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By Matti Williamson Bitcoin's correlation to the S&P 500 may have ended What triggered the S&P 500 weakness and why Bitcoin is rallying Bitcoin broke its way higher while the US markets,...
Check out these top 5 reasons why prop traders get their account banned by prop trading firms. Make sure you avoid these mistakes so you won't lose your trading account.
Joe Biden threw in the towel and announced that he would quit the presidential race this weekend. He endorsed Vice President Kamara Harris to take his place. Harris said that she will do anything in...
On December 5, 1996, Chairman of the Fed Alan Greenspan offered that stock prices may be too high, thus risking a correction that could result in an economic fallout. He wondered out loud if the...
If you don’t think the Fed has become an abject handmaid of the Wall Street gamblers, take a gander at the chart below. Owing to the slight down-tick in this week’s monthly CPI report, the outcry for...
The Federal Reserve is widely expected to start cutting interest rates at the Sep. 18 FOMC meeting, but the debate is turning to how far the central bank will trim its policy rate once the easing...
Wall Street headed for weekly slump amid China trade war fears Dollar stages dramatic reversal on safety bids but gold loses out Euro slips after ECB decision, yen steady but off week’s highs Rate...
TSM announced better-than-expected quarterly results and lifted its growth projections for this year’s revenue. Good news helped limiting the previous day selloff in chip stocks yesterday but...
Today’s column will be a brief one, because it’s summertime and the people on the beach generally don’t read my column. I saw a headline today for an article on Realtor.com. “June 2024 Rental Report:...
Stocks are under pressure but the dollar fails to make gains ECB meets today, unlikely to produce a dovish shift The pound ignores data; the yen continues to rally against the dollar Stock Markets...
Love it or hate it, the 2024 US Presidential Election will only continue to get more media coverage from here. In an effort to head off the inevitable efforts to tie election results to market...
Gold Fell on Stronger US Building Permits Report The gold (XAU) price declined by 0.41% as the US Dollar Index (DXY) rose following the higher-than-expected US Building Permits report. On Wednesday,...
While everyone is speculating on how the ongoing international trade war could worsen if Donald Trump returns to the White House, it was Joe Biden who delivered a blow to the market yesterday as his...
US economic activity is on track to remain slow in this month’s second-quarter GDP report. The expansion is expected to continue via the government’s data, but today’s revised nowcast for Q2 suggests...
With both economic and inflation data continuing to weaken, expectations of Fed rate cuts are rising. Notably, following the latest consumer price index (CPI) report, which was weaker than expected,...