Month: July 2022

Old school technical analysis says that price itself is the most inportant technical indicator. Some claim that the most important part of technical analysis lies in the price itself, as it travels through time. ETH, in terms of technical analysis, is also a potential bear flag. Bear flags extend/continue a downward trend. The bear flag
Neel Kashkari, Minneapolis Federal Reserve Brendan McDermid | Reuters If you’re debating whether or not the U.S. is in a recession, you’re asking the wrong question, according to a top Federal Reserve official. “Whether we are technically in a recession or not doesn’t change my analysis,” Neel Kashkari, president of the Federal Reserve Bank of
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A new job posting by America’s biggest ticketing company, Ticketmaster, reveals mainstream interest in exploring new revenue streams using nonfungible tokens (NFTs).  Over the past two years, artists, musicians and the sports industry helped thrust the NFT ecosystem into the limelight as the technology served its purpose as a powerful fan engagement tool. Conversely, most
Official PMIs come from the China National Bureau of Statistics and the China Federation of Logistics and Purchasing. For July: Manufacturing 49.0, its lowest in 3 months and back into contraction expected 50.3 and prior 50.2 China’s NBS attributes the result, according to statements reported in State media (Xinhua), to traditional production off-peak period, insufficient
The major stock indices are ending with solid gains for the day: Dow industrial average rose 315.50 points or 0.97% at 32845.14 S&P index rose 57.86 points or 1.42% at 4130.28 NASDAQ index rose 228.10 points or 1.8% at 12390.70. That’s a largest increase cents April 2020 Russell 2000 rose 12.20 points or 0.65% at