Category Archive: Finance, No picture
U.S. Markets Tread Cautiously Ahead Of Inflation Data And Earnings Season
Image Source: Unsplash US stock markets exhibited a cautious stance on Monday, with the three major averages hovering around the flatline amid anticipation for a week filled with pivotal economic updates and corporate earnings.The recent stronger-than-expected jobs report has led traders to temper expectations for imminent rate cuts by the Federal Reserve. Key economic indicators set […]
Why The U.S. Public Debt Is Unsustainable And It Is Destroying The Middle Class
Image Source: Pexels In a recent tweet, a talented financial analyst and investor stated: “The “debt is unsustainable” narrative has been around for 40 years plus. What’s astonishing to me is how the people who push this narrative never ask themselves, “Why has it been sustainable for so long?”.There is a widespread idea that the fiscal […]
Rising Bond Yields Risk Eclipsing Stock Market Gains
Image Source: Unsplash OK, I’m guilty. With so many Americans and national media focused on today’s total solar eclipse (I get 91%, not totality in my part of Connecticut), I couldn’t resist using the term in a headline. What’s worse, when comparing the relative sizes and importance of the bond and stock markets, a lunar eclipse may […]
How To Be Successful At Active Trading
Image Source: Pexels Active trading is a different beast versus buy and hold investing. It requires a completely different mindset and approach. How to adjust your mindset for active trading Your emotions can easily swing from one end of the spectrum to the other each trading day. The excitement of banking a winning trade is a […]
Bear Of The Day: Winnebago Industries
Winnebago Industries (WGO) is a Zacks Rank #5 (Strong Sell) that manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The stock has rallied after an earnings beat, but analysts are dropping estimates as of late. Investors might want to be cautious on rallies as the stock failed […]
Gold At Extreme Overbought Levels As Yields Rise Further: Correction Coming?
There was no further escalation in the conflict between Iran and Israel at the weekend, which saw crude oil and gold prices drop in early Asia trade overnight. But the precious metal’s dip was quickly bought, leading to another rise to a record high of over $2350. It will be interesting to see whether the […]
Microstrategy Stock Rallies On A Super Bullish Analyst Note
MicroStrategy Inc (MSTR) is up more than 10% on Monday after a Benchmark analyst issued a super bullish note in its favour. Why is Benchmark bullish on MicroStrategy stock?Mark Palmer reiterated his “buy” rating on the business intelligence company that owns close to a quarter-million Bitcoin and said its shares could climb to $1,875.The analyst is positive on […]
Microsoft Expands AiIFootprint With New London Office
Microsoft, a leading technology firm, announced its plans to establish a new office in London, exclusively dedicated to artificial intelligence (AI) research and development.Mustafa Suleyman, the CEO of Microsoft AI, revealed that the company will soon begin advertising roles for “exceptional individuals” in the field of AI. Microsoft to hire talent for London officeWhile the exact number of […]
Bitcoin Above $72,000 As Digital Asset Products See Surge In Inflows
Digital asset investment products attracted $646 million in inflows last week, with Bitcoin receiving the lion’s share. BTC saw its price jumped 4.5% to above $72,000 today.Digital assets witnessed a surge in investor interest last week, as evidenced by the recent inflows into various digital asset investment products. Last week, $646 million poured into these vehicles, pushing […]
Bitcoin Commentary – Monday, April 8
Bitcoin Halving EventBitcoin prices are seeing a fresh move higher across early European trading on Monday with futures prices now very close to retesting the current YTD (and all-time) highs. The buying likely reflects renewed demand interest ahead of the upcoming Bitcoin halving event. With BTC supply due to be reduced on April 20th, traders […]
