Solana Price Suddenly Plunges After Hitting Yearly High: Here’s Why
Image Source: Freepik Solana price dropped from $224 to $208.86 after breaking key resistance levels. Technical indicators suggest a bullish trend, with potential targets up to $276.55. On-chain data shows strong investor interest, with record open interest and DEX volume. The Solana price has experienced a dramatic surge in recent weeks, reaching a new yearly […]
How Ugly Will Trump’s Mass Deportation Get?
Trump has a mandate on the border and to deport criminals. What else? Then what?Trump’s Mass Deportation PromiseLet’s discuss the WSJ article Trump’s Mass Deportation Promise. My comments are in square brackets. Emphasis also mine. Donald Trump won a second term in the White House by pledging to secure the U.S.-Mexico border, and that includes sending […]
Bitcoin Hits $90,000! How High Can It Go?
Bitcoin touches $90,000, up over 100% so far in 2024. Some investors expect $100,000 by year-end Ongoing bull run fuelled by hopes for incoming US President Trump’s crypto-friendly policies Bitcoin’s surge also sent other cryptos and crypto-linked US stocks climbing in tandem Today (Tuesday, Nov. 12), Bitcoin briefly breached $90,000 for the first time in its history.The world’s oldest cryptocurrency […]
Crude Oil Finds Cushion Even As Traders Expect More Downside Under Trump
Crude Oil finds a small floor, trading mildly in the green on Tuesday, after two sessions of sharp losses. Several analysts are projecting a $40 price per barrel under Trump’s presidency. The US Dollar Index rallies further with the Trump trade sweeping markets. Crude Oil trades broadly in the green on Tuesday after briefly ticking […]
Hemoglobin A1c (POC)
Summary ExlService Holdings (EXLS) is a data analytics company with strong technical buy signals, a Trend Seeker buy signal, and consistent price appreciation. The stock has gained 12.61% since 10/30, with a 74.61% increase over the last year and 13 new highs in the past month. EXLS boasts a market cap of $7.63 billion, with […]
GBP/USD Analysis: Selling Pressure May Target Stronger Support Levels
At the beginning of this week, the GBP/USD exchange rate is facing pressure, and we will be monitoring the key support levels that will be tested in the coming days. Its losses extended to the 1.2835 support level, the lowest for the currency pair in three months. According to Forex market trading, the US dollar’s […]
The Walt Disney Co. Stocks Elliott Wave Technical Analysis
DIS Elliott Wave Analysis Trading Lounge Daily Chart,The Walt Disney Co., (DIS) Daily ChartDIS Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave {iii} of 1.DIRECTION: Upside in wave 1.DETAILS: The longer term counts presents some challenges as it is yet unclear whether or not the longer correction is completed or not. If we are to start […]
S&P 500 Nears Overbought, Fed Heads & Inflation On Deck
Equity futures point to a down market open later this morning, but we’ll want to revisit futures as quarterly results from Home Depot (HD), Mosaic (MOS), Tyson Foods (TSN), and a few dozen other companies are reported. Because of the strong moves in both the S&P 500 and the Nasdaq Composite since the 2024 presidential election outcome, […]
Brent Crude Stumbles As Market Sentiments Turn Cautious
Brent crude oil prices have continued to slip, touching 71.74 USD a barrel on Tuesday. This marks a downturn influenced by China’s underwhelming stimulus measures. The market’s lack of confidence in China’s rejuvenation efforts, coupled with persistently weak inflation and subdued energy demand within the country, has led to this downturn.Compounding the downward pressure on […]
Two Trades To Watch: GBP/USD, DAX Forecast – Tuesday, Nov. 12
Photo by Colin Watts on Unsplash GBP/USD falls as unemployment rises Unemployment rose to 4.3% from 4% Wage growth eased to 4.8% GBP/USD tests 200 SMA GBP/USD has fallen to a 3-month low amid a stronger U.S. dollar and as UK unemployment rises. Unemployment in the three months to September rose by more than expected to 4.3%, up from […]
