Archives by Month:

Archives by Year:

Consolidative Tuesday: Sept 10

Consolidative Tuesday: Sept 10

Image Source: UnsplashOverview: The US dollar is mostly consolidating so far today with a slightly heavier bias against the G10 currencies and most emerging market currencies. The larger than expected Chinese trade surplus did not lift the yuan. The greenback is trading above its 20-day moving average against the Chinese yuan for the first time since late […]
Polygon invests $5M in ‘VPU’ chips that could lower zero-knowledge proof costs

Polygon invests $5M in ‘VPU’ chips that could lower zero-knowledge proof costs

Key Takeaways Polygon Labs invests $5M in servers with custom zero-knowledge cryptography chips. The new technology could reduce the adoption timeline of zero-knowledge proofs from years to months. Share this article Polygon Labs, a major Ethereum layer-2 developer, has announced plans to purchase $5 million worth of server systems optimized for zero-knowledge (ZK) cryptography processing […]
JPMorgan Tumbles After Bank’s President Says Analysts Are “Too Optimistic”

JPMorgan Tumbles After Bank’s President Says Analysts Are “Too Optimistic”

Image Source: UnsplashThe stock of the largest US bank is tumbling this morning after Daniel Pinto, JPMorgan’s (JPM) president, said that analysts were too optimistic in projecting next year’s expenses and net interest income, sending the shares down more than 6%, and tumbling to 1-month lows…The current NII estimate of $89.5 billion is “not very reasonable” […]
Gold Attempting Breakout Within 50-Year Rising Channel

Gold Attempting Breakout Within 50-Year Rising Channel

The past 50 years have seen gold prices trading up and down but within a rising trend channel.Several things impact the price of gold, including the US Dollar, economy, war, uncertainty, etc.Our current environment is filled with concerns about all of the above. And so it’s unsurprising to see gold surging over $2500/oz.Today, we look at […]
Tech Stocks Lead Market Gains As Investors Await Key CPI Data And Fed Rate Cut Decision

Tech Stocks Lead Market Gains As Investors Await Key CPI Data And Fed Rate Cut Decision

Image Source: PexelsThe stock market seems to be experiencing some mixed action ahead of key events, with the S&P 500 and Nasdaq extending their gains thanks to strength in tech stocks, while the Dow Jones struggled, weighed down by a few underperformers. Oracle’s (ORCL) surge, driven by its strong earnings and partnership with Amazon Web Services, highlights […]
Are Gold Miners Better Than Gold?

Are Gold Miners Better Than Gold?

This past weekend, we received this question from a reader. The question is in reference to our recent article, Bull Steepener is Bearish. Specifically, the article points out that historically, stocks tend to do poorly when the yield curve exhibits a bullish steepening. However, gold miners and gold have both averaged positive returns during such yield […]
State Street unveils three new crypto-related ETFs managed by Galaxy Digital

State Street unveils three new crypto-related ETFs managed by Galaxy Digital

Key Takeaways State Street launches three actively managed ETFs focused on digital assets and disruptive technologies. The new ETFs, subadvised by Galaxy Asset Management, aim to capitalize on blockchain and digital asset market opportunities. Share this article State Street Global Advisors has announced three crypto exchange-traded funds (ETFs) sub-advised by Galaxy Asset Management. The ETFs […]
AI-Focused Drug Discovery Stocks Portfolio -8% W/e Sept 6th

AI-Focused Drug Discovery Stocks Portfolio -8% W/e Sept 6th

An IntroductionAccording to research from Grand View Research, the AI-powered drug discovery process is expected to grow by a compound annual growth rate of 30% between now and 2030 and, according to Morgan Stanley, should result in as many as 50 novel therapies being brought to market by then and generate annual sales in excess of $50B. The AI-focused […]
XAGUSD Commodity Elliott Wave Technical Analysis – Tuesday, September 10

XAGUSD Commodity Elliott Wave Technical Analysis – Tuesday, September 10

In September, Silver has given back much of the gains it made in August. However, despite the current corrective pullback, the overall bullish outlook remains intact in the short term, especially once this correction is confirmed to be complete. This analysis will explore where and when the next phase of the August rally is likely to resume. Long-Term […]
Our Cybersecurity Software Portfolio Was -9.6% Week-Ending Sept. 6th

Our Cybersecurity Software Portfolio Was -9.6% Week-Ending Sept. 6th

IntroductionTech stocks began to plummeted last Tuesday, Sept. 3rd, after the ISM manufacturing index reported August figures that came in below consensus expectations. That raised fears about the strength of the economy and increased the chances that the Federal Reserve will cut interest rates. The Pure-Play CyberSecurity Software Stocks PortfolioThe 5 largest pure-play cyber security software […]