Following the release of key inflation data, the U.S. dollar experienced gains in the market. This increase was attributed to personal spending and income reports that supported the notion that the Federal Reserve would opt for a 25 basis point rate cut next month instead of a more aggressive 50 bps. Market participants had initially
0 Comments
The Food and Drug Administration has recently authorized Novavax’s updated protein-based Covid vaccine for emergency use in individuals aged 12 and above. This approval opens up the opportunity for Novavax’s vaccine to compete with the more widely known Pfizer and Moderna vaccines during the upcoming fall and winter months. Novavax’s vaccine specifically targets the omicron
0 Comments
As interest rates are expected to decrease, investors are seeking ways to generate additional income from their stock portfolios. One such strategy highlighted by Bank of America derivatives analyst Arjun Goyal is known as the “overwriting” strategy or call writing. This technique involves selling call options on stocks that an investor currently owns, with the
0 Comments
John Bollinger, the creator of the well-known Bollinger Bands, has gained recognition for his Bitcoin price prediction made over two months ago. Back in June, Bollinger analyzed the chart of Bitcoin using his technical indicator and mentioned that the price of BTC would likely see an uptrend. However, fast forward two months, and Bitcoin’s price
0 Comments
The U.S. dollar showed signs of recovery on Friday, making gains after a five-week losing streak. The Dollar Index, which measures the dollar against a basket of other currencies, rose slightly by 0.1% to 101.314. This positive movement comes after the dollar reached its highest level since August on Thursday, hitting 101.58. Despite this week’s
0 Comments