Category Archive: Finance, No picture
Here’s Why The Uranium ETF URA Has Gone Vertical
Image Source: Unsplash The Global X Uranium ETF is a large fund that has invested in uranium companies. Its top constituents are companies like Cameco, Uranium Energy Corp, and Nexen Energy. Companies like Microsoft and Google are investing in the nuclear energy sector. The Global X Uranium ETF (URA) has bounced in the past few […]
FX Daily: Trump’s Specter Hangs Over The FX Market
Image Source: Unsplash The dollar continues to firm and emerging currencies stay largely offered as the specter of another possible Trump term of tariffs hangs over global FX markets. This may be hard to shake off given such a tight election. Today, the highlight is the ECB decision where we see upside risks to the euro. We […]
Elliott Wave Technical Analysis: Bitcoin Crypto Price News For Thursday, Oct 17
Image Source: PexelsElliott Wave Analysis TradingLounge Daily ChartBitcoin/ U.S. dollar(BTCUSD)BTCUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: Double Correctiveposition: Wave ((Y))Direction Next higher Degrees: wave IVWave Cancel invalid level:Details: The decline of wave IV is likely to end and the price is re-entering the uptrend.Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy: It looks like the wave IV correction is complete and the […]
Top Value Stocks Nearing 52-Week Highs With Stellar Dividends
Image Source: PexelsValue investors and income seekers will want to pay attention to several stocks that are standing out among the coveted Zacks Rank #1 (Strong Buy) list.Edging toward new 52-week highs, here are three of these highly-ranked stocks that still stand out in terms of valuation while offering very generous dividends.Finance Stocks: AB & AXAHYThe […]
Elliott Wave Intraday View In Silver (XAGUSD) Favoring The Upside
Image Source: PexelsShort Term Elliott Wave View in spot Silver (XAGUSD) suggests that rally from 8.8.2024 low is in progress as an impulse. Up from 8.8.2024 low, wave 1 ended at 30.18 and dips in wave 2 ended at 27.69. Wave 3 higher ended at 32.71 and pullback in wave 4 ended at 30.13 with internal […]
Small-Cap Russell Dominates Stock Market Hump Day
Image Source: UnsplashMarkets were up across the board today, with the blue-chip Dow notching yet another all-time closing high. The Dow gained +337 points, +0.79%, for the session. The S&P 500, which had last posted an all-time closing high on Monday, was just short today, up +0.47% but 14 points off its Monday closing high.The tech-heavy […]
2 Top Stocks To Buy For Streaming Exposure: NFLX, ROKU
Image Source: PexelsZacks Thematic Screens lets you dive into 30 dynamic investment themes shaping the future. Whether you’re interested in cutting-edge technology, renewable energy, or healthcare innovations, our themes help you invest in ideas that matter to you.Let’s take a closer look at the ‘Streaming Content’ theme and analyze a few stocks within.Streaming ContentStreaming content is […]
Asia Morning Bites For Thursday, Oct 17
Image Source: UnsplashWeak Japanese and Singapore trade figures have already been released today, though there is no big cause for concern for either number. Australian employment data comes in way stronger than expected. Nothing wrong with the Australian labour market. And China is to provide yet more communication on its plans for stabilising the property market. Global Macro and […]
Stripe looking to acquire stablecoin payment network Bridge
Key Takeaways Stripe is in advanced discussions to acquire Bridge, a platform specializing in stablecoin transactions. The deal could significantly enhance Stripe’s capabilities in the stablecoin sector. Share this article Stripe, the privately-owned payments giant, is in discussion to seal a deal to acquire Bridge, a stablecoin payment platform founded by Coinbase alumnus Sean Yu, […]
Elliott Wave Analysis: Major Indices
Image Source: PexelsElliott Wave Analysis: Major IndicesWe maintain a bullish outlook on the following indices: S&P 500, Nasdaq 100, Russell 2000, DAX 40, FTSE 100, and ASX 200. Two Elliott Wave counts point to upward movements. While alternative wave counts at the Primary degree for the S&P 500 and Bitcoin are considered, they are not critical […]
