Category Archive: Finance, No picture
S&P 500 Weekly Action Areas & Price Objectives – Monday, Jan. 27
Image Source: Unsplash In this update, we review the recent price action in the emini SP500 futures contract and identify high-probability action areas and price objectives for the trading week ahead.Video Length: 00:10:56More By This Author:Daily Market Outlook – Monday, Jan. 27 FTSE Retreats From Record Highs To Close In The Week In The Red Daily […]
Ripple obtains Money Transmitter Licenses in Texas, New York
Key Takeaways Ripple has secured Money Transmitter Licenses in New York and Texas, totaling over 50 in the US. Ripple’s payments business processed $70 billion in volume, doubling last year with new North American customers. Share this article Ripple has obtained Money Transmitter Licenses (MTLs) in New York and Texas, strengthening its position in two […]
USD/JPY Plummets To Near 154.00 As Yen Strengthens Across The Board
The USD/JPY pair plunges to near 154.00 in Monday’s North American session. The asset weakens as the Japanese Yen (JPY) outperforms its major peers, with investors rushing to safe-haven fleet amid a sharp sell-off in United States (US) technology stocks. Japanese Yen PRICE TodayThe table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese […]
MicroStrategy doubles down on Bitcoin, files shelf registration statement for flexible capital raising
Key Takeaways MicroStrategy filed a shelf registration statement for future Bitcoin purchases and capital needs. The company plans to offer Series A Perpetual Preferred Stock with a $100 per share liquidation preference. Share this article MicroStrategy has filed a shelf registration statement with the SEC to enhance its financial flexibility for future Bitcoin purchases and […]
Tron DAO unveils official research portal on Messari
Share this article Geneva, Switzerland, January 27, 2025 – TRON DAO has officially announced the launch of the TRON Portal by Messari, making it the third blockchain to join the Messari Portal program. This innovative dashboard is a public resource, providing real-time insights and key metrics on the TRON network, designed for users of all […]
Nvidia Shares Plummet Amid Tech Sector Selloff
On Monday, technology stocks experienced a substantial decline, with Nvidia leading the downturn. The company’s shares fell by over 13% in pre-market trading, a reaction attributed to the unexpected emergence of Chinese artificial intelligence startup DeepSeek. DeepSeek’s introduction of its advanced AI model, R1, has raised concerns among investors about increased competition in the AI […]
Which Apple ETF Delivers Bigger Gains?
Image Source: Unsplash This is the second installment in my series, comparing single-stock covered call exchange-traded funds. These ETFs provide investment exposure to popular stocks like Amazon and Nvidia, with the added benefit of attractive dividend yields from selling call options. YieldMax was the first to introduce this type of ETF. It currently offers more than […]
Two Trades To Watch: DAX, USD/JPY Forecast – Monday, Jan. 27
Image Source: Unsplash DAX falls as China’s AI development unnerves the marketThe DAX, along with its European peers, is sliding on Monday as the tech sector falls following China’s DeepSeek unveiling a cheaper, more efficient AI breakthrough.A low-power AI model from Chinese startup Deep Seek has sparked worries over profits and the need for costly chips.DeepSeek […]
MicroStrategy accumulates additional 10,107 Bitcoin at over $105K per coin
Key Takeaways MicroStrategy acquired 10,107 Bitcoin for $1.1 billion, averaging $105,596 per coin. The firm’s Bitcoin holdings total 471,107 BTC worth over $46 billion at current prices. Share this article MicroStrategy announced Monday it had acquired 10,107 Bitcoin for $1.1 billion at an average price of $105,596 per coin between January 21 and 26, marking […]
DeepSeek Sends US Stocks Sharply Lower, Dragging Rates Down, While Resolution Of Tiff With Colombia Weighs On The Dollar
There have been two significant developments that are rocking US equities and sending US yields sharply lower. First, Chinese-made AI has taken the world by storm. Apparently, DeepSeek is cheaper to build, consumes less energy, and is faster than the other AIs. There seems to be innovations outside of replication. The second is a brouhaha […]
