Category Archive: Finance, No picture
Tuesday Talk: Still Flying
The stock market is still on the upswing. For all the anti-Fed pundits, the market seems to be going with Chairman Powell for now.UnsplashOn Monday the S&P 500 closed at 5,180, up 53 points, the Dow closed at 38,852, up 177 points, and the Nasdaq Composite closed at 16,349, up 193 points.Chart: The New York TimesMost […]
Bitcoin ETF snapshot: Grayscale Bitcoin Trust records new gains, Fidelity leads daily Bitcoin ETF inflows
In Monday’s trading session, Grayscale’s spot Bitcoin exchange-traded fund, Grayscale Bitcoin Trust (GBTC), saw $3.9 million in net inflows, according to data from Farside Investors. Leading the charge, Fidelity’s Wise Origin Bitcoin Fund (FBTC) reported substantial inflows of around $99 million, surpassing BlackRock’s iShares Bitcoin Trust (IBIT), which saw inflows of around $21.5 million.Spot Bitcoin […]
Could A MONSTER Gain Be Coming? Here’s What OUR Data Show
Image Source: UnsplashThe rips and dips keep coming for equities. The Fed presser from Wednesday offered little confidence for investors. We’ll let other research shops recap that narrative. At MAPsignals, we’re going to focus on what we do best: Money Flows.Our market North Star, the Big Money Index (BMI), has been in free-fall for weeks…even dropping further […]
Bitcoin booed at Ohio State University commencement ceremony
During the Ohio State University 2024 Spring Commencement, Christopher Pan, the founder of MyIntent, an online jewelry retailer, gave financial advice to the graduating class, including his thoughts on Bitcoin. However, his remarks were met with boos from the crowd, indicating a degree of disapproval towards BTC.In his speech, Pan turned his attention to Bitcoin […]
Philippines: Inflation Was Lower Than Expected But Stayed Elevated Due To Rice
Image Source: Pexels Inflation slips below consensus April headline inflation rose to 3.8% year-over-year, below the market consensus of 4.1% YoY, but up from the March 3.7% rate. CPI surprisingly fell 0.1% from the previous month. Market participants were expecting a month-on-month CPI increase of 0.2%. Core inflation on the other hand headed lower, settling at 3.2%YoY from 3.4%YoY […]
REA GROUP LTD Stock Analysis & Elliott Wave Technical Forecast Analysis
Image Source: UnsplashASX: REA GROUP LTD – REA Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with REA GROUP LTD – REA. We identified that wave 2-red may have just ended, and wave 3-red could push much higher.ASX: REA GROUP LTD – REA Elliott Wave Technical Analysis ASX: REA […]
Shiba Inu’s layer 3 blockchain set to power up blockchain real-world utility: Cypher Capital Chairman
Despite a shaky 2022 and a challenging 2023, Shiba Inu remains dedicated to its vision of building a comprehensive crypto ecosystem.Following the development of its metaverse and layer 2 chain, Shiba Inu is now ramping up efforts for its new privacy-centric layer 3 blockchain. Last month, the project team announced that it successfully raised $12 […]
This Breakout Pullback Could Earn Huge Profits On Tuesday
Image Source: Pexels Back to work – let’s make some money! Markets have been melting higher ever since last Friday’s Non-Farm Payrolls…Anytime I see a “Big Move” like this, there are (2) two trades I look for the following day – are you ready? E-Mini S&P (ES): Emini is bullish with a big move […]
Markets Up To Start The Week: PLTR, MCHP Meet Earnings
Image Source: UnsplashMarkets start the week in the green. It’s the third-straight up-day for both the S&P 500 and the Nasdaq, fourth straight for the blue-chip Dow. We’re just about back to breakeven over the past month (the Nasdaq has already gotten there), which is notable considering where we were a couple weeks ago. The Dow […]
Elliott Wave Technical Analysis: BTCUSD Crypto Price News
Image Source: PexelsElliott Wave Analysis TradingLounge Daily Chart Bitcoin/ U.S. dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Flat position: Wave ((C)) Direction Next higher Degrees: wave (III) Wave Cancel invalid level: 31046.25 Details: Wave IV may be complete and the Price increase again in Wave V.Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy: Overall, Bitcoin […]
