November 2023 -

Mo’vember Marks Best Month For US Bonds In 40 Years; Global Markets Add Over $11 Trillion

Nov 30, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashRemember, remember, the surge of November…Global bond and stock markets added over $11 trillion in capitalization in November. That is the second biggest monthly gain in history (Nov 2020 added $12.5 trillion)…Source: BloombergWho could have seen that coming? 1. Dealer gamma turns deeply positive 2. $5BN in daily buybacks until mid-Dec 3. CTAs buying up […]

GBP/USD Trades Higher Around 1.2650 On Hawkish BoE, Weaker US Dollar

Nov 30, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash GBP/USD trims recent losses on subdued US Dollar. BoE’s Megan Greene indicated that interest rates remain elevated to curb persistent high inflation. US Dollar retraces its recent gains on downbeat US Treasury yields. GBP/USD recovers its recent losses registered in the previous session, trading higher around 1.2650 during the Asian session on Friday. The […]

DAX Will Open Elliott Wave Bullish Sequence Soon

Nov 30, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashDAX cycle from 9.29.2022 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 9.29.2022 low, wave (1) ended at 16528.97, and dips in wave (2) ended at 14630.21. The Index extends higher again in wave (3). It still needs to break above wave (1) at 16528.97 to validate this view […]

This Powell Pain Trade Could Make Your Entire Week

Nov 30, 2023 Jeremy Parkinson Finance 0

Image Source: PexelsWoah, what a week it’s been!Fridays are one of my favorite days to trade, and with J-POW speaking, this PAIN TRADE might be our biggest win of the week!Emini and Nasdaq are both trying to *rotate* back to the high of weekly ranges tomorrow morning…But you know Powell’s gonna throw us a curveball, so […]

Buy Gold Breakout, Dump Bitcoin Now

Nov 30, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashGold is breaking out and at the start of a new secular move. This implies the stock market and the Nasdaq, which Bitcoin follows, will be in a secular bear market soon.Bitcoin is a technology play, not a currency one. It has been highly correlated to the stock market.Video Length: 00:09:52More By This Author:Key […]

Metals Report For Thursday, November 30

Nov 30, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:10:33More By This Author:SPDR ETF Report For Wednesday, November 29Financial Markets Report For Wednesday, November 29Metals Report For Wednesday, November 29

OPEC Meeting Fallout: Weathering Heat In Energy Positions With COP And SLB Puts

Nov 30, 2023 Jeremy Parkinson Finance 0

Image Source: PixabayThe latest OPEC meeting was another “buy the rumor/sell the news” kind of event. Saudi Arabia did indeed win agreements for member-nations to cut back and yet………….My own two energy positions have been feeling some heat lately, but I think we’re past the rough part.COP February $130 putsSLB February $65 putsMore By This Author:GOOGL On The Verge: A […]

Big Day On The Dow, +520 Points; ULTA Beats & Raises

Nov 30, 2023 Jeremy Parkinson Finance 0

Image Source: PixabayIt was an atypically bifurcated stock market today; instead of having the Nasdaq run ahead of the pack, led by the “Magnificent 7” A.I.-oriented plays, it was the Dow that cleaned up this session: +520 points, +1.47%, led by Salesforce (CRM) coming off its impressive Q3 earnings report yesterday afternoon — it was up +9.36%. But […]

Texas Sues Pfizer For “Misrepresenting COVID-19 Vaccine Efficacy” And “Conspiring To Censor Public Discourse”

Nov 30, 2023 Jeremy Parkinson Finance 0

Image Source: UnsplashThe Texas attorney general is suing pharmaceutical giant Pfizer (PFE) for misrepresenting the effectiveness of the company’s Covid-19 “vaccine” and for conspiring to censor those who questioned its claims. The suit, filed Thursday, alleges that Pfizer violated the Texas Deceptive Trade Practices Act by engaging in false, deceptive, and misleading acts as it promoted the drug. […]

The Green Fantasy Ends Because Consumers Don’t Want To Pay For It

Nov 30, 2023 Jeremy Parkinson Finance 0

Stock photo by Vecteezy“Investors and consumers balk at costs of replacing fossil fuels with renewable energy, highlighting painful economics of climate mitigation,” says Greg Ip at the Wall Street Journal.Who Wants to Pay for the Green Transition?Greg Ip, one of my favorite columnists on the Wall Street Journal explains Why No One Wants to Pay for the […]