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Volatility Views: UVXY Is Cool Again
Podcast By:
The Options Insider
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Sunday, May 30, 2021 6:21 PM EDT
This podcast episode discusses various topics, such as when to switch to a post-COVID-19 regime and what the best trades of the week were.
EUR/USD Forecast: June 2021
Article By:
Christopher Lewis
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Sunday, May 30, 2021 5:56 PM EDT
The euro had a slightly bullish month for May, but it has struggled to continue going higher. Because of this, I think the market looks likely to get a little bit of a short-term pullback.
Crypto Coins That Can Be Staked
Article By:
Crypto Adventure
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Sunday, May 30, 2021 5:43 PM EDT
Investors should select the best coin to stake from the many given in the cryptocurrency market. Although there are tons of coins available, only a small number of them can guarantee you reliability and profits in the long-term.
Forex Weekly Outlook May 31-June 4 – US PMIs, Nonfarm Payrolls Eyed
Article By:
Yohay Elam
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Sunday, May 30, 2021 5:12 PM EDT
The US and UK continue to show strong growth, and Europe is also showing improvement. We’ll get a look at US PMIs and nonfarm payrolls this week. As well, the eurozone and Germany release CPI, and Canada publishes GDP and job numbers.
Tesla Rival Rivian Selects Underwriters For IPO, Could Seek $70B Valuation
Article By:
Benzinga
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Sunday, May 30, 2021 4:55 PM EDT
Amazon.com, Inc-backed Rivian Automotive Inc has selected underwriters for an initial public offering. The California-based automaker, which is also backed by Ford Motor Company, could seek a valuation of about $70 billion when it goes public.
The Week In SPAC News - Sunday, May 30
Article By:
The Fly
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Sunday, May 30, 2021 4:14 PM EDT
In SPAC news this week, Acorns Grow Inc. announced that it has entered into a definitive business combination agreement with Pioneer Merger Corp., while a connected car startup backed by General Motors and Palantir is also choosing the SPAC route.
Is Dogecoin A Fad Of Short-Term Crypto Trading Fashion?
Article By:
Crypto Adventure
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Sunday, May 30, 2021 4:00 PM EDT
The internet is currently a buzz over Dogecoin, although this could just be a fad of short-term trading. Let’s dig a little deeper into Dogecoin and short-term cryptocurrency trading.
USD/CAD Forecast May 31-June 4 – Will Canada GDP Boost Canadian Dollar?
Article By:
Yohay Elam
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Sunday, May 30, 2021 3:37 PM EDT
The Canadian dollar was almost unchanged last week, as USD/CAD remained in 1.20-territory. There are four releases in the upcoming week, including GDP. Here is an outlook for the highlights and an updated technical analysis for USD/CAD.
Ulta Rallies On Q1 Earnings: 2 Analyst Takes
Article By:
Benzinga
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Sunday, May 30, 2021 3:24 PM EDT
Ulta Beauty, Inc. stock closed more than 5% higher Friday after the beauty retailer posted a first-quarter beat and raise, with $1.9 billion in net sales — up 65.2% from $1.2 billion a year earlier and beating the $1.64 billion Street estimate.
Silver: Time Is On Your Side
Article By:
Florian Grummes
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Sunday, May 30, 2021 3:15 PM EDT
We've seen an impressive acceleration of exposure to gold by funds, financial institutions, and even pension funds in recent times. With gold rising to the forefront, silver will follow closely. Silver, time is on your side.
Consolidation Ahead
Article By:
Andre Gratian
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Sunday, May 30, 2021 2:59 PM EDT
At the daily level, SPX is showing the deceleration pattern which precedes a minor top. During the past two days, the index crawled to a fractional new high, but each day it failed to retain its daily gain and it pulled back at the end of the day.
US Major Indexes Consolidate Into Sideways/Flagging Pattern – Watch For Aggressive Trending Soon
Article By:
Chris Vermeulen
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Sunday, May 30, 2021 2:44 PM EDT
Over the past few weeks, the US major indexes have consolidated into a sideways price channel. This is most obvious on the Nasdaq and SPY charts, as we’ve seen moderately deep pullbacks through the months of April/May 2021.
EUR/USD Forecast May 31-June 4 – Investors Eye PMIs, Inflation
Article By:
Yohay Elam
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Sunday, May 30, 2021 2:28 PM EDT
EUR/USD was almost unchanged last week, as the pair ended the week just shy of the 1.22 line. There are six releases in the upcoming week. Here is an outlook at the highlights and an updated technical analysis for EUR/USD.