Category Archive: Finance, No picture
Why Israel’s Iran Strike And A Trump Win Are Bearish For Oil
Image Source: Unsplash David Woo accurately predicted that an Israeli strike on Iran was imminent exactly two weeks ago here on Wealthion. We’re privileged as James Connor welcomes David back to update us on the geopolitical and market implications of last Saturday’s events. Calling the strike a “stroke of genius,” Woo discusses its impact on Middle […]
Is A Democratic Or Republican President Better For Stocks?
Image Source: Unsplash Politics have always been ugly. Even back in 1840, the campaign song “Tippecanoe and Tyler Too” praised the virtues of presidential candidate and eventual winner William Henry Harrison while calling incumbent president Martin Van Buren a “used-up man” and “little Van.” (Maybe that’s where Donald Trump got the idea to insult Senator Marco […]
Bitcoin could join Florida state pension funds under CFO’s proposal
Key Takeaways Florida’s CFO proposes Bitcoin to diversify state pension funds. Bitcoin described as “digital gold” in recent investment discussions. Share this article Florida CFO, Jimmy Patronis, sent a letter to Chris Spencer, Executive Director of the Florida State Board of Administration, requesting a report to consider Bitcoin and other digital assets as a viable […]
Bitcoin Triggers Golden Cross: What This Means For The Crypto Trend
Image Source: Unsplash Bitcoin price is now above $70,000 per coin. The recent rally back toward local all-time highs has carried BTCUSD high enough to causes two important moving averages to form a “Golden Cross”. This signal has appeared twice since the bear market bottom and yielded significant results. Let’s take a look at the data […]
The Problem With Trump’s Pro-Tariff “Tax Reform”
Image Source: Unsplash Trump’s tax reform just replaces one tax with another. And would probably result in higher taxes.Video Length: 00:05:47More By This Author:Why The Money Supply Is Growing Again Is The Federal Reserve A Private Bank? It Doesn’t Matter. The Federal Reserve And The Regime Are One And The Same
Headline Risk Is Rising, But Don’t Stand Aside
Image Source: Unsplash Stocks keep coiling near their all-time highs ahead of a slew of Big Tech earnings releases. In fact, by the time you read this, Google (GOOGL) and Snapchat (SNAP) ought to have reported, and the releases won’t let up anytime soon.We’re also due to get a look at big inflation and employment reports […]
Advanced Micro Devices Q3 Earnings And Revenues Surpass Estimates
Image Source: Unsplash Advanced Micro Devices (AMD – Free Report) came out with quarterly earnings of $0.92 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.70 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.10%. A quarter ago, it […]
Dow Jones Utilities Rally Testing 2022 Highs, Cool Off Level Again?
↵Image Source: Unsplash Utilities stocks have been surging higher this year.Once thought of as a conservative hedge-like allocation for investors, Utilities have been performing like tech stocks of late.Can this rally continue?Today, we draw your attention to a long-term “monthly” price chart of the Dow Jones Utility Average to highlight a potential fork in the road.As you can […]
Grayscale starts the clock on SEC decision to convert GDLC fund to an ETF
Key Takeaways Grayscale moves closer to launching a multi-asset ETF on NYSE with GDLC fund. The ETF will comply with NYSE Arca Rule 8.800-E for asset custody and trading. Share this article Grayscale, through NYSE Arca’s recent filing, is moving to convert its Digital Large Cap Fund (GDLC) into an ETF, aiming to list and […]
Softs Report – Tuesday, Oct. 29
COTTON General Comments: Cotton was lower yesterday as export demand remains weak and the US Dollar was strong. Trends are mixed in this market. China moved to lower interest rates again and there are hopes this move will help restart the economic engine there. Real estate has been the big problem there. There are still […]
