Category Archive: Finance, No picture
Current Report: Betsson (BTSBF)
Betsson AB (OTCPK:BTSBF) is a holding company that invests in and manages companies operating in the online gaming industry.Their products consist of casino and sports betting. The largest category of the casino is slots, i.e. virtual slot machines, followed by the live casino, which provides the player with a virtual, real-life-like casino experience with table games […]
Friend.tech’s FRIEND token tanks to record low as team abandons control of smart contracts
Key Takeaways FRIEND token’s value dropped over 30% in the last 24 hours. Friend.tech transferred smart contract control to a burn address, ending platform updates. Share this article Friend.tech’s FRIEND token has reached a new all-time low, dropping over 30% to $0.059 in the past 24 hours, CoinGecko’s data shows. The drastic fall in value […]
Investors Caught In A Wait Of Uncertainty
MARKETSAsian markets are in for a bumpy ride on Monday, tracking the carnage from Wall Street’s Friday freefall. Investors were hit with a double-whammy: softer-than-expected U.S. jobs data paired with the Federal Reserve’s apparent disinterest in slashing rates by a bold 50 basis points next week. The result? A grim cocktail of bad news that […]
Block Inc. surpasses Coinbase in market cap as crypto stocks see decline
Key Takeaways Block Inc. has surpassed Coinbase in market capitalization for the first time since March. Barclays adjusts its rating on Coinbase from Under Weight to Equal Weight. Share this article Block, Inc., the company behind Square and other fintech ventures, has outpaced Coinbase in market capitalization for the first time since March. This shift […]
Elliott Wave Forecast: Nasdaq Tech Stocks Set For Big Moves; Market Top Insights
Nasdaq 100 (NDX), SP500 (SPX), Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Alphabet (GOOGL), Bitcoin (BTC). Stock market Elliott Wave technical analysis and trading strategies: Elliott Wave Analysis Nasdaq Tech Stocks: Indices and tech stock to move lower, at least to mid week for stocks. As in most […]
Large-Cap Stocks In Trouble – Sunday, Sept. 8
Image Source: PexelsOver the past 12 months, a group of 10 large-cap stocks have underperformed all others. Here’s an updated look at the top 10 worst performing large-caps along with their one-year price returns. Additionally, here’s what they look like in one chart:More By This Author:Verizon Communications Inc: Is It A Buy? Walmart Inc. Valuation: Is The Stock Undervalued? Large-Cap […]
Weekly Forex Forecast – Sunday, Sept. 8
Image Source: Unsplash Fundamental Analysis & Market Sentiment I previously wrote on Sunday, Sept. 1 that the best trade opportunities for that week were likely to be: Long of the EUR/USD currency pair following a bullish daily close above $1.1057. This set up on Wednesday, but it ended the week only at break-even. Long of gold in US dollar terms following […]
Weekly Technical Update: Nasdaq 100 – Sunday, Sept. 8
Image Source: UnsplashIn this comprehensive video, I take a closer look at the Nasdaq 100 in both the cash and futures markets.00:46:49More By This Author:Weekly Technical Update: S&P 500 – Sunday, Sept. 8Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Sept 4Weekly Technical Update: S&P 500 – Sunday, Sept. 1
Pairs In Focus – Sunday, Sept. 8
Image Source: Unsplash Dow Jones 30 The Dow Jones 30 plummeted rather hard during the course of the trading week. Now that we have seen such an ugly turn of events when it comes to the jobs number, it’s not a huge surprise that we continue to see more downward pressure.However, there is a massive amount of support underneath […]
PPG Industries: A Paint And Coatings Giant To Turn To If Markets Get Volatile
Image Source: UnsplashBy far the most important thing you can do in a steep market decline is to not panic sell. I believe the single biggest mistake most investors make is selling when the market crashes. Meanwhile, I like PPG Industries Inc. (PPG), the largest paints and coatings company in the world, notes Ben Reynolds, editor of Sure Dividend.Recessions (and market […]
