Round up of today’s market news
North American News Mixed result for the major indices today Nasdaq the laggard. The Dow moves further away from it’s 200 day MA The major US indices are closing with…
Bitcoin is lowering but not yet falling
Bitcoin’s decline is more appropriately seen as a corrective pullback within an uptrend. Market picture Bitcoin is losing 3.7% in the past 24 hours, falling to $23.9K%. Ethereum is down…
Round up of today’s market news
North American News Major stock indices close higher on the day. Dow closes above 200 day MA Materials and energy The major stock indices are closing higher on the day…
Want to know what the hedge fund whales hold? 13F filings are due today
Filings show what investors held on June 30 Today we’ll get a look at the latest filings from US hedge funds. They’re required to report positions 90 days after quarter…
Round up of today’s market news
North American News Major US indices close higher for the 4th consecutive week NASDAQ index rises over 2% today The major US indices are closing higher for the 4th consecutive…
FOMO into Cryptocurrencies is Not Coming Back Anytime Soon
Investors and traders should prepare themselves that the market will stick to an oscillating pattern in the coming months. Market picture Bitcoin rose close to $25K on Thursday but failed…
Round up of today’s market news
North American News US stocks end the session mixed but well off highs for the day Healthcare, consumer discretionary, and real estate lag. Energy, financials and industrials rise The major…
Round up of today’s market news
North American News US stocks close sharply higher and near session highs All 11 sectors of the S&P move higher The major US indices all closed sharply higher and near…
CPI was enough for now to stave off 75 bps in September – CIBC
What’s next after CPI There were some big market moves after today’s CPI report but they would have been even bigger if a Fed decision was closer. As it stands,…
Round up of today’s market news
North American News US equities struggle ahead of CPI as meme stocks fade Closing changes for the main US indices S&P 500 -0.4% Nasdaq -1.2% Russell 2000 -1.7% DJIA -0.2%…
There is a profound disconnect in battery metals
GM says it’s open to funding EV battery minerals mining ventures Three headlines hit today: GM says it’s open to funding EV battery minerals mining ventures Ford raised the price…
4 Things You Can Do to Practice Smart Investing
Losses are a normal part of investing, whether you’re doing it short-term or long-term. While no investor can be considered the perfect investor, many have proven themselves to be the…
Round up of today’s market news
North American News Mixed results for the major US indices Modest changes across the board in up and down trading The major US indices are ending the day with mixed…
Round up of today’s market news
North American News US stocks close mixed with the Dow higher. The S&P and NASDAQ marginally lower Markets shrug off the stronger than expected jobs report and sharply higher rates…
Understanding the Process and Purpose of Bitcoin Halving
Currently, over 19 million out of the 21 million Bitcoins have been mined, meaning only around 2 million coins remain unmined. Bitcoin’s code dictates that the new coins released in…
Bitcoin fails to keep up with stocks
We are still left to guess where the most consistent trend and market noise show. Bitcoin has added 0.8% to $23100 in the past 24 hours, a worryingly weak result.…
Round up of today’s market news
North American News Stocks close the day with mixed results (just like it opened) Dow higher. S&P near unchanged. NASDAQ higher The major US stock indices are ending the day…
Einhorn’s Twitter bet is a good demonstration of how hedge fund managers think
Why David Einhorn bought Twitter David Einhorn’s Greenlight Capital has taken a position in Twitter, betting that Elon Musk will decide or be forced to buy the company. Much has…
The Crypto market won’t rush to growth
We conclude from previous crypto market cycles that even if the bottom is passed, there could be a prolonged lull. Bitcoin continues its soft landing towards the lower end of…
Round up of today’s market news
North American News US stocks roar higher: S&P 500 rises to the highest since June Big gains for US equity markets Fear has turned into FOMO. Bear market rallies can…