Category Archive: Finance, No picture
Daily Market Outlook – Tuesday, Dec. 10
Image Source: Unsplash China’s stock markets have opted to embrace the authorities’ recent ambiguous commitment to support the struggling economy, resulting in a surge in stocks to their highest point in almost a month. A statement from China’s Politburo on Monday indicated a transition from “prudent” to “moderately loose” monetary policy, along with an intention to […]
How Far Could The S&P 500 Go?
Image Source: Unsplash Watch the video from the WLGC session on 9 Dec 2024 to find out the following: Price volume analysis on the S&P 500, Nasdaq 100, Dow Jones & Russell 2000 Gold & silver futures Bitcoin Crude oil futures Dollar index Video Length: 00:15:52 Market Environment The bullish vs. bearish setup is 527 to 121 from the screenshot […]
Surge In Mortgage Rates Spikes Unaffordability For New Homes
New home buyers didn’t catch any breaks during October 2024 as the new home affordability crisis extended into its 31st month.Both the median price of new homes sold and mortgage rates rose during the month. This combination of factors packed a one-two punch against affordability and reversed what had been a trend toward greater affordability […]
Two Trades To Watch: DAX, FTSE Forecast – Tuesday, Dec. 10
Image Source: Unsplash DAX falls as inflation rises & SAP drops German inflation rises to 2.2% YoY in November SAP falls on read-across from Oracle’s weakness DAX hovers around its all-time high The DAX, along with its European peers, is heading lower following weaker-than-forecast Chinese import and export data and as investors weigh up German inflation […]
FX Daily: China Provides Some Respite From Dollar Strength
Image Source: Unsplash We should see little action before a busier second half of the week in the US and Eurozone. If anything, the USD should see some support ahead of tomorrow’s inflation numbers. Inflation numbers in Hungary and the Czech Republic dominate the EM space. USD: China respiteThe dollar was a little softer against most […]
Satoshi’s Bitcoin holdings at risk as quantum computing advances, says Ava Labs co-founder
Key Takeaways Ava Labs co-founder highlighted the vulnerability of early Bitcoin holdings to quantum computing attacks. Current quantum computing capabilities do not yet pose a threat to Bitcoin’s security. Share this article Google’s new quantum computing chip Willow has sparked fresh concerns about Bitcoin’s security. As quantum computing advances, it could become powerful enough to […]
This Slingshot Reversal Could Be A Huge Payday
Image Source: Unsplash Weekend’s over, let’s make some money! We got the “rug pull” we spoke about in our last video, so I’m looking for Bear Traps right now…But there’s one obvious clue on the tick charts tonight, telling me this Slingshot Reversal might be a huge payday tomorrow!I have (4) trades on my radar […]
Crypto crash wipes out $1.7 billion in leveraged positions, Bitcoin plunges toward $94,000
Key Takeaways The crypto market crash led to $1.7 billion in leveraged position liquidations within 24 hours. Despite concerns over quantum computing’s impact on crypto security, current threats remain minimal. Share this article A sharp crypto market correction triggered $1.7 billion in liquidations over 24 hours, with Bitcoin falling from above $100,000 to $94,100 and […]
VIX Index Rises As Stock Finally Crack
Image Source: UnsplashToday, we saw the S&P 500 fall by about 60 basis points, while the Nasdaq 100 declined by approximately 85 basis points. Nvidia (NVDA) was the leading stock, dropping 2.5% after China launched a monopoly probe into the company. Nvidia accounted for about 25% of the decline in the Bloomberg 500 indexes, which serve […]
Opposite Day To Start The Week
Image Source: UnsplashIf you’ve had a good year so far in the stock market, chances are you had a pretty bad day in the market today. On the surface, today’s action wasn’t awful. The S&P 500 (SPY) was down 0.5% while the Russell 1,000 was down 0.7%. Within the Russell 1,000, the average stock was down even less at […]
