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Archives by Year:
What’s Going On With Donald Trump’s DJT Stock?
Shares of Trump Media & Technology Group – Donald Trump’s namesake social media company – tumbled Tuesday as the stock continued a long slide that began following the former president’s guilty verdict on all 34 felony counts in his criminal hush money trial. depositphotos Trump Media’s stock declineTrump Media, which trades under the vanity ticker (DJT)” has tanked 39% […]
Are You Worried About A Recession?
“Look at this, a recession is about to hit!” depositphotos Everywhere you look, people are calling for a recession to hit. In fact, many big name investors and gurus have been calling for a recession for most of the last two years.During that time, stocks have gone up 50%. The primary reason people are calling for a recession […]
Binance launches HODLer Airdrops for BNB holders
Binance is launching HODLer Airdrops, an exclusive campaign for BNB holders who are currently subscribed to its Simple Earn yield program. The initiative will reward users with tokens from projects that have a large token circulating supply and are planning to list on Binance soon.According to Binance’s announcement, the campaign aims to engage small to […]
Is US Recession Risk Rising? Warning Signs Are Starting To Emerge
Recession talk for the US is on the march again. Although there’s still room for debate on the near-term business-cycle outlook, some indicators are highlighting decelerating growth that could be the start of trouble in the second half of the year into early 2025. depositphotos To be fair, there’s plenty of real-time pushback that suggests the economic […]
A Staggering Excess Of Oil By 2030 Is Unlikely
The International Energy Agency (IEA) recently released its Oil 2024 report, which examines the global dynamics for oil supply security, refining, trade, and investment. depositphotos The report received considerable media attention because of the projection that by 2030 oil production will reach “a staggering 8 million barrels per day above projected global demand.”The report cites the proliferation of electric […]
Nvidia Commentary – Wednesday, June 19
Nvidia Rally Rolls OnShares in Nvidia (NVDA) have broken out to fresh all-time highs this week as the stock’s AI-driven rally continues to balloon. With this latest push higher, Nvidia’s total value has risen above $3.34 trillion, making it the most valuable company in the world. Since the October 2022 lows, Nvidia shares have risen […]
The New Zealand Dollar Faces Growth Challenges
The NZD/USD pair declined to 0.6135 on Wednesday, despite the New Zealand dollar performing much better in the previous session. It rose in response to the fall of the US dollar, which was triggered by weaker-than-expected US retail sales data. These results increased bets on an imminent reduction in the cost of lending by the […]
BTC/USD Forecast: Downward Pressures
There has been a significant amount of downward pressure and it’s probably worth noting that the moving average convergence divergence indicator has crossed the zero line over the last couple of days. This suggests that we do have further downward pressure just waiting to happen. And I think at this point, we may go looking […]
Analog Devices Inc. Stocks Elliott Wave Technical Analysis – Wednesday, June 19
ADI Elliott Wave Analysis Trading Lounge Daily Chart,Analog Devices Inc., (ADI) Daily ChartADI Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minor wave 3DIRECTION: Top in 3. DETAILS: Looking for continuation higher towards medium level at 250$. We have a nice alternation between a sideways wave {iv} and a sharp wave {ii}. ADI Elliott Wave Analysis Trading Lounge 4Hr […]
Analytical Overview Of The Main Currency Pairs – Wednesday, June 19
The EUR/USD currency pairTechnical indicators of the currency pair: Prev Open: 1.0732 Prev Close: 1.0739 % chg. over the last day: +0.07 % The euro initially declined on Tuesday on a weaker-than-expected German ZEW Economic Growth Survey. The German ZEW’s Economic Growth Expectations Index for June rose 0.4 to a 2-year high of 47.5, which was weaker than expectations of 50.0. But […]
