Category Archive: Finance, No picture
Nasdaq 100 & S&P 500 Elliott Wave Update – Tuesday, Oct 15
Image Source: UnsplashInteresting day in that a stronger downwind took over from the opening in both the ES and NQ. Starting this morning, I was giving a fair chance for the Call Walls to be broken in both the SPY and the QQQ, and what actually ended up taking place is both ETFs broke below their […]
The Big Bitcoin Breakout Is Here
Image Source: UnsplashLong-time readers are familiar with the story of my friend Jordan.He made the mistake of buying too much Bitcoin (BTC) in 2017 and couldn’t hold through the volatility.That year, he bought bitcoin at $1,250, $2,800, $7,500 and $14,000. That was an average cost of $6,387.If he just held on that year, he would have tripled his […]
Grayscale files to turn Bitcoin, Solana, XRP, and Ethereum multi-crypto fund into ETF
Key Takeaways Grayscale has filed with the SEC to convert its Digital Large Cap Fund into an ETF. The fund predominantly invests in Bitcoin and Ethereum, comprising nearly 94% of its assets. Share this article Grayscale has filed a request with the SEC to convert its Digital Large Cap Fund into an ETF, according to […]
Shorting Dell: It’s All About The Price Gap
Image Source: UnsplashNo clever post title this time. That pretty much just lays it on the line. It’s all about the price gap.DELLMore By This Author:Next Test For China Ratio Charts Of Note Index Charts Of Note
The Economic Impact Of Superstars
Image Source: PexelsBloomberg has an article discussing the economic impact of superstars like Taylor Swift and Shohei Ohtani: Move over, Taylor Swift. The economic might of baseball star Shohei Ohtani is bringing some big winners, and also some losers to the Japanese corporate world. How should we think about “economic impact”? It’s not an easy question to answer, […]
Chips Just Took A Big Hit – Here’s What To Do
Image Source: Unsplash The bullish action of the last few sessions came to a screeching halt today as stocks sold off.Tech was led lower by the semiconductor sector, which has otherwise enjoyed a nice run higher this year, with high-volume, bellwether chip ETFs like SMH and SOXX tacking on gains of around 25% in 2024.Now both […]
Are JNJ’s Mergers And Acquisitions Weighing Down Company’s Performance?
Image Source: Unsplash Johnson & Johnson (JNJ) stock is experiencing a positive trading day following the announcement of its Q3 results for 2024.The earnings per share (EPS) surpassed estimates, although improved business performance was overshadowed by the recent acquisition of V-Wave, a cardiac device company.The company also revised its operational earnings forecast from $10.05 to $9.91. […]
The Best Way To Reduce Risk In Your Portfolio
Image Source: Pexels It’s “that time of year” in my household.Since I follow the financial markets every day, you may think I regularly review my financial statements, constantly tweaking here and adjusting there.But I actually only make big overhauls once a year – in October.The month holds no significance other than being my birth month, which […]
Investors Embrace Dividend Stocks
Image Source: Unsplash Dividend stocks outperform S&P 500 in third quarter.Video Length: 00:07:29More By This Author:Weekly Recap And DARP Update – Monday, Oct. 15China Stimulus May DisappointFed Cuts, Rates Go Up
TikTok Coins system may classify as a crypto exchange, expert warns FCA
Key Takeaways TikTok’s coin system could be classified as a crypto exchange activity. The FCA has not registered TikTok as a digital asset exchange. Share this article TikTok could be acting as a digital assets exchange in the UK, a compliance expert has told the Financial Conduct Authority (FCA), according to a report from Financial […]
