Category Archive: Finance, No picture
Daily Market Outlook – Monday, Dec. 16
Image Source: Unsplash China has started the week with underwhelming data, as November retail sales grew by just 3.0% year-on-year, missing the expected 4.6% growth. House prices continued their decline, while industrial output remained stable. Officials have been considering stimulus options, such as lowering bank reserve requirements; however, credit data suggests lower borrowing costs aren’t effective […]
Taking Stock Of The Utilities Sector
Image Source: Unsplash According to a report issued by Deloitte last week, “Utilities are navigating a new era of growth and transformation as they address emerging challenges and rising demand.” Reading this report led me to focus on the Utilities Sector this week both in terms of ETFs and individual stocks currently rated as attractive by […]
Forex Today: Bitcoin Breaks $105,000 For First Time
Image Source: Unsplash The cryptocurrency sector will be back in focus today as Bitcoin makes a bullish breakout to a new record high above $105,000. Bitcoin is making a bullish breakout to a new all-time high above the round number at $105,000. Trend and momentum traders will be eager to be long of Bitcoin now. If buying […]
NZD/USD Holds Gains Above 0.5750 Following Mixed Data From China
Image Source: Unsplash NZD/USD remains stronger following the release of domestic and Chinese data. China’s Industrial Production rose by 5.4% YoY in November, exceeding market expectations of a 5.3% increase. The US Dollar remains subdued as Treasury yields hold thin losses. NZD/USD breaks its four-day losing streak, trading around 0.5780 during the European hours on Monday. […]
FX Daily: Euro Area PMIs To Set The Tone
Image Source: Unsplash The calendar is packed for this last full trading week of the year. Central bank rate meetings in the US and Japan take centre stage, but we’ll also see rate meetings in the UK, Sweden, Norway, the Czech Republic, and Hungary. Starting the week will be the December flash PMIs in Europe – the […]
Current Report: Kimberly-Clark De Mexico (KCDMY)
Kimberly Clark de Mexico SAB de CV (KCDMY) manufactures and sells a wide selection of paper-based products: napkins, kitchen towels, disposable diapers, feminine-care pads, bathroom tissue, facial tissue, and hand towels, among others.The company’s business lines comprise: babies and infants, household, feminine-care, personal care, and healthcare products. Its brand portfolio includes Kleenex, Sanitas, Kimlark, Petalo, […]
Ripple CTO advises against FOMO amid expected price spikes for RLUSD at launch
Key Takeaways Ripple CTO cautions against FOMO during RLUSD stablecoin launch price spikes. RLUSD is pegged to the US dollar and competes with USDT and USDC. Share this article As Ripple’s RLUSD stablecoin launches, there could be early supply shortages that might lead to temporary price surges, with some buyers potentially willing to pay over […]
Market Recap: Bitcoin; Market Bubble; Market Fragility; Commodities;
Image Source: Unsplash In this week’s edition of Wealthion’s Weekly Market Recap, Andrew Brill highlights key insights from our expert guests: Jack Mallers explains why Bitcoin is the hardest asset to hold, its role as a superior store of value, and how his platform Strike empowers users to maximize Bitcoin’s potential. Henrik Zeberg discusses the current […]
The Next Big Thing: More Power
Image Source: Unsplash Jim Puplava and Cris Sheridan discuss the increasing strain on the US power grid driven by five converging forces: AI, the cloud, EVs, reshoring of factories…Running Length: 00:20:15More By This Author:Leading Indicators: A Look At The FSWM Stimulus Index And Rebounding Sentiment How AI May Escalate Geopolitical Conflicts Doomberg On U.S. Energy Policy, […]
Elliott Wave Strategies For Top US Tech Stocks, Banks And Bitcoin
Stock market Elliott Wave technical analysis and trading strategies:Corrective patterns with one more high to come for stocks. I also take a look at US Banks as they still have clear pathways higher.Elliott Wave Analysis Nasdaq Tech Stocks: SP500 (SPX): Wave (c) of iv) Nasdaq 100 (NDX) Wave (v) of iii) Apple (AAPL): Wave 4 […]
