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Stocks Hit Major Resistance As Rates And The Dollar Find Key Support - The Week Of May 6
Article By: Michael J. Kramer
Sunday, May 5, 2024 8:20 PM EDT
It was a volatile week of trading heavily influenced by hedging flows, as noted by sharp rises and declines in implied volatility measures such as the VIX. This makes grasping the underlying message in the market hard.
In this article: QQQ, AAPL, NVDA, DIA, SPX
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WMA: Bitcoin Back Above $64,000, CZ Gets 4 Months In Prison
Article By: Crypto Adventure
Sunday, May 5, 2024 7:48 PM EDT
The crypto market ends the week at a total market capitalization of $2,37 trillion. Bitcoin is up by about 1.5% to trade at around $64,500. XRP is up by 2%, Solana by 4%, and Dogecoin by 8%. Ethereum decreased by almost 5% to trade at around $3,100.
In this article: BITCOMP, XRP-X, DOGE-X, SHIB-X, ETH-X
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Average Credit Score By Age In Canada In May 2024
Article By: Dan Kent
Sunday, May 5, 2024 7:24 PM EDT
This can result in higher borrowing costs and make it more challenging to manage your debt effectively.
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The Fed, Interest Rates And Jobs Sway The Markets. Which Direction Are We Headed?
Article By: Donn Goodman
Sunday, May 5, 2024 6:53 PM EDT
It was a week filled with anxiety as the Federal Reserve was meeting and investors were awaiting their interest rate guidance.
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Trends In Electric Cars - A Global EV Outlook 2024
Article By: Angry Bear
Sunday, May 5, 2024 6:10 PM EDT
Under current policy settings, the rapid uptake of electric vehicles – including not just cars, but also vans, trucks, buses, and two- and three-wheelers – is projected to avoid the need for more than 10 million barrels of oil per day in 2035.
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Starliner! Boeing Prepares To Launch Its First Crewed Spacecraft As It Chases After SpaceX
Article By: The Conversation
Sunday, May 5, 2024 5:16 PM EDT
Following years of delays, a successful flight would provide the United States with a second operational spacecraft to carry astronauts to low-Earth orbit, after SpaceX’s Crew Dragon.
In this article: BA
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Apple Doesn’t Fall: Price Surges On Big Buyback
Article By: ValueWalk
Sunday, May 5, 2024 4:31 PM EDT
Apple has been the clear laggard among the so-called Magnificent Seven over the past year or so.
In this article: AAPL
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The 7 AI Categories Declined, On Average, The First Week Of May
Article By: Lorimer Wilson
Sunday, May 5, 2024 3:05 PM EDT
We track 7 AI categories; here we highlight those stocks in each category that went up or down by 5% or more during the week.
In this article: ATEYY, BIDU, FTNT, SDGR, CYBR, RLAY, RGTI
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Solana Surges Through Pivotal Range; Can It Reach $160 Following A 10% Jump?
Article By: Crypto Adventure
Sunday, May 5, 2024 2:00 PM EDT
Ever since Solana price managed to rise above $100, the bulls have maintained a huge dominance over the rally. The price failed to sustain itself above $200, which formed a double top, resulting in a drastic plunge in the local support below $130.
In this article: SOL-X
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Developing A New Trading Psychology
Article By: Brett N. Steenbarger, Ph.D.
Sunday, May 5, 2024 1:30 PM EDT
Our challenge is to uncover who we are at our best and leverage that in the marketplace. 
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Who Is Really Training Your AI? The Role Of SMEs In AI Data Annotation
Article By: Shelly Palmer
Sunday, May 5, 2024 1:00 PM EDT
At the moment, the process of building best-in-class models requires a heavy human hand. This rarely-discussed fact is probably worthy of deeper exploration.
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What Should VCs Do With Zombie Companies?
Article By: David Teten
Sunday, May 5, 2024 12:26 PM EDT
Inevitably, some of a VC’s portfolio companies will become “zombies”: not dead, but not growing. So what do you do?
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Chinese EVs Are Piling Up And Blocking European Ports
Article By: Bruce Wilds
Sunday, May 5, 2024 11:54 AM EDT
There is some hysteria about Chinese EVs flooding foreign markets and annihilating manufacturing in the US and Europe. This coincides with news that Tesla is partnering with Baidu.
In this article: BIDU, TSLA, NIO, XPEV, SAIC
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Why Intellia Therapeutics, Inc. Outpaced The Stock Market
Article By: Zacks Investment Research
Sunday, May 5, 2024 11:37 AM EDT
Investors will be eagerly watching for the performance of Intellia Therapeutics, Inc. in its upcoming earnings disclosure.
In this article: NTLA
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Stagflation Embrace
Article By: Monica Kingsley
Sunday, May 5, 2024 11:20 AM EDT
The S&P 500 didn't look back following the underwhelming NFPs and the stark tech leadership coupled with meaningful enough retreat in yields provide for an inflection point in equities. Junk corporate bonds and Treasuries support more gains.
In this article: SPX, IEF Also: TSM, SMCI, AAPL, NFLX, META
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Cardano’s Trading Volume Surpasses $550M: Can Price Hit $1?
Article By: Crypto Adventure
Sunday, May 5, 2024 11:11 AM EDT
Should investors expect a bull run? Here's what the experts are saying...
In this article: ADA-X
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