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Bouncing Bonds

Bouncing Bonds

Image Source: PixabayAs a lifelong permabear, it’s honestly a great feeling to be long in something that I truly believe from a charting perspective is going to go well. I own a very large quantity of TLT (this one position is bigger than all my shorts put together), and although it isn’t exciting, it’s definitely moving in the right direction, as illustrated […]
Binance goes on a hiring spree, set to employ 1,000 more for compliance roles

Binance goes on a hiring spree, set to employ 1,000 more for compliance roles

Key Takeaways Binance is increasing its compliance workforce to 700 by the end of 2024. The company’s spending on compliance has risen to over $200 million annually. Share this article Binance plans to hire 1,000 employees this year, with a focus on compliance roles, as the crypto exchange’s annual regulatory compliance spending exceeds $200 million.The […]
Asia Morning Bites For Thursday, Aug 22

Asia Morning Bites For Thursday, Aug 22

Image Source: Unsplash Global Macro and Markets   Global Markets: US Treasury yields took their direction on Wednesday from a large downward annual revision of the non-farm payrolls data, and also FOMC minutes, which seemed to point fairly firmly to a September cut – barring accidents and data surprises. The 2Y Treasury yield fell 5.3 basis points, […]
Gold Stocks Are Entering Nirvana

Gold Stocks Are Entering Nirvana

Image Source: PixabayGDX and GDXJ are inching closer to major breakouts. A small junior index is close behind them, emerging from a 12-year base.Broad sentiment remains skeptical of gold stocks, which adds fuel to the fire.Video Length: 00:08:28More By This Author:Rate Cuts To Fuel Gold But Could Delay Recession Gold Explodes Past $2500 & Gold & […]
Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Aug 21

Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Aug 21

Image Source: PexelsOn today’s update, my focus turns towards “trading” and specifically intraday. I break down today’s activity in both the NQ and ES with regard to both the Preferred and Alternate counts. I discuss the signs that should begin to let us know and understand the depth of the expected decline and what degree would […]
Financial Markets Report For Wednesday, Aug 21

Financial Markets Report For Wednesday, Aug 21

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, August 21.Video Length: 00:11:15More By This Author:Metal Markets Report For Tuesday, Aug 20SPDR ETF Report For Tuesday, Aug 20Financial Markets Report For Tuesday, Aug 20
WTI Holds Below $72.00 As Wider Middle East Conflict Fade

WTI Holds Below $72.00 As Wider Middle East Conflict Fade

Image Source: Unsplash WTI price trades in negative territory for the fifth consecutive day in Wednesday’s early Asian session. WTI price declines as worries of a wider Middle East conflict fade, but rising bets on a Fed rate cut might limit its losses.  Crude inventories fell by 4.65 million barrels to 426.03 million last week, according […]
EUR/USD Finds Fresh 13-Month High As Greenback Pummeling Continues

EUR/USD Finds Fresh 13-Month High As Greenback Pummeling Continues

Image Source: Pixabay EUR/USD crossed into new highs for the year as markets sell off the US Dollar. Investors are broadly anticipating further signs pointing to a September rate cut. US PMI figures still loom ahead alongside the impending kickoff of Jackson Hole. EUR/USD breached into a fresh 13-month peak on Wednesday, testing north of 1.1150 […]
Cryptocurrency Fuels Record ETF Launches In 2024

Cryptocurrency Fuels Record ETF Launches In 2024

Image Source: UnsplashETFs, as an investment vehicle, cover all types of asset classes, and index and active funds are seeing strong adoption across diverse areas. This is especially true as the global ETF industry saw a record-breaking 1,063 new ETF launches in the first seven months, surpassing the previous record of 988 recorded in the same […]
Fed Minutes Reveal Likely Rate Cut In September Amid Easing Inflation And Labor Market Concerns

Fed Minutes Reveal Likely Rate Cut In September Amid Easing Inflation And Labor Market Concerns

Image source: Wikipedia The ‘vast majority’ of participants believed it would be suitable to lower the federal funds rate. ‘Several participants’ had considered a 25-basis-point reduction. Recent data on inflation indicated a significant decrease in price pressure. Federal Reserve officials are edging closer to a long-awaited interest rate cut, with the latest minutes from their July […]