Cardano’s Trading Volume Surpasses $550M: Can Price Hit $1?
May 05, 2024
Jeremy Parkinson
Finance, No picture
Summary Cardano’s (ADA-X) trading volume surpasses $500 million following reports that the asset’s bearish phase could end soon. According to data, its Chaikin Money Flow (CMF) has surged to 0.6, hinting at a massive increase in investors’ interest. Cardano’s (ADA-X) on-chain activities experience a significant resurgence with its 24-hour trading volume surpassing $550 million. Interestingly, […]
Turning Retirement Accounts For The Middle Class Into A $5 Billion Tax-Free Piggy Bank
May 05, 2024
Jeremy Parkinson
Finance
Image Source: DepositPhotos Each year in retirement, we take a certain amount of funds from our IRAs and it becomes income. This is a bit different than when we were paying regular income taxes on our yearly income minus investments. I was curious about this as the big story today is rich people slugging away thousands […]
Economic Modern Family-Tell Us A Story
May 05, 2024
Jeremy Parkinson
Finance
This is the 5th weekend in a row I have covered Economic Modern Family as my weekend update.From 5 weeks ago when Granny Retail and Granddad Russell sold off hard after failing to take out the weekly channel highs-To 3 weeks prior when both held key weekly moving averages-To 2 weeks ago, when Sister Semiconductors took the […]
Who’s Funding University Unrest?
May 05, 2024
Jeremy Parkinson
Finance
Via OpenTheBooks substack, Four Middle East Countries Gave $10.3 Billion To U.S. Colleges & Universities! The civil unrest playing out at America’s elite universities continues to headline the news.And OpenTheBooks is here to follow the money.Previously, our reporting broke down the massive taxpayer subsidy of America’s elite universities.This week, we continued to highlight it in […]
Rolling Over Options: The Ultimate Guide To Mastery
May 05, 2024
Jeremy Parkinson
Finance
Introduction: A Trader’s Guide to Strategic AdaptabilityThe dynamic world of options trading demands traders possess a versatile mindset, akin to that of a chess grandmaster, always thinking several moves ahead. Among the myriad of strategies available, rolling over options is a pivotal manoeuvre, enabling traders to navigate unexpected twists and turns in their quest for […]
Gold Emerges Strong Buy Despite Short Term Challenges
May 05, 2024
Jeremy Parkinson
Finance
Image Source: Pixabay Gold has always been a symbol of security and stability. Despite its recent performance, showing a negative trend over the past weeks, the fundamentals and technicals suggest a compelling long-term buy. This article delves into the recent news impacting the gold market, a detailed technical outlook, and concludes with a broader perspective […]
Weekly Market Outlook – Still Not The Kind Of Recovery Effort The Bulls Want To See
Economic Data Analysis
Stock Market Index Analysis
May 05, 2024
Jeremy Parkinson
Finance
A tough week turned real bullish real fast on Friday thanks to a poor jobs report for April. Payroll growth came up short of expectations, pushing the unemployment rate up, and leading traders to believe the Fed may be cutting interest rates sooner than expected after all. Image via Big TrendsThat’s (perceived as being) bullish for stocks. […]
Dow Jones Analysis For Today And The Week Ahead Forecast
May 05, 2024
Jeremy Parkinson
Finance, No picture
Here is my US30 price prediction based on the technical analysis. What is the support and resistance on the daily time frame for US30? What to expect where the price will breakout for the US30 based on the supply and demand zones? Video Length: 00:03:49Check the video and find out how do I see […]
Is College Still Worth It?
May 05, 2024
Jeremy Parkinson
Finance
As I hope you would suppose, I was a good kid. I was confirmed into the church. I went to Sunday School every week and Bible School every summer. I was in Indian Guides. Cub Scouts. Webelos. Boy Scout. I was an Eagle Scout at 13 and consistently made good grades in school. All of […]
Bitcoin ETFs See Buying Resurgence; ‘Mr.100’ BTFD As Grayscale Sees First Inflow Since Jan
May 05, 2024
Jeremy Parkinson
Finance
For the first time since spot bitcoin ETFs were launched, Grayscale’s Bitcoin Trust ETF (GBTC) saw a daily net inflow on Friday (of $63 million)… Source: Bloomberg GBTC has dominated the outflows since inception (adding up to around $17.5 billion) since the 11 spot ETFs were launched on Jan 11. The inflow coincided with a […]