MicroStrategy – AI And Bitcoin Rolled Into One
Authors Note: It’s hard to ignore that MSTR just bought another $2 Billion of Bitcoin.Summary MicroStrategy has shown exceptional price appreciation, gaining 95.15% since the Trend Seeker buy signal on 9/24, driven by strong technical indicators. The company offers AI-powered enterprise analytics software and services, including MicroStrategy ONE and MicroStrategy Cloud for Government, and is heavily […]
FTSE Snaps Four Day Losing Streak, Jobs Data Eyed
Image Source: Pexels U.K. stocks opened the week on a positive note following declines in the previous four trading sessions. The benchmark FTSE 100 index rose 39 points, or 0.49%, after falling 0.8% on Friday. Since Republican Donald Trump was elected president of the United States last week, UK equities have been erratic, causing some to […]
Border Security Takes Center Stage In Economic And Market Trends
Maslow’s hierarchy of needs was a groundbreaking concept when it first appeared in 1943. American psychologist Abraham Maslow argued that certain basic needs—food, water, shelter, etc.—must be met before a person can move on to higher levels of self-worth and fulfillment.Safety is another important, fundamental human need, one that I believe played a major role […]
Dow, S&P 500 On Track For Milestone Closes
Wall Street is extending its post-election rally into a new week. The Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) are on track for their first closes above 44,000 and 6,000, respectively, after scoring new record highs earlier in the session. The Nasdaq Composite (IXIC) is below breakeven midday, however, as traders look […]
Unlocking ASX Trading Success: Transurban Group – Monday, Nov. 11
ASX: TRANSURBAN GROUP – TCL Elliott Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with TRANSURBAN GROUP – TCL. We see TCL.ASX about to enter a bull market with wave (iii)-orange.ASX: TRANSURBAN GROUP – TCL 1D Chart (Semilog Scale) AnalysisFunction: Major trend (Minor degree, grey)Mode: MotiveStructure: ImpulsePosition: Wave (ii)-orange […]
Will Reflation End The US Bond Market’s Recovery?
In mid-September, the bond market looked set to coast to a second year of recovery after a bruising run of back-to-back losses in 2021 and 2023. Since then, the market has lost altitude. Although a modest year-to-date gain is holding for the moment, the headwinds may be strengthening for fixed-income securities as the market grapples […]
Sensex Today Ends 9 Points Higher; Nifty Below 24,150
After opening the day lower, Indian benchmark indices remained volatile as the session progressed and ended the day flat.The benchmark equity indices, BSE Sensex and NSE Nifty50, ended Monday’s choppy session on a flat note.At the closing bell, the BSE Sensex stood higher by 9 points.Meanwhile, the NSE Nifty closed lower by 6 points.Infosys, Trent, and Tech Mahindra are […]
Bitcoin Price Soars To $82,216 As Trump Presidency Boosts Crypto Market
Ether and Cardano prices surged, supported by Trump’s favorable policy signals. Ethereum rises 1.8% while Dogecoin and Shiba Inu record double-digit gains. Analysts predict Bitcoin could reach $100,000 by the end of the year. Bitcoin hit a new all-time high of $82,216 on Monday as cryptocurrency markets surged following Donald Trump’s election win.According to Coin […]
EUR/CAD Price Forecast: Breaks Out Of Rectangular Price Pattern And Declines
EUR/CAD has broken below the base of a multi-month price pattern. It is likely to go lower if the break is decisive and it can pierce below the 200-day SMA. EUR/CAD has broken out of the rectangular price pattern it has been forming since August.EUR/CAD Daily Chart A bearish close on Monday (today) would confirm […]
Gold Demand In Tech And Industry Up In Q3
Image Source: Pixabay Gold is fundamentally money, but there is demand for the yellow metal in industry and technology. Industrial and tech demand accounted for 83 tons of gold in the third quarter, a 7 percent year-on-year increase. It was a 2-ton increase quarter to quarter.So far, in 2024, about 245 tons of gold have been consumed […]
