Category Archive: Finance, No picture
Nvidia’s Stocks Drops Sharply After It Fails To Impress
Nvidia reported quarterly results that failed to impress the market.Video Length: 00:10:08More By This Author:Stocks Drop As Market Waits For Nvidia’s Results The Fed Rate Cutting Cycle Has Already Been Priced Into The Market Nvidia’s Stock May Not Live Up To The Earnings Hype
Grayscale’s Bitcoin stash down over 60% since ETF debut
Key Takeaways Grayscale’s spot Bitcoin ETF records drastic drop in holdings. BlackRock’s iShares Bitcoin Trust now leads the Bitcoin ETF market. Share this article Grayscale, the second-largest crypto asset manager, has seen over 60% of its Bitcoin holdings in its Grayscale Bitcoin Trust (GBTC) slashed since the fund was converted into an exchange-traded fund (ETF), […]
Bitcoin Plummets To $59,000, On-Chain Data Reveals Why
Bitcoin has observed a plunge to the $59,000 level during the past day. Here’s what could be behind it, according to on-chain data. Bitcoin Exchange Inflow Spiked Just Before The CrashIn a new post on X, CryptoQuant Head of Research Julio Moreno discussed the latest trend in Bitcoin Exchange Inflow. Exchange Inflow is an on-chain metric that tracks the total amount of […]
Asia Morning Bites – Thursday, August 29
Australian private capex will give a first glimpse of next week’s 2Q24 GDP prospects on an otherwise quiet dayGlobal Macro and Markets Global Markets: It was another very quiet day for US Treasury markets. Neither the 2Y or 10Y did much, and that was despite some very dovish comments from the Fed’s Bostic, who seemed unconvinced […]
USD/CAD Remains On The Defensive Below 1.3500 Despite USD Recovery
The USD/CAD pair trades on a weaker note near 1.3480 during the early Asian session on Thursday. The US Federal Reserve (Fed) Chair Jerome Powell signalled that the central bank is ready to ease its monetary policy this year, which weighed on the Greenback in the previous session. Investors await the preliminary US Q2 Gross Domestic Product (Q2) and the […]
GOLD Moved As Predicted Yesterday. The Day Was Bullish. The Price Have Issues
Today you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD. What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:04:00 More By This Author:Gold Formed A Bullish Breakout Towards 2550.00 But […]
Stocks And Precious Metals Charts – Pride Changed Angels Into Devils
Image Source: UnsplashNvidia (NVDA) announced a beat on its numbers after the bell, but the futures markets gyrated and the stock moved lower.Stocks moved lower today, with tech leading the tide receding.Gold and silver were hit with price selling, although gold was able to bounce back a bit more.The Dollar moved higher.How far removed from reality […]
Will FTNT Bullish Sequence Attract Buyers From Pullbacks?
Image Source: UnsplashFortinet, Inc. (FTNT) is a leading cybersecurity company known for providing a wide range of security solutions, including firewalls, antivirus, intrusion prevention, and endpoint security. Founded in 2000 by Ken Xie, the company is headquartered in Sunnyvale, California. Fortinet’s flagship product is the FortiGate firewall, but it also offers a broad portfolio of products […]
Dow Jones Industrial Average Pares Recent Gains As Investors Take A Pause
Image Source: Pexels The Dow Jones shed half of a percent amid cautious market flows. The midweek market session has investors looking ahead to US PCE inflation. China GDP downgrade has investors concerned about physical trade. The Dow Jones Industrial Average (DJIA) trimmed near-term gains on Wednesday, backsliding 150 points in the midweek market session. A […]
The Not Affordable American Dream In Three Pictures
Image Source: UnsplashThe American dream, of buying a home and raising a family is all but dead for many Americans, especially generation Z.Case-Shiller Home Prices vs Average Hourly Earnings Since 2000 Home Prices: +49.1 Percent Average Hourly Earnings: +25.9 Percent Rent: +23.5 Percent CPI: +20.9 Percent Case-Shiller Home Price Index vs Mortgage PaymentThe above chart shows […]
