Trade Station

07/15/2023

The price of XRP (XRP) has skyrocketed after a federal court ruling declaring that its sales on crypto exchanges complied with United States securities laws

XRP price almost doubled after Ripple’s legal win against the U.S. Securities and Exchange Commission. But can its rally sustain further?

07/14/2023

Clearly, many investors lack faith in the U.S. consumer.

06/21/2023

Apple's market cap is still hovering near the $3 trillion mark as of this writing, but could it maintain its biennial tradition and hit a $4 trillion market cap by 2024? Let's review its past growth, projected growth rates, and valuations to decide.

The law of large numbers hasn't caught up to Apple yet.

06/17/2023

As BlackRock applies for bitcoin ETF, here’s how Larry Fink's comments about cryptocurrencies — which grew into a $1 trillion market — changed over time.

06/15/2023

The company sold 14.4 million shares, raising nearly $318 million and valuing the restaurant chain at roughly $2.45 billion.

The parent company of Mediterranean restaurant chain Cava started trading on the New York Stock Exchange.

06/14/2023

The Federal Reserve paused its campaign of interest rate increases for the first time in more than a year. But officials suggested that rates would rise more in 2023, as inflation remains “well above” the central bank’s target.

06/13/2023

Salesforce chairman and CEO Marc Benioff tells Yahoo Finance his firm is all in on generative AI.

06/13/2023

So-called core inflation rose 0.4% on the month and was still up 5.3% from a year ago, indicating that while price pressures have eased somewhat, consumers are still under fire.

The consumer price index was expected to rise 0.1% in May, according to the Dow Jones consensus estimate.

06/13/2023

What is a moving average?
A moving average is the average of the closing prices of an asset over a specified period. As its name implies, it moves as it is constantly updated according to the latest closing price.

A moving average appears smoother than a price line by reducing the impact of short-term price fluctuations, thus giving a clearer picture of market trends. They can be used to identify trend direction or define potential support and resistance levels.

06/11/2023

Now, Snoop Cereal will be available at stores like Walmart, Target, and Albertsons. For Master P, having the colorful boxes on the store shelves of retail giants was just as important as making sure the food inside the box actually tasted good.

Snoop Cereal launches this summer in three varieties: Cinnamon Toasteez, Fruity Hoopz with Marshmallows, and Frosted Drizzlers.

06/09/2023

What is RSI?
The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and size of price changes.

The relative strength is calculated as the average gains divided by the average losses of the asset price over a period. The RSI compares the gains with losses by presenting the relative strength graphically, oscillating between 0 and 100.

Theoretically, if the asset price rises rapidly, the RSI can climb as high as 100. If the asset price drops rapidly, the RSI can slide as low as 0.

A 14-d period is typically used. However, you can always customize the length according to your investment goals.

06/07/2023

Official trade data released Wednesday added to the concerns around the post-pandemic recovery in the world's second-biggest economy, which have weighed on global markets. China’s exports slumped 7.5% from a year ago in May, compared with economists' expectations for a 0.4% decline.

US stocks opened upward on Wednesday, after a surprise drop in Chinese exports and economic headwinds flagged by the OECD stoked fresh concerns about global growth.