In the world of electric vehicles, Tesla has always been the trailblazer, pushing the boundaries of innovation and sustainability. However, even giants stumble occasionally, and the recent 45.67% drop in Tesla shipments from Q2 to Q3 has raised eyebrows and questions within the industry. What’s causing this decline in deliveries? One crucial factor that’s emerged … Read more
Everything Bubble: In recent years, financial markets around the world have been characterized by soaring asset prices, from stocks and real estate to cryptocurrencies and even collectibles. This phenomenon, often referred to as the “Everything Bubble,” has raised concerns among economists and investors alike. While bubbles in the past have burst with devastating consequences, the … Read more
On September 28, 2023, something unusual was brewing in the world of options trading, particularly for Extreme Networks (NASDAQ: EXTR). Benzinga’s options scanner, the watchful eye of market activity, reported a remarkable surge in options trading that day. This caught the attention of market observers and stirred discussions about the future of Extreme Networks. Let’s … Read more
Tesla (NASDAQ: TSLA) has consistently been a front-runner in the electric vehicle (EV) industry, known for setting ambitious delivery targets and then exceeding them. However, the third quarter of this year has ushered in a sense of uncertainty. Tesla’s stock, which has seen remarkable growth in recent years, experienced a slight dip of over 1% … Read more
The Dow Jones Industrial Average, a key indicator of the US stock market’s performance, faced another challenging day on Wednesday, extending its losses from the previous session. Investors grappled with an uptick in Treasury yields and soaring oil prices, which put a damper on market sentiment. In this blog post, we’ll delve into the factors … Read more
September has proven to be a challenging month for investors, as the S&P 500 experienced a significant drop of 5.3% within just 18 trading days, plummeting from 4,516 to 4,275. The primary culprit behind this market turmoil appears to be the sudden surge in long-term interest rates, notably the 10-year Treasury yield, which soared by … Read more
The year 2023 has been marked by its fair share of market volatility, and investors are understandably on edge as they ponder whether the recent stock market pullback will escalate into a full-fledged bearish downtrend. To gain insight into the market’s trajectory, many have turned their attention to the dynamics between cyclical and defensive stocks. … Read more
In the ever-fluctuating world of cryptocurrencies, Maker DAO’s MKR token has recently caught the attention of investors and traders alike. On September 25th, MKR experienced a significant push, defying the broader market’s struggles. Starting at a low of $1,265, it surged to a high of $1,343, demonstrating a remarkable 5% increase in just 24 hours. … Read more
On a recent Monday, investors witnessed an unexpected turn of events in the Asian tech market, particularly with regards to Sea Limited (SE), a Singapore-based conglomerate. The stock of Sea Limited soared by 12% as of 11 a.m. ET, driven by new revelations surrounding its major competitor, TikTok. The epicenter of this unfolding drama is … Read more
On September 22, the Dollar Strength Index (DXY) reached its highest level in nearly 10 months, signifying a surge in confidence in the United States dollar compared to other major fiat currencies like the British pound, euro, Japanese yen, and Swiss franc. Additionally, the DXY confirmed a “golden cross” pattern, a technical signal often considered … Read more