Category Archive: Finance, No picture
Solana Surges Through Pivotal Range; Can It Reach $160 Following A 10% Jump?
The post Solana Surges Through Pivotal Range; Can It Reach $160 Following a 10% Jump? appeared first on Coinpedia Fintech NewsEver since the Solana price managed to rise above $100, the bulls have maintained a huge dominance over the rally. The price failed to sustain itself above $200, which formed a double top, resulting in a drastic plunge in the […]
Current Market Sentiment Indicators: Spotting Market Moves
Introduction: Emotions and the Market“Investing is not about emotions; when your feelings start talking, your money starts walking.” This rings true for many investors, as allowing emotions to dictate decisions often leads to financial losses. The economic crisis 2008 left deep scars, further discouraging individuals from participating in the stock market. High unemployment rates and […]
Mag 7 Leadership Reflects Earnings Power
Image Source: UnsplashWith Q1 results from Apple (AAPL – Free Report) and Amazon (AMZN – Free Report) now out, we only have Nvidia’s (NVDA – Free Report) results still awaited at this stage of the ‘Magnificent 7’ group of companies. The sub-par growth numbers from Tesla (TSLA – Free Report) and Apple notwithstanding, the Mag 7 group as a whole showed impressive top- and […]
Are New Highs Coming In The Stock Market?
After dropping 80 points on Tuesday, the S&P 500 rallied to finish green for the week. Have key “end of the pullback” hurdles been cleared or is the door open to additional downside? In this week’s video, we’ll review the latest charts and data to help us answer the question, are new highs coming in the […]
How To Make The Most Of Today’s Market – Friday, May 3
Image Source: PexelsStocks have lost ground lately, with the S&P 500 index losing roughly 5% of its value from its recent record peak. Driving this shift in sentiment appears to be a reassessment of Fed policy in the wake of unfavorable inflation readings over the last few months.This year’s monthly inflation readings appear to show that […]
Pyth Network, Aavo, Memecoin, and Starknet set for over $2 billion token unlock this month
Several crypto projects are poised for significant token releases in May, with Aavo, Pyth Network, Memecoin, and Starknet at the forefront. Data from Token Unlocks indicates that these projects will experience the largest token unlocks this month.Memecoin (MEME) released 5.31 billion tokens, constituting about 31% of its circulating supply and worth nearly $128 million today.Aavo […]
Navigating Market Trends: Elliott Wave Insights For NDX Tech Stocks
Image Source: UnsplashElliott Wave Analysis of NDX Tech Stocks: Nasdaq 100 and SP500 Wave (4) low being in place strengthens day by day and we can continue to build long positions across many markets such as Bitcoin and crypto tokens. Apple’s earnings also injected strength into the tech sector, some of the stocks were quite flat […]
These 3 Companies Shattered Quarterly Records
Image Source: PexelsEarnings season continues to roll along, with a solid chunk of companies already delivering their quarterly results. The period has remained positive, underpinned by strong results from the technology sector.And interestingly enough, several companies – Apple (AAPL – Free Report), Eaton (ETN – Free Report), and Spotify (SPOT – Free Report) – posted quarterly records, with shares of each seeing […]
DOJ charges former Cred execs over $783M fraud and money laundering scheme
The US Department of Justice (DOJ) has announced charges against three former executives of the now-bankrupt crypto lending and investing firm Cred, alleging their involvement in a scheme that led to customers losing crypto holdings currently valued at over $783 million.The accused individuals include Cred co-owner and former CEO Daniel Schatt, former CFO Joseph Podulka, […]
Dow Jones Industrial Average Gains 450 Points As Investors Up Rate Cut Bets After Softer NFP
Image Source: Unsplash Dow Jones gains 460-plus points as investors raise bets on rate cuts. US data broadly softer on key labor print. Tech stocks dragging Dow Jones higher. The Dow Jones Industrial Average (DJIA) gained nearly 1.2% on Friday after a broad miss from US Nonfarm Payrolls (NFP) and other key labor data revealed a […]
