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Midland Research’s USDA August Crop Supply/Demand And Crop Production Report

Midland Research’s USDA August Crop Supply/Demand And Crop Production Report

The USDA resurvey of the 2024 US plantings in the US August crop report did some dipsey doodling with their US corn and soybean plantings from the NASS June acreage report.  After increasing the US corn plantings by 1.44 million acres to 91.48 million in June, the latest update placed this year’s area at 90.75 […]
FX Daily: First Inflation Test Of The Week

FX Daily: First Inflation Test Of The Week

Image Source: Unsplash  US PPI data will be the first inflation-related test of this week for global equities (which have continued to recover) before tomorrow’s key CPI figures. We expect 0.2% month-on-month prints to keep investors’ nerves relaxed and favor an orderly USD decline.  USD: First hurdle of the weekThe most noteworthy development in an otherwise […]
Market Briefing For Tuesday, August 13

Market Briefing For Tuesday, August 13

Calm before the storm – or not, is the question. War or peace. Ceasefire or not, weaker Retail Sales or not. A motivated Fed in late summer, or not. depositphotos Accelerated anxiety? For sure, but you can’t really feel tension on the tape as it remains a bifurcated market, with the small-cap rotation actually hanging-in.This is actually a […]
‘Asia’s MicroStrategy’ Metaplanet buys ¥500 million worth of Bitcoin

‘Asia’s MicroStrategy’ Metaplanet buys ¥500 million worth of Bitcoin

Key Takeaways Metaplanet purchased ¥500 million in Bitcoin, totaling about 303 BTC. The firm uses Bitcoin to minimize exposure to the weakening yen. Metaplanet, a Japanese public company recently known for its steady Bitcoin accumulations, has acquired an additional ¥500 million worth of Bitcoin (BTC), said Simon Gerovich, the company’s CEO in a recent post […]
Missed Opportunity: Huntsman’s Plunge And The Puts I Sold Too Soon

Missed Opportunity: Huntsman’s Plunge And The Puts I Sold Too Soon

Image Source: PixabayOh, brother. I was glancing through my charts and saw that Huntsman (HUN) had completed a fantastic top I had been following for ages. Did I own puts on it? Yeah. Did I sell them too soon? Yeah, on July 27th. How have they done? They’ve doubled. Is HUN going to keep plunging for months? Yeah, I think so. Do I […]
US Records 2nd Biggest July Deficit In History As 25% Of Tax Revenue Go To Pay Interest

US Records 2nd Biggest July Deficit In History As 25% Of Tax Revenue Go To Pay Interest

Image source: PixabayWhile there was much more talk about the soaring US budget deficit earlier this year, when debt seemed to rise by $1 trillion every other month, lately it appears that the topic has become almost taboo perhaps because neither presidential candidate has any plan or clue how to normalize the trend which assures fiscal […]
Elliott Wave Technical Analysis: Bitcoin Crypto Price News For Tuesday, Aug 13

Elliott Wave Technical Analysis: Bitcoin Crypto Price News For Tuesday, Aug 13

Image Source: PexelsElliott Wave Analysis TradingLounge Daily ChartBitcoin / U.S. dollar(BTCUSD)BTCUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: Double Correctiveposition: Wave ((Y))Direction Next higher Degrees: wave IVWave Cancel invalid level: Details: The decline of wave IV is likely to end and the price is re-entering the uptrend.Bitcoin / U.S. dollar(BTCUSD)Trading Strategy: It seems that the fourth wave correction is not […]
This PPI Reversal Could Be A Huge Payday

This PPI Reversal Could Be A Huge Payday

Image Source: Unsplash Buckle up… PPI coming tomorrow!  Markets are 2-sided going into big inflation news tomorrow morning, and these (2) reversal setups could be EASY MONEY!I see 3 clues on the charts tonight, telling us where the best entries and exits will be tomorrow…1 of those clues tell me exactly where to find this perfect […]
Markets Mixed Ahead Of Key Inflation Data

Markets Mixed Ahead Of Key Inflation Data

Image Source: UnsplashStock market indexes were mixed, rallying around the maypole today. The Dow looked poised to pare losses in the final moments of trading but fell to near-session lows at the bell: -140 points, -0.36%. The S&P 500 was flat as a pancake today unless viewed through a magnifying glass: +0.0043%. The Nasdaq gained +35 […]
SunPump Beta launches on TRON, driving innovation in meme coin development

SunPump Beta launches on TRON, driving innovation in meme coin development

Key Takeaways SunPump Beta provides a secure, low-cost platform for launching and trading meme coins. The platform features a liquidity and token burn mechanism to maintain market integrity. Singapore, August 13, 2024 – SUN.io, a leading DeFi platform on TRON, is thrilled to announce the launch of SunPump Beta, the first dedicated platform for the […]