Category Archive: Finance, No picture
Decoding Market Structure With Volume Profile
Image Source: PexelsExplore advanced volume profile techniques in this brief tutorial as we dive into chart details, uncovering significant trading levels and the impact of zooming in for clearer analysis.00:03:31More By This Author:Optimizing Profit Management Across Multiple Days-To-Expiration The Dual Nature Of Low Volume Trading Zones Trading Tactics For Unexpected Markets
GBP/JPY Floundered Near 192.00 After Suspected BoJ Interventions Flattened Markets
Image Source: Unsplash The GBP/JPY currency pair appeared to be lethargic near the 192.00 handle on Friday. Overactive BoJ financing reports seemed to hint towards Forex intervention. Coming up next week: BoE rate call, UK GDP. The GBP/JPY currency pair was seen trading flat near the 192.00 handle on Friday, as the Bank of Japan has been suspected of directly intervening in Forex markets […]
Alamos Gold: With Mining Stocks On The Move, This Growing Gold Producer Should Shine
Image Source: UnsplashGold and precious metals mining stocks are prone to major boom and bust cycles and lately, as both have been on the run higher. Whether you want to attribute the rise to concerns about inflation, sovereign debt, geopolitical risks, or supply/demand dynamics, the reality is these stocks are moving. I recommend getting involved with Alamos […]
Forex And Cryptocurrencies Forecast For May 6-10
Image Source: Unsplash EUR/USD: What’s Wrong with the US Soft Landing? The headline of our last review stated that inflation remains stubborn, and the US GDP is slowing. Newly arrived data have only confirmed these assertions. A crucial inflation measure that the Federal Reserve follows – the Personal Consumption Expenditures Price Index (PCE) – increased from […]
Short-Term Uptrend Began In A Choppy Market
Image Source: PexelsIt looks like a short-term uptrend began this week, and this means that I will be deploying some of my available cash and adding to positions cautiously. I say cautiously because this has been such a choppy market so far this year that it has been hard for me to position my accounts properly. I believe […]
Bitfinex CTO denies new allegations of user data hack, assures funds are secure
Bitfinex has been thrust into the spotlight recently after a ransomware group, named “FSOCIETY,” claimed to have gained access to 2.5TB of the exchange’s data and the personal details of 400,000 users. In response to the allegations, Bitfinex CTO Paolo Ardoino clarified that the claims of a database hack appear to be “fake” and assured […]
ISM Services In Contraction For The First Time Since December 2022
Image Source: PexelsEconomic activity in the services sector contracted in April for the first time since December 2022, ending a period of 15 consecutive months of growth. ISM chart and excerpts below by permission from the Institute for Supply Management® ISM®The April ISM Services Report on Business show Services and Manufacturing are both in contraction. Economic activity in […]
Crypto startups see rapid growth through ‘fluid valuations’ and decentralized cap tables — Bloomberg
Cryptocurrency startups are increasingly adopting an aggressive form of fundraising known as open-ended or rolling funding rounds.This approach allows startups to continuously raise capital and rapidly boost their valuations, in contrast to the traditional venture capital model of discrete funding rounds spaced over several years.According to a report from Bloomberg, the rise of open-ended funding […]
Stagflation – Myth Or Reality?
Last week, we discussed whether the recent rally from the lows was just a sucker rally ahead of a more significant decline. Our assessment was that was likely not the case. To wit:“On Friday, following blowout earnings from Google and Microsoft, the market challenged the intersection of the 20- and 50-DMA. With the market not […]
Technical Market Report For – Saturday, May 4
The good news is: Breadth improved along with prices again last week. 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 of […]
