prev Open: 1.0683 Prev Close: 1.0732 % chg. over the last day: +0.46 % The euro rose on Monday on hawkish comments from ECB executive board spokeswoman Schnabel, who said that the risk of a spike in inflation in the Eurozone remains high. The latest Ifo survey […]