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Investors create group to take legal action against ZKasino co-founders

Investors create group to take legal action against ZKasino co-founders

Investors created a Telegram called “ZKasino Legal Task Force” aiming to prosecute gambling blockchain infrastructure ZKasino co-founders after they swapped nearly $33 million in Ether (ETH) for their native token. After the swap, the co-founders went dark and their groups started banning users that suggested the possibility of an exit scam being executed, according to […]
Chart Of The Day: SkyWest – Flying High To An All Time High

Chart Of The Day: SkyWest – Flying High To An All Time High

Image Source: Unsplash   100% technical buy signals 6 new highs and up 6.32% in the last month 149.81+ Weighted Alpha The Chart of the Day belongs to the regional airline SkyWest (SKYW). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum […]
Nasdaq 100 & S&P 500 Elliott Wave Update – Tue, April 23

Nasdaq 100 & S&P 500 Elliott Wave Update – Tue, April 23

Image Source: Unsplash The volatility trade remains engaged on Tuesday. Both the NQ & ES pushed higher and pushing resistance higher and supply initial evidence of the possibility of the indexes moving to new ATH’s before the next cycle trough hits. I update both Preferred counts. I review the Fibonacci levels for both counts.Video Length: 00:19:19More […]
Stocks And Precious Metals Charts – Hiding Out

Stocks And Precious Metals Charts – Hiding Out

Stocks continued moving higher in a relief rally from a short-term oversold condition.Without a fresh fundamental reason to continue to rise higher, the correction in the market is probably coming quickly to an end.Non-Farm Payrolls report for April on next Friday, May 3rd will likely affect the markets.Gold and silver were hit hard early on, […]
The VIX May Soon Start To Turn Higher Again

The VIX May Soon Start To Turn Higher Again

Image Source: Pixabay The stock market rally has been driven by implied volatility melting and rates and the dollar stalling out ahead of a big week of data to come.Video Length: 00:07:06More By This Author:Stocks Rally As Rates Stall Ahead Of Treasury Auctions And Data Dump Economic Data Could Send Rates Soaring And Stocks Lower The […]
Market Talk – Tuesday, April 23

Market Talk – Tuesday, April 23

ASIA:The major Asian stock markets had a mixed day today: NIKKEI 225 increased 113.55 points or 0.30% to 37,552.16 Shanghai decreased 22.62 points or -0.74% to 3,021.98 Hang Seng increased 317.24 points or 1.92% to 16,828.93 ASX 200 increased 34.30 points or 0.45% to 7,683.50 Kospi decreased 6.42 points or -0.24% to 2,623.02 SENSEX increased […]
ARK Destroyed More Wealth Than Any Asset Manager Over The Previous Decade

ARK Destroyed More Wealth Than Any Asset Manager Over The Previous Decade

ARKK ARK Innovation Fund courtesy of StockCharts/Com annotations by MishCathie Wood Investors Jumping ShipThe Wall Street Journal reports Cathie Wood’s Popular ARK Funds Are Sinking Fast Cathie Wood’s investors are jumping ship. They rushed into her funds and won big during the pandemic, when the star fund manager became a social-media sensation by making bold bets […]
Visa Blows Past Expectations In Its Fiscal Q2

Visa Blows Past Expectations In Its Fiscal Q2

Image Source: Unsplash Visa Inc (NYSE: V) is trading up in extended hours on Tuesday after reporting market-beating financial results for its second quarter. Here’s what Visa expects for fiscal 2024 Investors are cheering also because the management issues upbeat guidance for the future. Visa now forecasts low-teens and low-double-digit growth in its earnings and revenue […]
Rates Spark: The Stakes Get Raised

Rates Spark: The Stakes Get Raised

The return of risk-on opens further upside to yields, although US data Tuesday was weak, and demand at the 2yr auction very strong. The eurozone PMIs paint a more upbeat growth picture and with rate cuts beyond June still uncertain, we may see increased focus on growth going forward. Still a keen focus on the US PCE deflator […]
Earnings Deliver In Spades

Earnings Deliver In Spades

Image Source: Pexels MARKETStocks ripped higher for a second consecutive day on Tuesday, buoyed by robust corporate earnings that helped alleviate fears surrounding higher for longer evolving narrative.A more positive trend emerged, fuelled by robust earnings reports. This uptick reflects investor confidence in the resilience of corporate America amid challenging economic conditions. As companies deliver strong […]