Category Archive: Finance, No picture
How The Fed Announcements Could Shape The S&P 500’s Next Move
Image Source: UnsplashThe markets are at a pivotal point, and investors are closely watching what comes next. If you’ve been keeping an eye on the S&P 500, you’ve probably noticed some telltale bullish signs emerging on the charts. But what does it all mean, and how can we anticipate what’s coming next? In this post, we’ll […]
Is It Safe To Buy Gold, GLD, And IAU ETFs Ahead Of FOMC Rate Cut?
Image Source: Unsplash Gold and spot ETFs like GLD and IAU have surged to a record high this year. The Federal Reserve has hinted that it will cut interest rates. There are signs that gold and associated ETFs could reverse. Gold price was hovering near its all-time high of $2,587 on Wednesday morning as investors waited […]
Binance confirms launch of Moonbix, its new Telegram mini-game
Key Takeaways Binance’s Moonbix game was leaked before its official release. The company is addressing user issues caused by the leak and will announce the launch date soon. Share this article The customer support team at Binance has confirmed that the company will soon release “Moonbix,” a new play-to-earn (P2E) game available on Telegram’s Mini […]
ADX: A High-Yielding, Diversified CEF Worth Looking Into
Image Source: PexelsWhen it comes to investing, there are two critical “bedrocks” we need to keep in mind. Everything else builds out from there. These two facts are why 95% of my favorite high-income investments, closed-end funds (CEFs), have made investors money over the last decade. Those include the 8.4%-yielding Adams Diversified Equity Fund (ADX).The two bedrocks are: 1) […]
A Look At The Last 35 Years Of New Cutting Cycles
Image Source: PexelsThe stock market model for the day is plus or minus 0.50% and then a rally after 2pm. However, with the S&P 500 being up 6 straight days into the Fed meeting, much of the energy has already been used and the study has been reduced to a coin flip. Additionally, a potential set […]
This Slingshot Breakout Could Be Easy Money On FOMC
Image Source: Pexels FOMC Tomorrow – are you ready? These charts look great tonight – I see (2) clues telling me this Slingshot Breakout could be the easiest money we make all week!Emini and Nasdaq are bullish overall on the 60min, with a bearish range on the tick charts…Put those 2 clues together and it’s easy […]
Full Slate Of Economic Data Ahead Of Fed Rate Cut
Image Source: PexelsAt the close of the final trading day before the Fed’s long-awaited interest rate cut, market indexes finished flat for the day. While the Dow slipped incrementally, -0.04%, the S&P 500 wound up on the other side of that ledger, +0.03%, for its seventh-straight higher closing day. The Nasdaq and the small-cap Russell 2000 […]
Pushing Into Peril: Two
Image Source: UnsplashWe approach the day of peril on Wednesday! I have 33% of my account in cash reserves, and I won’t deploy it until Thursday morning, once the FOMC insanity is done. In the meanwhile, here are my eight bearish positions in my secondary account:More By This Author:Next Up: $2700Another MidlineETF Focus – Precious Metals
GDPNow At 3% For Q3
Image Source: PexelsGoldman Sachs tracking 2.8%.Figure 1: GDP (bold black), GDPNow as of 9/17 (light blue square), Goldman Sachs tracking as of 9/17 (pink circle), NY Fed nowcast as of 9/13 (red triangle), FT-Booth as of 9/14 (blue square), and August median SPF (tan), all in bn.Ch.2017$ SAAR. Source: BEA 2024Q2 2nd release, Atlanta Fed, NY Fed, Goldman […]
Google Cloud rolls out Ethereum-compatible blockchain RPC service
Key Takeaways Google Cloud’s new Blockchain RPC service simplifies web3 development. The service offers scalability and supports Ethereum with plans for more chains. Share this article Google Cloud has unveiled its new Blockchain Remote Procedure Call service to simplify blockchain development for web3 developers, making it easier for them to interact with blockchain data, as […]
