The gold market may be stuck around $1,850 an ounce; however, retail investors don't appear to be giving up on the precious metal just yet. According to Spectrum Markets, a European-based securitized derivatives trading platform, bullish sentiment in the gold market reached a record high last month among retail investors. The...
Stock futures moved slightly higher on Thursday evening ahead of a highly anticipated inflation report. Futures tied to the Dow Jones Industrial Average added 43 points, or a little over 0.1%. Those for the S&P 500 and Nasdaq 100 gained about 0.1% each. Before the opening bell on Friday, investors will...
Bitcoin (BTC) wicked through $30,000 during June 9 as the Wall Street open revealed an ongoing stocks correlation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader sees "relief" from US CPI print Data from Cointelegraph Markets Pro and TradingView showed BTC/USD threatening to head lower as the S&P 500 likewise opened with modest losses. The pair had...
Bitcoin (BTC) briefly broke above $32,000 on May 31, but the excitement lasted less than four hours after the resistance level proved to be tougher than expected. The $32,300 level represented a 20% increase from the May 12 swing low at $27,000 and it provided the necessary hope for...
Since May 10, the Bitcoin (BTC) chart shows a relatively tight range of price movement and the cryptocurrency has failed to break the $32,000 resistance on multiple occasions. BTC-USD 12-hour price at Coinbase. Source: TradingView ...
Bitcoin (BTC) left both long and short traders behind in May and June, but data suggests trading it may be “easier” than many imagine. According to on-chain analytics resource Whalemap, Bitcoin whales have all but dictated market...
We are live on Wednesday at Piper Sandler’s Global Exchange Conference, where the heads of major exchanges, trading desks, fintech and crypto firms will be gathered (both physically and remotely). Speakers include Interactive Brokers CEO Thomas Peterffy, Robinhood CEO...
U.S. stocks dropped on Wednesday, with the S&P 500 and Dow giving back gains after rising for back-to-back sessions. The S&P 500 fell over 1% on Wednesday, while the Dow and S&P 500 both lost more than...
J.P. Morgan’s Marko Kolanovic predicts oil is surging higher — but so are stocks. Kolanovic, who serves as the firm’s chief global markets strategist and co-head of global research, believes the U.S. economy is strong enough to handle oil prices as high as $150 a barrel. “There could be some potential...
U.S. Treasury yields retreated on Tuesday morning as investors continue to assess inflation, with key data out later in the week. The yield on the benchmark 10-year Treasury note slid more than 5 basis points to 2.986%, having surpassed its highest level in almost a month on Monday, while the...
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