Category Archive: Cryptocurrency, No picture
Rapper Drake’s X account hacked to promote meme coin
Key Takeaways Drake’s X account was hacked to promote a fraudulent meme coin called Anita. The compromised account claimed a partnership with the gambling platform Stake, but the claims were fake and removed. Share this article Rap star Drake’s official X account was compromised today, with the hacker using it to promote a fraudulent meme […]
EUR/USD Price Forecast: Hovered Near 1.0500 Post-ECB Rate Cut
Image Source: Unsplash The EUR/USD currency pair remained tethered to the 1.0500 mark on Friday, as it rebounded slightly to the 1.0498 level after testing the weekly lows. Technical analysis shows that the pair has been maintaining a delicate balance, with potential to challenge resistance if it can be sustained above the 1.0500 mark. Key resistances were set at the 1.0530 and […]
Time To Buy In A Short-Term Downtrend?
Image Source: UnsplashThe SPX cap-weighted index has continued to respect its uptrend line and its short-term horizontal support. The chart really doesn’t look bad at all despite considerable market weakness being revealed by other market indicators, such as the number of NYSE 52-week lows shown in the lower panel.The PMO Index has been doing its job very nicely […]
The Danger Of Standardized Financial Strategies
Image Source: UnsplashSitting down with Robert Smallbone, we chatted about almost everything, including a ‘Santa Claus Rally,’ individual assets, and how to benefit in a recession.00:40:47The main questions and topics Robert and I covered include the following: Seasonality: Do I see any seasonal trends in the stock market? What do the general trends look like for the first few months […]
The 7 Largest Companies – Saturday, Dec. 14
Image Source: UnsplashHere is a short look at the 7 largest companies by market capitalization as of Saturday, Dec. 14, 2024. Additionally, I have included the percentages of their gains on a year-to-date basis. Let’s dive into the numbers. Apple (AAPL) has a market cap of around $3.75 trillion, with year-to-date gains of approximately +28.9% Microsoft (MSFT) has a market cap of […]
USDJPY Analysis & USDJPY Price Prediction Forecast – Saturday, December 14
Today you will see USDJPY price prediction based on the technical analysis. What is the support and resistance on the daily time frame for USDJPY. What to expect where the price will breakout for the USDJPY based on the supply and demand zones.Video Length: 00:03:24More By This Author:Gold Trading Strategy, XAUUSD Analysis & Forecast – […]
Trump Election Sends NFIB Optimism Surging
First Comes The Fed, Then SantaLast week, we discussed that the risk to the markets was the annual portfolio rebalancing process. To wit:“With the year-end approaching, portfolio managers need to rebalance their holdings due to tax considerations, distributions, and annual reporting. For example, as of this writing, the S&P 500 is currently up about 28% […]
Week Ahead: Fed To Cut, But Should It? BOJAnd BOE To Stand Pat, But Should They?
The Swiss National Bank and the Bank of Canada delivered 50 bp rate cuts last week, and the European central bank cut by a quarter-point. The monetary easing cycle looks set to carry into next year. The Reserve Bank of Australia remains on hold and a stronger than expected employment report dampened speculation of a […]
NASDAQ Analysis & NASDAQ Forecast – Saturday, December 14
Today you will see Nasdaq price prediction based on the technical analysis. What is the support and resistance on the daily time frame for Nasdaq. What to expect where the price will breakout for the Nasdaq based on the supply and demand zones.Video Length: 00:02:17 More By This Author:Gold Trading Strategy, XAUUSD Analysis & Forecast – […]
Technical Market Report For December 14, 2024
The good news is:The NASDAQ composite (OTC) closed at all time highs last Wednesday. The NegativesThe first chart covers the last 6 months showing the S&P 500 (SPX) in red and a 10% trend (19 day EMA) of NYSE new highs (NY NH) in green. Dashed vertical lines have been drawn on the 1st trading day […]
