Category Archive: Finance, No picture
Why Is September Considered A Really Bad Month For Stocks?
Image Source: PexelsFor nearly a century, September has cast a shadow over Wall Street, earning a reputation as the stock market’s worst-performing month. This phenomenon, dubbed the “September Effect,” has intrigued investors and analysts alike, prompting debates about its validity and impact on trading strategies. September Effect and the Stock Market Since 1928, the S&P 500 […]
Asia Open: Navigating A Seasonally Gloomy Tunnel
Image Source: PexelsMARKETSNorth American investors return from the long weekend holiday to a less-than-welcoming market, stepping into a seasonally gloomy tunnel with the year’s most crucial jobs report looming large. This report is set to draft the Fed’s policy script for 2024, and everyone’s hoping for a steady state affair with the numbers landing squarely in […]
September Could Be Rough For The Market
Image Source: UnsplashStocks rallied into the close on Friday afternoon due to a $6.5 billion buy imbalance, which overwhelmed the market in an illiquid trading session ahead of the three-day weekend. As we have discussed, the market-on-close buy imbalance starts building around 2 PM ET, with the final size released at 3:50 PM ET. We can see […]
Australian Dollar Sees Green As Investors Gear For Important Week For Financial Markets
Image Source: Unsplash AUD/USD started the week on the right foot on a quiet Monday. Australia will release Q2 GDP data on Wednesday, which will be key. RBA Governor Bullock is expected to reiterate hawkish guidance on Thursday despite market expectations of a rate cut in December. The AUD/USD gained 0.30% in Monday’s session, advancing to […]
CrowdStrike Is Not Ready To Resume That Rally; Bull Trap Ahead
Image Source: UnsplashCrowdStrike Holdings, Inc. (CRWD) is an American cybersecurity technology company based in Austin, Texas. It provides cloud workload and endpoint security, threat intelligence, and cyberattack response services. CrowdStrike (CRWD) July 2021 Daily Chart The chart above shows the daily view that we forecast 3 years ago. We were expecting to end an very important market cycle in the blue box area between 303.60 […]
TON blockchain surpasses 1 billion transactions
Key Takeaways TON recorded over 1 billion transactions, half of which occurred in the last three months. The DOGS memecoin airdrop significantly increased TON’s daily transactions and user activity. Share this article The Open Network (TON), the blockchain associated with Telegram, has surpassed 1 billion total transactions according to data from TON Scan. This milestone […]
NASDAQ Analysis Today And The Week Ahead
Check the video below to hear my XPTUSD forex forecast analysis for the week ahead. What is my outlook and the setups I am looking to trade. Video length: 00:04:11 More By This Author:Gold Followed H1 And H4 Breakouts: What Are Todays Levels To Be Broken? Gold Made A Move Down, But Now Follows […]
Solana Sees $7.6 Million In ETP Inflows Despite SOL Price Weakness
Despite struggling crypto prices last week, Solana saw significant inflows into its related digital asset investment products. While investors withdrew millions of dollars from crypto investment products overall, more than $7.6 million flowed into Solana-based exchange-traded products (ETPs). Bitcoin sees $319 million in outflowsAccording to a report by CoinShares, the entire crypto market experienced $305 million in net […]
XRP Community Alleges SEC Of Manipulating Crypto Market
The SEC, often criticized for having a restricting stance towards the growth of cryptocurrencies, is yet again facing heavy criticism as the XRP community has alleged the SEC of manipulating the crypto market. XRP Community Refer Hinman’s StatementThe XRP community is intensively scrutinizing the SEC‘s recent actions, alleging that the agency manipulates the crypto market to […]
USD/CHF Weakens Below 0.8500, Eyes On Swiss CPI, GDP Data
The USD/CHF pair edges lower to near 0.8490 during the early European trading hours on Monday. The downtick of the pair is backed by the weakening of the US Dollar (USD) amid the growing speculation that the US Federal Reserve (Fed) will cut the rate in the September meeting. The Swiss August Consumer Price Index […]
