Category Archive: Finance, No picture
Time For My 2024 Crystal Ball
Image Source: Unsplash One of the most popular finance games when the New Year comes around is to make forecasts about the upcoming year. Most predictions don’t come to pass—the future is just too darn fickle.However, it is the start of a new year, so I, too, will take a shot at some predictions.Because some things […]
European Stock: Volkswagen AG
Company: Volkswagen AGBloomberg ticker: VOW GR, (VWAGY)Market cap: US $65.068BBackground: Volkswagen AG manufactures and sells vehicles. The Company offers economy and luxury automobiles, sports cars, trucks, and commercial vehicles. Volkswagen serves customers worldwide. World Class Benchmarking of Volkswagen AG Profitable Growth rank of 7 was same compared to the prior period’s 7th rank This is below average performance compared […]
USD/JPY Signal: Tries To Recover At This Point
At the end of the day, the recent rally in the US dollar against the yen indicates a resurgence of strength. The USD/JPY displayed a significant rally during Tuesday’s trading session, breaching the 142 yen level and signaling renewed vitality. A potential break above the 142.80 yen level could signify the clearance of substantial resistance, […]
Bitcoin And Ethereum: Bitcoin Is Holding Above $45000
Bitcoin chart analysisThe price of Bitcoin continues the bullish trend at the beginning of this year. On Monday, we saw the price cross above the EMA50 moving average and strong bullish consolidation from the $42500 to $45922 level. There we encounter resistance and make a pullback to support at the $44650 level. After that, the price is […]
The Downside To Lower Rates
Image source: Pixabay Now that aggressive rate cuts have been priced in for 2024, the market is starting to worry about the fact that all of this also implies greater economic weakness. This has translated to a wave of profit taking on US Dollar shorts and a liquidation in US equities as the year gets going.Video […]
USD/CAD Price Analysis: CAD Slips On Weak Factory Activity
The USD/CAD price analysis paints a bullish picture as we launch into the 2024 trading landscape. The Canadian dollar’s descent against the dollar continues due to weak factory activity in Canada. Notably, the Canadian S&P Global Manufacturing Purchasing Managers’ Index worsened on Tuesday, reaching a 43-month low. It reflects the ongoing deterioration in the Canadian economic […]
BTC/USD Forex Signal: Bitcoin Bullish Momentum To Accelerate
Bitcoin rally was mostly because of the ongoing hopes that the Securities and Exchange Commission (SEC) will approve a spot Bitcoin ETF. Bullish view Buy the BTC/USD pair and set a take-profit at 46,000. Add a stop-loss at 44,380. Timeline: 1-2 days. Bearish view Set a sell-stop at 45,000 and a take-profit at 44,000. Add a […]
Today, Investor Interest Is Focused On The FOMC Minutes
Image Source: Pixabay As of Tuesday’s stock market close, the Dow Jones (US30) index was up 0.07%, while the S&P 500 (US500) index decreased by 0.57% yesterday. The Nasdaq Technology Index (US100) closed negative by 1.63% on Tuesday. The S&P 500 (US500) fell to a one-week low, and the Nasdaq (US100) fell to a 2-week low.Weakness in technology stocks pressured the overall market. Apple (AAPL) shares fell […]
Peloton Stock Price Forecast: Peloton Is Ripe For A Bearish Breakout
Peloton Interactive (PTON) stock price has moved sideways in the past few weeks as investors assess the company’s growth. The shares, which bottomed at $4.30 in 2023, have now bounced back to $5.82. They remain much lower than the all-time high of $171.25. The market cap of the once high-flying company has retreated to just […]
Dividends By The Numbers In December 2023 And 2023-Q4
Image Source: Unsplash 2023 has come to an end, leaving behind a mixed legacy.For dividend-paying stocks, December 2023 was representative of 2023 as a whole. There was good news in that the number of unfavorable changes were down, month-over-month, quarter-over-quarter, and year-over-year. But there was also bad and mixed news. The number of dividend increases was […]
