To The Moon

Ethereum (ETHUSD) Should Find Buyers in 3, 7, or 11 Swing December 19, 2023 By EWFHendra Short Term Elliott Wave View in Ethereum (ETHUSD) shows that it has ended wave (3) at 2401.18. Pullback in wave (4) is currently in progress as a double three Elliott Wave structure. Down from wave 93), wave (a) ended at 2324.3 and wave (b) ended at 2374.78. Wave (c) lower ended at 2142.28 which completed wave ((w)). The crypto currency then corrected in wave ((x)) as a zigzag structure. Up from wave ((w)), wave (a) ended at 2257.38 and wave (b) ended at 2146.35. Wave (c) higher ended at 2331.34 which completed wave ((x)). The crypto-currency then turned lower in wave ((y)). Down from wave ((x)), wave (a) ended at 2204.42 and wave (b) ended at 2255.08. Wave (c) lower ended at 2114.22 which completed wa

Shrugging off attempts by Federal Reserve officials to tamp down expectations of a rate cut, the S&P 500 neared an all-time high, extending a seven-week winning streak. The S&P 500 is now only about 1.2% away from its all-time closing high set in January 2022.Goldman Sachs on Monday raised its year-end forecast for the S&P 500 to 5,100, citing the Fed's dovish turn last week, lower consumer prices and expectations of lower real interest rates.On December 18, NIO announced that it signed a new round of share subscription agreement with CYVN, an ABU Dhabi investment institution. Under the agreement, CYVN will invest A total of $2.2 billion in cash to subscribe for 294 million newly issued Class A common shares of NIO at a purchase price of $7.50 per share, and the transaction is

Largest weekly inflow into $SPDR S&P 500 ETF Trust(SPY)$ ever！Image“I don’t care what the price, just get me in. The Golden Bull is about to trigger, and Mike Wilson has also turned bullish, even if way late ”. MS Mike Wilson Fed caught Me and Mr. Market by surprise, evidenced by repricing of front-end curve. More bullish setup is taking place, and likely to persist if economic growth persists. $S&P 500(.SPX)$ $Invesco QQQ Trust-ETF(QQQ)$ $SPDR DJIA ETF(DIA)$ $E-mini Russell 2000 - main 2403(RTYmain)$ "It's just the Magnificent 7 driving this rally! What a load of clic

On Nov. 9, just weeks after the US government tightened regulations on exporting high-end AI chips to China, unconfirmed reports said that the chipmaker $NVIDIA Corp(NVDA)$ is set to announce a new series of AI chips for customers in China. The new Nvidia chips are reportedly designed to comply with the latest U.S. government export restrictions. The news cheered investors, because the curbs were seen leading to a possible $5 billion in order cancellations for $NVIDIA Corp(NVDA)$ .The exclusive report suggests that Nvidia has created three customized versions of AI chips for Chinese customers: HGX H20, L20 PCle, and L2 PCle. The official announcement is anticipated on Nov. 16, with insiders revealing

$Grab Holdings(GRAB)$ Investing in Grab shares can offer several potential benefits. As of my last knowledge update in January 2023, Grab is a Southeast Asian technology company that provides various services, including ride-hailing, food delivery, and digital payments. Here are some potential benefits: 1. **Market Presence**: Grab has a strong presence in Southeast Asia, operating in multiple countries. Investing in Grab shares allows you to potentially capitalize on the growth and development of this market. 2. **Diversification** : If you are building a diversified investment portfolio, adding shares of a company like Grab can provide exposure to the technology and transportation sectors, contributing to a

$First Republic Bank(FRC)$ plummeted to an all-time low in Tuesday’s trading session. The price per share hit an all-time low of $8.10 as the markets closed.It was driven by the latest earnings. Although the bank’s EPS in the first quarter topped analysts’ estimates, its deposit flight was worse than what analysts had estimated, plunging 41% to $104.5 billion, missing the estimates of $145 billion.Everyone is preparing for an imminent bankruptcy?The White House is expressing concerns about whether it has the capacity to find a solution for First Republic Bank's insolvency.The rescue plan for First Republic Bank did not succeed. The bank suspended its dividend and its shares continued to slump, raising speculation about the bank's future as a s

GoldStockData.com's Don Durrett told Investing News Network that the gold $Gold - main 2306(GCmain)$ and silver $Silver - main 2307(SImain)$ rally is now running into resistance, but he thinks the last sell-off on Wall Street will clear the way for precious metals prices.He explained, "What we are waiting for is that the headwinds in the market are basically cleared. I mean, we need to see a sell-off in the stock market, and then gold prices can finally go higher." In his view, when the stock market capitulates At that time, basically investors would no longer put money into stocks, and would stay away from the bond market.Durrett sees $2,080 an ounce as the first target for an upward breakout in

In a widely anticipated move, the US Federal Reserve raised interest rates for the 10th time in just over a year. The Fed fund rate now stands at a target range of 5%-5.25%, which is the highest it has been since August 2007.Source: Bloomberg During the news conference that followed the meeting, Chairman Jerome Powell confirmed that "a decision on a pause was not made today." This is despite the omission of a sentence stating that “the Committee anticipates that some additional policy firming may be appropriate." It appears that the Fed has finally reached the terminal rates it had set out to achieve. S&P 500 & Nasdaq Index, Source: Bloomberg The bond markets initially priced a rate hike in the June Fed meeting. However, the sentiment soon changed into a likely rate pause