Category Archive: Finance, No picture
The Stock Market This Week – Saturday, June 1
Image Source: Unsplash Dividend Safety Still Matters – So, Pay Attention to It Dividend safety is a concept almost all dividend growth and income investors understand. However, it’s good to periodically revisit the topic. Lessons learned before are sometimes forgotten, especially in a persistent tech bull market. Paying attention to dividend safety can save some heartache in the […]
Gold & Silver Cooling Off Before Summer
Image Source: UnsplashGold and silver closed the month of May by making new monthly all-time highs, but they may be cooling off before the summer. The path of least resistance for gold, silver, and the miners looks to be lower over the next one to two weeks.00:08:20More By This Author:Gold Stocks Will Not Crash In The Coming Recession […]
Always Insist On Quality
Image Source: Unsplash“12 Qatar Airways passengers injured as Boeing jet hits turbulence en route to Dublin,” reads a May 27 Fox Business headline. It’s yet another negative Boeing (BA) story for the year.This time, nobody died, as with the recent Singapore Airlines episode – another turbulence incident. And no door panels were ripped off, as happened to the […]
Will Ethereum Hit $5K In June? BNB Holders Rush Into Raboo Presale
After Ethreum’s ATH nearly hit $5,000 in 2021, ETH sparked a wave of market excitement that saw the network’s transaction fees go up significantly. Recent SEC approval of Spot Ethereum ETFs has seen Ether gain new momentum with a registered 26% increase. Binance Coin holders, on the other hand, are looking to emerging projects in the meme coin space as BNB’s price stalls.Raboo’s AI-backed […]
ARK Invest opts out of Ethereum spot ETF, explores alternative paths: Report
Spot Ethereum exchange-traded funds (ETFs) have seen several developments this week following listing approval on May 23. The most remarkable is that Cathie Wood’s ARK Invest suspended its spot Ethereum ETF plans. An ARK spokesperson stated in an email that it would seek better investor opportunities. “At this time, ARK will not be moving forward […]
The MoMo Chase Remains
Last week, we discussed consumer data suggesting the economy was weakening. This past week, downward revisions to Q1 GDP and weak personal consumption expenditures (PCE) reports confirmed that suspicion.The U.S. economy’s growth in the first quarter was revised to an annualized rate of 1.3% from the previously estimated 1.6%, reflecting weaker consumer spending and equipment […]
Technical Market Report For June 1, 2024
The good news is: Seasonality for the coming week has been very strong. The NegativesThe first chart covers the last 6 months showing the NASDAQ composite (OTC) in blue and a 10% trend (19 day EMA) of NASDAQ new highs (OTC NH) in green. Dashed vertical lines have been drawn on the 1st trading day […]
Arbitrum’s proposal to unlock 225M ARB for gaming boost sparks debate
Arbitrum’s recent proposal to release 225 million ARB tokens, valued at approximately $250 million, for its Gaming Catalyst Program (GCP) has stirred controversy among its community members. Critics argue that the proposed budget is excessive.Ryan Graham, an analyst at Messari, said he initially supported the proposal but reversed his position due to discrepancies in the […]
EURUSD Analysis, EURUSD Price Prediction & EURUSD Week Ahead Forecast – Saturday, June 1
Today you will see EURUSD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for EURUSD. What to expect where the price will breakout for the EURUSD based on the supply and demand zones.Video Length: 00:04:10 More By This Author:Gold Trading Strategy For Friday, May 31 Gold […]
Bitcoin Vs. Gold: Why This Trader Believes BTC Will Surge By More Than 300%
Seasoned trader Peter Brandt’s recent prediction has captured significant attention. Brandt, known for his crypto market insights, has forecasted a substantial rise in Bitcoin’s value compared to gold, suggesting an impending shift in investors’ asset preferences. Bitcoin vs. Gold: A Shift In ValuePeter Brandt, particularly, projected an eye-opening scenario where Bitcoin could dramatically outpace gold. His analysis suggests that the […]
