Author: Investor Empires
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Dip buyers continue to wade into equitie, commodities and crypto
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Market sentiment continues to improve after early pullback. US traders have managed to stabilize the market after the worst day in Japanese stock market history. The market is trying to digest the decline in carry trades and the rapid and widespread deleveraging in an uncertain economy. Helping to improve the…
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Bitcoin RSI Goes Bearish For The First Time Since August 2023, Will It Crash Below $40,000?
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The Relative Strength Index (RSI) is an important indicator for any cryptocurrency, and Bitcoin is no different. Since the leading cryptocurrency has been around for so long, the abundance of data makes it possible to use this indicator to try to determine which direction the price might head next. This…
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Nvidia stock tanks as Magnificent 7 shares see worst market cap loss ever
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Nvidia (NVDA) shares fell about 8% in early trading as Magnificent 7 shares saw their worst intraday market value loss ever during Monday’s market rout. As of 10:00 a.m. ET, the MAG 7 Group’s market cap has fallen by more than $860 billion. Together, MAG 7 shares make up about…
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Carlyle Q2 profit misses, shares drop amid market sell-off By Reuters
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By Echo Wang NEW YORK (Reuters) – A private equity firm The Carlyle Group General Electric Co. (NASDAQ:GE) reported a larger-than-expected 11.7% year-over-year decline in distributable profit in the second quarter on Monday, as record revenue from management and transaction fees failed to offset a big drop in performance fees.…
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Buy signal flashes for DOGE and RBLK but confidence fades for NEAR
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. As Dogecoin gains momentum in the memecoin space, analysts expect Rollblock to outperform with a potential 200x return in 2024. In the wild memecoin market, dog-themed cryptocurrencies have proven to…
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Walmart is in the spotlight as investors eye defensive names amid market turmoil
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Various photography/iStock Editorial via Getty Images Walmart (New York:WMT) barely moved in early trading Monday, despite a global selloff that rattled investors. The carnage began in Japan, where the Nikkei 225 index plunged 13.2% in its worst session since the 2011 Fukushima nuclear meltdown. Adding to the concerns The Bank…
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Dollar slumps on recession fears; yen, Swiss franc benefit By Investing.com
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Investing.com – The U.S. dollar fell sharply on Monday amid concerns over U.S. economic growth, with strong demand for the safe-haven Swiss franc and Japanese yen. At 08:45 ET (12:45 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down 0.9% at 102.100,…
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Crypto Market Crash Isn’t As Bad As It Seems: Analyst
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Bitcoin and crypto markets are currently experiencing one of their worst days since the FTX collapse in November 2022. On Binance, Bitcoin has dropped to $49,000, marking a massive 15% collapse over the past 24 hours. Similarly, Ethereum is down 20.4%, Binance Coin (BNB) is down 20.0%, Solana (SOL) is…
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Donald Trump admits EV flip-flop was a quid-pro-quo to secure Elon Musk’s support
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Republican presidential candidate Donald Trump has admitted that he has softened his staunch opposition to electric cars in order to win the endorsement of billionaire Tesla CEO Elon Musk. The former president, known for his transactional politics, championed an economic agenda that relied heavily on cheap and abundant energy through…
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Why “Expectancy” Matters More Than Your Win Ratio
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When reviewing your trading performance, do you focus primarily on win rate or expectancy? Win ratio simply looks at the number of times you win versus the number of trades you make. How many times have you made the right call? This may seem like an important question, but if…
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Bitcoin Dips Below $50K as Global Market Crashes
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the Bitcoin price Bitcoin prices fell below $50,000 on Monday, hitting their lowest levels in more than six months amid a broad sell-off in the global market. broke down: #Bitcoin Drops below $50,000 pic.twitter.com/11og9GoSyi — Bitcoin Magazine (@BitcoinMagazine) August 5, 2024 Bitcoin fell about 20% to around $49,000 before recovering…
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Bitcoin Dips Below $50K as Global Market Crashes
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the Bitcoin price Bitcoin prices fell below $50,000 on Monday, hitting their lowest levels in more than six months amid a broad sell-off in the global market. broke down: #Bitcoin Drops below $50,000 pic.twitter.com/11og9GoSyi — Bitcoin Magazine (@BitcoinMagazine) August 5, 2024 Bitcoin fell about 20% to around $49,000 before recovering…
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US steps up pressure on Kenya over graft, civil liberties
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The Biden administration has stepped up pressure on Kenya to step up its fight against corruption and protect civil liberties as talks continue on a bilateral trade agreement between the two countries. Washington has sent a senior democracy and human rights official to Nairobi amid widespread reports of violations of…
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ForexLive European FX news wrap: Broader market selloff intensifies to start the week
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headlines: Markets: Japanese Yen Advances, Australian Dollar Lags During the Day European stocks fell about 3% across the board; S&P 500 futures fell 3.2%. The yield on the 10-year US Treasury note fell 7.7 basis points to 3.719%. Gold falls 2.4% to $2,384.72 West Texas Intermediate crude fell 1.9% to…
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Market Nosedive Leads To 30% Wipe In Value
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MATIC bulls mishandled the market panic that turned the correction phase into a sharp decline. Latest Market data shows that MATIC has been hit hard, with its value down 33% since last week. The hostile market environment and Macroeconomic concerns These problems continue to undermine the broader financial world. Related…
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£4bn lost to fraud and error on flagship HMRC ‘innovation’ scheme
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A government scheme designed to boost innovation and boost the economy has lost more than £4 billion to fraud and error since 2020, due to widespread breaches. The R&D tax credit scheme, which aims to drive world-leading innovation, has been dogged by dubious claims and has turned into what experts…
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Bathed in a sea of red By Reuters
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(Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Asian stock markets have been in a sea of losses as investors flee risk and many crowded trades are being unwound in a disorderly manner. Popular positions from yen to cryptocurrency are being hastily…
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Bitcoin Crashes Below $53K Amid Global Market Turmoil
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Image source: cryptopolitan The cryptocurrency market has seen a significant decline in recent days, with Bitcoin (BTC), the leading digital asset, Sharp drop below $53,000 This sudden disruption in the cryptocurrency market sent shockwaves through the entire cryptocurrency ecosystem, wiping out over $800 million in liquidated positions across the market.…
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Bitcoin Crashes Below $53K Amid Global Market Turmoil
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Image source: cryptopolitan The cryptocurrency market has seen a significant decline in recent days, with Bitcoin (BTC), the leading digital asset, Sharp drop below $53,000 This sudden disruption in the cryptocurrency market sent shockwaves through the entire cryptocurrency ecosystem, wiping out over $800 million in liquidated positions across the market.…