Category Archive: Finance, No picture
ISM Services In Contraction For The First Time Since December 2022
Image Source: PexelsEconomic activity in the services sector contracted in April for the first time since December 2022, ending a period of 15 consecutive months of growth. ISM chart and excerpts below by permission from the Institute for Supply Management® ISM®The April ISM Services Report on Business show Services and Manufacturing are both in contraction. Economic activity in […]
Crypto startups see rapid growth through ‘fluid valuations’ and decentralized cap tables — Bloomberg
Cryptocurrency startups are increasingly adopting an aggressive form of fundraising known as open-ended or rolling funding rounds.This approach allows startups to continuously raise capital and rapidly boost their valuations, in contrast to the traditional venture capital model of discrete funding rounds spaced over several years.According to a report from Bloomberg, the rise of open-ended funding […]
Stagflation – Myth Or Reality?
Last week, we discussed whether the recent rally from the lows was just a sucker rally ahead of a more significant decline. Our assessment was that was likely not the case. To wit:“On Friday, following blowout earnings from Google and Microsoft, the market challenged the intersection of the 20- and 50-DMA. With the market not […]
Technical Market Report For – Saturday, May 4
The good news is: Breadth improved along with prices again last week. The NegativesThe first chart covers the last 6 months showing the NASDAQ composite (OTC) in blue and a 10% trend (19 day EMA) of NASDAQ new highs (OTC NH) in green. Dashed vertical lines have been drawn on the 1st trading day of […]
Solana Surges Through Pivotal Range; Can It Reach $160 Following A 10% Jump?
The post Solana Surges Through Pivotal Range; Can It Reach $160 Following a 10% Jump? appeared first on Coinpedia Fintech NewsEver since the Solana price managed to rise above $100, the bulls have maintained a huge dominance over the rally. The price failed to sustain itself above $200, which formed a double top, resulting in a drastic plunge in the […]
Current Market Sentiment Indicators: Spotting Market Moves
Introduction: Emotions and the Market“Investing is not about emotions; when your feelings start talking, your money starts walking.” This rings true for many investors, as allowing emotions to dictate decisions often leads to financial losses. The economic crisis 2008 left deep scars, further discouraging individuals from participating in the stock market. High unemployment rates and […]
Mag 7 Leadership Reflects Earnings Power
Image Source: UnsplashWith Q1 results from Apple (AAPL – Free Report) and Amazon (AMZN – Free Report) now out, we only have Nvidia’s (NVDA – Free Report) results still awaited at this stage of the ‘Magnificent 7’ group of companies. The sub-par growth numbers from Tesla (TSLA – Free Report) and Apple notwithstanding, the Mag 7 group as a whole showed impressive top- and […]
Are New Highs Coming In The Stock Market?
After dropping 80 points on Tuesday, the S&P 500 rallied to finish green for the week. Have key “end of the pullback” hurdles been cleared or is the door open to additional downside? In this week’s video, we’ll review the latest charts and data to help us answer the question, are new highs coming in the […]
How To Make The Most Of Today’s Market – Friday, May 3
Image Source: PexelsStocks have lost ground lately, with the S&P 500 index losing roughly 5% of its value from its recent record peak. Driving this shift in sentiment appears to be a reassessment of Fed policy in the wake of unfavorable inflation readings over the last few months.This year’s monthly inflation readings appear to show that […]
Pyth Network, Aavo, Memecoin, and Starknet set for over $2 billion token unlock this month
Several crypto projects are poised for significant token releases in May, with Aavo, Pyth Network, Memecoin, and Starknet at the forefront. Data from Token Unlocks indicates that these projects will experience the largest token unlocks this month.Memecoin (MEME) released 5.31 billion tokens, constituting about 31% of its circulating supply and worth nearly $128 million today.Aavo […]
