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US Bitcoin ETFs see historic outflows as brutal sell-off shakes crypto markets

US Bitcoin ETFs see historic outflows as brutal sell-off shakes crypto markets

Key Takeaways US Bitcoin ETFs experienced historic outflows with investors withdrawing $672 million in a day. Fidelity’s Bitcoin Fund led the outflows, followed by Grayscale and ARK Invest ETFs. Share this article US spot Bitcoin ETFs experienced their largest single-day outflow on record, with investors withdrawing approximately $672 million on Thursday amid a broad crypto […]
The Uniform Comes Off

The Uniform Comes Off

Image Source: UnsplashIt’s honestly very cool to see sanity leak into the market.Take Cintas (CTAS) for instance. I could never understand why a manufacturer of uniforms – – UNIFORMS!!! – – like nurses and cops wear! – – would have a chart like this.In a matter of days, a full 20% of the company’s value is gone. I imagine there’s VASTLY more reductions forthcoming.More By This Author:Novo Nordisk […]
Elliott Wave View: EURUSD Short Term Remains Bearish

Elliott Wave View: EURUSD Short Term Remains Bearish

Image Source: PixabayShort Term Elliott Wave view in EURUSD suggests the decline from 9.25.2024 high is in progress as an impulse. Down from 9.25.2024 high, wave 1 ended at 1.076 and wave 2 rally ended at 1.0936. Pair then resumed lower in wave 3 towards 1.033. Corrective rally in wave ended at 1.063 as the 1 […]
SPDR ETF Report For Thursday, Dec 19

SPDR ETF Report For Thursday, Dec 19

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day that ended, Thursday, December 19.Video Length: 00:14:42More By This Author:Financial Markets Report For Thursday, Dec 19Financial Markets Report For Wednesday, Dec 18Metal Markets Report For Wednesday, Dec 18
WTI Moves Below 69.00, Further Downside Seems Possible Due To Stronger US Dollar

WTI Moves Below 69.00, Further Downside Seems Possible Due To Stronger US Dollar

Image Source: Unsplash WTI price, denominated in dollars, moves for a weekly decline due to a stronger US Dollar. Crude Oil prices struggle as central banks emphasize the need for caution regarding additional rate cuts. J.P. Morgan analysts projected that Oil supply will exceed demand by 1.2 million barrels per day next year. West Texas Intermediate […]
Markets Flat After Big Selloff Day; FDX, NKE Beat On Earnings

Markets Flat After Big Selloff Day; FDX, NKE Beat On Earnings

Image Source: PexelsThe stock market gave a rebound the old college try today, but aside from a modest +15 points on the blue-chip Dow, indexes closed in the red again today. Results were nowhere near as bad as they were yesterday, but the S&P 500 slipped -5 points (-0.09%), the Nasdaq -19 points (-0.10%) and the […]
European Homeowners Decide With Their Wallets When It Comes To Energy-Efficient Renovation

European Homeowners Decide With Their Wallets When It Comes To Energy-Efficient Renovation

Image Source: UnsplashThe building sector is crucial for the green transition, accounting for about a third of Europe’s energy-related emissions in 2022. Our survey in six European countries found that while many homeowners have taken steps to improve energy efficiency, financial concerns are the main barrier to further renovation. Building sector needs to play big role in […]
Japanese Yen Struggles To Capitalize On Modest Intraday Bounce; Remains Vulnerable

Japanese Yen Struggles To Capitalize On Modest Intraday Bounce; Remains Vulnerable

Image Source: Pixabay The Japanese Yen attracts some buyers after a stronger-than-expected Japan’s National CPI. A weaker risk tone and retreating US bond yields also lend support to the lower-yielding JPY.  The Fed’s hawkish shift underpins the USD and acts as a tailwind for the USD/JPY pair.  The Japanese Yen (JPY) recovers slightly after touching a […]
Financial Markets Report For Thursday, Dec 19

Financial Markets Report For Thursday, Dec 19

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, December 19.Video Length: 00:16:54More By This Author:Financial Markets Report For Wednesday, Dec 18Metal Markets Report For Wednesday, Dec 18Metal Markets Report For Tuesday, Dec 17
Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, Dec 19

Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, Dec 19

Image Source: PixabayMarkets moved in stronger directional moves, but adhered to what the EW labeling was suggesting. I update the labeling and add some Fibonacci support levels for the EW move in force. Expectations include volatility likely remaining on the strong side with tomorrow’s very large expiration. I would expect continued larger swings in both directions.Video […]