Author: amad

In a recent interview with The 5%ers, we had the pleasure of delving into the inspiring journey of Tharindu Tharuka, a dedicated full-time trader hailing from Sri Lanka. Tharindu’s path to becoming one of The 5%ers’ $60,000 High-stakes funded traders is a testament to dedication, discipline, and a steadfast commitment to risk management. Tharindu’s trading odyssey is nothing short of impressive. Embarking on his trading journey at the age of 21, he has now matured into a 26-year-old professional trader. Before immersing himself fully in the world of trading, he was a math teacher at a local school. His story…

In this analysis, we’ll dive into the world of Bitcoin and explore three less-discussed, long-term indicators. To get the clearest perspective over an extended timeframe, we’ll be focusing on the monthly chart. It’s essential to keep in mind that these indicators are all about signaling long-term trends, with a horizon exceeding two years. Short-term price fluctuations are still very much in the picture, even when the broader trend remains bullish. Indicator 1: Chaikin OscillatorThe Chaikin Oscillator is a nifty tool in technical analysis that helps gauge the accumulation and distribution of the Moving Average Convergence Divergence (MACD). The key insight…

In the intricate dance of economic forces, a pressing question emerges: which domino will fall first as interest rates hit a 22-year high? Will it be the job market, or will consumer spending start to wane? The relationship is quite symbiotic: reduced consumer spending can lead to dwindling profits for companies, making them rethink their workforce, potentially resulting in layoffs. And when companies downsize, it, in turn, curtails the spending power of people. This year, we’ve witnessed consumers keeping their wallets open, and businesses have been steadily hiring. The challenge, however, lies in deciphering the underlying dynamics of this equilibrium.…

In the vast and diverse world of animals, one key distinction separates a significant group from the rest: vertebrates. So, what exactly defines a vertebrate, and what sets them apart from their spineless counterparts? At the heart of it, a vertebrate is an animal boasting an internal skeleton and a backbone, also known as a spine. This exclusive club includes a wide array of creatures, from reptiles, amphibians, and fish to mammals and birds. What unites them all is the presence of a spine, which is essentially a chain of linked-together bones called vertebrae. However, it’s worth noting that not…

In the realm of British fiscal policy, there’s a growing debate surrounding the prospect of tax cuts. As the nation braces itself for Finance Minister Jeremy Hunt’s upcoming Autumn Statement on November 22, the question on many people’s minds is whether there’s enough fiscal headroom to accommodate tax reductions. However, a recent report from a prominent think tank suggests that the notion of having additional fiscal headroom due to rising inflation may be nothing more than a mirage. The concept of fiscal headroom, in simple terms, refers to the wiggle room in a country’s budget for potential tax cuts or…

As of November 1st, the Philadelphia International Airport (PHL) is set to launch an exciting program called Wingmate. This innovative initiative allows certain non-travelers to apply for special passes, granting them access to the post-security area in the domestic section of the airport. But the excitement doesn’t stop there. Philadelphia is not the only airport embracing this concept; other major American airports like Tulsa, Detroit, Seattle, and New Orleans are also introducing similar programs. This news brings great joy to those who wish to add a touch of magic to their relationships by surprising their loved ones with a memorable…

On November 1, in the heart of Phoenix, the Texas Rangers find themselves on the brink of their first-ever World Series title. To seal the deal, they’re entrusting Nathan Eovaldi to lead the charge against the Arizona Diamondbacks in Game 5, with a shot at baseball glory. In Game 4, the Texas Rangers seized a commanding 3-1 lead in this best-of-seven series, unleashing an offensive onslaught to secure an 11-7 victory. Their leadoff hitter, Marcus Semien, played a pivotal role, delivering a three-run homer and a two-run triple that electrified the crowd. The Rangers wasted no time, putting a damper…

November 4 Based on two sources close to the organization’s leadership, Hamas is ready for a protracted conflict in the Gaza Strip and thinks it can stall Israel’s approach long enough to compel its fierce rival to accept a ceasefire. Those who want to remain anonymous cited Hamas, the organization in charge of Gaza, as having amassed guns, missiles, food, and medical supplies. The people told Reuters that the group is certain its thousands of fighters can use urban guerrilla tactics to elude Israeli soldiers and survive for months in a network of tunnels cut out deep beneath the Palestinian…

A U.S. appeals court has upheld Illinois’ ban on assault-style weapons and high-capacity ammunition magazines.The ban was enacted in response to a 2022 mass shooting in Chicago’s Highland Park suburb, with the court’s decision following a 2-1 vote.Upholding Public Safety: In a significant decision, a U.S. appeals court has upheld the state of Illinois’ ban on assault-style weapons and high-capacity ammunition magazines. This legislation was implemented in the aftermath of a tragic mass shooting in the Highland Park suburb of Chicago in 2022, which claimed seven lives and left dozens more injured. The ruling, delivered by a three-judge panel of…

A Ukrainian missile strike targeted an employment center in a town within the Russian-occupied area of Kherson, resulting in casualties.Nine people have been reported dead, and nine others sustained severe injuries in the attack.The Attack in Kherson: In a recent incident in the southern Kherson region, a Ukrainian missile attack struck an employment center located in a town under Russian control. The consequences of the attack have been tragic, with nine individuals losing their lives in the aftermath, and an additional nine suffering severe injuries. The incident is currently under investigation, and further details about the attack are expected to…