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SMCI: Nasdaq 100 Newcomer Loses Nearly Half Its Value

SMCI: Nasdaq 100 Newcomer Loses Nearly Half Its Value

Image Source: PexelsRemember Super Micro Computer (SMCI)? They were so hot earlier this year that they got shoved into the Nasdaq 100 just a couple of days ago. It has lost almost HALF its value in the past few months. I’d say it has much, much lower prices ahead.More By This Author:Betting On Jack Casey’s ValuationBonds […]
EUR/USD Price Analysis: Holds Below 1.0850, Further Downside Cannot Be Ruled Out

EUR/USD Price Analysis: Holds Below 1.0850, Further Downside Cannot Be Ruled Out

Image Source: Pixabay EUR/USD trades flat near 1.0840 in Thursday’s European session.  The pair keeps its negative outlook unchanged below the 100-period EMA on 4-hour chart, with a bearish RSI indicator.  The initial support level is located at 1.0820; the first upside target to watch is 1.0851.  The EUR/USD pair trades on a flat note around 1.0840 […]
Elliott Wave Technical Analysis: Cardano Crypto Price News For Thursday, July 25

Elliott Wave Technical Analysis: Cardano Crypto Price News For Thursday, July 25

Image Source: PixabayElliott Wave Analysis TradingLounge Daily ChartCardano / U.S. dollar(ADAUSD)ADAUSD Elliott Wave Technical Analysis Function: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave ((1))Direction Next higher Degrees: wave I of ImpulseWave Cancel invalid level: Details: the five-wave Increase of wave ((1))Cardano / U.S. dollar(ADAUSD)Trading Strategy: Cadano’s outlook looks like the Wave 1 rally is likely to end. The price is entering a […]
Forex: Yen Moves On A Nudge From Above?

Forex: Yen Moves On A Nudge From Above?

Image Source: PixabayExamining the Tokyo pre-fixing flows over the past two days; it seems there was a subtle nudge from higher-ups, as banks might have received hints from well-placed sources about a potential hawkish move from the BoJ. The price action in Tokyo has become as telling as a rate check for those paying attention. Previously, […]
Amazon Will Reportedly Start Charging $10 A Month For Premium Alexa AI Features

Amazon Will Reportedly Start Charging $10 A Month For Premium Alexa AI Features

Image Source: UnsplashAll we’ve got to say is, good luck with that.According to The Verge, Amazon is planning to release a newer, subscription-based version of Alexa – the “assistant” who knows to set food timers and tell you the weather and, well, that’s pretty much it, with generative artificial intelligence support that will cost as much as […]
US Ethereum spot ETFs see $133 million outflows one day after strong debut

US Ethereum spot ETFs see $133 million outflows one day after strong debut

Key Takeaways Spot Ethereum ETF flows turned negative on the second day. Fidelity’s Ethereum Fund outperformed BlackRock’s Ethereum ETF, which led the first day with over $266 million. US spot Ethereum exchange-traded funds (ETFs) have seen a decline in net inflows after a strong start with almost $107 million. According to data from Farside Investors, […]
SPDR ETF Report For Wednesday, July 24

SPDR ETF Report For Wednesday, July 24

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day that ended, Wednesday, July 24.Video Length: 00:14:36More By This Author:Financial Markets Report For Wednesday, July 24Metal Markets Report For Tuesday, July 23SPDR ETF Report For Tuesday, July 23
Current Analysis: Publicis Groupe

Current Analysis: Publicis Groupe

Image Source: PixabayHeadquartered in France, Publicis (PUBGY) is the world’s second-largest advertising holding company based on revenue.Publicis’ services, which include traditional and digital advertising, public relations, and consulting, are provided worldwide, with over 80% of its revenue coming from more developed regions such as North America and Europe.It serves clients in the automotive, retail, financial services, […]
Asia Morning Bites For Thursday, July 25

Asia Morning Bites For Thursday, July 25

Image Source: Unsplash Global Macro and Markets   Global Markets: Treasury markets had a mixed performance on Wednesday, as the front-end of the yield curve continued to outperform the belly and back-end of the curve. 2Y UST yields fell 2.3 basis points to 4.352%, while the 10Y yield edged 3.3bp higher to 4.284%. EURUSD is also down […]
Deep Dive Into Elliott Wave Patterns: S&P 500 & Nasdaq Analysis

Deep Dive Into Elliott Wave Patterns: S&P 500 & Nasdaq Analysis

Image Source: PixabayS&P 500, Nasdaq 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200 Featuring Elliott Wave Technical AnalysisElliott Wave Analysis Indices: Wave Four SP500 and NasdaqIn this analysis, we delve into the current Wave Four patterns observed in the S&P 500 and Nasdaq indices. We explore potential short-term and long-term outcomes, highlighting the possibility of […]