Category Archive: Finance, No picture
What “America First” Would Mean For Globalization
As the saying goes, “When America sneezes, the world catches a cold.”In other words, everyone feels the effects of an economic slowdown in the U.S. This only makes sense when we’re the world’s largest economy and also the largest consumer market.Last year, the United States imported about $3.1 trillion worth of goods, including cars, pharmaceutical […]
Top 2 Crypto Mining Stocks To Buy As Analyst Forecasts Bitcoin Hitting $200,000
Image Source: Unsplash Bitcoin has celebrated the return of Donald Trump to the White House in recent weeks and the momentum is unlikely to fade anytime soon, as per BCA Research analyst Dhaval Joshi.Joshi expects BTC to eventually be worth more than $200,000.He sees Bitcoin as a non-confiscatable asset that accounts for under 10% of the total […]
Weekly Forex Forecast – Sunday, Nov. 17
Image Source: Unsplash Fundamental Analysis & Market Sentiment I previously wrote on Sunday, Nov. 10, 2024 that the best trade opportunities for the week were likely to be: Long of Bitcoin in US dollar terms. Bitcoin has risen by 12.55% over the past week. Long of the S&P 500 Index. The Index fell by 2.30% over the past week. Long of the Nasdaq 100 […]
Generac Holdings: A Promising Small-Cap Play In A Rallying Market
Image Source: UnsplashI see continued strength into year-end, led by small-caps in December. That should be followed by a sideways grind/consolidation in the front half of next year as policy and Trump Administration appointments crystallize. Generac Holdings Inc. (GNRC) is one of my favorite small-caps in this environment, advises Tom Hayes, editor of HedgeFundTips.I expect to see resumed strength in […]
Michael Saylor hints at MicroStrategy’s upcoming Bitcoin purchase
Key Takeaways Michael Saylor has indicated more Bitcoin investments are imminent. Saylor wants to make MicroStrategy the leading Bitcoin bank. Share this article Michael Saylor, co-founder of MicroStrategy, has hinted at a potential new Bitcoin acquisition following the company’s recent purchase of 27,200 Bitcoin between October 31 and November 10.Saylor stated in a recent post […]
Crucial Support
Image Source: UnsplashIt’s the same picture no matter where you look: a gap and a trendline. To the bulls’ credit, neither were violated during the modest selling from last week.Let’s just say if these do get violated, we could see a really interesting December.More By This Author:Not-So-Big PharmaThe Nvidia Business ModelBoeing Down 70%
Weekly Technical Update: Nasdaq 100 – Sunday, Nov. 17
Image Source: UnsplashFriday’s strong downside has brought about a change in perspective when taking a closer look at the Nasdaq 100. Additional all-time highs may be in the cards.00:23:24More By This Author:Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, Nov 14Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Nov 13Nasdaq 100 & […]
Bitcoin Projected To Hit $1.5 Million By 2030, Says ARK Invest CEO Cathie Wood
Image Source: Unsplash Cathie Wood, CEO of asset manager and crypto ETF issuer ARK Invest, has long maintained her bullish outlook on Bitcoin, and her recent comments reinforce her optimistic projections for the largest cryptocurrency. Following Donald Trump’s electoral victory over Vice President Kamala Harris last week and Bitcoin’s recent surge to an all-time high of $93,250, […]
John Malone M&A Cleanup Costs Minority Investors Context News Breakingviews
If you sup’ with the devil, you should have a long spoon. Investors in Liberty Broadband have re-learned the old adage, after it struck a roughly $13 billion sale to cable company Charter Communications on Wednesday. Both are outposts of the empire of John Malone, the “cable cowboy” famed for byzantine dealmaking. The agreement squeezes investors out of […]
Post-Election Market Results And Commentary
POST-ELECTION MARKET RESULTS Given the excitement and heady projections which dominated analysis of various investments leading up to the election, it is worth reviewing what the past two weeks have brought. Below are charts for stocks, bonds, and gold. After each chart is a short commentary… STOCKS (S&P 500 Index SPX)Stocks rallied to new all-time highs […]
