Category Archive: Finance, No picture
Analytical Overview Of The Main Currency Pairs – Monday, May 20
Image Source: Unsplash The EUR/USD currency pairTechnical indicators of the currency pair: Prev Open: 1.0863 Prev Close: 1.0867 % chg. over the last day: +0.04 % The ECB prefers to follow Fed policy, but the contrasting economic conditions and inflation profiles mean that the ECB will likely have to go it alone this time. Many ECB officials have repeatedly […]
Elliott Wave Technical Analysis: Chevron Inc.
Image Source: Unsplash CVX Elliott Wave Analysis Trading Lounge Daily Chart,Chevron Inc., (CVX) Daily ChartCVX Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minor wave 1. DIRECTION: Upside in Minute {v}. DETAILS: Looking for a top in Minor wave 1, to ideally break previous wave B top at 171$ to give us additional upside confirmation.CVX Elliott Wave Analysis Trading Lounge 4Hr […]
Do You Have Your Eye On Vision Care Stocks?
Image Source: Pexels Eye care is essential for maintaining our overall health and well-being. Regular eye exams not only address vision problems but also help detect underlying health issues like diabetes, hypertension, and high cholesterol, as these conditions can manifest through symptoms in the eyes. By ensuring comprehensive eye care, we can catch these issues early, […]
Ethereum funds face $23 million in outflows amid ETF uncertainty
Ethereum (ETH) crypto funds suffered over $23 million in weekly outflows, despite digital asset products witnessing $932 million in inflows for the same period, according to asset management firm CoinShares. The outflows are tied to a growing skepticism over the likelihood of the SEC approving a spot ETH exchange-traded fund (ETF) in the US.Bitcoin remained […]
Bitcoin Commentary – Monday, May 20
Image Source: Pexels BTC Remains BidBitcoin prices are starting the week in the green with BTC futures lightly bid through early European trading on Monday. The market broke out to fresh highs for the month last week as traders reacted to softer US inflation. However, the market has yet to see proper follow through on the […]
This Week: Nvidia To Report It’s Earnings For Q1 2024
Image Source: Unsplash The AI-mania’s poster child is due to release its earnings after US markets close on Wednesday, May 22nd.This stock is forecasted to then move 8.5% up or down when US markets reopen Thursday, depending on whether Nvidia’s results for the three months ending April 30th excite or disappoint. Given its sheer size, with a market […]
The Outlook For Earnings, Stock Market, And The Business Cycle
Image Source: Unsplash A look at how earnings and stock prices are connected to each other. These simple relationships will help you to develop successful investment strategies.Video Length: 00:12:12More By This Author:Profiting In Bull Or Bear Markets Investment Process What Is The Message Of The Market?
Binance Research estimates token unlocks to reach $155 billion by 2030
The crypto market has recently witnessed a trend of tokens launching with high fully diluted valuations (FDVs) but low initial circulating supplies.This structure, often driven by venture capital (VC) funding and upbeat market sentiment, can lead to unsustainable price appreciation post-token generation event (TGE) and significant selling pressure once tokens unlock.According to a recently released […]
Shiba Inu Burn Rate Surges 500%, Sparks Market Optimism
The burn rate of Shiba Inu (SHIB) has skyrocketed by over 500% today, according to data from Shibburn.This significant increase in the burn rate has generated optimism among traders and investors about potential positive price movements for the meme coin, often dubbed the “Dogecoin killer.” Massive token burn despite trading slumpDespite the impressive burn rate hike, SHIB traded in […]
