Category Archive: Finance, No picture
Elliott Wave Technical Analysis: Analog Devices Inc. – Wednesday, June 5
Image Source: Pexels ADI Elliott Wave Analysis Trading Lounge Daily Chart,Analog Devices Inc., (ADI) Daily ChartADI Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minor 3. DIRECTION: Top in 3. DETAILS: We are looking at Minor wave 3 unfolding nicely on the way up, an we are now finding support on the end of MG1 at 230$ as we hit equality […]
New Zealand Dollar Shows Stability Amid US Economic Concerns
Image Source: Unsplash The NZD/USD pair is stable, consolidating around 0.6189 on Wednesday. The New Zealand dollar maintains a sideways trend and appears relatively robust in the current market environment.Recent pressure on the US dollar, triggered by disappointing employment statistics, has led to speculation that the US Federal Reserve might reduce interest rates after the September […]
Softening Indeed, Wednesday, June 5
“If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.” – Milton Friedman depositphotos This morning, we’re seeing a modestly positive tone in equity markets as treasury yields have barely moved. The risk-on mentality can be seen in Bitcoin where prices cracked back above $70K yesterday […]
Crypto startups secure $777 million from VC funds in May
Crypto startups captured $777 million in investments from venture capital (VC) funds in May, according to data aggregator DefiLlama. This is a 17% slide from the total amount netted in April, and the second consecutive month of VC capital slowing down.Projects focused on building blockchain infrastructure received $630 million last month, representing 81% of the […]
Campbell Soup Beats EPS And Revenue Expectations In Fiscal Q3, Ups Guidance
Campbell Soup Company (CPB) reported robust financial results for the third quarter of fiscal 2024, which ended on April 28, 2024. depositphotos The company completed its acquisition of Sovos Brands, Inc. on March 12, 2024, which significantly contributed to its performance. Net sales for the quarter were $2.4 billion, representing a 6% increase compared to the same period last […]
Problems & Misconceptions About Dividend Investing – How, When, And Why Do Companies Pay Dividends?
Image Source: Pixabay There are many problems and misconceptions about dividend investing. Let’s help you stay the course by understanding how, when, and why companies pay dividends. Revisiting the mechanics of dividends will destroy your misconceptions and bring you solutions to your problems. You’ll Learn A dividend is the distribution of a company’s earnings to its […]
Money Talks: The United States Is Doing Retirement Wrong
Economist and author Teresa Ghilarducci joins to discuss how the 401k was a tax dodge, why other countries have far fewer elderly poor, and more.Audio Length: 00:39:39 More By This Author:The Rent Is Still Too Damned HighAntitrust, Boomer StyleIs Billionaire Charity A Sham?
Unlocking ASX Trading Success: V300AEQ ETF Units
Image Source: Unsplash ASX: V300AEQ ETF UNITS – VAS Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with V300AEQ ETF UNITS – VAS. We confirmed that wave 2-red has ended and wave 3-red is opening to push higher.ASX: V300AEQ ETF UNITS – VAS Elliott Wave Technical Analysis ASX: V300AEQ ETF […]
Crypto firms targeted in potential email vendor breach, warns Tether CEO
Tether CEO Paolo Ardoino has issued a warning that a prominent email newsletter vendor used by crypto companies may have been compromised in what could possibly be a supply chain attack against the crypto industry.Ardoino shared this information on X (formerly Twitter), suggesting that the incident could be a supply chain attack targeting the crypto […]
USD/CAD Advances Toward 1.3700 Ahead Of US Data, BoC Policy Meeting
Photo by Michelle Spollen on Unsplash USD/CAD edges higher ahead of BoC’s interest rate decision and US Employment, and ISM Services PMI data. The BoC is universally expected to cut interest rates by 25 bps to 4.75%. The US data will influence Fed rate-cut prospects for September. The USD/CAD pair rises toward the round-level resistance of 1.3700 […]
