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news-29102024-103302

Bitcoin Price Surges Over $70,000 Ahead of Earnings and Election Day

Bitcoin's price recently surged above $70,000, reaching $69,925.00, as investors eagerly awaited MicroStrategy's earnings and the upcoming U.S. presidential election. The cryptocurrency briefly touched $70,207.02 around 6:00 p.m. Eastern on Monday and has been...
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Stock Market Forecast: Predicting Market Movers for Next Trading Session

Traders are always on the lookout for the latest trends in the stock market, trying to predict which way the market will move next. The recent rebound in the market has left many wondering...
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Bill Ackman’s Pershing Square Withdraws IPO Amid Decreased Demand

Bill Ackman, CEO of Pershing Square Capital Management LP, recently announced the withdrawal of plans for an initial public offering (IPO) for Pershing Square USA due to decreased investor demand. Despite this setback, Ackman...
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Hartnett: Liquidation of Overcrowded Trades Sparks Market Movement

The recent movement in the S&P may not have been as harsh, but many traders felt a sense of deja vu reminiscent of March 2020. This is because all the trades that had been...
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US Election Market Outlook: Key Points to Consider – Action Forex

The US Presidential election is a hot topic right now, causing volatility in the market and making the Fed's job more challenging. Recent events, such as the gun attack on Donald Trump and President...
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Nasdaq Suffers Worst Trading Day Since November 2, 2022 | Forexlive

Foreign exchange trading is known to carry a high level of risk, which may not be suitable for all investors. It is essential to understand that leverage can create additional risk and increase the...
news-20072024-034214

Impact of Biden Dropping Out on Bond and FX Markets | Forexlive

The impact of Joe Biden dropping out of the presidential race on the bond and foreign exchange markets is a topic of much discussion and speculation. Following the recent debate on June 28, there...
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Eurozone Sentix Plummets to -7.3 Amid Political and Economic Uncertainties

Eurozone Sentix Investor Confidence took a significant hit in July, dropping to -7.3 from 0.3, a far cry from the expected 0.0. This decline comes after eight consecutive increases, signaling a major setback for...
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Bulls Gain Control as NZD/USD Closes Above Critical Resistance – Weekly Price Analysis

The NZD/USD pair has shown a positive trend as it closed above the 20 SMA support at 0.6120, indicating bullish momentum. The pair tested resistance around the 0.6150 level, showing signs of strength in...
news-05072024-202316

GBP Reacts to UK Election Result: Analysis by Rabobank

The GBP has remained relatively stable following the UK election results, despite the lack of significant movement. However, the recent decline in the value of the USD has allowed the GBP to emerge as...
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NASDAQ Sets Record Highs Every Day This Week | Forexlive

The stock market saw another successful week with the NASDAQ hitting record highs every day. The Dow Industrial Average, S&P index, and NASDAQ index all closed higher today. The NASDAQ set a new record...
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Gold Price Consolidates Ahead of US NFP Data – Market Update

Gold prices saw a slight increase of 0.15% on Thursday amidst low trading activity due to the US Independence Day holiday. The XAU/USD pair reached a two-week high of $2,365 the previous day, driven...
news-17062024-212852

Are Bitcoin ETFs Gaining Traction Among Financial Advisors?

Bitcoin ETFs were seen as a way for financial advisors to introduce their clients to investing in bitcoin. However, after nearly six months since their launch, it appears that financial advisors are not rushing...
news-17062024-072631

Holiday Week Ahead: Retail Sales, Housing, and PMIs

In the upcoming holiday-shortened week, there are several key data highlights to look out for. The US retail sales report will be released tomorrow, followed by the UK CPI on Wednesday, and Japanese inflation...
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Gen Digital Stock Analysis: Limited Cash Flows Impact Growth Potential

Funtap Gen Digital Inc. is a company that specializes in cybersecurity and antivirus products and services. Following the merger of NortonLifeLock and Avast in 2022, the company's revenue and cost synergies were expected to...
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Navigating Market Incredulousness: Understanding Current Trends in Finance

Several key topics in the world of finance have been gaining increased attention recently. One such topic is the discrepancies and unusual aspects of the jobs report. The high percentage of jobs created by...
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Why Five Below is Struggling in 2021

Five Below, a discount retailer that has seen impressive growth since going public in 2012, is currently facing challenges in 2021. Despite expanding from less than 250 locations to over 1,600 stores nationwide, the...
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First Solar Options Trading: A Deep Dive into Market Sentiment – First Solar (NASDAQ:FSLR)

First Solar Options Trading: A Deep Dive into Market Sentiment - First Solar (NASDAQ:FSLR)High-rolling investors have positioned themselves bearish on First Solar FSLR, and it's important for retail traders to take note. This activity...