Federal Reserve Monitoring Economic Data for Potential Interest Rate Cut; Berkshire Hathaway Struggles to Find Investment Opportunities in U.S. Market

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Cointime2024/02/26 13:51

By:Cointime

The Federal Reserve is keeping a close eye on economic data to determine when an interest rate cut may be necessary. The stock market experienced gains last week, with the SP 500 and Nasdaq Composite both up. Companies such as Dominos, Lowes, Macy's, Ebay, Salesforce, and Best Buy are still reporting earnings. The economic calendar is heating up with reports on various economic indicators coming out this week. Berkshire Hathaway reported strong earnings but is struggling to find investment opportunities in the overvalued U.S. market. Investors should be cautious and stick to their long-term objectives, despite the booming AI sector. The article provides an iframe script and a unique ID generator for tracking purposes, but also includes a disclaimer stating that the content is for educational purposes only and is not intended to be investment advice. It is provided by tastytrade, Inc.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14