Bitcoin Resistance Too Much – $5,500 Is Imminent
Bitcoin is going to make its way to under $6,000 very soon. I have to be honest, I’m a bit surprised with how perfectly right I have been about Bitcoin since December, which was when I really started watching the cryptocoin on a daily basis. The technical analysis on it has been superbly accurate, and […]
Market Talk- Thursday, March 8
Markets breathed a sigh of relief yesterday, having heard US trade tariffs may well be targeted rather than a blanket and this lifted both US and global indices. We saw a 1.5% return from the Hang Seng as energy, resources, financials and real estate sectors all helping to recover ground lost earlier in the week. […]
Weekly Heating Oil Prices – Thursday, March 8
We’ve used data from the Energy Information Administration (EIA), which publishes price data weekly on home heating oil in 38 states by dollar-per-gallon before taxes. Unlike natural gas and electricity, home heating oil is provided by independent retailers. The latest price of home heating oil nationwide is $3.08, down two cents from last week and up 41 […]
ADP Report Signals Economy Could Run Hot
Amazing ADP Report- Economy Could Run Hot The labor reports have become more important lately because they help us determine if the economy is running hot. A bad report is usually considered a one-off event. It’s sometimes blamed on the weather; investors expect it to be revised higher. A solid report is the sweet spot […]
April Employment Report Preview
Heading into Friday’s Non Farm Payrolls (NFP) report for February, economists are expecting an increase in payrolls of 205K, which would be a slight increase from January’s reading of 200K. In the private sector, economists are also expecting the same increase of 205K. With these increases, the unemployment rate is expected to fall to 4.0%. […]
Can Ripple’s XRP Unseat Bitcoin As King Of Crypto?
After a record high in December, the cryptocurrency market crashed across the board. However, these virtual coins are starting to bounce back, and experts believe that Ripple’s XRP could potentially be the next Bitcoin. When the average person thinks of cryptocurrency, the first name that comes to mind is Bitcoin. As one of the first cryptocurrencies to […]
Want To Be A Buy And Hold Investor? 3 Strategies
Audio Length: 00:19:05 Buy and hold investing is one of the toughest types of investing to do because it calls for you to go against human nature for the instant big payout. After all, why do we play the lottery? We love the idea of becoming a millionaire overnight. Buy and hold investing is slow […]
Canada, Mexico To Be “Exempted Indefinitely” From Tariffs; Peso, Loonie Soar
With just minutes to go until Trump’s 3:30 pm press conference, the big leaks have started hitting the tape, and according to the AP, while the Trump tariffs will take effect in 15 days, more importantly Canada and Mexico will be “exempted indefinitely.” TRUMP METAL TARIFFS ARE SAID TO TAKE EFFECT IN 15 DAYS: AP […]
Given The Bitcoin Price, Are Cryptocurrencies The New Safe-Haven Investment?
Beware of Bitcoin as a Safe-Haven Investment The stock markets are heading for a major shock. Safe-haven investments like gold and silver are going to become popular again. But there’s an all-too-modern obstacle in their way that could attract some of the funds flowing away from Wall Street: cryptocurrencies—Bitcoin in particular. How else can we […]
How Could The Rise In Electric Vehicles Change Consumer Habits?
The automotive market is currently undergoing and adapting to some of the biggest changes it will have ever experienced, as more and more electric vehicles (EVs) are introduced. With the UK government’s plan to ban the sale of all new petrol and diesel carts from 2040 onwards, manufacturers are increasing their output of EVs to […]
