What Paul Atkins as SEC Chair and David Sacks as Crypto Czar mean for the future of crypto
Dec 09, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Paul Atkins is expected to implement a lighter regulatory approach as SEC Chairman. David Sacks’ role as Crypto Czar could position the US as a leader in global crypto policy. Share this article With President-elect Donald Trump naming Paul Atkins as SEC Chair and venture capitalist David Sacks as the first-ever White House […]
BTC Report: MSTR Ups Holdings To 423,650 Bitcoins With $2.1B Purchase
Dec 09, 2024
Jeremy Parkinson
Finance
Image courtesy of 123rf.com November was remarkable for the cryptocurrency market, with Bitcoin (BTC) making big headlines. The total crypto market cap surged by 45%, marking an unprecedented monthly return. However, amidst these gains, notable developments affected Bitcoin’s legal and market landscape. El Salvador announced changes to its Bitcoin Law in anticipation of a new IMF deal, and […]
Softs Report – Monday, Dec. 9
Dec 09, 2024
Jeremy Parkinson
Finance
COTTON General Comments: Cotton was lower last week after a weaker weekly export sales report and the trends are turning down. There was not much in the way of news or action in outside markets to spur Cotton in one direction or the other. Selling came from news that Trump will impose some big tariffs […]
OpenAI set to release Sora AI video generator to the public today
Dec 09, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways In a video uploaded earlier today, tech reviewer Marques Brownlee announced that OpenAI will roll out Sora, its AI video generation tool, to the public today. EU and UK users might face delays in accessing Sora, continuing OpenAI’s cautious regional rollouts. Share this article OpenAI’s AI video generation tool, Sora, is officially being […]
FTSE On The Front Foot To Start The Week
Dec 09, 2024
Jeremy Parkinson
Finance
Image Source: Pexels .K. stocks experienced an uptick on Monday following China’s commitment to implement “more proactive” fiscal and monetary strategies next year aimed at enhancing domestic consumption. However, the gains were limited as a new report indicated that U.K. business confidence has dropped to its lowest point since January 2023. Data from business advisory firm […]
Viant Technology – Using Technology For Advertising
Dec 09, 2024
Jeremy Parkinson
Finance
Summary Viant Technology shows strong technical indicators, including 100% buy signals, a 200.23+ Weighted Alpha, and a 197.08% gain in the last year. The stock has a Trend Seeker buy signal and has risen 82.02% since 9/24, with 14 new highs and up 60.24% in the last month. Viant Technology offers innovative advertising solutions like […]
Watching Weather And Diplomacy. The Corn & Ethanol Report
Dec 09, 2024
Jeremy Parkinson
Finance, No picture
We kicked off the day with Wholesale Inventories MoM and Wholesale Trade at 9:00 A.M., Export Inspections and Consumer Inflation Expectations at 10:00 A.M., 3-Month & 6-Month Bill Auction at 10:30 A.M.Managed funds in the week ending Dec 4th were net sellers of corn, soybeans, and CBOT wheat. Fund’s net short position in the major CBOT […]
Nasdaq Pulls Back From Highs As Stocks Slip
Dec 09, 2024
Jeremy Parkinson
Finance
Stocks are firmly lower at midday, retreating from last week’s gains, though the Nasdaq Composite (IXIC) managed to eke out a record high this morning before pulling back. The tech sector is taking a breather from its recent run, with Nvidia (NVDA) dipping after news of its Chinese regulatory investigation. Bitcoin (BTC) is also lower, cooling from […]
Elliott Wave Technical Forecast: WiseTech Global Limited
Dec 09, 2024
Jeremy Parkinson
Finance
ASX: WiseTech Global Limited – WTC Elliott Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with WOOLWORTHS GROUP LIMITED – WOW. We see ASX:WTC continuing to move higher with a 5-grey wave.ASX: WiseTech Global Limited – WTC 1D Chart (Semilog Scale) AnalysisFunction: Major trend (Minor degree, grey) Mode: MotiveStructure: ImpulsePosition: […]
China Promises – Manic Metals Report
Dec 09, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The metals are exploding this morning after a quick dip after China’s data showed that inflation was weaker than expected now normally that would have been a death knell for copper in the rest of the precious metals but because China vowed to take “more proactive” fiscal measures and “moderately” looser monetary policy. […]