Category: Reddit Post

Chris Weston, Pepperstone: China on the radar – what can turn this ship around?

All eyes have rightly been on the US data flow and obtaining clarity on the Fed’s 25bp v 50bp debate – but for those who have not watching, China should also be firmly front of mind – these charts should be on the radar. I am not into bear porn, or doomsday, just looking at trends that can shape our trading environment. Firstly, the monthly growth data dump comes out this week – the outcome of the data could matter more than usual. submitted by /u/XGramatik [link] [comments]

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McAfee has discovered a new Android malware called SpyAgent that steals private keys by using OCR to extract text from screenshots.

More specifically, the malware uses a mechanism known as optical character recognition (OCR) to scan images stored on a smartphone and extract words from them. McAfee Labs explained that the malware is distributed through malicious links sent through text messages. https://preview.redd.it/3dmy270b2gnd1.png?width=480&format=png&auto=webp&s=87e4e673932e7f53a7ab43ba51a9ecb0af2512c8 submitted by /u/Lor1al [link] [comments]

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CNBC: Boeing Starliner returns to Earth empty, months later than originally planned to depart…

… and without the two astronauts that it delivered to orbit in early June. Instead, NASA test pilots Butch Wilmore and Suni Williams will stay at the ISS for the rest of the year and will return to Earth in February aboard SpaceX’s Dragon spacecraft. It took about six hours to return to Earth. Starliner successfully touched down at a landing zone at White Sands Space Harbor in New Mexico at 12:01 a.m. ET Saturday. submitted by /u/Ankle_be [link] [comments]

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So far…

submitted by /u/Lor1al [link] [comments]

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WSJ: JPMorgan Plans to Report Customers Who Exploited TikTok ‘Glitch’ to Authorities.Thousands of people withdrew money after depositing bad checks

JPMorgan JPM -2.38%decrease; red down pointing triangle Chase is investigating thousands of incidents of possible check fraud committed as part of a TikTok craze and plans to share the evidence it gathers with police departments around the country. Users on the social-media platform began sharing videos that showed a so-called glitch at Chase Bank that was allowing customers to deposit big checks and withdraw funds from ATMs immediately, even if sufficient funds weren’t available. Chase, the largest consumer bank in the U.S., normally allows customers to withdraw a portion of deposited checks before the full check amount clears. However, late last week, a technical error allowed customers to withdraw all of the funds from a check before it had cleared. Check fraud, which has surged in recent years, is a federal crime and illegal in most states, too. Most check fraud cases in the country are prosecuted under state law. As part of the scheme, some people wrote checks to themselves and cashed out money they didn’t have, while others cashed checks written from other peoples’ accounts that didn’t have enough money. submitted by /u/Ankle_be [link] [comments]

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Market Turbulence Ahead: Expert Predicts 10% Stock Dip, Sees Buying Opportunity

As the stock market continues its impressive 2024 rally, a leading Wall Street forecaster is warning investors to brace for turbulence. Tom Lee of Fundstrat, known for his accurate market predictions this year, told that stocks could experience a pullback of up to 10% over the next eight weeks. Lee points to two major events on the horizon as potential catalysts for market volatility: the Federal Reserve’s upcoming policy meeting and the U.S. presidential election. “I think investors should be cautious for the next eight weeks,” Lee advised, noting that while the market has shown incredible strength, rising in seven out of eight months this year, these upcoming events “will get people nervous.” The Federal Reserve’s mid-September meeting looms large, with expectations of at least a 25 basis point interest rate cut. However, Lee suggests that market reactions could be unpredictable, regardless of the outcome. A stronger-than-expected jobs report could lead to a reassessment of rate cut expectations, while a weaker report might stoke recession fears. Adding to the uncertainty is the approaching U.S. election. Historically, September is a challenging month for stocks, with election years often extending this volatility into mid-October. However, Lee and other experts see a potential silver lining, predicting a relief rally once election results are known. Despite these short-term concerns, Lee remains optimistic about the market’s long-term prospects. He views the potential pullback as a buying opportunity, advising investors to be “ready to buy that dip.” This aligns with his broader bullish outlook, including a bold prediction that the S&P 500 could triple this decade, reaching 15,000 by 2030. As investors navigate these potentially choppy waters, Lee’s message is clear: be cautious in the short term, but don’t lose sight of the long-term opportunities in the stock market. submitted by /u/Aftermebuddy [link] [comments]

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Tesla apple baba short sniper trades

Tesla apple baba short sniper trades were posted in august in our free discord based on technical analysis with absolute precision execution Haters brigade please note ours is a totally free community helping traders, no course selling or no paid signals submitted by /u/realtrademaster [link] [comments]

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Ethereum Foundation to publish financial report amid community concerns.

Ethereum Foundation member Justin Drake said the organisation is likely to publish a financial report soon. According to him, it spends approximately $100 million per year. The foundation has a $650 million fiat stockpile as well as Ethereum, he noted. https://preview.redd.it/j2n3tn0re8nd1.png?width=700&format=png&auto=webp&s=2be4e540b9893bcd9609ae3e34946b9fe2bb579a submitted by /u/Lor1al [link] [comments]

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