Category Archive: Finance, No picture
Ethereum Commentary – Thursday, March 7
Image Source: Pixabay ETH Pauses… For NowSimilar to the price action we’re seeing in Bitcoin, Ethereum is paused for now at the highs of the recent rally. ETH futures have seen a more than 75% rally off the YTD lows, with price trading up to its highest level since December 2021, eclipsing the 202 highs. Given […]
European Stock: Galapagos NV
TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: Galapagos NVBloomberg ticker: GLPG NAMarket cap: US$2,722mBackground: Galapagos NV is a clinical-stage biotechnology company specialized in the discovery and development of small molecule medicines with novel modes of action, with a pipeline comprising Phase 3, 2, 1, […]
USD/CAD Forecast: BoC Deals A Blow To Rate Cut Expectations
The USD/CAD forecast took a bearish turn after the Bank of Canada dashed hopes for an imminent rate cut. Moreover, the Canadian dollar strengthened, fueled by the surge in oil prices amidst concerns over supply shortages, adding to the currency’s decline. On Wednesday, the Bank of Canada held rates at 5%, in line with market expectations. […]
AUD/JPY Depreciates On Expectations Of BoJ Lifting Negative Rates, Hangs Near 97.50
Image Source: Pixabay AUD/JPY loses ground on hawkish comments from BoJ officials on Thursday. Traders await the Japanese GDP Annualized due on Friday to gain further cues on the economy. Aussie Trade Balance (MoM) increased to 11,027M in February, lower than the expected 11,500M. AUD/JPY plunges to near 97.50 during the European session on Thursday, […]
Finding Good Quality Investments
Last Month’s Winners and LosersLast month favored the fanciful, with a strong performance in crypto, theme stocks, growth, and momentum. Stodgy stocks were stuck in the mud, with weak performance turned in by value, regional banks, and utilities. Long-term bonds also lagged as rates rose for the month. StocksThe market continued to be led by […]
EUR/USD Forex Signal: Weakly Bullish Above $1.0881
Mildly bullish above $1.0881, with ECB meeting today. Profitable short from $1.0872. Watch for trades at $1.0932, $1.0998, and $1.0881.My previous EUR/USD signal on 5th March produced a profitable short trade from the bearish reversal at $1.0872. Today’s EUR/USD Signals Risk 0.75%. Trades must be entered between 8am and 5pm London time today only. Short Trade Ideas Short […]
The Impossible Dream
US debt is out of control; inflation is still rising. Fed Chairman Jerome Powell is tasked with fixing a historic mess. The star is unreachable….The Glass Steagall Act was passed in 1933. Until its repeal under the Clinton administration in 1999, the Federal Reserve had no “emergency” banking system bailouts. Less than a decade later […]
Three Promising SPX Stocks That Are Not AI, Big Tech, Or Crypto
Image Source: DepositPhotosThese stocks are worth looking into with so much attention siphoned into AI and semiconductor equities.As of March 2023, Nasdaq had a combined equity offering of 3,611 stocks. Yet, in this ocean of market capitalization, 70% of the gains came from just seven companies by the end of the year. When investor attention is this […]
Gold Reaches Unprecedented High Amid Economic Uncertainties
Image Source: Pixabay Gold trading reached a significant milestone on Thursday, with prices hitting an all-time high of $2150.00 per Troy ounce. This remarkable surge was propelled by a confluence of factors. These include the decline in US government bond yields, the weakening US dollar, and speculation about a potential interest rate cut by the US […]
Solana’s Price Rises Above $140.00, What About Cardano?
Solana chart analysisToday, we see Solana’s price again above the $140.00 level, and we are very close to testing the previous high at the $143.00 level. We need another impulse to make it happen. The price is on a good run and could do so by the end of the day. Potential higher targets are […]
