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TrendSpider Blog

06/20/2024

Dell and Super Micro Power Musk’s AI Ambitions

Partnership Announcement DELL (Dell Technologies) and SMCI (Super Micro Computer) will supply server racks for Elon Musk’s AI startup, xAI. Musk revealed this exciting collaboration via his X account. Dell will be responsible for assembling half of the racks, while […]

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06/20/2024

SpotGamma Levels Indicator Added To TrendSpider

When it comes to understanding options flow, few have a better grasp of the intricacies that drive these markets than our friends over at SpotGamma. As they say, “Trying to forecast stock market movement without paying attention to the impact […]

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06/19/2024

Apple Bids Farewell To Pay Later

Apple Pay Later Discontinuation and Transition AAPL (Apple) has announced the discontinuation of Apple Pay Later, the “buy now, pay later” service that launched in the United States last year. Effective today, users will no longer have access to this […]

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06/18/2024

Reimagining the Volume By Price Indicator

The Volume-by-Price Indicator is an invaluable tool for traders and investors looking to analyze the market’s underlying structure and identify key support and resistance levels. By combining price and volume data, the VbP provides insights into a security’s supply and […]

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06/14/2024

Market Update Into June 17th: Markets Climb Wall Of Worry

It was yet another huge week for the bulls, with markets soaring off the heels of a slightly cooler-than-expected CPI print. Despite J. Pow’s unwillingness to budge on interest rates, the Wednesday gap-ups held in 2 out of the 3 […]

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06/14/2024

Musk Gets Paid: Tesla Shareholders Approve Pay Package

A Renewed Vote of Confidence Tesla shareholders voted Thursday to restore CEO Elon Musk’s record $44.9 billion pay package that was thrown out by a Delaware judge earlier this year, signaling a strong vote of confidence in his leadership. However, […]

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06/14/2024

Make the Market Call You Daddy 👔 2024 Fathers Day Special

  Hello, traders! Here’s to the grill masters of the market and champions of the dad joke — Happy Father’s Day. This year, TrendSpider is turning up the heat with a Father’s Day sale that’s so good, even your dad’s […]

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06/13/2024

Fed’s Rate Rollercoaster: 23-Year Highs and What Comes Next

Fed Maintains High Rates to Tackle Inflation The US Federal Reserve has kept its key overnight interest rate at a 23-year high, marking the seventh consecutive meeting with rates unchanged at 5.25-5.50%. This decision follows the Fed’s commitment to curbing […]

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06/12/2024

Inflation Slows in May: Key Takeaways from the Latest CPI Report

May CPI Report Highlights The consumer price index (CPI) held flat in May, increasing by 3.3% from a year ago, which was slightly below market expectations. Excluding volatile food and energy prices, the core CPI rose 0.2% for the month […]

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06/12/2024

Unveiling the Future: Highlights from Apple’s WWDC 2024 Keynote

Apple Intelligence and Siri’s AI Boost Apple’s Worldwide Developers Conference keynote has come to a close — and the company had a whole lot to share. We got our first look at the AI features coming to Apple’s devices and […]

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