TAG: etfs
Financials Stocks are Seeing More Big Money
The new 2024 sector leaders are energy, industrials, and financials.Cyclicals likely will play a larger role in driving this bull market’s next leg higher.A reshuffled leaderboard shows investors favoring more cyclical areas:Let’s dig into the financials...
6 months ago
Gold Price Forecast – A Runaway Move Could Push Gold Towards $3000 by August
The 2005 Gold BreakoutIn 2005, gold broke decisively above the $450 level and entered the recognition phase of the bull market. Notice how prices kept rising despite overbought conditions; corrections were sharp, brief, or absent.I point this out because...
6 months ago
Crypto Let Off Steam Rather Than Starting A Reversal
Whirlwind Weekend: Cryptocurrency Markets in FluxIt was a non-boring weekend for the cryptocurrency market. Market sentiment swung sharply towards buying the dollar and selling stocks, gold, and cryptos on Friday afternoon. Also operating over the weekend...
6 months ago
THE Reversal in Gold, THE Confirmed Breakout in USD/YEN
Gold’s Final Top?It most likely means that “this is it”. This was the final top for the price of gold for at least some time. At least that’s what the huge-volume sessions meant previously, especially when gold was similarly overbought as it was recently....
6 months ago
Gold Price Forecast – Prices to Challenge $2500 After a Brief Pause
Interest PaymentsInterest payments (represented by the red line) on U.S. debt have surpassed the Defense Budget (black line) and are now on par with Medicare (green line). If this trend continues, debt payments could potentially exceed those of Social Sec...
5 months ago
Tech Stocks’ and Bitcoin’s Message for Gold Investors
Unexpected ConnectionsAll right, bitcoin is an alternative to fiat currencies, just like gold and silver are, but what about tech stocks? What could they have in common with the precious metals market?More than it seems at the first sight. In particular,...
5 months ago
Gold Price Forecast – The Bull Run in Gold Miners is Just Starting
Gold Cycle IndicatorOur Gold Cycle Indicator finished at 236; we hedge our mining portfolio once it advances above 350.Gold MonthlyThe monthly gold chart confirmed a major breakout, and we think prices could test $3000 in 2024. By 2030, we see prices trad...
5 months ago
Australia Set to Launch Bitcoin Spot ETFs: How will BTC Price React?
InsightsAustralia is poised for several spot Bitcoin exchange-traded fund (ETFs) approvals in 2024, mirroring trends in the United States and Hong Kong. Can the bullish tailwinds from this development halt the ongoing BTC price free-fall? Australia Regula...
5 months ago
Spot Ethereum ETFs go live!
Ethereum ETF’s exceed $100 million inflows on debut Collective trading volume of ETFs surpass $1 billion Cryptocurrency ↑ 50% since start of 2024 Technical levels – 21 & 50 day SMA Only a few months ago we discussed the possibility of Ethereum ETFs...
2 months ago
Silver Flashed the Signal Again!
Silver Signals Weakness Despite Short-Term StrengthThe above is probably something that you might be thinking. And while I can’t tell with certainty (nobody can), there are a few signs suggesting that the top is in or at hand, depending on what part of th...
2 months ago
The S&P 500 Still Has Room to Run
But if you think the market is done rising, think again. There are some factors forming a powerful cocktail to keep the bull run in place.The S&P 500 Still Has Room to RunSee, the reality is stocks have a strong setup on the macro front right now. The...
1 month ago
Launch Alert: 50K App Unveils Low-Cost Trading with High Interest Returns
Launched in April 2024, 50K is a cutting-edge mobile app that allows you to trade and invest in thousands of global markets. It is based in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC), currently catering to European clien...
1 month ago
The Attraction to Stable Dividend Growth
Many people believe equities have gone nowhere the last two months.It may look that way, but money rarely leaves the market – it rotates. And right now, we’re witnessing one of the largest rotations in recent memory into dividend growth stocks.The Attract...
1 month ago
Record Weekly Declines in Miners and Bitcoin
Record Weekly Decline Not Seen Since May 2022The GDXJ closed the weekly with a record (nominal) decline – that we haven’t seen since May 2022.The above chart shows that the multi-top that the GDXJ is most likely forming is indeed (as I wrote about it befo...
1 month ago