In this video, Dave digs into five market breadth indicators every investor should track as we navigate a volatile period including Q3 earnings, the US elections, and the November Fed meeting. He breaks down key insights on each of the five charts, talks about why breadth indicators are equal-weighted, and relates all of this back to the most important chart ...
The recent performance of the Cardano price has been lackluster. Once touted as one of the most promising blockchain platforms, ADA needs help to break through key price barriers. Its difficulty pushing past the $1 mark makes investors skeptical of its potential. As Cardano grapples with its current challenges, a rival is emerging, poised to capitalize on ADA’s weaknesses. RCO ...
The cryptocurrency market showcased a bullish outlook during Sunday’s low-volatility session. Following a 1% surge in Bitcoin price, many major altcoins, including Dogecoin, experienced a renewed recovery in the final week of October. Amid the recent price jump, a crypto analyst highlights a key resistance breakout for DOGE to drive a high-momentum rally. Currently, the DOGE price trades at $0.14, ...
The secular bull market in stocks has been epic both in duration and extent. The NASDAQ 100 Index illustrates this bull run best of all. Using Wyckoff Method classic trendline construction techniques, the chart below illuminates this secular bull phenomena. The stride of the bull market run is set with three points in 2010 and 2011. Drawing a Demand Trendline ...
Nike and Kohl’s may not be winning on Wall Street, but a wide set of consumers still consider them to be the best in their categories, according to a consumer sentiment survey released Thursday. The Consumer Sentiment Index from consulting firm AlixPartners asked 9,000 fashion shoppers from Gen Z to boomers about the factors that drive their purchasing decisions and how retailers stack up against ...
Boeing machinists voted against a new labor deal that included 35% wage increases over four years, their union said Wednesday, extending a more than five-week strike that has halted most of the company’s aircraft production, which is centered in the Seattle area. The contract’s rejection by 64% of the voters is another major setback for the company, which warned earlier Wednesday that it would continue ...
Lithium market surpluses continued to suppress prices and hinder sector growth throughout Q3 2024, broad consolidation early in the quarter signaled a potential bottoming out. Subsequently analysts forecasted a price recovery as EV sales exceeded expectations in September. Projected demand growth prompted Sprott Insights to warn of a potential lithium shortage emerging as early as 2025, with demand, especially from ...
Overview The Athabasca Basin in Saskatchewan presents exceptional discovery and exploration opportunities for companies looking to enter the thriving uranium market. Uranium is poised for significant growth and the expected deficit in the supply side will create opportunities in the market. With new reactors continually coming online to meet demand and a limited number of suppliers to fill it, looking ...
From an internet animated series with 1.6 billion views to a popular cat-themed token, Simon’s Cat has won over the netizens. The token is one of the highly demanded cryptos with $259.32M in market capitalization. It has also offered highly profitable days, achieving an ATH of $0.0000464 just a month ago. Moreover, the demand is persistent, as the CAT hashtag ...
The SEC vs. Ripple Labs fight is getting more heated and attorney Fred Rispoli said one of the possible outcomes of this saga could be Ripple winning. However, now the SEC wants to extend the time of filing its principal brief until January 15, 2025. Most recently, an attorney Fred Rispoli explained, “The SEC often seeks continuances not only because ...
The over-deviated markets continued to extend their losses for the fourth week in a row. The Nifty remained largely under sustained selling pressure over the past five days, barring a few feeble attempts to stage a technical rebound. The markets extended their downsides while giving up key supports on the daily charts. The trading range widened again; the Nifty oscillated ...
There are no magic bullets, but we can improve our trading edge by starting our selection process with two proven concepts: trend and momentum. These are perhaps the two most powerful forces in the market. The idea is relatively simple: stay on the right side of the trend and focus on the leaders. This is basically dual-momentum. Starting our process ...