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Archives by Year:
Three Promising SPX Stocks That Are Not AI, Big Tech, Or Crypto
Image Source: DepositPhotosThese stocks are worth looking into with so much attention siphoned into AI and semiconductor equities.As of March 2023, Nasdaq had a combined equity offering of 3,611 stocks. Yet, in this ocean of market capitalization, 70% of the gains came from just seven companies by the end of the year. When investor attention is this […]
Gold Reaches Unprecedented High Amid Economic Uncertainties
Image Source: Pixabay Gold trading reached a significant milestone on Thursday, with prices hitting an all-time high of $2150.00 per Troy ounce. This remarkable surge was propelled by a confluence of factors. These include the decline in US government bond yields, the weakening US dollar, and speculation about a potential interest rate cut by the US […]
Solana’s Price Rises Above $140.00, What About Cardano?
Solana chart analysisToday, we see Solana’s price again above the $140.00 level, and we are very close to testing the previous high at the $143.00 level. We need another impulse to make it happen. The price is on a good run and could do so by the end of the day. Potential higher targets are […]
Rates Spark: Still A Near-Term Holding Pattern
Market rates still test lower with curves flattening. It’s not a conviction move yet ahead of Friday’s key US jobs data, rather a reaction to an aggregate of global headlines also surrounding US regional banks. Powell reiterated the Fed needs more evidence to justify cuts. The ECB may pave the way for a cut in June, but […]
Gold Commentary – Thursday, March 7
Gold Breaking OutGold prices have traded up to fresh record highs this week as the US Dollar continues to trail off ahead of tomorrow’s keenly awaited NFP data. Yesterday, comments from Fed chair Powell did little to inspire USD buying with Powell simply reaffirming the message that rate cuts are still very much on the […]
