Category Archive: Cryptocurrency, No picture
BlackRock’s Ethereum spot ETF listed on DTCC under ticker $ETHA
BlackRock’s spot Ethereum ETF has been listed on the Depository Trust and Clearing Corporation (DTCC) with the ticker symbol $ETHA. The listing follows the US Securities and Exchange Commission’s (SEC) approval of eight spot Ethereum exchange-traded funds (ETFs).BlackRock’s spot Ethereum ETF on DTCCThe SEC filings list eight Ethereum ETFs from VanEck, Fidelity, Franklin, Grayscale, Bitwise, […]
AUD/USD Tumbles To Six-Day Low And Hovers Around 0.6600
Image Source: Unsplash AUD/USD falls 0.20% to 0.6605, continuing its third day of losses. US economic resurgence evident with S&P Global Composite PMI at a 12-month high of 54.4. Strong US Services PMI at 54.8 and Manufacturing PMI at 50.9 dampen hopes for a Fed rate cut. The Australian Dollar lost 0.20% against the US Dollar […]
Markets Take Profits Ahead Of Long Weekend
Image Source: UnsplashMarket participants took the opportunity to cash in a few chips today. We’re just one trading day out from Memorial Day weekend, which brings us to unofficial summer and the lower trading volume that often takes place over this period of time. The Dow, S&P 500 and the small-cap Russell 2000 are all now […]
Zeta Markets unveils appchain ZX built on Solana infrastructure
Derivatives decentralized exchange Zeta Markets today announced the launch of Zeta X (ZX), a layer-2 solution aimed at transforming decentralized derivatives trading. According to the announcement, the blockchain will be launched in early 2025. “Our goal with Zeta X is to redefine the performance standards of decentralized trading. It is Zeta Markets’ next milestone to […]
Stretched Risk Indicators Leave Investors Prone To Even Mildly Bad News
Image Source: PexelsStocks and bonds retreated after data indicated that US business activity accelerated alongside a rise in inflation, reinforcing expectations that the Federal Reserve will maintain its current policy stance.Following a solid performance by Nvidia (NVDA) and stretched market positioning, investors were particularly vulnerable to negative news. The S&P Global US PMIs release delivered just that, […]
About My Buy Alert On NVDA Before Earnings
Image Source: Pexels I’m sure by now you’ve seen a headline or two about Nvidia’s latest earnings, and their massive beat. The company reported a 600% profit explosion, largely due to AI-driven segments of their business. In response, the stock gapped up and is now trading at new all-time highs. The company is now worth more than […]
NVDA Tops $2.5 Trillion As Traders Sell Everything Else On ‘Good News’
Image Source: UnsplashNVDA smashed earnings and guidance out of the park and shares exploded over 10% higher…… to make the AI-darling above $2.5 trillion market cap for the first time…Source: BloombergWith around a 1% decline in US stocks, total US market cap fell by around $500 billion, while NVDA alone added $230 billion…Source: BloombergFor everyone else, […]
My Best Day Of 2024: Eight Bearish Wins And A Stellar QQQ Trade
Image Source: UnsplashWhat a fantastic day! I’m pretty sure this was my best day of 2024. Here are my eight bearish positions (all long puts, none of which expire before September 20th). I did a day trade on QQQ with +220% gains, which was icing on the cake. Huzzah!Video Length: 00:10:12More By This Author: Quarterly Report […]
China’s Latest Move Has Governments Freaking Out
Image Source: Unsplash On top of dumping Treasuries (which I covered in detail in a previous video), China’s also dumping its excess production on the rest of the world. The tactic has become so pervasive governments worldwide are responding with more than idle threats. But what are they really worried about given this means cheaper stuff […]
10 Super FAST Growth Stocks At A Reasonable Price (GARP)
Image Source: Unsplash Growth Stocks At A Reasonable Price You can get rich by investing in growth stocks – people have done it for decades, but you’ve got to pick the right ones and you also need to make sure that you are buying them when the prices and values make sense – growth stocks at […]
