Category Archive: Finance, No picture
“Due To Popular Demand”: Tesla Announces Full Self-Driving Coming To China, Europe In Early 2025
Image Source: UnsplashTesla shares outperformed this week after Tesla AI, an affiliate of Tesla, wrote on X that its Full Self-Driving (FSD) advanced driver assistance software will be rolled out across China and Europe in the first quarter of 2025. Tesla AI said pending FSD rollouts in China and Europe are “due to popular demand,” adding that regulatory approval will first be needed to push […]
Green Day Has The Right Idea As September Seasonality Comes In Hot
Image Source: PexelsIn this video, I go over the sell signals from the most recent trading session, take a look at the few stocks on my radar, and go into a detailed analysis of our current market condition and leading ETFs as we move through September’s historically weak seasonality.00:15:00More By This Author:Are We Having Fun Yet? Stocks Sell Off On Massive […]
Thoma Bravo founder says firm permanently exits crypto post-FTX fiasco
Key Takeaways Thoma Bravo has withdrawn from crypto investments after its FTX bet fell flat. The company’s founder maintains a belief in blockchain technology. Share this article Thoma Bravo, managing approximately $160 billion in assets under management, has decided to permanently withdraw from the crypto market following its ill-fated investment in FTX, said Orlando Bravo, […]
Genesco Beats Expectations With $525 Million In Q2 Net Sales
Genesco Inc. (GCO) has reported its fiscal 2025 second-quarter results, exceeding expectations with total net sales of $525 million.Genesco Inc.has reported its fiscal 2025 second-quarter results, showcasing a performance that exceeded expectations. The company, driven by the momentum in its Journeys business, reported total net sales of $525 million, a slight increase from $523 million in […]
Bitcoin Fear & Greed Index Falls To Extreme Fear, Is The Bottom Close?
The recent Bitcoin and crypto market crash has seen prices plunge into the red across the board. As a result, sentiment among crypto investors has plunged rapidly and this has caused the Fear & Greed Index to plunge into the Extreme Fear territory. This suggests that investors are less likely to put money into the market, but […]
Technical Market Report For September 7, 2024
The good news is: Seasonality has been positive for next week. The NegativesThe first chart covers the last 6 months showing the NASDAQ composite (OTC) in blue and a 10% trend (19 day EMA) of NASDAQ new highs (OTC NH) in green. Dashed vertical lines have been drawn on the 1st trading day of each month. OTC […]
Week Ahead: Can The US CPI Do What Payrolls Didn’t And Persuade The Market That The Fed Will Deliver A 50 Bp Cut ?
After the US jobs report and Fed speak, the market scaled back the odds of a 50 bp cut at the September 17-18 FOMC meeting. It settled last week slightly below a 30% chance. The odds were shaved for the second consecutive week. Fed officials have indicated that the full employment mandate is now of […]
UK Crypto Registration Faces High Failure Rate: 87% Of Applications Don’t Qualify
The Financial Conduct Authority (FCA) reported 87% of crypto companies applying for registration under the UK’s money laundering rules failed to receive approval in the last fiscal year.Only four out of 35 applications were approved in the 12 months ending March 31, 2023.Meanwhile, Binance’s payments partner, BNXA, a PayPal UK unit, and Komainu, a joint venture with […]
US Jobs Disaster
Gold closed the week at $2,495 (down $8 since last week) and silver at $27.89 (down about $1). This episode unwraps layers of poor jobs data, yield curve inversion and the coming recession, and what this could mean for gold and silver prices.Video Length: 00:16:29More By This Author:A September Sell-Off?: Gold Wrap for Friday, Aug […]
Meta, Amazon, And Alphabet: A Market Overview
Meta Platforms (META), Amazon (AMZN), and Alphabet (GOOGL) are three of the most influential companies in the digital economy. Each of these giants has a unique role in shaping the future of technology, commerce, and communication.Meta Platforms, formerly known as Facebook, has been a pioneer in the social media space. With its family of apps […]
