Fundstrat’s Tom Lee says Ethereum (CRYPTO: $ETH) remains “vastly undervalued” even after its recent rebound, arguing that a stronger ETH-to-Bitcoin ratio could put the token near $6,000 if Bitcoin (CRYPTO: $BTC) eventually reaches $150,000. Lee said Ethereum’s move from roughly $1,900 to $2,500 over the past week looked less like a short squeeze and more…
BTC/USD 15M Technical Analysis š BTC/USD shows a bearish market structure after rejecting the major 80,800ā81,200 resistance zone. Price formed a consolidation range and then delivered a clear break of structure (BOS) to the downside. š Key Market StructureMajor Resistance: 80,800ā81,200Previous Range: Around 79,400ā80,000Bearish BOS: Confirms downside momentumCurrent Structure: Lower highs and lower lowsKey Entry/Supply…
š° BTCUSD MARKET BRIEFINGā¢ Price: $77,576 (24h: -3.27%) | Range: $76,888 ā $81,479 ā sharp rejection from 30D highā¢ Fear & Greed: 73 (Greed), up from 71 ā sentiment still hot despite the dumpā¢ Funding: +0.0100% (neutral) | OI: 106,303 BTC ā no extreme leverage either wayā¢ News: Fed’s Warsh delivered a hawkish Jackson Hole…
On Aug. 13, Jose-Miguel Tejada, EVP, Chief Financial Officer, sold 6,000 shares of World Kinect (NYSE:WKC), according to an SEC Form 4 filing. Transaction summary Transaction value based on SEC Form 4 weighted average sale price ($37.16); post-transaction value based on Aug. 13, 2026, market close ($37.12). Key questions What is the significance of this…
Mattie Duppler, Senior Fellow for Fiscal Policy at the National Taxpayers Union, says Fed Chair Kevin Warsh’s comments on interest rates were the “least interesting” part of his Jackson Hole speech and points instead to his focus on the availability of credit. Duppler says Warsh offered confidence to markets about credit and liquidity, arguing that…
Key Points Interested in AZZ Inc.? Here are five stocks we like better. AZZ raised its fiscal-year outlook, now targeting sales of $1.8 billion-$1.85 billion, adjusted EBITDA of $375 million-$415 million and adjusted EPS of $6.75-$7.15. Growth is being driven by demand for grid modernization, power infrastructure, data centers, reshoring and aluminum beverage packaging, with…
In a highly anticipated speech at the annual Jackson Hole Economic Symposium on Friday, Federal Reserve Chair Kevin Warsh told the gathering of central bankers that inflation isn’t slowing meaningfully and vowed to do what it takes to push it down to the target rate of 2%. “We must be confident that underlying inflation is…
October WTI crude oil (CLV26) closed down -0.13 (-0.16%) on Friday, and October RBOB gasoline (RBV26) closed up +0.0598 (+2.00%). Crude oil and gasoline prices settled mixed on Friday. Crude prices posted modest losses on Friday after the dollar index ($DXY) rallied to a 2-week high. Also, signs of larger crude supplies transiting through the…
October Nymex natural gas (NGV26) on Friday closed down -0.026 (-0.89%). Nat-gas prices settled lower on Friday ahead of Energy Transfer LP’s scheduled start date next week for its Hugh Brinson pipeline in Texas. The pipeline, scheduled to begin service on September 1, will be able to move about 2.2 bcf/day of gas from the…
Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data, and headlines that had the most impact on gold prices and other key correlated assetsāand may continue to in the future. So, what kind of…
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