Archives by Month:

Archives by Year:

Ethereum Spikes After SEC Drops Investigation

Ethereum Spikes After SEC Drops Investigation

Image Source: PixabayThe Securities and Exchange Commission is dropping its investigation into whether Ether is a security, Ethereum developer Consensys said Wednesday.“The Enforcement Division of the SEC has notified us that it is closing its investigation into Ethereum 2.0,” the firm said in a June 19 X post.“This means that the SEC will not bring charges alleging […]
The Commodities Feed: Further European Gas Disruptions

The Commodities Feed: Further European Gas Disruptions

Image Source: Unsplash Energy – Further European gas disruptions  Oil markets continued to strengthen yesterday. ICE Brent settled 1.28% higher on the day, taking it back above $85/bbl. This is the market’s strongest close since late April. While a broader risk-on move has proved supportive for oil, there are also some signs of strength in the […]
SPDR ETF Report For Tuesday, June 18

SPDR ETF Report For Tuesday, June 18

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day that ended, Tuesday, June 18.Video Length: 00:11:22More By This Author:Financial Markets Report For Tuesday, June 18Metals Report For Monday, June 17SPDR ETF Report For Monday, June 17
Elliott Wave Technical Analysis: Polkadot Crypto Price News For Wednesday, June 19

Elliott Wave Technical Analysis: Polkadot Crypto Price News For Wednesday, June 19

Image Source: PexelsElliott Wave Analysis TradingLounge Daily Chart Polkadot/ U.S. dollar(DOTUSD) DOTUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Flat Position: Wave C Direction Next higher Degrees: wave (II) of Impulse Wave Cancel invalid level: Details: Wave II Is equal to  61.8% of  Wave I at 5.225Polkadot/ U.S. dollar(DOTUSD)Trading Strategy: Polkadot is overall […]
Nvidia Literally Pulls Nasdaq To New All-Time High

Nvidia Literally Pulls Nasdaq To New All-Time High

Image Source: UnsplashMarkets were tepid today, leading into the mid-week holiday. The good news is, all major indices closed in the green. The Dow enjoyed its second-straight session up at the close, +56 points or +0.15%, while the S&P 500 rose +0.25%, the index’s 31st record-high close this year so far.The small-cap Russell 2000 split the […]
Uranium Miners ETF Looking To End Impulsive Rally

Uranium Miners ETF Looking To End Impulsive Rally

Image Source: PexelsThe Global X Uranium ETF (URA) provides investors access to a broad range of companies involved in uranium mining and the production of nuclear components. It includes those miners involved in extraction, refining, exploration, or manufacturing of equipment for the uranium and nuclear industries. $URA offers a convenient way for investors to gain diversified […]
USD/JPY Flat Lines Below 158.00, Bulls Turn Cautious Amid Subdued USD Price Action

USD/JPY Flat Lines Below 158.00, Bulls Turn Cautious Amid Subdued USD Price Action

Image Source: Pixabay USD/JPY consolidates its recent gains to the highest level since late April. The BoJ April meeting minutes fail to provide any impetus to the major. Tuesday’s disappointing US data weigh on the USD and cap the upside. The USD/JPY pair is seen oscillating in a narrow band during the Asian session on Wednesday […]
5 Technology Stocks Powering S&P 500 ETF This Year

5 Technology Stocks Powering S&P 500 ETF This Year

Image Source: Pexels  The S&P 500 has been on a bull run this year, touching a series of record highs buoyed by rate-cut bets, strong corporate profit growth, and the ongoing artificial intelligence (AI) craze. The benchmark registered its 30th record close of the year.SPDR S&P 500 ETF Trust (SPY – Free Report), the proxy version of the S&P 500 […]
This Bull Trap Could Be A Huge Payday

This Bull Trap Could Be A Huge Payday

Image Source: Unsplash Wow, charts look great ahead of the holiday!  Markets may be closed tomorrow, but I’ll be looking for this BULL TRAP when we re-open on Thursday morning!I see (3) clues on the charts tonight – Big move yesterday, shallow pullback today, and a beautiful trading-range…Put those clues together and we have a recipe […]
Asia Morning Bites For Wednesday, June 19

Asia Morning Bites For Wednesday, June 19

Image Source: Unsplash Global Macro and Markets   Global Markets:  US Treasury yields reversed course on Tuesday and began heading lower again. Both 2 and 10Y yields dropped by about 5-6 basis points, undoing the previous day’s gains. The 10Y yield is now 4.223%. Perhaps this reflects a bit of front-running of the forthcoming PCE numbers, which […]