Image Source: UnsplashIn this comprehensive video, I take a look at the big picture for the S&P 500. I also discuss a possible range it could trade within for the near-term.00:27:12More By This Author:Nasdaq 100 & S&P 500 Elliott Wave Update – Thur, April 25Nasdaq 100 & S&P 500 Elliott Wave Update – Tue, April 23S&P 500 & Nasdaq 100 Elliott Wave Update: Monday, April 22...
Image Source: www.gotcredit.com via FlickrShares of the data management company Rubrik outperformed in their market debut. The Microsoft-backed (MSFT) company opened at $38.60, which was above the expected price range of $28-$31. One of Rubrik’s main products is the Rubrik Security Cloud, which helps analyze and protect data across the cloud, enterprise, and SaaS. Latest IPOs and Direct Listings Rubrik (RBRK) opened on April 25 at $38.60. The company had priced its upsized initial public offering of 23.5 million shares at a public offering price of $32.00 per share. Rubrik says it helps organizations “achieve business re...
Image Source: Unsplash This Week’s Summary The cryptocurrency market looks set to end the week at a total market capitalization of $2.37 trillion. Bitcoin moved down by about 2% to trade at around $63,500. Ethereum increased by almost 5% to trade at around $3,300. BNB rose by 6%, TRON by 9%, and NEAR by 19%. Almost all altcoins have been seen trading in the red, with very few exceptions. The DeFi sector increased the total value of protocols (TVL) to around $94 billion. Crypto Trends for the Week of April 22-28, 2024: Market Analysis and Performance The cryptocurrency market experienced extreme volatility this week in what was already ...
Image Source: PixabayThe market has continued to be choppy and confusing, but with the PMO index at the bottom of its range, we need to be watching for signs of the next short-term uptrend. The momentum indicator in the bottom panel will help signal the next uptrend.The SPX equal-weight ETF provides some perspective about the pullback in prices experienced over the last few weeks. From the looks of this chart, the decline in prices really hasn’t been that bad, and it seems to be a healthy short-term retreat that pulled prices down to support.Here is the same ETF but with the traditional moving averages. Despite the harmless look in th...
Image Source: UnsplashIf you are a Dividend Investor looking to maximize your returns, you need to have a keen understanding of the numerous investment account options available. Dividend investing, which generally focuses on generating a steady stream of income, requires a strategic approach to account selection, one that harmonizes with the investor’s long-term financial objectives, tax implications, and broader investment strategy. Today, we will demystify the numerous options in investment accounts, offering an introductory guide tailored to empower individuals looking to optimize their dividend investment approach. Individual Broke...
You’re probably even sicker than I of hearing about Dow Utilities (DJU), UTIL but I can’t help myself. Although, disgusting by seven straight green bars in a row, I pathetically gave up on my bearish position, I’ve got confess, between XLU and NEE, these could all still get nuked in the months ahead. Just sayin’.More By This Author:The Halves And Halve Nots Mind The Gap The Quintet Bet...
I just debanked my bank … before they debanked meThere’s a huge furor in Britain about debanking: the process where a bank says we cannot trust you anymore so get lost. It happened to Nigel Farage, a high profile figure, and now it’s happened to me. What happened? My bank basically decided that my regular withdrawals from a crypto exchange looked like money laundering… Pixabay What happened at the Innovate Finance Global Summit?I was at the Innovate Finance Global Summit last week and it was fantastic, as can be seen by the pic above of the CEO and Chair having a whale of a time on stage. The job I had to do was interview Jo Dewar ...
As earnings season kicks into full gear, let’s take a look at recent reports from 3 software giants under our followed stocks umbrella: Microsoft, Alphabet (Google), and Atlassian.Green Dot Stocks Microsoft (MSFT)Watch List stock Microsoft reported another strong quarter in its Q3, with sales up 17% overall, and operating income jumping 23%. One big contributor was a full quarter from the recent acquisition of games giant Activision, which increased Xbox division’s revenues by 62% year-over-year. But results were pretty strong across the board. Intelligent Cloud (the Azure division) delivered 21% growth, and even mature segments like Wi...
Today you will see SP500 price prediction based on the technical analysis. What is the support and resistance on the daily time frame for SP500. What to expect where the price will breakout for the SP500 based on the supply and demand zones.Video Length: 00:03:21 More By This Author:AUDUSD Analysis & AUDUSD Price Prediction Forecast – Saturday, April 27 Crude Oil Trading Strategy Today US Dollar Index: USDX Dollar Forecast...
This article concludes the analysis of the correlation patterns between quarterly Federal Deficit Spending (FDS) and Consumer Inflation (CPI). Pexels The last of the three types of inflation patterns (time periods with no significant inflation trends) is the subject of analysis here. The other two types of patterns (inflation surges1 and disinflation/deflation surges2) were analyzed previously. The conclusion discusses the correlation patterns for all time periods, looks for any common threads, and identifies important differences across time periods and types of correlation patterns. From photo by Live Richer on Unsplash. Introduc...