Category Archive: Finance, No picture
Foreign Exchange Market Becalmed (Momentarily?)
Image Source: Unsplash Overview: After wild swings in recent days, there is a nervous calm in the foreign exchange market so far today. The US dollar is narrowly mixed against the G10 currencies and is +/- about 0.15%. The dollar bloc and Scandis are softer. Among emerging market currencies, central European currencies and the Mexican peso lead […]
SEC faces first deadline to decide on Grayscale’s Solana Trust ETF conversion proposal
Key Takeaways The SEC is facing its first deadline to decide on Grayscale’s proposal to convert Solana Trust to an ETF. Multiple firms, including VanEck and Bitwise, await SEC decisions on their Solana ETF proposals. Share this article The US SEC faces its first deadline today to make a decision on Grayscale’s application to convert […]
CME Group clarifies no official decision made on XRP, Solana futures contracts
Key Takeaways CME Group has not made any official decisions regarding XRP or Solana futures contracts. A test page indicating potential futures contracts for XRP and Solana was released in error. Share this article The Chicago Mercantile Exchange (CME) denied making any official decisions about XRP or Solana futures contracts after a test page erroneously […]
Gold Trading Strategy, XAUUSD Analysis & Forecast – Thursday, Jan 23
Image Source: UnsplashToday 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: 00:02:02More By This Author:Gold Trading Strategy, XAUUSD Analysis & Forecast […]
Fake-Out Flops
Image Source: UnsplashI’ve got to say, the Trump Optimism has absolutely torpedoed a lot of beautiful-until-about-two-weeks ago topping patterns in many markets.More By This Author:Well-Poised Index ChartsCorning WavesBunge Jump
Buy The Surge In Netflix Stock After Record Subscriber Growth?
Image Source: UnsplashReporting strong Q4 results after market hours on Tuesday, Netflix (NFLX – Free Report) stock soared +9% in today’s trading session.Hitting a 52-week peak of $999 a share, NFLX had surged over 100 points before cooling off, with its previous closing price at $869.Serving as a further catalyst to its impressive top and bottom line figures, Netflix […]
Stocks Rally, But Volatility Levels Suggest There Isn’t Much Left To Gain
Image Source: UnsplashStocks were up pretty big today, at least on the surface, with the S&P 500 rising by 63 basis points. However, when we look at the market overall, the volume of S&P 500 futures was very weak, with just 1.1 million contracts traded. Based on preliminary data, that’s easily one of the lowest volume […]
Tech Stocks Reclaim Their Mojo
Image Source: Unsplash MARKETSUS equities catapulted to stratospheric heights Tuesday, propelling the S&P 500 to unprecedented peaks fueled by President Trump’s pro-growth directives, a monumental private sector investment in AI infrastructure, and stellar earnings that rekindled a stock market bonanza. Amidst the constant hum of tariff threats, President Trump shifted gears, spotlighting technology and artificial intelligence—a […]
Bitwise plans a Dogecoin ETF as Trump’s pro-crypto administration takes shape
Key Takeaways Bitwise Asset Management is preparing a Dogecoin ETF application, reflecting growing interest in crypto ETFs under favorable conditions. Trump’s pro-crypto administration and regulatory shift have triggered a wave of ETF applications, with analysts predicting more approvals ahead. Share this article Bitwise Asset Management is gearing up to submit a Dogecoin ETF application to […]
Why United Airlines Stock Is Soaring And Could Stay Buoyant
Image Source: Unsplash United Airlines (Nasdaq: UAL) extended its remarkable rally on Wednesday, with shares climbing 4.8% in the early hours of trading before slipping into the red briefly and then recovering again.At 10:38 am, it was up by 1.67%.Over the past 12 months, United’s stock has surged an astounding 187%, ranking as the third-best performer […]
