GAMBLER FINANCE

  Current Trends in the U.S. Stock Market: July 2024 Sanvan Bhandari 10:03 Monday,   July 29, 2024   (GMT+2) The U.S. stock market is seeing significant volatility as July 2024 progresses. Earnings reports from major tech companies like Tesla and Alphabet have disappointed investors, leading to a sharp sell-off in Big Tech stocks and a 3.5% drop in the Nasdaq, marking its worst day since 2022. Despite this, the market has shown robust overall performance in 2024, with the S&P 500 up 18.8% year-to-date. This growth has been driven by strong AI-themed stocks and a surge in electric vehicle (EV) makers. Chinese EV maker Nio, for instance, reported record deliveries in June, boosting shares of rivals like Tesla and Rivian, with the latter securing significant investment from Volkswagen. Market analysts remain cautious about future trends, noting potential weakening in buying pressure as indicated by technical markers. Economic data, such as a recent decrease in jobless cl...

  Unprecedented Disruption: Paris Train Arson Attacks Amid Olympic Excitement Sanvan Bhandari 09:51 Monday,  July 29, 2024 (GMT+2) As the world converges on Paris for the 2024 Summer Olympics, the city of lights finds itself grappling with a wave of disruption. In a shocking turn of events, coordinated arson attacks on the high-speed rail network have thrown travel plans into chaos, highlighting vulnerabilities and sparking widespread concern. A Dark Dawn for the City of Lights In the early hours of July 26, arsonists targeted critical railway infrastructure, setting fires that wreaked havoc on high-speed train lines connecting Paris with key cities like Lille and London. These fires, strategically set to cause maximum disruption, left travelers stranded and the transport network in disarray. Immediate Impact on Travelers The fallout from these attacks has been severe. Thousands of passengers found themselves stuck in trains for hours, some without access to water, restrooms, ...

  Trump Surprises Bitcoin 2024 Conference with Pro-Crypto Speech – Live Coverage Sanvan Bhandari 21:40  Saturday,  July 27, 2024   (GMT+2)  . 3 min read    In a groundbreaking appearance, former President Donald Trump delivered a keynote speech at the Bitcoin 2024 conference in Nashville, Tennessee. This prominent event, held from July 25th to 27th, drew over 20,000 participants from the cryptocurrency community. Trump’s Transformation on Bitcoin Previously known for his critical views on Bitcoin, Trump’s speech signals a significant shift as he prepares for his 2024 presidential campaign. His newfound support for cryptocurrency appears to be a strategic move to engage younger, tech-savvy voters and crypto enthusiasts. Key Points from Trump's Speech Endorsement of Bitcoin : Trump expressed robust support for Bitcoin, stating, "Bitcoin represents a new frontier of American innovation, and it’s time we embrace it fully." This endorsement marks a notable ...

                Bitcoin Soars Amidst Recent Price Surge  Sanvan Bhandari 20:06  Saturday,  July 27, 2024   (GMT+2) Bitcoin's Recent Price Surge: A Look at the Factors Driving Its Upward Momentum Bitcoin has been on an impressive upward trajectory recently, with its price climbing significantly after a brief dip. The cryptocurrency, which had fallen to $63,000, has bounced back robustly, now trading around $67,580 and eyeing the crucial $68,000 resistance level. This resurgence has sparked renewed interest and speculation about its future price movements. Several factors are contributing to this latest surge. One major influence is the overall market sentiment and trading behavior. Market data indicates a significant amount of Bitcoin moving into accumulation addresses, suggesting strong holding sentiment among investors and reduced selling pressure. This pattern typically supports price stability and growth​ ( CryptoNews ) ​. ...

 "Prime Entry Points for Daily Gold Traders"                                                           ENTRY POSITION   Sanvan Bhandari Friday, July 26, 2024 (GMT+2) . 3 min read    In recent market activity, the price of gold surged to an all-time high of $2,482, a significant climb from the recent bottom at $2,297. This sharp increase has prompted profit-taking among long-term holders, a common reaction when asset prices reach unprecedented levels. However, the gold market has since experienced a pullback, dipping to the 50% Fibonacci retracement level. This tool, widely used in technical analysis, helps traders identify potential support and resistance points in the market. The 50% retracement level is often seen as a crucial indicator of whether the price will resume its upward trend or continue to decline. After consoli...