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Archives by Year:
Elon Musk’s tweet sends adult-themed crypto prices soaring 400%
Key Takeaways Elon Musk’s tweet caused CumRocket’s price to surge by 400% in under an hour. Musk’s influence on social media continues to impact crypto prices significantly. Share this article Adult-themed crypto token CumRocket surged 400% in under an hour after Elon Musk tweeted an image featuring Apu Apustaja, a Pepe the Frog variation, alongside […]
Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, Jan 2
Image Source: UnsplashThe markets continued lower on Thursday after moving higher during Globex and into the U.S. opening. The Nasdaq took the lead on the downside and maintained that lead for the majority of the day. I discuss the current labeling and what the markets are doing to support additional declines before either Minor a or […]
What Causes Policy Mistakes?
Image Source: PexelsIn another post, I argued that two factors contributed to monetary policy mistakes: 1. Having the wrong target. 2. Having an instrument setting unlikely to hit the target. In the comment section, John made the following claim: I think this was a good post and the right post to respond to Tyler with, but it does […]
Five Funding And Legal Obstacles To Trump’s Immigration Plans
Image Source: PexelsFive Big Immigration Reform RoadblocksThe Wall Street Journal discusses The Five Biggest Roadblocks to Trump’s Immigration Agenda 1: Immigration-court backlog Most immigrants in the U.S. illegally can’t be deported without a hearing in immigration court, where they have a chance to ask for asylum or another avenue to stay in the country. But immigration courts are […]
Gold Price Forecast: XAU/USD Flat Lines Above $2,650 Ahead Of US PMI Release
Image Source: Pixabay Gold price trades flat around $2,660 in Friday’s early Asian session. Safe-haven demand and buying by global central banks lift the Gold price. The expectation of a slower pace of the US interest rate reduction might cap the upside for the yellow metal. The Gold price (XAU/USD) consolidates its gains near $2,660 after reaching […]
Stocks Crumble Amid Falling Demand For Leverage
Image Source: UnsplashThe S&P started the day significantly higher, up nearly 1%, but by midday, all those gains were erased, and we ended the session down 20 basis points. At its lowest, the S&P had been down about 70 basis points, reflecting a sharp swing from morning strength to afternoon weakness as sellers took control.The big […]
EUR/USD Kicks Off 2025 With A Fresh Move To The Downside
Image Source: Pixabay EUR/USD fell 0.8% on the first trading day of the new year. Bearish sentiment looms large over the battered Euro. Rate differential set to widen further, analysts expect parity in 2025. EUR/USD took another leg lower to kick off the 2025 trading season, falling eight-tenths of one percent and tapping the 1.0250 level for […]
US Jobless Claims Hit 8-Month Low: Key Numbers You Need To Know
Image Source: Pexels US weekly jobless claims hit an eight-month low, signaling continued strength in the labor market. Strong job market data reinforces the Federal Reserve’s projection for fewer interest rate cuts this year. The labor market is steadily slowing but not deteriorating, despite year-end volatility. The US labor market continues to display unexpected strength as […]
5 Metrics To Watch As Stocks Make 2025 Debut
Image Source: Pexels Sellers appear to be in control on Wall Street following a robust 2024. With many indicators at tipping points, now is a prime time for investors to refocus and monitor various market indicators. Below are five things equity investors should watch as 2025 kicks off on Wall Street: Sentiment: Market Flashes Fear Signal […]
Where The U.S. Gets Its Enriched Uranium
Nuclear power accounts for 19% of electricity generation in the U.S.This graphic illustrates the top sources of enriched uranium for U.S. civilian nuclear power reactors in 2023, based on data from the U.S. Energy Information Administration. The calculation is based in Separative Work Unit (SWU), a unit that defines the effort required in the uranium enrichment process. […]
