Category Archive: Finance, No picture
Gold’s Pullback And Miners
Image Source: UnsplashAfter blasting higher in a remarkable breakout surge, gold is pulling back. Such mid-upleg selloffs are normal and healthy, rebalancing sentiment to maximize uplegs’ longevity. Gold’s pullback is naturally weighing on gold stocks, fueling some bearishness. But since they didn’t soar to extremely-overbought levels like gold, their downside leverage should prove modest. The gold miners […]
Tackling Options Trading Tactics, The Outlook For Tech, & 2024 Market Trends
Image Source: UnsplashIn this video, we discuss options trading tactics and stock market trends. We first cover the loss of momentum in sectors like technology and financials over the last few weeks. We note how high expectations were heading into Q1 earnings, and how company executives like JPMorgan Chase & Co. (JPM) CEO Jamie Dimon have shared more muted outlooks on […]
Solana to join Bitcoin and Ethereum as top crypto assets, $1.6 trillion asset manager predicts
Franklin Templeton, a global investment firm managing 1.6 trillion dollars, has released a report titled “Solana: Accelerated Adoption,” which predicts that Solana is positioned to become the third major crypto asset after Bitcoin and Ethereum. The report states, “Our view is that Solana’s growth is likely to continue because it is well positioned to capture […]
Softs Report – Friday, May 3
Image Source: Unsplash Cotton – General Comments Cotton was lower again yesterday, and trends remain down in the market. Demand remains a problem. The export sales report showed poor sales once again, and demand is not likely to improve with the US dollar stronger. The USDA made no changes to the domestic supply or demand sides of […]
Investor loses $71 million in WBTC, tricked by poisoned address
A crypto investor sent over 1,155 Wrapped Bitcoin (WBTC) to an exploiter address this Friday, according to reports on X from blockchain security firms CertiK and Cyvers. The amount is equivalent to over $71 million in Bitcoin’s price at the time of writing, and the mistake was purposely caused by a “poisoned address attack.”Address poisoning […]
3 Low-Volatility Dividend Stocks
Image Source: UnsplashThe S&P 500 is coming off a strong year, with a 23% return seen in 2023. If the market takes a downturn in the back half of 2024, investors can attempt to lower their portfolio volatility by reviewing a stock’s beta value (a common measure of stock volatility) when purchasing a stock.Generally, the higher […]
Crypto landscape signals turbulence and dissatisfaction: IntoTheBlock
The current crypto landscape signals turbulence and dissatisfaction from investors, according to IntoTheBlock’s “On-chain Insights” newsletter. The price drop registered by Bitcoin (BTC), the subdued impact of new Hong Kong ETFs, and the EIGEN token launch initial fiasco are the main reasons.The crypto rally this year hit a rough patch as Bitcoin’s value seesawed between […]
S&P 500 Gaps 1%+ Higher
Image Source: PexelsThe S&P 500 ETF (SPY) gapped up 1% at the open this morning, so we wanted to provide a quick summary of how the ETF has typically traded on days when it gaps up 1%+.As shown in the table below, 1%+ gaps higher on a Friday have been the second most frequent of any weekday, […]
EUR/JPY Extends Losses To Near 164.50 Amid Japan’s Intervention Fear
EUR/JPY extends its losses for the third consecutive session, trading around 164.60 during the European session on Friday. The Japanese Yen (JPY) strengthened on Friday following a rally on Thursday attributed to potential Japanese government intervention, marking the second such incident this week, according to a Reuters report. It is worth noting that Japanese banks […]
ZKasino founder arrested in Netherlands and over $11 million seized
Netherlands’ Fiscal Information and Investigation Service (FIOD) apprehended one of ZKasino’s founders on April 29. The 26-year-old man was detained on charges of fraud, embezzlement, and money laundering. The criminal probe was initiated on April 25th, spurred by reports on platform X and intelligence from FIOD’s departments.During the raid, authorities seized assets worth over 11.4 […]
