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Archives by Year:
Ripple Clears Hurdle In Court: XRP Not Ruled As Security, Claims Dismissed
On June 20, Ripple Labs Inc. achieved a significant victory in its legal battles, particularly in the federal class action lawsuit filed in the Northern District of California. The case (4:18-cv-06753-PJH), overseen by Judge Phyllis J. Hamilton, has been closely watched by the XRP community due to its potential impact on the classification of digital […]
Technical Market Report For June 22, 2024
The good news is The Nasdaq composite (OTC) and the S&P 500 (SPX) closed at all time highs last Tuesday. The NegativesThe first chart covers the last 6 months showing the OTC in blue and a 10% trend (19 day EMA) of Nasdaq new highs (OTC NH) in green. Dashed vertical lines have been drawn […]
NZD/USD Price Analysis: Bulls Struggle To Hold Gains, Kiwi Outlook Turns Negative
On Friday, the NZD/USD extended its losing streak to three days. Despite an attempt to rally which took the pair to a high of 0.6140, the bulls were unable to return to the positive side and the pair stabilized at 0.6115 The unsuccessful attempt to maintain gains solidifies the increasing bearish sentiment for the Kiwi. The […]
Metal Of The Future? Gold‘s Uses In Technology
While demand for Gold as an investment has risen greatly historically, and particularly over the past year, recent technological discoveries provide powerful potential for Gold to increase in prominence as an industrial resource. While gold does provide an excellent and relatively safe store of value, its industrial use could rapidly increase its price and universal […]
Walmart Stock Moves -0.15%: What You Should Know
The most recent trading session ended with Walmart (WMT) standing at $67.91, reflecting a -0.15% shift from the previouse trading day’s closing. This change was narrower than the S&P 500’s 0.16% loss on the day. Meanwhile, the Dow experienced a rise of 0.04%, and the technology-dominated Nasdaq saw a decrease of 0.18%.The the stock of […]
Why Consumer Sentiment Fell To A Seven-Month Low
The University of Michigan Consumer Sentiment Survey plummeted to its lowest level in seven months. The index reading for June came in at 65.6, down from 69.1 in May and under the consensus expectation of 72. In the current conditions and expectations categories, the survey fell below economists’ expectations.Year-ahead inflation expectations were unchanged this month at 3.3%, […]
Polkadot Races Ahead: Conor Daly Drives DOT To Indy 500 Spotlight
The Polkadot (DOT) network, a top-tier layer zero blockchain supporting dozens of web3 protocols, was part of this year’s Indianapolis 500-Mile Race at the Indianapolis Motor Speedway. The Polkadot ecosystem participated in the Indy 500 through a direct sponsorship of Conor Daly, a legendary and well-decorated race driver.The collaboration between Polkadot and Daly was a […]
Micron And Nike Earnings: Buy The Soaring Ai Stock And The Beaten-down Retailer?
The Nasdaq and the S&P 500 hit new highs again on Thursday morning, with the benchmark crossing above 5,500 for the first time. Sellers then stepped in to send the S&P 500 down 0.3% and the tech-heavy index 0.8% lower on the day.The pullback was welcome and a larger near-term downturn would be healthy as […]
Stocks: Is The Bubble About To Burst?
Image Source: DepositPhotosHave stocks run way too far, way too fast similar to the period right before the 2000 dot-com bubble burst? What can we learn from history?Video Length: 00:21:16More By This Author:Are Stocks Overdue For A Correction?Is The Nasdaq An Accident Waiting To Happen? Stocks: What To Watch Now
Gold And Governments Move In Right Direction
Image Source: DepositPhotosGold closed this week slightly down but remains up 12.5% year-to-date. Silver is up 25% year-to-date. This week’s political news show governments around the world moving right and central banks adding on more gold.Video Length: 00:17:46More By This Author:Gold’s Natural Scarcity Propels Its Valuation Growth “Deal’s Off”, Canadian Officials Tell ChinaRecession Indicators Flashing
