Category Archive: Cryptocurrency, No picture
Biden vetoes resolution overturning SEC’s controversial crypto guidance, says repeal would ‘jeopardize’ consumers
President Joe Biden has vetoed a bipartisan resolution that aimed to overturn the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin 121 (SAB 121), a controversial piece of guidance that establishes accounting standards for firms that custody crypto assets.The resolution had passed both the House and House with significant support from Republicans and some Democrats. […]
Profitable Elliott Wave Analysis & Trading Strategies For Nasdaq 100, SP500, And Tech Giants
Elliott Wave Analysis & Trading Strategies for Nasdaq and S&P 500 Tech StocksOur Elliott Wave analysis for the Nasdaq 100 (NDX), QQQ ETF, SP500 (SPX), SPY, Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), and Alphabet (GOOGL) indicates a developing Wave iii of (i) of v) of 1 […]
Are These Beaten-Down Stocks Worth A Look? Tesla, Intel And Starbucks Tesla Shares Down Almost 30% Intel Earnings Forecast Flat YOY Starbucks Facing Pressure in China
Image Source: UnsplashIt’s shaping up to be another great year for investors, with the market building on last year’s gains amid continued positive sentiment. The artificial intelligence (AI) theme continues to be the dominant story, with many large-cap tech companies enjoying tailwinds.Still, the year hasn’t been as positive for all, including Tesla (TSLA – Free Report), Intel (INTC – Free […]
Previewing The 2024 Q2 Earnings Season
Image Source: Unsplash The recent quarterly releases from Costco (COST – Free Report) and AutoZone (AZO – Free Report) kicked off the 2024 Q2 earnings season. The earnings reports from Costco and AutoZone were for their respective fiscal quarters ending in May, which we and other research organizations count as part of the overall June quarter or Q2 tally.In fact, […]
The Ideological Battle Behind The U.S. Debt Crisis
Image Source: Unsplash The U.S. national debt is at 34.7 trillion dollars. If you laid that many dollar bills end-to-end, it would wrap around the Earth 134,599 times. That’s enough to travel to the sun and back 17 times. Suffice it to say, we’re in a pickle.America is slowly approaching the precipice of debt default. This is […]
Novo Nordisk Is At The Vanguard Of The Weight Drug Revolution
Image Source: Pexels Novo Nordisk (NVO) has been in our Green Screens for quite a while now, and I’ve yet to cover it. The stock has more than doubled since the current format went live in late 2022.That ends today.While you may not know the company, you’ve almost certainly heard of its products, or seen them in TV […]
A Review Of The Largest ETFs In The World
Image Source: Pexels A view of the table of the 20 largest ETFs in the world by assets under management shows that the assets in the global ETF industry are highly concentrated. The 20 largest ETFs account for $3,431.0 bn, or 28.80%, of the overall assets held by ETFs globally.As to be expected from the overall […]
Lawmakers push Biden to approve SAB 121 overturn to allow regulated financial firms to hold crypto
House Financial Services Committee Chairman Patrick McHenry (R-NC) and Senator Cynthia Lummis (R-WY) led a letter urging President Joe Biden to reconsider vetoing the bipartisan Congressional Review Act (CRA) resolution overturning Securities and Exchange Commission (SEC) Staff Accounting Bulletin 121 (SAB 121). The SAB 121 makes it prohibitive for highly regulated financial firms to custody […]
This Signal Flashed “Recession” For 22 Months Straight
Image Source: Pexels In this video, we look into sequential signals of Business Cycle Recessions.Video Length: 00:12:31More By This Author:Today’s Home Price Gap Is 19% Larger Than 2008 This Indicator Declined -16% Before 2008, It’s At -9% Right Now Chart Of The Week: Corporate Profit Margins
Cannabis Growth Q4 Financials Unimpressive
Image Source: Unsplash Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) announced its financial results for Q4 quarter ended March 31st, 2023 yesterday. All financial information below is reported in Canadian dollars unless otherwise indicated, and compared to the previous quarter. Q4 Financial Highlights Total Net Revenue: DOWN 7.3% to $72.8M Canadian: DOWN 4.9% to $37.1M As a % […]
