Bitcoin (BTC) Became Volatile After The SEC Approved Bitcoin ETF: BTCUSD Technical Analysis
Recently, the SEC approved ten other applications and declared the registration statement for BlackRock's spot Bitcoin ETF effective.
USD Liquidity Conditions Index and its Impact on Bitcoin Price
How has the Fed's reckless rate hikes led to a broader increase in financial liquidity in risky markets? Bitcoin prices may not be directly correlated to Fed rate hikes, but they must be strongly correlated to USD Liquidity.
Bitcoin (BTC) Outlook 2024
Analyzing Bitcoin's 2024 price prospects: regulatory evolution, expert projections, and market dynamics.
Bitcoin Crashed 8% In A Day: BTCUSD Technical Analysis
On Thursday, Bitcoin (BTC) showed substantial volatility, with a short squeeze. The price of Bitcoin experienced a significant 8% surge, surpassing psychological milestones of $36,000.00 and $37,000.00 en route to an intra-day high of over $38,400.
Bitcoin's Volatile Path
Analyzing Bitcoin's technical trends and anticipating future price movements.
Bitcoin's Surge Reveals the Power of Sentiment Cycles
Bitcoin (BTC) has been very volatile lately. There is a lot of market speculation as to why, but how do sentiment cycles affect bitcoin?
Bitcoin's Soaring Ascent
Bitcoin's (BTC) recent resurgence and the anticipation of Bitcoin ETF approval are indicative of a significant shift in the cryptocurrency landscape.
Can Bitcoin (BTCUSD) Move Higher After ETF Approval?
While technical indicators show bullish pressure in the BTCUSD price, on-chain metrics indicate a consolidation.
Bitcoin's Weekly Outlook
An Analysis of Technical Trends, Macroeconomic Forces, and Global Events Shaping Bitcoin Price.
Is Bitcoin A Buy After The Recent Whale Accumulation?
As per the recent data from Santiment, the number of large Bitcoin wallets has increased by 8.1% in the last 20 months.
Market Wrap & Trading Signals Today!-10/12/2023
On Wednesday, U.S. stocks advanced further. The Dow Jones Industrial Average rose 65 points (+0.19%) to 33,804, the S&P 500 gained 18 points (+0.43%) to 4,376, and the Nasdaq 100 was up 109 points (+0.72%) to 15,241.
Deciphering Bitcoin's Weekly Outlook
An Analysis of Technical Trends, Macroeconomic Forces, and Global Events Shaping Bitcoin's Price.
Market Wrap & Trading Signals Today!-10/11/2023
On Tuesday, U.S. stocks closed higher for a second session. The Dow Jones Industrial Average rose 134 points (+0.40%) to 33,739, the S&P 500 gained 22 points (+0.52%) to 4,358, and the Nasdaq 100 was up 84 points (+0.56%) to 15,131.
Market Wrap & Trading Signals Today!-10/10/2023
On Monday, U.S. stocks once again posted an intraday reverse to the upside. The Dow Jones Industrial Average closed 197 higher (+0.59%) at 33,604, the S&P 500 rose 27 points (+0.63%) to 4,335, and the Nasdaq 100 was up 73 points (+0.49%) to 15,047.
Market Wrap & Trading Signals Today!-10/09/2023
On Friday, U.S. stocks pared losses seen at the open, which were triggered by "blowout" jobs data, to close sharply higher. The Dow Jones Industrial Average rose 288 points (+0.87%) to 33,407, the S&P 500 climbed 50 points (+1.18%) to 4,308, and the Nasdaq 100 jumped 250 points (+1.70%) to 14,973.
Market Wrap & Trading Signals Today!-10/06/2023
On Thursday, U.S. stocks narrowed losses to close slightly lower. The Dow Jones Industrial Average declined 9 points (-0.03%) to 33,119, the S&P 500 dipped 5 points (-0.13%) to 4,258, and the Nasdaq 100 was down 53 points (-0.36%) to 14,723.
Market Wrap & Trading Signals Today!-10/05/2023
On Wednesday, U.S. stocks rebounded following a sharp sell-off in the prior session. The Dow Jones Industrial Average rose 127 points (+0.39%) to 33,129, the S&P 500 climbed 34 points (+0.81%) to 4,263, and the Nasdaq 100 jumped 210 points (+1.45%) to 14,776.
Market Wrap & Trading Signals Today!-10/04/2023
On Tuesday, U.S. stocks encountered a broad-based sell-off, as higher-than-expected job openings fueled expectations that the central bank would keep interest rates high.
Market Wrap & Trading Signals Today!-10/03/2023
On Monday, U.S. stocks closed mixed as Treasury yields surged. The Dow Jones Industrial Average fell 74 points (-0.22%) to 33,433, while the S&P 500 was little changed at 4,288, and the Nasdaq 100 rose 122 points (+0.83%) to 14,837.
Market Wrap & Trading Signals Today!-10/02/2023
On Friday, U.S. stocks pared gains to close mixed in the last trading day of September as well as the third quarter. The Dow Jones Industrial Average fell 158 points (-0.47%) to 33,507, the S&P 500 dropped 11 points (-0.27%) to 4,288, while the Nasdaq 100 edged up 12 points (+0.08%) to 14,715.
Bitcoin (BTC) and the Potential Impact of ETF Approvals
The world of cryptocurrency investment is teetering on the edge of a monumental transformation with the looming possibility of Bitcoin ETFs receiving approval from the SEC.
Market Wrap & Trading Signals Today!-09/28/2023
On Wednesday, major U.S. stock indexes closed mixed after a volatile session. The Dow Jones Industrial Average declined 68 points (-0.20%) to 33,550, while the S&P 500 edged up less than one point to 4,274, and the Nasdaq 100 gained 34 points (+0.24%) to 14,580.
Market Wrap & Trading Signals Today!-09/27/2023
On Tuesday, U.S. stocks fell sharply pushing the major stock indexes to their lowest closing levels in over three months. The Dow Jones Industrial Average slid 388 points (-1.14%) to 33,618, the biggest one-day percentage drop since March.
Market Wrap & Trading Signals Today!-09/26/2023
On Monday, U.S. stocks closed with modest gains despite pressure exerted by rallying Treasury yields. The Dow Jones Industrial Average rose 43 points (+0.13%) to 34,006, the S&P 500 climbed 17 points (+0.40%) to 4,337, and the Nasdaq 100 was up 67 points (+0.46%) to 14,768.
Market Wrap & Trading Signals Today!-09/25/2023
On Friday, U.S. stocks gave up gains seen earlier in the session. The Dow Jones Industrial Average closed 106 points lower (-0.31%) at 33,963, the S&P 500 fell 9 points (-0.23%) to 4,320, while the Nasdaq 100 managed to gain 6 points (+0.05%) to 14,701.
Market Wrap & Trading Signals Today!-09/22/2023
On Thursday, U.S. stocks ended sharply lower posting a three-session decline, thanks to the Federal Reserve showing a more hawkish stance on interest rates.
Market Wrap & Trading Signals Today!-09/21/2023
On Wednesday, U.S. stocks closed lower after the Federal Reserve kept interest rates steady. The Dow Jones Industrial Average fell 76 points (-0.22%) to 34,440, the S&P 500 dropped 41 points (-0.94%) to 4,402, and the Nasdaq 100 tumbled 221 points (-1.46%) to 14,969.
Market Wrap & Trading Signals Today!-09/20/2023
On Tuesday, U.S. stocks closed lower ahead of the Federal Reserve's rate decision scheduled for Wednesday. The Dow Jones Industrial Average fell 106 points (-0.31%) to 34,517, the S&P 500 declined 9 points (-0.22%) to 4,443, and the Nasdaq 100 was down 34 points (-0.22%) to 15,191.
Market Wrap & Trading Signals Today!-09/19/2023
On Monday, U.S. stocks closed slightly higher after a volatile session. The Dow Jones Industrial Average edged up 6 points (+0.02%) to 34,624, the S&P 500 added 3 points (+0.07%) to 4,453, and the Nasdaq 100 was up 22 points (+0.15%) to 15,225.
Market Wrap & Trading Signals Today!-09/18/2023
On Friday, U.S. stocks reversed to the downside. The Dow Jones Industrial Average fell 288 points (-0.83%) to 34,618, the S&P 500 dropped 54 points (-1.22%) to 4,450, and the Nasdaq 100 slumped 271 points (-1.75%) to 15,202.
Market Wrap & Trading Signals Today!-09/15/2023
On Thursday, U.S. stocks closed sharply higher. The Dow Jones Industrial Average rose 331 points (+0.96%) to 34,907, the S&P 500 climbed 37 points (+0.84%) to 4,505, and the Nasdaq 100 was up 125 points (+0.82%) to 15,473.
Market Wrap & Trading Signals Today!-09/14/2023
On Wednesday, U.S. stocks showed resilience despite higher-than-expected inflation data. The S&P 500 climbed 5 points (+0.13%) to 4,467, the Nasdaq 100 gained 58 points (+0.38%) to 15,348, while the Dow Jones Industrial Average declined 70 points (-0.20%) to 34,575.
Market Wrap & Trading Signals Today!-09/13/2023
On Tuesday, U.S. stocks came under pressure ahead of closely-watched inflation data to be released on Wednesday. The Dow Jones Industrial Average dipped 17 points (-0.05%) to 34,645, the S&P 500 fell 25.56 points (-0.57%) to 4,461, and the Nasdaq 100 slid 172 points (-1.11%) to 15,289.
Market Wrap & Trading Signals Today!-09/12/2023
On Monday, U.S. stocks kicked off the trading week on a positive note. The Dow Jones Industrial Average rose 87 points (+0.25%) to 34,663, the S&P 500 gained 29 points (+0.67%) to 4,487, and the Nasdaq 100 jumped 181 points (+1.19%) to 15,461.
Market Wrap & Trading Signals Today!-09/11/2023
On Friday, U.S. stocks closed slightly higher. The Dow Jones Industrial Average rose 75 points (+0.22%) to 34,576, the S&P 500 gained 6 points (+0.14%) to 4,457, and the Nasdaq 100 was up 21 points (+0.14%) to 15,280.
Market Wrap & Trading Signals Today!-09/08/2023
On Thursday, U.S. stocks closed mixed. The Dow Jones Industrial Average gained 57.54 points (+0.17%) to 34,500, while the S&P 500 fell 14 points (-0.32%) to 4,451, and the Nasdaq 100 slid 112 points (-0.73%) to 15,258.
Market Wrap & Trading Signals Today!-09/07/2023
On Wednesday, U.S. stocks traded lower, as stronger-than-expected services sector data boosted expectations of interest rates remaining higher for longer. The Dow Jones Industrial Average fell 198 points (-0.57%) to 34,443, the S&P 500 dropped 31.35 points (-0.70%) to 4,465, and the Nasdaq 100 sank 136 points (-0.88%) to 15,371.
Market Wrap & Trading Signals Today!-09/06/2023
On Tuesday, major U.S. stock indexes closed mixed. The Dow Jones Industrial Average fell 195 points (-0.56%) to 34,641, the S&P 500 declined 18 points (-0.42%) to 4,496, while the Nasdaq 100 closed 17 points higher (+0.11%) at 15,508.
Market Wrap & Trading Signals Today!-09/05/2023
On Monday, U.S. markets were closed for the Labor Day holiday.Meanwhile, global market sentiment improved on expectations that the U.S. Federal Reserve could pause rate hikes, and that China would launch more stimulus policies to boost the country's faltering economy.
Market Wrap & Trading Signals Today!-09/04/2023
On Friday, U.S. stock markets closed mixed. The Dow Jones Industrial Average rose 115 points (+0.33%) to 34,837, the S&P 500 gained 8 points (+0.18%) to 4,515, while the Nasdaq 100 dipped 10 points (-0.07%) to 15,490.
Market Wrap & Trading Signals Today!-09/01/2023
On Thursday, U.S. stocks closed mixed. The Dow Jones Industrial Average declined 168 points (-0.48%) to 34,721, the S&P 500 fell 7 points (-0.16%) to 4,507, while the Nasdaq 100 rose 38 points (+0.25%) to 15,501 posting a five-session rally.
Market Wrap & Trading Signals Today!-08/31/2023
On Wednesday, U.S. stocks extended their rally to a fourth session. The S&P 500 rose 17 points (+0.38%) to 4,514, the Nasdaq 100 gained 85 points (+0.56%) to 15,462, and the Dow Jones Industrial Average was up 37 points (+0.11%) to 34,890.
Market Wrap & Trading Signals Today!-08/30/2023
On Tuesday, U.S. stocks rallied for a third session. The S&P 500 climbed 64 points (+1.45%) to 4,497, the Nasdaq 100 jumped 324 points (+2.15%) to 15,376, and the Dow Jones Industrial Average traded 292 points (+0.85%) higher to 34,852.
Market Wrap & Trading Signals Today!-08/29/2023
On Monday, U.S. stocks rebounded for a second session. The S&P 500 gained 27 points (0.63%) to 4,433, the Nasdaq 100 rose 110 points (0.74%) to 15,052, and the Dow Jones Industrial Average was up 213 points (0.62%) to 34,559.
Market Wrap & Trading Signals Today!-08/28/2023
On Friday, U.S. stocks concluded on a higher note following a volatile trading session. The Dow Jones Industrial Average rose 247 points (+0.73%) to 34,346, the S&P 500 climbed 29 points (+0.67%) to 4,405, and the Nasdaq 100 jumped 125 points (+0.85%) to 14,941.
Market Wrap & Trading Signals Today!-08/25/2023
On Thursday, U.S. indices closed under pressure despite a positive opening to the trading session. The S&P 500 declined 60 points (-1.35%) to 4,376, the Nasdaq 100 slid 332 points (-2.19%) to 14,816 and the Dow Jones Industrial Average dropped 374 points (-1.08%) to 34,099. Investors are keenly awaiting Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole Symposium later today.
Market Wrap & Trading Signals Today!-08/24/2023
On Wednesday, U.S. stocks closed in positive territory as the S&P 500 rose 49 points (+1.11%) to 4,436, the Nasdaq 100 jumped 239 points (+1.6%) to 15,148 and the Dow Jones Industrial Average gained 184 points (+0.54%) to 34,472.
Market Wrap & Trading Signals Today!-08/23/2023
On Tuesday, U.S. stocks closed lower as the S&P 500 fell 12 points (-0.28%) to 4,387, the Nasdaq 100 dropped 28 points (-0.19%) to 14,908 and the Dow Jones Industrial Average slid 175 points (-0.51%) to 34,288.
Market Wrap & Trading Signals Today!-08/22/2023
On Monday, U.S. stocks closed mostly in positive territory, as the S&P 500 rose 30 points (+0.69%) to 4,399 and the Nasdaq 100 jumped 242 points (+1.65%) to 14,936, while the Dow Jones Industrial Average fell 37 points (-0.11%) to 34,463.
Market Wrap & Trading Signals Today!-08/21/2023
On Friday, U.S. indices were mixed after consecutive choppy sessions, as the S&P 500 fell 1 point (-0.01%) to 4,369, the Nasdaq 100 slid 21 points (-0.14%) to 14,694, while the Dow Jones Industrial Average gained 26 point (+0.07%) to 34,500. For the whole week, the three indices dropped more than 2.00%.
Market Wrap & Trading Signals Today!-08/18/2023
On Thursday, U.S. stocks closed in negative territory for a third consecutive trading session amid growing concerns on additional Fed rate hikes. The S&P 500 slid 34 points (-0.77%) to 4,370, the Nasdaq 100 declined 161 points (-1.08%) to 14,715 and the Dow Jones Industrial Average slid 291 points (-0.84%) to 34,474.
Market Wrap & Trading Signals Today!-08/17/2023
On Wednesday, U.S. stocks closed lower as the S&P 500 recorded losses of 33 points (-0.76%) to 4,404, the Nasdaq 100 dropped 161 points (-1.07%) to 14,876 and the Dow Jones Industrial Average declined 180 points (-0.52%) to 34,765.
Market Wrap & Trading Signals Today!-08/16/2023
On Tuesday, major U.S. indices were under pressure as the Chinese yuan slid to a 9-month low against the dollar, while Fitch ratings said it may have to slash the credit ratings of more U.S. banks. The S&P 500 declined 52 points (-1.16%) to 4,437, the Nasdaq 100 decreased 168 points (-1.10%) to 15,037 and the Dow Jones Industrial Average dropped 361 points (-1.02%) to 34,946.
Market Wrap & Trading Signals Today!-08/15/2023
On Monday, U.S. stocks closed in positive territory, the S&P 500 rose 25 points (+0.58%) to 4,489, the Nasdaq 100 gained 177 points (+1.18%) to 15,205 and the Dow Jones Industrial Average added 26 points (+0.07%) to 35,307.
Market Wrap & Trading Signals Today!-08/14/2023
On Friday, U.S. stocks were mixed as the S&P 500 fell 4 points (-0.11%) to 4,464 and the Nasdaq 100 declined 100 points (-0.67%) to 15,028, while the Dow Jones Industrial Average rose 105 points (+0.3%) to 35,281.
Market Wrap & Trading Signals Today!-08/11/2023
On Thursday, major U.S. stock indexes pared most of their gains seen earlier in the session to close slightly higher. The Dow Jones Industrial Average rose 52 points (+0.15%) to 35,176, the S&P 500 added 1 point (+0.03%) to 4,468, and the Nasdaq 100 was up 27 points (+0.18%) to 15,128.
Market Wrap & Trading Signals Today!-08/10/2023
On Wednesday, U.S. stocks fell ahead of closely-watched inflation data due later on Thursday. The Dow Jones Industrial Average fell 191 points (-0.54%) to 35,123, the S&P 500 dropped 31 points (-0.70%) to 4,467, and the Nasdaq 100 was down 171 points (-1.12%) to 15,101.
Market Wrap & Trading Signals Today!-08/09/2023
On Tuesday, U.S. stocks ended in negative territory, as sentiment was impacted by Moody's downgrading credit ratings of 10 small and mid-sized U.S. banks. The Dow Jones Industrial Average fell 158 points (0.45%) to 35,314, the S&P 500 dropped 19 points (0.42%) to 4,499, and the Nasdaq 100 was down 134 points (0.87%) to 15,273.
Market Wrap & Trading Signals Today!-08/08/2023
On Monday, U.S. stocks closed in positive territory. The Dow Jones Industrial Average jumped 407 points (1.16%) to 35,473, the biggest one-day gain since June 15. The S&P 500 rose 40 points (0.90%) to 4,518, and the Nasdaq 100 climbed 132 points (0.87%) to 15,407.
Is gold or bitcoin the best anti-inflationary asset when U.S. debt is downgraded?
Whether gold or bitcoin is the best anti-inflationary asset may not have been in bitcoin's favor over the past two years, but we can still leave some room for hope for bitcoin in the long run.
Market Wrap & Trading Signals Today!-08/07/2023
Friday's trading session saw U.S. stocks closing lower for the third consecutive session. The Dow Jones Industrial Average fell 150 points (-0.43%) to 35,065, the S&P 500 dropped 23 points (-0.53%) to 4,478, and the Nasdaq 100 was down 78 points (-0.51%) to 15,274.
Market Wrap & Trading Signals Today!-08/04/2023
On Thursday, major U.S. stock indexes closed lower for a second session. The Dow Jones Industrial Average fell 66 points (-0.19%) to 35,215, the S&P 500 dropped 11 points (-0.25%) to 4,501, and the Nasdaq 100 was down 17 points (-0.11%) to 15,353.
Market Wrap & Trading Signals Today!-08/03/2023
On Wednesday, U.S. stocks fell, impacted by an unexpected downgrade of the U.S. credit rating by Fitch Ratings. The Dow Jones Industrial Average slid 348 points (-0.98%) to 35,282, the S&P 500 dropped 63 points (-1.38%) to 4,513, and the Nasdaq 100 slumped 347 points (-2.21%) to 15,370.
Market Wrap & Trading Signals Today!-08/02/2023
On Tuesday, major U.S. stock indexes closed mixed. The Dow Jones Industrial Average rose 71 points (+0.20%) to 35,630, while the S&P 500 declined 12 points (-0.27%) to 4,576, and the Nasdaq 100 was down 38 points (-0.25%) to 15,718.
Market Wrap & Trading Signals Today!-08/01/2023
On Monday, U.S. stocks ended slightly higher at the last trading day of July. The Dow Jones Industrial Average rose 100 points (+0.28%) to 35,559, the S&P 500 gained 6 points (+0.15%) to 4,588, and the Nasdaq 100 was up 6 points (+0.04%) to 15,757.
Market Wrap & Trading Signals Today!-07/31/2023
On Friday, U.S. stocks advanced closed higher. The Dow Jones Industrial Average rose 176 points (+0.50%) to 35,459, the S&P 500 climbed 44 points (+0.99%) to 4,582, and the Nasdaq 100 was up 286 points (+1.85%) to 15,750.
Market Wrap & Trading Signals Today!-07/28/2023
On Thursday, U.S. stocks closed lower after a choppy session. The Dow Jones Industrial Average retreated 237 points (-0.67%) to 35,282 halting a 13-session rally, the longest one since 1987.
Market Wrap & Trading Signals Today!-07/27/2023
On Wednesday, major U.S. stock indexes closed mixed after the Federal Reserve's decision to raise interest rates by 25 basis points. The Dow Jones Industrial Average rose 82 points (+0.23%) to 35,520, extending its winning streak to a 13th session, the longest one since 1987.
Market Wrap & Trading Signals Today!-07/26/2023
On Tuesday, U.S. stocks advanced further ahead of the Federal Reserve's widely-expected 25-basis-point interest-rate hike. The Dow Jones rose 26 points (+0.08%) to 35,438, posting a 12-session rally, the longest one since February 2017.
Market Wrap & Trading Signals Today!-07/25/2023
On Monday, U.S. stocks closed higher. The Dow Jones Industrial Average rose 183 points (+0.52%) to 35,411, up 11 consecutive trading days, the longest winning streak in six years.The S&P 500 rose 18 points (+0.40%) to 4,554; the Nasdaq 100 gained 22 points (+0.14%) to 15,448.Stock sectors such as automobiles (+3.01%), banks (+1.77%) and energy (+1.66%) outperformed the broader market.
Market Wrap & Trading Signals Today!-07/24/2023
On Friday, U.S. stocks showed a lack of momentum. The Dow Jones Industrial Average edged up 2 points (+0.01%) to 35,227, the S&P 500 added 1 point (+0.03%) to reach 4,536, while the Nasdaq 100 declined 40 points (-0.26%) to 15,425.
Market Wrap & Trading Signals Today!-07/21/2023
Thursday brought a mix of results for U.S. stocks, with the Dow Jones Industrial Average gaining 163 points (+0.47%) to 35,225, marking an impressive nine-session winning streak. However, the S&P 500 fell 30 points (-0.68%) to 4,534, and the Nasdaq 100 took a significant hit, tumbling 360 points (-2.28%) to 15,466.
Market Wrap & Trading Signals Today!-07/20/2023
On Wednesday, major U.S. stock indexes closed mixed. The Dow Jones Industrial Average regained the level of 35,000 as it rose 109 points (+0.31%) to 35,061. The S&P 500 gained 10 points (+0.24%) to 4,565, while the Nasdaq 100 was down 15 points (-0.09%) to 15,826.
Market Wrap & Trading Signals Today!-07/19/2023
On Tuesday, U.S. stocks closed higher for a second session, driven by banks' strong quarterly results. The Dow Jones Industrial Average rose 366 points (+1.06%) to 34,951, the S&P 500 climbed 32 points (+0.71%) to 4,555, and the Nasdaq 100 was up 128 points (+0.82%) to 15,841.
Market Wrap & Trading Signals Today!-07/18/2023
On Monday, U.S. stocks closed higher as investors awaited the next round of quarterly corporate results. The Dow Jones Industrial Average rose 76 points (+0.22%) to 34,585 extending its winning streak to a sixth session. The S&P 500 climbed 17 points (+0.38%) to 4,522, and the Nasdaq 100 gained 147 points (+0.95%) to 15,713.
Market Wrap & Trading Signals Today!-07/21/2023
On Friday, major U.S. stock indexes closed mixed. The Dow Jones Industrial Average gained 113 points (+0.33%) to 34,509, while the S&P 500 declined 4 points (-0.10%) to 4,505, and the Nasdaq 100 dipped 6.38 points (-0.04%) to 15,565.
Market Wrap & Trading Signals Today!-07/14/2023
On Thursday, U.S. stocks closed in positive territory, as the latest producer inflation data reinforced expectations that the Federal Reserve is nearing the end of rate hikes cycle. The S&P 500 rose 37 points (+0.85%) to 4,509, the Nasdaq 100 jumped 264 points (+1.73%) to 15,571 and the Dow Jones Industrial Average added 47 points (+0.14%) to 34,395.
Market Wrap & Trading Signals Today!-07/13/2023
On Wednesday, U.S. stocks closed higher as the inflation rate eased further to its lowest level in more two years. The Nasdaq 100 led all indices, climbing 188 points (+1.24%) to 15,307, while the S&P 500 rose 33 points (+0.75%) to 4,472. Meanwhile, the Dow Jones Industrial Average added 86 points (+0.25%) to 34,347.
Market Wrap & Trading Signals Today!-07/12/2023
On Tuesday, U.S. stocks closed in the green for the second time this week ahead of key inflation data. The S&P 500 rose 29 points (+0.67%) to 4,439, the Nasdaq 100 climbed 73 points (+0.49%) to 15,119 and the Dow Jones Industrial Average jumped 317 points (+0.93%) to 34,261.
Bitcoin (BTC) Price Prediction and Analysis: To the Moon or Bust?
Examining macro fundamentals, adoption trends, and price catalysts propelling the price of BTC.
Market Wrap & Trading Signals Today!-07/11/2023
Wrapping up Monday's session, U.S. indices closed with gains as market participants eagerly anticipate upcoming inflation data, which is set to be delivered on Wednesday. The S&P 500 rose 10 points (+0.24%) to 4,409, the Nasdaq 100 added 8 points (+0.06%) to 15,045 and the Dow Jones Industrial Average increased 209 points (+0.62%) to 33,944.
Market Wrap & Trading Signals Today!-07/10/2023
Following newly released jobs data, U.S. stocks finished under pressure on Friday after a strong rally during the morning part of the session that was quickly subsided in afternoon trading. The S&P 500 fell 12 points (-0.29%) to 4,398, the Nasdaq 100 declined 52 points (-0.35%) to 15,036 and the Dow Jones slid 187 points (-0.55%) to 33,734.
Market Wrap & Trading Signals Today!-07/07/2023
On Thursday, U.S. indices closed under pressure after recent ADP employment data was higher than previously forecasted, alarming investors of potentially greater-than-expected policy tightening by the Federal Reserve. The S&P 500 fell 35 points (-0.79%) to 4,411, the Nasdaq 100 slid 114 points (-0.75%) to 15,089 and the Dow Jones Industrial Average dropped 366 points (-1.07%) to 33,922.
Market Wrap & Trading Signals Today!-07/06/2023
On Wednesday, U.S. indices lost ground after the S&P 500 slipped 8 points (-0.2%) to 4,446, the Nasdaq 100 fell 4 points (-0.03%) to 15,203 and the Dow Jones Industrial Average dropped 129 points (-0.38%) to 34,288.
Market Wrap & Trading Signals Today!-07/05/2023
AUD/USD gained 23 pips to 0.6696. The Reserve Bank of Australia kept its benchmark rate unchanged at 4.10%, while some have expected a rate hike of 25 basis points. The central bank said "some further tightening of monetary policy may be required to ensure that inflation returns to target in a reasonable timeframe, but that will depend upon how the economy and inflation evolve“
Market Wrap & Trading Signals Today!-07/04/2023
On Monday, U.S. stocks closed in the green following a shortened session ahead of the July 4th holiday. The S&P 500 rose 5 points (+0.12%) to 4,455, the Nasdaq 100 climbed 29 points (+0.19%) to 15,208 and the Dow Jones Industrial Average increased 10 points (+0.03%) to 34,418.
Market Wrap & Trading Signals Today!-07/03/2023
On Friday, U.S. stocks closed in the green after the S&P 500 rose 53 points (+1.22%) to 4,450, the Nasdaq 100 gained 239 points (+1.6%) to 15,179 and the Dow Jones Industrial Average climbed 285 points (+0.84%) to 34,407. Looking back at the performance of U.S. indices in the month of June, the S&P 500 gained 6.47%, the Dow Jones rose 4.56% and the Nasdaq 100 climbed 6.49%.
Market Wrap & Trading Signals Today!-06/30/2023
On Thursday, major U.S. stock indexes closed mixed. The Dow Jones Industrial Average rose 269 points (+0.80%) to 34,122, the S&P 500 climbed 19 points (+0.45%) to 4,396, while the Nasdaq 100 declined 24 points (-0.16%) to 14,939.
Market Wrap & Trading Signals Today!-06/29/2023
On Wednesday, major U.S. stock indexes were little changed. The Nasdaq 100 gained 18 points (+0.12%) to 14,964, while the S&P 500 dipped 1 point (-0.03%) to 4,377, and the Dow Jones Industrial Average was down 74 points (-0.22%) to 33,852.
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Bitcoin Trading entails having the proper information, skills and, above all, using the right platforms and tools.
Market Wrap & Trading Signals Today!-06/28/2023
On Tuesday, following better-than-expected economic data, U.S. indices finished in positive territory. The Dow Jones Industrial Average snapped a 6-day losing streak, climbing 212 points (+0.63%) to 33,926, the S&P 500 rose 49 points (+1.15%) to 4,378 and the Nasdaq 100 gained 256 points (+1.75%) to 14,945.
Market Wrap & Trading Signals Today!-06/27/2023
On Monday, U.S. stocks closed under pressure after the S&P 500 fell 19 points (-0.45%) to 4,328, the Nasdaq 100 slid 202 points (-1.36%) to 14,689 and the Dow Jones Industrial Average dropped 12 points (-0.04%) to 33,714.
Market Wrap & Trading Signals Today!-06/26/2023
On Friday, U.S. stocks closed under pressure after the S&P 500 declined 33 points (-0.77%) to 4,348, the Nasdaq 100 dropped 150 points (-1.00%) to 14,891 and the Dow Jones Industrial Average fell 219 points (-0.65%) to 33,727.
Market Wrap & Trading Signals Today!-06/23/2023
On Thursday, the Nasdaq 100 (+174 points or 1.18% to 15,042) and the S&P 500 (+16 points or +0.37% to 4,381) halted a three-day decline, lifted by rebounding technology stocks. The Dow Jones Industrial Average dipped 4 points (-0.01%) to 33,946.
Market Wrap & Trading Signals Today!-06/22/2023
On Wednesday, major U.S. stock indexes closed lower, dragged by technology shares. The Nasdaq 100 fell 202 points (-1.35%) to 14,867, the S&P 500 dropped 23 points (-0.52%) to 4,365, and the Dow Jones Industrial Average was down 102 points (-0.30%) to 33,951.
Market Wrap & Trading Signals Today!-06/21/2023
On Tuesday, U.S. stocks closed lower. The Dow Jones Industrial Average fell 245 points (-0.72%) to 34,053, the S&P 500 dropped 20 points (-0.47%) to 4,388, and the Nasdaq 100 was down 13 points (-0.09%) to 15,070.
Market Wrap & Trading Signals Today!-06/20/2023
Bitcoin advanced further striking $27,000 on the upside. Bitcoin investors are cheered up by the fact that BlackRock, the world’s biggest asset manager, applied to the U.S. Securities and Exchange Commission (SEC) for the formation of a spot Bitcoin exchange-traded fund (ETF). Meanwhile, market rumors suggest that Fidelity, the world’s third-largest asset manager, may also file for forming a Bitcoin spot ETF.
Market Wrap & Trading Signals Today!-06/19/2023
On Friday, U.S. stocks paused their recent rally. The Dow Jones Industrial Average fell 108 points (-0.32%) to 34,299, the S&P 500 dropped 16 points (-0.37%) to 4,409, and the Nasdaq 100 slid 101 points (-0.67%) to 15,083.
Market Wrap & Trading Signals Today!-06/16/2023
On Thursday, U.S. stocks posted further gains pushing the S&P 500 (+53 points or 1.22% to 4,425) and the Nasdaq 100 (+179 points or +1.20% to 15,185) to their highest closes since April 2022. The Dow Jones Industrial Average rose 428 points (+1.26%) to 34,408.