XRP Price Dips Before Surging: Bulls Take Charge In A Dramatic Rebound
Jan 28, 2025Jeremy Parkinson0
Image by WorldSpectrum from Pixabay XRP price declined sharply and tested the $2.650 support zone. The price is now correcting gains and showing positive signs above $3.00. XRP price started a fresh decline below the $3.00 zone. The price is now trading below $3.120 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish […]
Macro Briefing – Tuesday, Jan. 28
Jan 28, 2025Jeremy Parkinson0
US economic activity strengthened in December, according to the Chicago Fed National Activity Index. This benchmark rose to the strongest reading last month since May, reflecting a firmer pace of growth at 2024’s close. Concerns about the competitive threat posed by Chinese artificial intelligence lab DeepSeek sparked a selloff in US stocks on Monday, taking an especially heavy toll on […]
DeepSeek Goes From A Gentle Breeze To A Hurricane
Jan 28, 2025Jeremy Parkinson0
Within a few days, news of China’s Deepseek has gone from a gentle breeze to a hurricane. Alongside many impressed voices, we have also heard critical voices about Deepseek’s capabilities. But as always, when the market discovers a needle, it shoots first and thinks later. We leave it to the specialists to judge Deepseek. What […]
FTSE Flatlining As DeepSeek Turmoil Digested
Jan 28, 2025Jeremy Parkinson0
Image Source: Pexels U.K. shares are hovering around the flatline Tuesday as investors digest the latest corporate earnings reports and look forward to monetary policy updates from the Federal Reserve and the European Central Bank for further direction. The utilities sector notably boosted the benchmark index by surging 2.2%. While the pound declined after a three-session […]
Introducing The S&P Commodity Risk Premia Diversifier TCA Index
Jan 28, 2025Jeremy Parkinson0
The author would like to thank Arlene Habib for her contributions to this blog.Diversification is a foundational principle within asset allocation, as it seeks to reduce risk and mitigate drawdowns by combining exposure across different asset classes—like equities, fixed income and commodities—that generally do not move in tandem. Commodities, like energy and precious metals, tend […]
AI Unicorns: BigID Uses Machine Learning To Simplify Data Privacy
Jan 28, 2025Jeremy Parkinson0
Photo Credit: Kris from Pixabay According to a recent report, the global data privacy software market size is estimated to grow at 36% CAGR to reach $17.2 billion market by 2032 from $3.84 billion in 2024. The significant growth in the industry is expected to be driven by the continuing adoption of IoT devices along with the added power of […]
UNISWAP (UNIUSDT) Technical Analysis Shows Lower Prices
Jan 28, 2025Jeremy Parkinson0
Weekly Chart Observations – Weekly Bull trend showed signs of strengthening as it triggered a higher swing high of $19.47 in early-December. Subsequently, a trend high of $19.47 was reached on December 8, which led to the current bearish correction. Once the first bottom at $11.22 was established UNIUSDT formed a triangle consolidation pattern on support of top rising channel line (resistance […]
Curve DAO (CRV) Is Unfolding A Bullish Impulse
Jan 28, 2025Jeremy Parkinson0
Curve DAO with ticker CRVUSD is still pointing higher for wave (5) of an impulse into higher degree wave A/1, but ideally once current W-X-Y correction in wave (4) fully unfolds. It can be actually in final stages of subwave »c« of Y. So, keep an eye on strong 0.67 – 0.54 support zone, from […]
A Discerning Sell-Off
Jan 28, 2025Jeremy Parkinson0
In listening to discussions over the market’s reaction to the DeepSeek sell-off yesterday, the term “shoot first, ask questions later” came up repeatedly. However, in looking at the performance of various indices and individual stocks yesterday, the market’s behavior looked more discerning than indiscriminate. At the individual stock level, most stocks in the S&P 500 […]
Wall Street Eyes Rebound; Fed Meeting In Focus
Jan 28, 2025Jeremy Parkinson0
Wall Street is looking to rebound after yesterday’s tech-induced selloff carried into pre-market trading. The Dow Jones Industrial Average (DJI) and Nasdaq Composite (IXIC) are both up triple digits, while the S&P 500 Index (SPX) is sporting solid midday gains.Investors are currently eyeing the Federal Reserve’s two-day policy meeting, with the CME FedWatch tool pointing to high odds […]