Investing

Investing
Investing

Why are altcoins like XRP, Solana, Dogecoin, Cardano, and Chainlink going down?

Bitcoin and top altcoins suffered a harsh reversal today, Dec. 11, as concerns about the Federal Reserve forward guidance resumed. BTC dropped below $90,000, erasing some of the gains made earlier this week. XRP price dropped by 3.6% in the last 24 hours and by 7.8% in the previous seven days. Similarly, Solana, Dogecoin, Cardano,

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Investing

Scottish Mortgage (SMT) share price ripe for a breakout as a new catalyst emerges

Scottish Mortgage share price popped this week, reaching its highest level since November 5. SMT jumped to a high of 1,140p, up by 11% from its lowest level in November and by 46% from its lowest point in November last year.  Scottish Mortgage share price is soaring amid SpaceX IPO news SMT is a large

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Investing

Tilray stock flirts with death cross amid Trump’s silence on cannabis reform

Tilray stock price has slumped in the past few weeks, moving from a high of $23.15 on October 9 to $7.20 today. This crash may accelerate in the coming weeks as a death cross pattern nears. Tilray stock price technical analysis  The daily timeframe chart shows that the Tilray Brands stock price has been in

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Investing

Costco stock forms a bullish pattern as traders bet on a split, special dividend

Costco stock price has come under pressure in the past few months, moving from a high of $1,073 in February to the current $887, a 17% drop.  It has dropped by 10.1% in the last 12months, underperforming the SPDR S&P Retail ETF (XRT), which has risen by 4%. Walmart stock has jumped by almost 24%

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Investing

Why are Paramount and Netflix overpaying for Warner Bros stock?

Warner Bros stock price has been in a strong bull run this year, making it the best-performing company in the Nasdaq 100 Index. It has jumped to $27, up sharply from the year-to-date low of $7.5. Paramount and Netflix bidding war for Warner Bros  The ongoing WBD stock price surge happened as the bidding war

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Investing

Cardano price analysis as Charles Hoskinson hails Midnight launch

Cardano price held steady, reaching its highest point since November 19 as the crypto market rebounded. ADA jumped to a high of $0.4647, up by 25% from its lowest point this year. It also rebounded as Cardano launched Midnight, its zero-knowledge privacy network. Charles Hoskinson hails Cardano Midnight launch Cardano price remained in an upbeat

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Investing

Rolls-Royce share price eyes a rebound as a bullish pattern forms

Rolls-Royce share price has held steady in the past few days, moving from a low of 1,020p on November 24 to the current 1,110p. It has jumped by over 100% from its lowest level in January and is a few points below the year-to-date high of 1,195p. So, is it still safe to buy the

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Investing

US natural gas price analysis: Weather-driven spike or onset of bullish trend

On Tuesday, the US natural gas price extended losses from the previous session in reaction to forecasts of warmer weather in most parts of the country. Near-record output and ample inventories have further fueled the pullback, even as the bulls remain in control. Meanwhile, European prices are under selling pressure as investors weigh the prospects

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Investing

GLD ETF analysis: Here’s what to expect ahead of the December Fed meeting

GLD gold ETF ended last week in the red as Treasury yields edged higher ahead of the highly anticipated December Fed meeting. Despite the differing opinions among the US central bank officials, investors have become increasingly confident that the Fed will announce a quarter-basis-point interest rate cut during the meeting slated for 9th-10th December.  Beyond

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Investing

Broadcom stock forecast ahead of earnings: is AVGO priced to perfection?

Broadcom stock price has been in a strong bull run this year as it became one of the top beneficiaries of the booming artificial intelligence (AI) industry. AVGO has soared by nearly 70% this year, bringing its market capitalization to over $1.84 trillion. This article explores whether it is a good stock to buy ahead

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