Blogs - TalkMarketswww.talkmarkets.com
The latest posts from TalkMarkets
Market Briefing For Monday, May 17
Today 20:41 EDT
Why Experts Believe That ETH Could Draw A Major Pull Back
Today 20:03 EDT
Research in dune analysis found that 2%–5% of ETH transactions failed due to complications like slippage or inadequate gas prices, the fee needed for the effective conduct of an ethereum blockchain...
Week In Review: It's Hard To Get Rich
Today 19:20 EDT
CHF/JPY: Bullish Market Patterns Calling The Move Higher
Today 18:58 EDT
For the CHF/JPY currency pair, several clear bullish market patterns were visible on the charts, which allowed me to be confident in calling the buy signals for the pair.
The auto industry is already stuck between a rock and a hard place, as dealers struggle to get production up to speed despite an ongoing semiconductor chip shortage. Now, a new note from BofA lays out...
Elon Musk Hints At Possible Dumping Of Tesla's Bitcoin Holdings
Today 18:17 EDT
Tesla Inc CEO Elon Musk appears to have signaled that the electric vehicle maker could soon dump all its holdings of bitcoin. On Thursday, Bitcoin plunged 12% after Elon Musk tweeted that Tesla will...
Right now, we are seeing gold and silver start to shift into a new bullish trend bias – therefore, we may be starting to see a shifting in expectations; which is very similar to what we saw in...
Forex Weekly Outlook May 17-21 – Eurozone CPI, FOMC Minutes Eyed
Today 17:37 EDT
US inflation jumped in April, and this week’s CPI data from the eurozone and Canada is also expected to show an increase in inflation.
The ETF Portfolio Strategist - Sunday, May 16
Today 17:25 EDT
Our trio of proprietary strategies outperformed their common benchmark last week. Alas, the outperformance was in the form of lesser declines, but that still beats underperformance.
George Soros Buys Millions' Worth Of Stocks Linked To Bill Hwang's Archegos Collapse: Bloomberg
Today 17:13 EDT
Billionaire George Soros' investment firm, Soros Fund Management, bought shares of CBS Corporation, Discovery Communications Inc, and Baidu Inc as these stocks were at a discount after Bill Hwang's...
Europe Leads In EV Sales, But For How Long?
Today 17:00 EDT
Despite the economic headwinds imposed by COVID-19, global sales of electric vehicles and plug-in hybrids surpassed 3 million for the first time in 2020. Breaking down these sales reveals that over 80%...
EUR/CAD: Catching The Move Lower
Today 16:49 EDT
Since April 21, the EUR/CAD pair has been trending to the downside. To determine if a market is trending, the price action must be forming higher highs/higher lows in an uptrend and lower lows/lower...
4 Buy-Rated Growth Stocks To Snatch Up In May
Today 16:37 EDT
Even though growth stocks fell out of favor this year with investors who chose to rotate to cyclical stocks to capitalize on the economic recovery, some stocks are still solid bets considering their...
The euro rally petered out, as EUR/USD was down slightly last week. There are three releases in the upcoming week, including eurozone inflation. Here is an outlook at the highlights and an updated...
Twitter May Be Gearing Up To Launch Twitter Blue Subscription Module At $2.99 Per Month
Today 16:04 EDT
Twitter Inc is planning to launch a subscription plan called Twitter Blue, which will cost the users $2.99 per month. An option to retract a sent tweet could be among the new features of the paid...
What Would The Fate Of Dogecoin Be After Coinbase Listing?
Today 15:57 EDT
For Dogecoin holders, this time couldn’t be more exciting. The so-called joke coin has appreciated in value. And it seems that the interest it generated isn’t waning anytime soon. Coinbase has...
AT&T is currently in 'advanced' discussions to combine several media assets into a giant portfolio, which would include beleaguered CNN and Discovery. The move would mark a major shift in strategy for...
Signs Of A Fake-Out Rally?
Today 15:26 EDT
Last week, I said that a new short-term uptrend had started on Friday, May 7, but that was a bad call. However, a week later on Friday, May 14, a new short-term uptrend has started. In other words,...
USD/CAD Forecast May 17-21 – Canadian CPI, Retail Sales Next
Today 15:10 EDT
The Canadian dollar posted small gains last week, as USD/CAD ended the week just above the 1.21 level. There are six economic releases in the upcoming week. Here is an outlook for the highlights and an...
This Airline ETF Looks Bullish Going Into The Week
Today 14:58 EDT
Traders hoping to catch a larger move in the airline sector could watch the U.S. Global Jets ETF. If there’s continued momentum in individual airlines this week, JETS could offer a way to play it.
For investors seeking to benefit from the rising price of Bitcoin, cryptocurrency stocks Silvergate Capital (SI) and Marathon Digital Holdings (MARA) may be just the ticket. The two stocks have...
The Week In SPAC News - Sunday, May 16
Today 14:44 EDT
In SPAC news this week, Wynn Resorts said it is merging its online betting platform Wynn Interactive with a special purpose acquisition company to create an independent public company.
Is The Correction Complete?
Today 14:21 EDT
There is evidence that we are still in the bull market which started in 2009, and could continue into the first half of 2021 before major cycles take over and it ends. A move past 4500 is possible...
Inverse ETFs To Play The Decline In Tech
Today 14:03 EDT
We have highlighted seven leveraged inverse ETFs from the tech space that investors can consider, though these involve a great deal of risk when compared to traditional products.
Mexican Peso Weekly Forecast: USD/MXN Drops As Markets Price In Rate Cut Despite Banxico Dismissal Of Inflation
Today 13:50 EDT
USD/MXN once again started the week with a bullish bias as the US Dollar pick up buying momentum as inflation fears caused bond yields to rise towards the upper bounds of their post-pandemic range.
Yesterday's news that the DoJ and IRS are digging into Binance was just the latest indication from the government that it is taking enforcement of securities taxes tied to crypto wealth very...
A Small Cap Infrastructure Trio
Today 13:36 EDT
President Biden unveiled a proposal to spend $2.3 trillion to upgrade the country’s infrastructure over eight years. Top winners include companies leveraged to clean energy, construction,...
Here’s A $19 Profit Play On The Colonial Pipeline Hack
Today 13:22 EDT
The Colonial hack is just one of hundreds of thousands of cyber-attacks that we know of. The long-term impact is on cybersecurity, and the way I see it, that's where the real profit potential is.
Elon Musk, tech tycoon and CEO of electric car manufacturer Tesla Inc. (TSLA), suggested that he might be willing to consider creating a new cryptocurrency if Dogecoin (DOGE-X) does not achieve the...
2 Scorching-Hot Steel Stocks Rated Strong Buy
Today 12:57 EDT
A gradual economic recovery is boosting demand for steel in response to strong demand from major end-markets such as automotive and construction. Against this backdrop, it could be wise to bet on...