Author: FX

Nvidia (NVDA) call now US govt has not pubbed regulation codifying 15%Says US government officials expressed expectation that the US government will receive 15% of revenue generated from licensed H20 salesSays any request for a percentage of revenue may subject US to litigationSays US$2bn to 5bn of H20 chip could be shipped to China If geopolitical issues resolve the firm could ship US$2 billion to $5 billion in H20 revenue in Q3 and if it had more ordersWe are at the beginning of an industrial revolution that will transform every industry. We see US$3 to $4 trillion in AI infrastructure…

adventtrSemiconductor stocks are firmly in the spotlight on Wednesday, as investors take a cautious stance and wait for the much-anticipated earnings release from Nvidia (NASDAQ:NVDA). As a result, Seeking Alpha compiled a list of the top 10 U.S. semiconductor stocks with a Source link

In a Wall Street Journal editorial today, the editoral board warns that Trump’s firing of Fed Governor Lisa Cook marks a power play to bring the Federal Reserve under his personal control. Cook, accused of mortgage fraud tied to past home loan applications, says she will legally challenge her dismissal—setting up what could become a landmark case over the President’s ability to remove Fed officials “for cause.” The editorial argues, that if Trump prevails, he could establish the precedent to dismiss other governors and indirectly control the FOMC by reshaping regional Fed leadership. Critics argue this would strip away central…

Since the start of the week the NASDAQ and the S&P500 have moved higher. We are to review the release of the Fed Chair Powell’s speech on Friday, the upcoming earnings report from Nvidia, the issues surrounding the Fed’s independence and are to conclude the report with a technical analysis of S&P 500’s daily chart.Fed Chair Powell’s ‘dovish’ speechFed Chair Powell’s speech at the Jackson Hole Symposium occurred on Friday, and through his comments, it appeared to showcase a dovish pivot in the Fed’s monetary policy approach. In particular, we are referring to the following statement that “Nonetheless, with policy…

The S&P 500 moved close to its all-time high again – will the rally continue? On Tuesday, the S&P 500 index closed 0.41% higher, retracing Monday’s short-term pullback. Investors are awaiting Nvidia’s key quarterly earnings, scheduled for release after the market close. The S&P 500 is expected to open 0.1% higher. Investor sentiment remains relatively weak, as reflected in last Wednesday’s AAII Investor Sentiment Survey, which reported that 30.8% of individual investors are bullish, while 44.8% are bearish. The S&P 500 continues to consolidate near its August 15 all-time high of 6,481.34, as shown on the daily chart. Nasdaq 100…

In an interview with CNBC on Wednesday, Federal Reserve Bank of New York President John Williams said that he expects the Gross Domestic Product growth will continue to slow, per Reuters.Key takeaways”Economy is going through an adjustment process.””Expect on the whole GDP will grow 1% to 1.5% on the year.””Still think the labor market is solid.””Unemployment rate is low, but hiring has slowed.””Weaker job growth tied to both slowing demand and slowing supply growth.””Breakeven rate of job growth is hard to estimate.””Wage growth continues to be consistent with a solid labor market and inflation moderating towards 2% target.””Progress on inflation…

QT Imaging receives $5.0 million in new funding from Lynrock Lake Source link

Like many high-performance endeavors, success in forex trading takes time, patience, and a lot of practice. This is why not many newbies successfully trade currencies on their first try. In fact, popular trading discussions estimate that only 2% of newbie traders eventually make money. So what makes it hard for traders to stick to forex trading anyway? I’ve learned of countless reasons after talking with fellow forex traders in my blogs and in the forums, but I think we can narrow them down into five: 1. They blew their trading account. What’s the point of trading if there’s no account…

Fundamental OverviewThe Nasdaq rallied strongly on Friday as Fed Chair Powell tilted more dovish by saying that “with policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance.”That saw traders firming up expectations for a rate cut in September which now stands around 84% probability with a total of 54 bps of easing by year-end. Overall, it’s not the repricing in interest rates expectations that supported stocks but hedges into potentially hawkish Powell being unwound.Now, the focus turns to the US NFP report next week which is going to be crucial…

This indicator is designed to highlight the most important price levels where the market has shown repeated reactions. Unlike drawing lines manually, it automatically updates as the market changes, ensuring accuracy and efficiency. Traders can easily see where buyers or sellers are likely to step in, making it easier to plan. Since these zones are key to market psychology, having them displayed visually gives users an edge in decision-making. Why It Matters for Traders Support and resistance levels are the backbone of technical analysis. They represent areas where price tends to bounce or reverse, which can lead to high-probability setups.…