November 2023 - Page 122 of 244 -

Markets More Cautious Into North American Session

Nov 16, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The tone in markets as we come into the North American session this Thursday is slightly downbeat. Chinese housing market concerns could be playing a factor after house prices registered their largest fall in eight years.Video Length: 00:01:04More By This Author:Three Concerns About The Risk On Run Major Currencies Cool Off Market Responds […]

Solana-Based Bonk Rallies 200%, Notable Growth Anticipated For Vechain & Inqubeta

Nov 16, 2023 Jeremy Parkinson Finance, No picture 0

Invеstors and cryptocurrency beginners have both witnessed an incredible dеvеlopmеnt in thе markеt recently. Bonk (BONK), a mеmе coin basеd on Solana, has sееn an extraordinary surgе, rising by a whopping 200%. Not only has thе cryptocurrеncy community taken noticе of this rally, but it has also gеnеratеd curiosity about thе possiblе еxpansion of othеr crypto tokens, most notably Vеchain’s […]

Nasdaq 100 Hits New 2023 High; What’s Next?

Nov 16, 2023 Jeremy Parkinson Finance 0

The NQ100_m came within a touch of the 16,000 mark yesterday (Wednesday, 15 November).Though this tech-heavy index still managed to print a new year-to-date high at 15,993.8, traders shied away from actually reaching that psychologically important 16k level. Recent gains may have deemed to have gone too far too fast, at least for now. Beyond the […]

Natural Gas Futures: Further Recovery Could Lose Traction

Nov 16, 2023 Jeremy Parkinson Finance 0

CME Group’s flash data for natural gas futures markets noted traders scaled back their open interest positions for the first time since October 31 on Wednesday, now by around 4.6K contracts. In the same line, volume shrank for the second session in a row, this time by around 1.2K contracts. Natural Gas: Firm contention remains […]

Dollar Consolidates Amid Rate Volatility

Nov 16, 2023 Jeremy Parkinson Finance, No picture 0

The dollar is consolidating its recent moves as interest rate swings continue. The US two-year yield has traded in a nearly 28 bp range in the first two sessions this week, and near 4.88% now, it is 18 bp lower since last Friday’s close. The 10-year yield is slipping below 4.50%. It reached almost 4.70% […]

Asian Stock: Sheng Siong Group Ltd

Nov 16, 2023 Jeremy Parkinson Finance 0

TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: Sheng Siong Group LimitedBloomberg ticker: SSG SPMarket cap: US$1,643mBackground: Sheng Siong Group Limited is the third-largest supermarket chain in Singapore. It provides low-cost essential products to mass-market consumers through its no-frills approach. SSG had 68 outlets in […]

Natural Gas Forecast: Finds Buyers

Nov 16, 2023 Jeremy Parkinson Finance 0

Traders are advised to approach this market with caution, particularly given its inherent volatility. The natural gas market experienced a modest rally during Wednesday’s trading session, continuing the trend of heightened volatility that has characterized recent trading. Notably, the market found support from the uptrend line, indicating the resilience of bullish sentiment. Additionally, traders are closely monitoring […]

EUR/USD Technical Analysis: Bulls Struggle To Maintain Gains

Nov 16, 2023 Jeremy Parkinson Finance 0

On the long-term, the EUR/USD pair appears to have completed a bullish breakout from the ascending channel. The euro/dollar pair “EUR/USD” gave back some of its earlier gains on Wednesday as markets pared back some of the big moves seen the day before, and after data from the eurozone showed disappointing industrial production numbers. Recently, EUR/USD had […]

Nvidia: Upside To Be Capped?

Nov 16, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Bloomberg reported yesterday that Nvidia could be flashing signs of overheating. The reason that Bloomberg considers Nvidia to be overbought is based on the fact that the shares have climbed over 230% since the start of the year, and they are currently in overbought territory on the RSI index. So does this mean […]

Current Analysis: GSK Plc

Nov 16, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash In the pharmaceutical industry, GSK PLC (GSK) ranks as one of the largest companies by total sales.The company wields its might across several therapeutic classes, including respiratory, cancer, and antiviral, as well as vaccines.GSK uses joint ventures to gain additional scale in certain markets like HIV.The company was formerly known as GlaxoSmithKline plc […]