FTSE Starts The Week On The Backfoot Ahead Of Central Bank Bonanza
Image Source: Pexels U.K. stocks dipped on Monday, while the pound strengthened in anticipation of the flash PMI data set to be released later in the day. The Bank of England is scheduled to meet on December 19, with analysts expecting interest rates to remain unchanged. The FTSE 100 index fell by 0.3% following a 0.1% […]
XRP Price Holds Steady: What’s Next After Consolidation?
Image by WorldSpectrum from Pixabay XRP price started a downside correction from the $2.50 zone. The price is now consolidating gains and might aim for a move above the $2.4650 resistance zone. XRP price started a fresh increase above the $2.425 zone. The price is now trading above $2.350 and the 100-hourly Simple Moving Average. There is a […]
Crypto Trading Volume At Robinhood Surged In Nov As Exchange Added 420k New Users
Image courtesy of 123rf.com Robinhood Markets, Inc. (Nasdaq: HOOD), based in Menlo Park, California, released its November 2024 data on December 11, highlighting notable growth across multiple metrics. The company reported increased funded customers, assets under custody, and trading volumes, underscoring a period of substantial expansion. With a focus on cryptocurrencies and increased customer engagement, Robinhood positions itself […]
Dow Eyes Worst Losing Streak Since 2018
The Nasdaq Composite (IXIC) is up triple digits midday, hitting fresh record highs as it looks to build off a fourth-straight weekly win. The S&P 500 Index (SPX) is modestly higher, while the Dow Jones Industrial Average (DJI) pulls back from its premarket gains to drop quietly into the red, eyeing its eighth and longest daily losing […]
Unlocking ASX Trading Success: Aristocrat Leisure Limited
ASX: ARISTOCRAT LEISURE LIMITED – ALL Elliott Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) ARISTOCRAT LEISURE LIMITED – ALL. We see that in the short term ASX:ALL is close to completing a Triangle, and we should have another push up after that.ASX: ARISTOCRAT LEISURE LIMITED – […]
Asian Stock: LT Group Incorporated
TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: LT Group IncorporatedBloomberg ticker: LTG PMMarket cap: US$1,890mBackground: LT Group Incorporated is one of the largest conglomerates in the Philippines and was founded in 1937. LTG invests in the banking industry with PNB bank; in tobacco, with […]
How Germany Destroyed Its Economy And How To Fix It
Image Source: Pexels The German economy was once a global industrial powerhouse, showing strong resilience in times of crisis as well as significant productive growth in periods of expansion.Germany displayed robust industrial activity, solid productivity, and enviably low unemployment levels, which added to real high wages. However, in the past five years, the economy has stagnated, and its […]
Sensex Today Ends 384 Points Lower; Nifty Below 24,700
After opening the day lower, the Indian benchmark remained in negative territory as the session progressed and ended the day lower.Benchmark equity indices BSE Sensex and NSE Nifty50 ended in the red, mirroring their Asian peers.At the closing bell, the BSE Sensex closed lower by 384 points (down 0.5%).Meanwhile, the NSE Nifty closed lower by 100 points (down […]
S&P 500 Weekly Action Areas & Price Objectives – Monday, Dec. 16
Image Source: Pixabay In this update, we review the recent price action in the emini SP500 futures contract and identify high probability action areas and price objectives for the trading week ahead.Video Length: 00:11:04More By This Author:Daily Market Outlook – Monday, Dec. 16FTSE Flat As GDP Miss Spooks InvestorsDaily Market Outlook – Friday, Dec. 13
Gold Not Shining So Brightly Any More
Image Source: Pixabay The price of gold was higher in the first half of Monday’s session, following a two-day sell-off at the end of last week. Unlike Bitcoin, which has just hit a new all-time high above $106K, the precious metal has been stuck inside a range lately. The metal’s recent struggles underscore growing expectations of […]
