Spot Bitcoin ETF options officially debuted on the Nasdaq, marking a pivotal development for the cryptocurrency market. With the arrival of these options, starting with the BlackRock BlackRock’s iShares Bitcoin Trust ETF (IBIT), investors inevitably received additional instruments for hedging risks and covering exposure to Bitcoin’s fluctuations. Nasdaq recorded 73,000 IBIT options contracts on the first 60 minutes of trading, ...
In this video, Dave outlines three tools he uses on the StockCharts platform to analyze sector rotation, from sector relative strength ratios to the powerful Relative Rotation Graphs (RRG). Dave shares how institutional investors think about sector rotation strategies, evaluating the current evidence to determine how money managers are allocating between offensive and defensive sectors following the US elections. This ...
There are times when the price action of a stock is worth analyzing further. This article is a follow-up to last week’s StockCharts Technical Rank (SCTR) Report pick, Palantir Technologies (PLTR). The stock sold off significantly on Monday, and, in the blog post, I mentioned that I would buy PLTR if the stock price pulled back and reversed. I used ...
If President-elect Donald Trump has his way, Tulsi Gabbard will be at the helm of U.S. intelligence and Matt Gaetz will be leading the Justice Department, giving whistle-blower Edward Snowden his best chance yet at a life of freedom in the U.S. Both Gabbard, a former Hawaii House Democrat, and Gaetz, a former House Republican from Florida, will have to ...
The White House has still not released its visitor logs for July, the month President Biden gave up his re-election bid, leaving questions about who was seeing and advising the president before he made the historic decision to drop out. Despite consistently releasing visitor records at the beginning of each month throughout Biden’s term, the White House as of mid-November ...
Pioneering memecoin launchpad Pump Fun is in the spotlight after it made another cashout move, placing pressure on Solana’s price. According to an update from the analytics platform Lookonchain, the Pump Fun fee account has sold off another 105,000 SOL within the past 24 hours. Pump Fun and the Selloff Agenda Lookonchain detailed that the offloaded 105,000 SOL is valued ...
Coinbase CEO Brian Armstrong is set to meet with President-elect Donald Trump as the latter continues to fill key positions in his incoming administration. The meeting is expected to address personnel appointments, particularly for roles tied to cryptocurrency and financial regulation. Coinbase CEO To Meet Donald Trump According to The Wall Street Journal, Coinbase CEO Brian Armstrong will meet privately ...
When looking for stocks to invest in, spotting strong stocks in promising sectors poised to bounce can be tricky and complicated. You have to forecast a sector’s likely position in the coming months, find stocks within those sectors that are relatively strong, and then dentify which ones are declining and which are near a bullish reversal. Rather than following each ...
Join Tony as he walks you through a Macro Market outlook, where he shares his top bearish and bullish options trading ideas, These include Disney (DIS), Shopify (SHOP), Intel (INTC), Adobe (ADBE), and Apple (AAPL). He explores growth vs. value, current sector rotation, key earnings, and more. This video premiered on November 18, 2024. ...
The XRP price has performed impressively following Donald Trump’s victory in the US election. However, Ripple investors are searching for alternative investments, and there is no end in sight to the SEC vs. Ripple Labs case. Meanwhile, RCO Finance (RCOF), a new DeFi altcoin, has attracted investors after raising $5 million during its presale. Between XRP and RCO Finance (RCOF), ...
The chief financial officer of Trump Media and two other corporate insiders sold more than $16 million worth of company stock in the week following the presidential election, according to new disclosures. Most of the stock was sold by CFO Phillip Juhan, who in August adopted a trading plan that revealed his intention to sell 400,000 DJT shares by December 2025. Trump Media director Eric Swider and Scott Glabe, the ...
DETROIT — General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the decision. The layoffs, which were announced Friday morning to those impacted, were across the business. Some were due to poor performance, while others were part of a review to reorganize ...