Taiwan Semiconductor (NYSE:TSM) has recently surpassed major long-term resistance levels after reporting strong Q1 earnings driven by global demand for advanced chips used in AI systems. The company anticipates continued growth in demand for AI and server chips throughout 2024, particularly from key customers like Apple and Nvidia. TSM’s stock prices have surged, indicating potentialContinue reading “Taiwan Semiconductor Breaks Resistance Levels: Outlook and Potential Support Zones”
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Cutting Through Political Noise: Investing Beyond the Partisan Divide
In the aftermath of any presidential election, discussions about its potential impact on the market abound. However, amidst the partisan debates, it’s crucial for investors to focus on data-driven insights rather than political rhetoric. This article seeks to dissect the relationship between political affiliations and market performance, highlighting the importance of staying grounded in empiricalContinue reading “Cutting Through Political Noise: Investing Beyond the Partisan Divide”
A Different Perspective on Support and Resistance Levels
Are you tired of trying to guess where potential support and resistance levels are located on a chart? Wouldn’t it be great if you could get a deeper view of the supply and demand dynamics at work beneath those price bars? At the most basic level, it has to do with volume and price. VolumeContinue reading “A Different Perspective on Support and Resistance Levels”
Using Volume Profile for Trading Insights
The Volume Profile study on the thinkorswim® platform offers valuable insights for traders by displaying volume traded at each price level. Here are two ways traders can leverage Volume Profile to uncover hidden inflection points: 1. Volume Distributions: 2. High and Low Volume Nodes: Strategy Decisions: Conclusion:
The Parable of Digital Pearls: Lessons from Bitcoin’s Scarcity
In 1917, a seemingly lavish trade unfolded between Maisie Plant and Cartier, as her husband, Morton, exchanged their grand Fifth Avenue mansion for a stunning pearl necklace. Little did they know, this trade would serve as a cautionary tale, akin to the allure of bitcoin as digital gold, only to potentially resemble digital pearls inContinue reading “The Parable of Digital Pearls: Lessons from Bitcoin’s Scarcity”
The Perils of Financial Lifelines: Unintended Consequences in Times of Crisis
Overview: Financial regulators’ efforts to stabilize the system during crises can paradoxically exacerbate market volatility and risk-taking behavior. Despite attempts to instill confidence and prevent panic, recent interventions by U.S. authorities have triggered widespread market turmoil, underscoring the limitations of regulatory intervention in complex financial ecosystems. Regulatory Response and Market Fallout: Recent pledges by U.S.Continue reading “The Perils of Financial Lifelines: Unintended Consequences in Times of Crisis”
SEC Tightens Grip on Wall Street: New Rules Impact High-Speed Traders and Hedge Funds
In a landmark move, the Securities and Exchange Commission (SEC) broadened its regulatory purview, extending oversight to high-frequency trading firms and hedge funds, a significant departure from its traditional focus. The 3-2 vote ushered in a new era of oversight, compelling these entities to comply with stringent capital requirements, registration mandates, and enhanced transaction reportingContinue reading “SEC Tightens Grip on Wall Street: New Rules Impact High-Speed Traders and Hedge Funds”
