Ether (ETH) rose 11.3% between Nov. 28 and Dec. 5, peaking at $1,300 before facing a 4.6% rejection. The $1,300 resistance level has held for twenty-six days and is the most likely explanation for the correction to $1,240 on December 6th. Ether/USD price index, 12 p.m. Source: Trading View So on the one hand, traders …
3 Reasons Why Ethereum Price Keeps Rejecting at the $1,300 Level Read More »
New data from the Bureau of Economic Analysis (BEA) has revealed that Americans are slowing their savings, despite an increase in their income. Personal income rose $155.3 billion (0.7%) in October, according to the bureau’s estimates, and personal disposable income (DPI) rose $132.9 billion (0.7%) . The downside: increased income has not translated into greater …
Buying a used car remains expensive even though supply chain bottlenecks have eased, bringing the average loan size to $28,506. Consumers still rely heavily on financing for car purchases, and the average loan size rose 8.59% year-on-year, according to credit rating firm Experian. There are still some glimmers. “Since the beginning of the inventory shortage, …
The stock market has spat at times over the past three weeks, but statements from Federal Reserve Chairman Jerome Powell on Wednesday prompted the S&P 500 SPX, -0.09% jump above a technical resistance level at 4030 points. The benchmark is now challenging the downward 200-day moving average (MA) and the trendline that defines the bear …
The S&P 500 is about to cross a level that could spell the end of the bear market Read More »
The stock market has spat at times over the past three weeks, but statements from Federal Reserve Chairman Jerome Powell on Wednesday prompted the S&P 500 SPX, -0.09% jump above a technical resistance level at 4030 points. The benchmark is now challenging the downward 200-day moving average (MA) and the trendline that defines the bear …
The S&P 500 is about to cross a level that could spell the end of the bear market Read More »
Dow Jones futures were little changed overnight, as were S&P 500 and Nasdaq futures. Salesforce.com headlined earnings overnight, but investors will focus on Thursday’s PCE inflation report after Fed chief Jerome Powell sparked a tech-led stock market rally on Wednesday . X The pace of rate hikes could start to slow at the December meeting, …
Sales of electric vehicles in China are expected to increase in a seasonal November, with Nio (NIO) is poised to rebound as supply headwinds ease and new models surge. XPeng (XPEV) surged on Wednesday, driving Chinese electric vehicle stocks sharply higher after a better-than-expected fourth-quarter delivery outlook. More signs emerged on Wednesday of a shift …
China EV stocks rise above key level as Great Overhang begins to lift Read More »
Brussels is rushing to finalize the proposed price cap for Russian oil shipments in the coming days after EU governments clashed over the level of the cap and whether to tie it to a series of more sanctions wide. The EU struggled to settle its differences over the weekend as it tried to stay ahead …
EU in race to settle differences over Russian oil price cap level Read More »
personal finance app market The latest independent research paper on Global Personal Finance Apps examines investments in the market. It describes how companies deploying these technologies in various industry verticals aim to explore their potential to become major disruptors. The Personal Finance Applications study eludes valuable strategic reviews and assessments, including generic market trends, emerging …
Personal Finance Apps Market Reaches New Level | Venmo, Mint, Wally, Doxo Read More »
