News und Analysen

• The announcement that PayPal launched its own US dollar-backed stablecoin was met with mixed reactions.
• To address the questions around why PayPal has launched PYUSD, FXC Intelligence has today

10y tested the top at 4.33%, and retreated back to the 4.23% support – but S&P 500 kept declining yesterday. The dollar and real assets were though less determined to move correspondingly, which

If anything, 10y proved it doesn‘t want to top yet at 4.28%, and all the relief rallies in S&P 500 and Nasdaq failed. Orderly day of selling is the proper conclusion when looking at the daily

Key Points

• Meta’s pivot to AI, away from the Metaverse, has resulted in triple-digit 2023 price growth.
• After a long rally, the stock’s current pullback could offer a new buy point.
• Wall

Searches for ‘delete Snapchat’ explode 1,019% as controversial ‘My AI’ feature terrifies users after posting stories and ignoring messages  

Online Searches For Delete Snapchat Skyrocket

Similarly to Thu CPI, S&P 500 couldn‘t maintain a modest retracement following the disappointing manufacturing data, but still strong retail sales. Tech failed to react to the reversal in yields

Key Points

• Uruguay-based MercadoLibre boasts a bullish chart and stellar earnings estimates.  Analysts expect earnings to more than double this year. 
• MercadoLibre’s Q2 fintech revenue

S&P 500 made that tech driven upswing I cautioned you yesterday about, only to keep declining overnight in preparation for retail sales and Emire State manufacturing data. I don‘t see them as

PPI above expectations – 0.3% as I predicted – made stocks move higher only to give up all premarket gains, and some. Rotations didn‘t disappoint me – they were weak. What was disappointing, is

Crypto stocks have been on a tear since the beginning of the year.

Coinbase (NASDAQ:COIN) is up well over 250%.

Bitcoin mining stocks like Riot Platforms, Inc. (NASDAQ:RIOT) and Marathon

Feeling stuck in a savings rut despite your penny-pinching strategies? Wondering if some age-old financial wisdom is misleading you?

Unfortunately, personal finance is a subject that receives

Granite city, U.S. Outlying Islands, August 14th, 2023, Chainwire

BTCX Token, a revolutionary platform inspired by the rebranding of Twitter and the visionary influence of Elon Musk, has secured

3.2% CPI provided enough fuel for an opening S&P 500 spike above 4,535, but the tech-led rally fizzled out without reaching 4,565, which would make a good shorting area (if exhausted there)

Yesterday‘s S&P 500 downswing didn‘t last even though the sellers came back strongly before the day was over. Bonds though have recovered, 10y yield is sitting at 4% – the interest rate sensitive

S&P 500 reversed mid session, but it would be premature to call for the end of the correction – odds are that following today‘s rebound, which I saw as likely to stall in the 4,535 area as easy

• Online prices dropped 1.6% compared with July 2022, and 0.9% from June 2023
• Grocery price increases have now slowed for 10 consecutive months
• Categories including appliances

S&P 500 did the compulsory little rebound yesterday – one I didn‘t trust from the get go, yet maxed it out for subscribers enjoying also the Intraday Signals. Stocks had been gradually

Quotes from Neil Barbour, associate research analyst at S&P Global Market Intelligence:

“The renewed video game M&A deal activity came as a bit of a surprise as it arrived amid a legal battle

LOS ANGELES, United States, August 8th, 2023, Chainwire

Xsolla, a global video game commerce company, and global cryptocurrency platform Crypto.com have announced a partnership for the integration

Kai Cenat Liable For Harms in NYC Giveaway; He Was Obviously Negligent, Injuries and Damages Were Foreseeable

Kai Cenat May Be Found Legally Liable For Injuries And Property Damage

S&P 500 couldn‘t keep the fine rebound as all eyes were on “good that the job market is still OK, but maybe the Fed would stop hiking now” interpretation of weaker than expected non-farm payrolls