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BlackRock’s Bitcoin ETF suffers record-high outflows of $332 million

BlackRock’s Bitcoin ETF suffers record-high outflows of $332 million

Key Takeaways BlackRock’s IBIT experienced a record single-day outflow of $332 million on January 1. US spot Bitcoin ETFs collectively faced outflows of $650 million for the week. Share this article BlackRock’s iShares Bitcoin Trust (IBIT) recorded its largest single-day outflow of over $332 million on January 1, surpassing its previous record of $188 million […]
2 Bargain Energy Stocks To Buy As We Begin 2025: GPRK, SUN

2 Bargain Energy Stocks To Buy As We Begin 2025: GPRK, SUN

Image Source: PexelsEnergy stocks have been quite volatile recently, but Geopark (GPRK – Free Report) and Sunoco LP (SUN – Free Report) are two to consider with crude oil prices rebounding to over $70 a barrel.To that point, both stocks are starting to glamor in terms of value and have landed spots on the coveted Zacks Rank #1 (Strong Buy) list as […]
XAG/USD Surges To Near $29.50 Due To Increased Safe-Haven Demand

XAG/USD Surges To Near $29.50 Due To Increased Safe-Haven Demand

Image Source: Pixabay Silver price receives support from safe-haven demand amid increased geopolitical tensions. US President Joe Biden reportedly explored contingency plans to target Iran’s nuclear facilities The industrial use of grey metal could advance as traders expect an economic recovery in China. Silver price (XAG/USD) extends its gains for the third successive day, trading around […]
5 Best-Performing Sector ETFs Of Q4

5 Best-Performing Sector ETFs Of Q4

Image Source: PixabayWall Street ended the fourth quarter on a solid note despite the turbulence in the final month. The Nasdaq Composite and the S&P 500 rose for the fifth consecutive quarter for the first time since 2021, gaining 6.2% and 2.1%, respectively. The Dow Jones was up a mere 0.5% in the quarter.We have highlighted […]
Financial Markets Report For Thursday, Jan 2

Financial Markets Report For Thursday, Jan 2

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, January 2.Video Length: 00:11:56More By This Author:Metal Markets Report For Tuesday, Dec 31Financial Markets Report For Tuesday, Dec 31Financial Markets Report For Monday, Dec 30
Elon Musk’s tweet sends adult-themed crypto prices soaring 400%

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

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?

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

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

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 […]