Contrarian headline, I know. But as we start the week off, the US Dollar is picking up an early bid. A bid which could have been foreseen on the…
Finance
As has been the case in recent months, US consumer price index (CPI) data have been highly anticipated. This is due to the market moving narrative of the Federal…
Bitcoin climbed above a key psychological zone of $30,000. According to Coin Metrics, Bitcoin is up 6.38% for the day. On Monday night it climbed 7% to break through…
Toronto Dominion (TD) Bank has recently become the world’s most shorted bank, sparking concerns of a potential banking crisis in Canada. Hedge fund bets against TD Bank reached a…
The banking crisis may be about to hit Canada. In recent weeks, we have seen regional banks in the US get hit resulting in quick action from the Fed…
Some choppy price action in the US stock markets recently, and it will make more sense when we discuss the charts below, but we seem to finally have direction….
XRP seems to be built differently. With Bitcoin and other crypto charts showing positive signs of upcoming breakouts, XRP has triggered a major break with strong follow through momentum….
What is left of troubled Silicon Valley Bank is to be acquired by First Citizens Bank. First Citizens shares were up over 50% at one point of trading today…
It is nearly 24 hours since Jerome Powell announced the Federal Reserve is raising interest rates by 25 basis points, and US stock markets continue their roller coaster ride….
The title of this article might trigger some of the crypto haters but let’s discuss the recent price action in cryptocurrencies. I was initially bearish on Bitcoin and other…