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General Motors Delays Electric Vehicle Expansion Amid Strategic Adjustments

General Motors Delays Electric Vehicle Expansion Amid Strategic Adjustments

Image Source: PixabayGeneral Motors (GM) has announced a significant delay in its electric vehicle (EV) expansion plans, impacting the automaker’s ambitious production targets. On Tuesday, GM revealed it would push back the opening of its second U.S. electric truck plant in Michigan by six months. Originally set to begin operations in 2025, the plant will now be retooled […]
Don’t Buy What The Media Is Selling

Don’t Buy What The Media Is Selling

Image Source: PexelsI recently received an email from a reader asking why I hadn’t made a specific type of stock recommendation in a while.“Is it because of our failing economy?” he asked. “And does this mean that until we have a new president, it’s in the tank?”Respectfully, the only way you could think that the economy […]
USD/JPY Price Analysis: Plummets Below Ichimoku-Cloud, Eyes Further Downside

USD/JPY Price Analysis: Plummets Below Ichimoku-Cloud, Eyes Further Downside

Image Source: Pixabay USD/JPY drops below Ichimoku Cloud, first since January 15, hinting at possible extended downtrend. Bearish RSI suggests further falls; supports at 155.00, 154.55, 151.86. Resistance at 156.33; breach may push to 157.00, potentially reversing trend. The USD/JPY plummets over 0.85% and drops below the Ichimoku Cloud (Kumo) for the first time since January […]
Australian Dollar Sees More Red On Chinese Economic Woes

Australian Dollar Sees More Red On Chinese Economic Woes

Image Source: Unsplash AUD/USD registered significant declines on Tuesday towards 0.6615. The slowdown in Chinese economic activity is contributing to the decline in commodity prices. The stubbornly high inflation continues to prompt the RBA to delay rate cuts. In Tuesday’s trading session, the Australian Dollar (AUD) suffered further losses against the USD, with AUD/USD falling to 0.6615. This […]
WTI Rebounds Off Technical Support After API Reports Across-The-Board Inventory Draws

WTI Rebounds Off Technical Support After API Reports Across-The-Board Inventory Draws

Photo by Timothy Newman on UnsplashOil futures settled at their lowest level in over six weeks on Tuesday, with U.S. prices extending losses into a fourth straight session, as worries about a slowdown in demand fed broad weakness among commodities. “Oil bears appear to be getting in early ahead of the seasonal decline for oil prices,” Han Tan, chief […]
Kamala Harris campaign in talks to speak at Bitcoin Conference

Kamala Harris campaign in talks to speak at Bitcoin Conference

Key Takeaways Mark Cuban views Kamala Harris as more open to crypto and tech than Biden. Harris’s team consults crypto executives ahead of the Democratic National Convention. Bitcoin Magazine CEO David Bailey revealed talks are underway with Kamala Harris’ campaign about potentially speaking at the Bitcoin Conference, signaling a possible shift in Democratic party positioning […]
Pure-Play Cloud Computing SaaS Stocks Lagging Expectations

Pure-Play Cloud Computing SaaS Stocks Lagging Expectations

Image Source: Unsplash An Introduction The sell-off in the munKNEE Pure-Play Cloud Computing SaaS Stocks Portfolio continues, DOWN 6.4% MTD, DOWN 1.2% in just the past week, and now DOWN 15.0% YTD. Surprisingly, that weakness is despite the fact that the global cloud computing SaaS market is expected to experience a CAGR of 18.4% between now […]
Trump, Trade, And The Dollar

Trump, Trade, And The Dollar

Image Source: Pexels Alhambra CEO Joe Calhoun talks about the Tradeoff a Trump administration will have to make between fighting inflation and weakening US dollar to benefit exports.Video Length: 00:06:38More By This Author:Goldilocks Economy Weekly Recap & DARP Update The Fed Needs To Shut Up
Market Talk – Tuesday, July 23

Market Talk – Tuesday, July 23

Image Source: Pixabay ASIA:The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 4.61 points or -0.01% to 39,594.39 Shanghai decreased 48.85 points or -1.65% to 2,915.37 Hang Seng decreased 166.52 points or -0.94% to 17,469.36 ASX 200 increased 39.40 points or 0.50% to 7,971.10 KOSPI increased 10.78 points or 0.39% to 2,774.29 […]
A Favorite Trade Setup – Symbotic

A Favorite Trade Setup – Symbotic

Symbotic Inc. (SYM) is an automation technology company that focuses on improving operating efficiencies in modern warehouses.Here are some key points about Symbotic: Business Focus: Symbotic automates the processing of pallets and cases in large warehouses or distribution centers for retail companies. Their systems enhance operations at the front end of the supply chain. Stock […]