Cryptocurrencies

SGT Chart Book 20.05.24

By SGT Trading Desk / 20 May 2024

Risk on: The Dow closed above 40,000 for the first time on Friday.
The three major US equity markets achieved new all-time highs last week, with the headline being the Dow crossing 40,000 for the first time.

SGT Chart Book 13.05.24

By SGT Trading Desk / 13 May 2024

US equities put in a decent performance for the week, with the Dow up 2.2%, SP500 1.9% and Nasdaq 1.1%. The Dow extended its longest winning streak of 2024 to an eight-day run.

SGT Chart Book 06.05.24

By SGT Trading Desk / 06 May 2024

Last Week’s Highlights: US Job data (non-farm payroll: NFP). Job growth slowed and unemployment ticked higher last month. U.S. employers added a seasonally adjusted 175,000 jobs in April, the Labor Department reported on Friday. That was far less than in March, when gains exceeded 300,000. It was also below the 240,000 jobs that economists had expected.

SGT Chart Book 29.04.24

By SGT Trading Desk / 29 Apr 2024

Last week saw a reversal in US Equites as the markets absorbed the Geopolitical news, confinement and US earnings seems to be the theme with big tech back in focus. Nasdaq rallied 4.2%, SP500 2.7% Dow Jones 30 up a poultry 0.7% on the week.

The halving of bitcoin and other ramblings

By Tony Westfallen / 24 Apr 2024

While it’s true that the cryptocurrency space is often filled with bullish sentiment and lofty price predictions, it’s crucial to approach such discussions with a critical eye and an understanding of market dynamics.

SGT Chart Book 22.04.24

By SGT Trading Desk / 22 Apr 2024

Geopolitical concerns, Israel/Iran and inflation, future rate cuts in US dominates the narrative. Nasdaq: Worst Week Since 2022, racking up a 5.5% weekly decline. The S& P 500 dropped 3.1%, and the Dow Jones Industrial Average up 0.2%.

SGT Chart Book 15.04.24

By SGT Trading Desk / 15 Apr 2024

Key Market Drivers: Inflation and geopolitical worries were once again the focus of the week. We are getting further risk off sentiment heading into the weekend, and seeing a flight to safety, with the dollar stronger, and equities being sold off.

Unveiling the Crypto World: What is an Initial Coin Offering (ICO)?

By Michael Kelley / 10 Apr 2024

In the dynamic world of finance, Initial Coin Offerings (ICOs) have emerged as a breakthrough method of venture financing, leveraging the power of cryptocurrencies and blockchain technology…

SGT Chart Book 08.04.24

By SGT Trading Desk / 08 Apr 2024

Key points of the week: Fridays US jobs report showed the adding of 303,000 jobs way above expectations. March manufacturing data released on Monday was above 50 indicating expansion, first time in over a year.

Breaking Down the Meme Coin Phenomenon: A Detailed Look

By Michael Kelley / 05 Apr 2024

The world of meme coins, a unique subset of cryptocurrencies originating from internet memes and humorous concepts, has recently emerged as a captivating phenomenon in the digital currency landscape.