We’ve already covered the first two inflation narratives (you …
The post Four Inflation Narratives and Their Impact on Your Portfolio (Part II) appeared first on Market Traders Daily.
Broadcom could be the next company to join the trillion dollar club. Wednesday’s earnings release showed another beat-and-raise announcement that has become commonplace. Markets consolidate on Friday after week’s CPI-led fireworks. Michigan Consumer Sentiment drains, sending NASDAQ lower. Broadcom (AVGO) stock exploded 12% on Thursday, quite a feat for a company already valued at…
The price of Ethereum rose to $2652 this morning, a new weekly high Ethereum chart analysis The price of Ethereum rose to $2652 this morning, a new weekly high. After that, bullish momentum was lost, and we were forced to start a pullback. We find support at $2,590, and the price has been successfully…
The Global X Uranium ETF (URA) is an exchange-traded fund (ETF) that seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Global Uranium & Nuclear Components Total Return Index. In this article, we will look at the long term technical outlook using Elliott Wave method. $URA Elliott…
Today, Brent crude is sliding towards the psychological $70 per barrel mark, with the XBR/USD chart showing a break below a key support level (marked in blue) that had been holding since autumn last year. Why Is Brent Crude Falling? The bearish sentiment in the market is driven by OPEC+’s decision to increase oil production,…
Dollar set for first monthly gain since October amid geopolitics, hawkish Fed Source link
Bitcoin ↑ 152% since start of 2024 Over past year Fed triggered moves of ↑ 3.4% & ↓ 3% Gained on average 11.30% in December over past 15 years Technical levels – $110,000, $107,000 & $100,000 Christmas may have come early for investors after Bitcoin surpassed $107,000 for the first time. The “OG” crypto has…