Category Archive: Finance, No picture
Fear Has The Markets Locked In A Tight Range
Image Source: Unsplash “Let’s make a move…” “OK, you go first…” “No, you go first!” “No, you!”No one wants to be first. If I didn’t know any better, I’d say no trader out there wants to be the first one to… do something. Anything. The players here are scared #%&less.The market has spent the better part […]
The Two Eras Of Tesla – BT And AX
Image Source: Pexels Earlier this week, we discussed how the options market was preparing for the robotaxi event that Tesla (TSLA) hosted last night. We noted that there was a roughly even split between bulls and skeptics, with a slight bias toward skepticism. After this morning’s downbeat reaction, it occurred to me that TSLA’s history can be divided into […]
Ripple co-founder donates $1 million XRP to Kamala Harris campaign PAC
Key Takeaways Larsen’s donation marks the first crypto contribution to Harris’ campaign. Future Forward PAC surpasses $200 million in donations, backed by crypto platforms like Coinbase Commerce. Share this article Ripple co-founder Chris Larsen has donated $1 million in XRP tokens to Future Forward PAC, a political action committee supporting Vice President Kamala Harris’ presidential […]
New Optimism For High Street Fashion Stocks In The Age Of The Thrifty Consumer
Image Source: Unsplash Many clothing brands have spent 2024 claiming that the weather had dampened customer appetite. Whether it was too hot, cold, or wet for optimal spending may pale in comparison to the perfect storm of thrifty, pre-loved clothing apps. The global second-hand apparel market value reached $152.5 billion in 2023 and is expected to grow […]
Is The Bitcoin Bull Run Over?
Image Source: Unsplash Crypto analyst Bob Loukas has released a new video analysis titled “No Bull.” In the video, Loukas delves into the current state of the Bitcoin market, addressing growing concerns about the possibility of a canceled bull run.Loukas begins by acknowledging the prolonged period of consolidation for the Bitcoin price. He senses that “there is now […]
Top Dividend Paying Gold Mining Stocks
Image Source: Unsplash Gold has long been prized for its value and versatility, serving both as a store of wealth and a key material in various industries. As a precious metal, gold has traditionally been used to hedge against inflation, providing stability to investors during times of economic uncertainty. Its intrinsic value, resistant to the erosive […]
Bitcoin rises 3% as S&P 500’s hits all-time high
Key Takeaways S&P 500 reaches all-time high as Bitcoin’s 3% rise signals market optimism. The S&P 500’s potential 30% gain in 2024 would mark its highest annual increase since 1997. Share this article Bitcoin saw a notable increase of 3% today, reaching a price of $62,400. This upward momentum coincides with the S&P 500 reaching […]
Arkham to launch derivatives exchange, aims to compete with Binance
Key Takeaways Arkham’s new exchange will cater to 880,000 users but not in the US. The firm is relocating to the Dominican Republic for tax advantages. Share this article Arkham Intelligence, a blockchain data tracking platform, is set to launch a crypto derivatives exchange next month, according to a Bloomberg report. “The exchange will be […]
FTSE Flat Again, Mirroring UK GDP
Image Source: Pexels U.K. stocks were little changed on Friday as official data showed the U.K. economy returned to growth in August, but the pace of expansion was weaker than in the first half of the year. The real economy grew 0.2% in August after showing nil growth in July and June, the Office for National […]
Tech Mahindra Stocks Elliott Wave Technical Analysis – Friday, October 11
TECH MAHINDRA – TECHM (1D Chart) Elliott Wave Technical AnalysisFunction: Larger Degree Trend Higher (Intermediate Degree, Orange)Mode: MotiveStructure: ImpulsePosition: Minute Wave ((iv)) NavyDetails: Minute Wave ((iv)) might be complete as a triangle around the 1600 mark. If correct, Minute Wave ((v)) to resume higher soon.Invalidation point: 1420Tech Mahindra Daily Chart Technical Analysis and potential Elliott […]
