Archives by Month:

Archives by Year:

Microsoft-backed Space and Time rebrands Cenit Finance as ‘Space and Tokens’

Microsoft-backed Space and Time rebrands Cenit Finance as ‘Space and Tokens’

Key Takeaways SxT Labs enhances its product suite with Cenit Finance’s tokenomics simulator. The integration allows for improved simulation and management of token economies using verified onchain data. Share this article Space and Time (SxT) Labs, the team behind the decentralized data platform backed by Microsoft’s M12, announced today it is integrating Cenit Finance into […]
Euro/U.S. Dollar (EUR/USD) Forex Elliott Wave Technical Analysis

Euro/U.S. Dollar (EUR/USD) Forex Elliott Wave Technical Analysis

Image Source: Unsplash Euro/U.S. Dollar (EURUSD) Day ChartEURUSD Elliott Wave Technical AnalysisFUNCTION: Trend MODE: Impulsive STRUCTURE: Orange Wave 3 POSITION: Navy Blue Wave 3 DIRECTION NEXT LOWER DEGREES: Orange Wave 4 DETAILS: Orange Wave 2 appears completed, with Orange Wave 3 now unfolding. Wave Cancel Invalid Level: 1.09482The EURUSD daily chart has been analyzed using the Elliott Wave theory, revealing that the market […]
Country Small-Cap ETFs

Country Small-Cap ETFs

Small-caps in the US have been extreme laggards compared to large-caps over the last couple of years, but what about small-caps in other countries? Below is a look at the price change (%) of seven small-cap country ETFs since February 2012 (the first point in which all seven were available). The Russell 2,000 small-cap US […]
Wall Street Backs Palo Alto Networks After Impressive Q4: Is It A Buy?

Wall Street Backs Palo Alto Networks After Impressive Q4: Is It A Buy?

Image Source: Unsplash Palo Alto Networks Inc. (Nasdaq: PANW) delivered impressive Q4 2024 earnings, surpassing Wall Street’s expectations, which led to a flurry of analyst activity.On Monday, the company reported earnings per share of $1.51, exceeding the consensus estimate by $0.10.Revenue for the quarter came in at $2.2 billion, beating expectations by $40 million and representing […]
S&P 500, Nasdaq Look To Snap Best Win Streaks Of 2024

S&P 500, Nasdaq Look To Snap Best Win Streaks Of 2024

Stocks are taking a breather, with the S&P 500 Index (SPX) and Nasdaq Composite Index (IXIC) firmly lower this afternoon after yesterday nabbing their eighth-straight gains and best win streaks of the year. The Dow Jones Industrial Average (DJI) also carries a midday deficit, looking to snap a five-day win streak as traders continue to wait […]
Turkish Central Bank Keeps Rates Unchanged At 50%

Turkish Central Bank Keeps Rates Unchanged At 50%

Photo by Omid Armin on Unsplash The Central Bank of Turkey (CBT) kept the policy rate flat at 50% at the August rate-setting meeting, in line with the consensus and our call, while the interest rate corridor was also unchanged with the upper and lower at 53% and 47%, respectively.There was a reiteration of the strong policy guidance […]
Aluminum Pop Top – Manic Metals Report

Aluminum Pop Top – Manic Metals Report

Image Source: Pixabay  After gold new record high and a big rebound in silver aluminum finally saw its pop top off. A gap up on aluminum and a rounded bottom make it look like this market is going to rise and maybe a sign that China stimulus. The Aluminum Monthly Metals Index (MMI) had dropped […]
Import Tax Cut Boosts Indian Gold Demand

Import Tax Cut Boosts Indian Gold Demand

Image Source: Unsplash As expected, India’s recent gold import tax cut lowered prices and spurred demand for the yellow metal.India ranks as the world’s second-largest gold consumer behind China.Late last month, the Indian government cut taxes on gold and silver imports by more than half, lowering duties from 15 percent to 6 percent. The domestic gold price […]
FTSE Energy And Miners Weigh, Breaking The Winning Streak

FTSE Energy And Miners Weigh, Breaking The Winning Streak

Image Source: Pexels Energy and copper mining sectors caused the UK’s FTSE 100 benchmark stock index to fall by 0.76% on Tuesday; however, gains were limited by hopes that the U.S. Federal Reserve may decrease interest rates in September. The benchmark’s largest losers were energy equities, which fell 1% as a result of a decline in […]
Elliott Wave Technical Analysis: HCLTech

Elliott Wave Technical Analysis: HCLTech

HCL TECHNOLOGIES – HCLTECH (1D Chart) Elliott Wave / Technical Analysis: Function: Larger Degree Trend Higher (Intermediate degree, orange)  Mode: Motive  Structure: Impulse  Position: Minute Wave ((iii)) Navy   Details: Minute Wave ((iii)) is progressing higher within Minor Wave 5  against 1480. Invalidation point: 1480 Elliott Wave Analyst: Harsh Japee HCL Technologies Daily Chart Technical Analysis and potential Elliott Wave Counts: HCL Technologies daily chart indicates the stock is potentially progressing within Minor Wave 5 against 1230 levels in the medium term. […]