Crypto feature: Bitcoin’s Potential Bottom?
Bitcoin’s Potential Bottom Bitcoin fell over 3% on Sunday as some traders and analysts believe the top cryptocurrency may have reached a key price level. Details: According to Cointelegraph on Sunday, a recent Bitcoin metric suggests a “local bottom” for traders when the price is below $60,000. This means that Bitcoin’s price action has shown signs of a […]
US stock quick picks – Apple Survives Warren Buffett Scare-Aug 12
Apple Survives Warren Buffett Scare A week after it was reported that Warren Buffett sold about half of his Apple (Nasdaq: AAPL) shares, the stock jumped by 8%. Final Thoughts: The stock is up about 16% this year. Trends to Watch Dispirited: US consumers could become discouraged without rate cuts, Bank of America CEO says (Reuters) The Return: Bonds Are […]
Volatility shock fades, India CPI on deck – 12 Aug
A week is not just a long time in politics. Seven days ago a huge unwind in the yen carry trade and selloff in megacap U.S. tech triggered a wave of volatility that sent global markets reeling and investors running for the safety of U.S. Treasuries. As the new trading week gets underway in Asia on Monday, that seems a […]
Equities Week ahead – Aug 11
US Equities Week ahead Earnings Earnings spotlight: Monday, August 12 – Barrick Gold (GOLD), monday.com Ltd. (MNDY), and Rumble (RUM). See the full earnings calendar. Earnings spotlight: Tuesday, August 13 – Home Depot (HD), Tencent Music (TME), and On Holding (ONON). See the full earnings calendar. Earnings spotlight: Wednesday, August 14 – UBS Group (UBS), Cardinal Health (CAH), Brinker International (EAT), […]
Fed rate-cut fervor is gripping Wall Street again. Aug 9
Stock Market News Eli Lilly blows past estimates, hikes guidance as Zepbound, Mounjaro sales soar – CNBC Palantir to deploy AI products on Microsoft Azure for U.S. government agencies – Reuters Bumble dives as revenue forecast cut triggers worries over turnaround – Reuters Monster Beverage misses quarterly sales estimates as economic fears slow demand – Reuters Weekly jobless […]
How to build a crypto portfolio? 💸
Build a crypto portfolio💸 Invest in Quality Coins First and foremost, to secure long-term profits in the crypto market, it’s crucial to invest in quality coins with real value behind them. While investing in meme coins or shit coins can yield significant short-term gains, it’s essentially a game of luck. If you do manage to profit […]
China inflation looms, auto market hits milestone- 9 Aug
Index Last Change % Change trading higher Dow Jones Industrial Average .DJI 39,446.49 +683.04 +1.76%Positive trading higher Nasdaq Composite Index .IXIC 16,660.02 +464.22 +2.87%Positive trading higher S&P 500 Index .SPX 5,319.31 +119.81 +2.30%Positive Source: LSEG, opens new tab – data delayed by at least 15 minutes Today’s Market News Muhammad Yunus: How will Bangladesh’s […]
Shopify shares soar 22% after earnings top expectations, upbeat forecast – Aug 8
Trends to Watch That’s All Folks: Warner Bros. Discovery sinks after taking massive $9.1 billion impairment charge on its cable business (Yahoo! Finance) Bad Match: Bumble shares fall 30% after its annual revenue forecast cut sparks growth fears (Reuters) Tumbled: Crypto Turns Broadly Lower in U.S. Afternoon Trade as Stocks Give Away Gains (CoinDesk) Meme Coin: Dogwifhat leads the market with […]
Gold eases as dollar, yields firm; Fed rate cut hopes lend support 7 Aug
Investors in Asia will be hoping that the recovery in global sentiment and risk assets on Tuesday extends into Wednesday, although the rebound in U.S. bond yields and the dollar may cool some of that optimism. Nothing epitomized ‘Turnaround Tuesday’ more than the whoosh in Japanese stocks – a day after tumbling 12% in their second biggest fall on record, stocks rallied […]
Berkshire Trades Apple & BOA for T-Bills as Buffett’s Conviction Wanes
Trends to Watch Black Monday: Bitcoin Bounces to $53K After Brutal Sell-Off Reminiscent of Covid Crash (CoinDesk) Welcome Back to the 80s: Is This 1987 All Over Again? What’s Driving the Market Meltdown? (Wall Street Journal) Thanks, BOJ: How the Bank of Japan wrecked the yen carry trade — and crypto markets (Cointelegraph) Defense: Traders Rush to Hedge Against Extreme Market […]
