Category Archive: Finance, No picture
Reflections On Investing : Stocks And Wealth Creation
Image Source: Unsplash A majority of stocks destroy wealth. In fact, most all of the wealth creation from stocks is attributable to only a handful companies.Video Length: 00:08:42More By This Author:Reflections On Investing: The Equity Risk Premium Investor Memo Q3 2024: Walking The Tightrope From Earnings To Prices – P/E Mulitples
Bitcoin And Ethereum: Analysing The Market’s Next Move
Image Source: Unsplash Overall Analysis Bitcoin continues making higher highs and higher lows on the 29th Oct trading session, missing all-time highs just by 400 points. Ethereum continues its rally towards the upside, price took a pause from higher levels and closed sideways. Bitcoin Chart Analysis BTC/USD 15-Minute Chart (Source: TradingView) On the 29th Oct 2024 trading […]
Gold Quest – Manic Metals Report
Gold continues its quest to try to reach our 9 (and many others) target at near $3000 an ounce. Another upside breakout surge along with bitcoin in part is being driven by increasing odds that Donald J Trump might be returning to the White House. Trumps realization that Crypto as well as artificial intelligence and data […]
CAD/JPY Is Finishing A Corrective Rally
Image Source: Unsplash CADJPY has been in strong rise this year, but we see five waves up from 2023 swing lows, that are now completed because of a strong drop through the trendline support. We see an impulse down for wave (A)/(1) that is completed, so more weakness can show up for wave (C) or (3) […]
Russia to ban Bitcoin mining in select regions due to power shortages
Key Takeaways Russia will enforce crypto mining bans in energy-deficient regions. The government aims to address power shortages caused by high electricity consumption. Share this article Russia is considering banning Bitcoin and crypto mining in certain regions due to electricity shortages, according to a new report from the state news agency TASS, citing Deputy Minister […]
DWF Labs appoints new partner following drink-spiking allegations against Eugene Ng
Key Takeaways Lingling Jiang replaces Eugene Ng as partner at DWF Labs following his removal due to drugging allegations. Allegations against Eugene Ng include spiking a woman’s drink, leading to his immediate removal from DWF Labs. Share this article DWF Labs has appointed Lingling Jiang as its new Head of Business Development Strategy. Jiang will […]
Eurozone Growth Surprises, Lifts Euro, While UK Budget Is Awaited
Image Source: Unsplash Overview: The US 10-year yield is off around a dozen basis points off yesterday’s high and European growth in Q3 was better than expected. This appears to have encouraged some dollar liquidation today. The greenback is softer against the G10 currencies, but the Canadian dollar and sterling. The much-awaited UK Autumn budget will […]
Alibaba Soars! Why?
Image Source: Unsplash A look at the buzz around JPMorgan Chase’s increased stake in Alibaba, valued at a whopping HK$5.9 billion. Video Length: 00:28:53More By This Author:NIO Stock Surge – This Is Why The China Stock Market Is NOT Crashing – This Is Why Can NIO Stock Reach $1,000 By Raising Product Prices?
Daily Market Outlook – Wednesday, Oct. 30
Image Source: Unsplash Asia shares declined on Wednesday due to weakness in China, as investors brace for a closely contested U.S. election that could have significant implications for the world’s second-largest economy, even as Beijing tries to boost growth. Gold reached a record high as concerns over the tight U.S. presidential race supported the yellow metal, […]
New Home Sales Rise As Mortgage Rates Fall In September 2024, But Headwinds Build In October
September 2024’s new home sales were remarkably strong when compared to the muted numbers reported a month earlier.The U.S. Census Bureau’s initial estimate of the annualized number of sales in September 2024 was 738,000. If that number holds, that would be the second highest figure reported since February 2022’s finalized estimate of 773,000 new homes sold. The […]
