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Bitcoin ETFs record largest single-day inflow since June as Bitcoin touches $73K

Bitcoin ETFs record largest single-day inflow since June as Bitcoin touches $73K

Key Takeaways Investors flocked to US Bitcoin ETFs on Tuesday, pouring in a record $870 million. The surge coincided with Bitcoin’s 7% weekly gain, propelling the crypto above the $73,000 mark. Share this article US spot Bitcoin ETFs saw a massive $870 million net inflow on Tuesday, the largest single-day influx since June 4, according […]
Elliott Wave View: Apple Looking To End Wave 5

Elliott Wave View: Apple Looking To End Wave 5

Image Source: UnsplashShort Term Elliott Wave View in Apple (AAPL) shows a 5 swing diagonal from 9.16.2024 low. Up from 9.16.2024 low, wave 1 ended at 233.09 and dips in wave 2 ended at 221.15. The stock resumed higher in wave 3. Up from wave 2, wave ((i)) ended at 225.97 and dips in wave ((ii)) […]
Japanese Yen Hangs Near Multi-Month Low Against USD Amid BoJ Rate-Hike Uncertainty

Japanese Yen Hangs Near Multi-Month Low Against USD Amid BoJ Rate-Hike Uncertainty

Image Source: Pixabay The Japanese Yen remains within striking distance of a multi-month low against the USD.  The BoJ rate-hike uncertainty and the upbeat market mood continue to undermine the JPY. Traders now look to the crucial BoJ policy decision and important US macro data this week. The Japanese Yen (JPY) struggles to capitalize on a […]
WTI Stabilizes Around $67.50 Following A Surprise Drop In US Stockpiles

WTI Stabilizes Around $67.50 Following A Surprise Drop In US Stockpiles

Image Source: Pixabay WTI price receives some support from a drop in US crude oil inventories. API Weekly Crude Oil Stock fell by 0.573 million barrels in the previous week, against an expected 2.3 million-barrel increase. An Axios reporter stated that Israeli Prime Minister Benjamin Netanyahu would discuss a diplomatic resolution to the war in Lebanon. […]
Top Stocks To Buy For Artificial Intelligence Exposure

Top Stocks To Buy For Artificial Intelligence Exposure

Photo by Mohamed Nohassi on UnsplashZacks Thematic Screens lets you dive into 30 dynamic investment themes shaping the future. Whether you’re interested in cutting-edge technology, renewable energy, or healthcare innovations, our themes help you invest in ideas that matter to you.Let’s take a closer look at the Artificial Intelligence theme and analyze a few stocks that the screen […]
Reddit Soars

Reddit Soars

Image Source: PixabayOn the heels of my Reddit Gets Legs post from three days ago, after-hours trading shows RDDT exploding to lifetime highs.More By This Author:Tesla’s Path To $400 Reddit Gets LegsSmitten With Novo Nordisk
Apple Intelligence And Iron Man

Apple Intelligence And Iron Man

Photo by Steve Johnson on UnsplashThere are two unrelated stories in the news this morning that caught my attention. First, Apple Intelligence is here. It was publicly introduced yesterday as part of iOS 18.1, iPadOS 18.1, and macOS Sequoia 15.1. Key features include advanced writing tools for text proofing, tone adjustments, and summarization. Siri enhancements add contextual understanding, […]
GBP/USD Softens To Near 1.3000 Ahead Of UK Autumn Budget

GBP/USD Softens To Near 1.3000 Ahead Of UK Autumn Budget

Photo by Colin Watts on Unsplash GBP/USD edges lower to near 1.3010 in Wednesday’s early Asian session. Job openings fell more than expected in September.  Traders brace for the UK’s Autumn Budget, advanced US Q3 GDP data, which will be released on Wednesday. The GBP/USD pair weakens around 1.3010 despite the consolidation of the US Dollar (USD) during the early […]
Alphabet, Visa, Reddit Up On Strong Earnings Numbers

Alphabet, Visa, Reddit Up On Strong Earnings Numbers

Image Source: UnsplashMarket indexes started off slowly this morning, but managed to climb into positive territory before noon. For the Nasdaq — which notched its first all-time closing high since July — and the S&P 500, they were able to stay in the green, while the Dow and small-cap Russell 2000 finished mildly in the red.The […]
Demystifying Derivatives

Demystifying Derivatives

Image Source: Pexels Derivatives are financial contracts between two or more parties that are based on the performance of an underlying asset or index. Derivatives can be used to hedge extreme market selloffs, exposure gaps between assets and liabilities, changes in interest rates or inflation expectations, the future price of commodities, the risk of missing out […]