Aflac – Strong Technical Indicators With 100% Buy Signals
Sep 05, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels Aflac (AFL) shows strong technical indicators with 100% buy signals, a 47.77% gain in the last year, and a Trend Seeker buy signal. The company operates through Aflac Japan and Aflac U.S., offering various supplemental health and life insurance products. Fundamental factors include a market cap of $61.98 billion, a P/E of 16.77, […]
Binance to launch fixed rate loans in USDC and FSUSD stablecoins
Sep 05, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Binance’s fixed rate loans provide predictable financial planning for users. The service includes features like auto-repay and principal protection. Share this article _*]:min-w-0″> Binance Loans now offers fixed rate loans, providing users with predictable borrowing costs, according to a blog post by Binance. This feature allows borrowers to lock in interest rates for […]
Economically Weighted ISM Indexes Show An Economy On The Very Cusp Of – But Not In – Contraction
Sep 05, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsRecently I have paid much more attention to the ISM services index. That’s because, since the turn of the Millennium, manufacturing’s share of the economy has contracted to the point where even a significant decline in that index has not translated into an economy-wide recession, as for example in 2015-16. When we use an economically weighted […]
Shorting The Fatties
Sep 05, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashEli Lilly (LLY) has traditionally scared me. I mean, let’s face it, a totally evil company that sells drugs at 10,000 the times of the cost of materials which has the pathetic U.S. healthcare system over a barrel is a pretty damned good business model. It is sporting a P/E in the triple digits, which is normally what you would […]
WTI Into The $60s
Sep 05, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashAlongside equities, it’s been a rough week for crude oil. On catalysts of assumed weaker demand and supply news out of the Middle East, front month WTI futures are already down 5.56% month to date with the steepest declines occurring on Tuesday. As shown below, crude has been falling throughout the past year and these most […]
Morgan Stanley’s Institutional Fund reveals exposure to BlackRock’s Bitcoin ETF
Sep 05, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Morgan Stanley’s Institutional Fund allocated 2.1% to BlackRock’s Bitcoin ETF and 4% to MicroStrategy. Five of the six largest global asset managers now have Bitcoin-related investments or services. Share this article Morgan Stanley reported 2.1% exposure to BlackRock’s spot Bitcoin (BTC) exchange-traded fund (ETF) IBIT in its Institutional Fund. In a Sept. 4 […]
Tesla Stock Surges On Plans To Expand Full Self-Driving Globally
Sep 05, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsTesla, Inc. (TSLA) announced plans to launch its Full Self Driving (FSD) product in Europe and China by early 2025, marking a significant expansion of its advanced driver assistance technology. The electric vehicle manufacturer, led by CEO Elon Musk, aims to introduce the paid add-on feature in these key markets pending regulatory approval. This move comes […]
Fixed Maturity In Focus: Constructing A Ladder For Stability And Yield
Sep 05, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsAs fixed income index solutions continue to evolve, one notable innovation has been that of fixed maturity indices. Fixed maturity indices have existed in the U.S. for over 10 years, where growth and adoption have increased over that time. The market is newer in Europe, where adoption has taken shape over the last 12 […]
Apecoin Price Resurging After Blueprint Launch Ahead Of Apechain Launch
ApeCoin (APE) price reaction
Sep 05, 2024
Jeremy Parkinson
Finance, No picture
The price of ApeCoin (APE) has seen a notable resurgence following the launch of the BluePrint initiative, designed to prepare for the highly anticipated ApeChain network.The BluePrint project marks a pivotal moment for the Bored Ape Yacht Club (BAYC) ecosystem.It focuses on innovation, developer tools, and engaging user experiences, potentially reshaping the landscape for NFTs […]
Cardano’s IOHK, Hedera join Ripple, Algorand Foundation as founding members of Decentralized Recovery Alliance
Sep 05, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways IOHK and Hedera have joined the DeRec Alliance as founding members to enhance crypto recovery standards. The DeRec Alliance aims to make digital asset recovery as simple as web2 account recovery. Share this article IOHK, the technology firm behind Cardano, and Hedera have officially joined the Decentralized Recovery (DeRec) Alliance as its final […]