Category Archive: Finance, No picture
This Perfect Pullback Could Be Easy Money On Friday
Image Source: Unsplash One day left, let’s make it count! Everyone’s waiting for a pullback after this 2-day bull run…And this *perfect* pullback pattern might be our easiest winner of the week!Pullbacks sound so easy, don’t they? But we all know, picking the perfect entry is much harder…Not to worry – this *perfect* pullback pattern makes the […]
Implied Volatility, Rates, And The Dollar Fall Sharply, Pushing Stocks Higher
Image Source: UnsplashRates dropped a bit today, with the 10-year yield dropping by ten basis points. This retraces some of the significant moves we saw over the last two days, with a sixteen basis point increase yesterday. The 10-year rates have become pretty overextended here. We got above the upper Bollinger Band and were overbought on […]
Perception Points To Smooth Sailing Into Year-End
Image Source: UnsplashMARKETSU.S. stocks surged higher on Thursday, riding the wave of a 25-basis-point rate cut by the Federal Reserve and the bullish momentum sparked by Donald Trump’s return to the White House. After a blockbuster day for the Republicans, investors have swiftly pivoted to the familiar playbook: central bank easing policy that sends stocks soaring […]
Volatility Melt Sends Stocks Higher Following The U.S. Election
Image Source: Unsplash Stocks rose sharply following the U.S. election as the VIX melts.Video Length: 00:08:16More By This Author:Stocks Explode Higher As Implied Volatility Drops Sharply Following Trump Win What Happens Next For The Market Is In Nvidia’s Hands Trump’s Second Term Could Be Arriving This Tuesday
Detroit to become largest US city to accept crypto payments for taxes
Key Takeaways Detroit will begin accepting crypto assets for tax payments from mid-2025, making it the largest US city to do so. The initiative aims to modernize public services and improve accessibility for unbanked residents. Share this article Detroit will soon allow residents to pay taxes and other city fees with crypto, becoming the largest […]
Block Q3 Earnings Meet Estimates
Image Source: Unsplash Block (SQ – Free Report) came out with quarterly earnings of $0.88 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this mobile payments services provider would post earnings of $0.76 […]
Here’s What We Really Got From The Fed Today
Image Source: Unsplash We got another cut today, and parsing out its statement is unusually easy… because they’re some of the shortest-ever remarks ever released around a rate cut, at least in recent memory.“Recent indicators suggest economic activity has continued to expand at a solid pace… labor market conditions have eased… unemployment has moved up but […]
Trump’s crypto agenda: 10 things he says he will do as president
Key Takeaways Trump pledged a series of actions for the crypto industry, and many await to see if these 10 promises will materialize once he takes office. Trump plans to fire SEC’s Gensler, free Ross Ulbricht, and establish the US as a crypto hub. Share this article Throughout his campaign, Trump promised several initiatives aimed […]
Who is SEC’s Mark Uyeda? Trump’s frontrunner for SEC chair
Key Takeaways Mark Uyeda is a leading candidate to become SEC Chair under Trump’s administration. Uyeda has criticized the SEC’s current crypto regulatory approach and advocates for clearer guidelines. Share this article With Donald Trump’s victory in the 2024 presidential election, speculation is mounting about potential changes at the SEC. Among the top contenders to […]
