November 2023 - Page 166 of 244 -

Patrick Karim, Charts And Gold’s Next Breakout

Nov 10, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Video Length: 00:31:20 I have heard it said that technical analysis is “Astrology for Men”, the inference being that it’s got about as much use as arguing something will happen to the markets because the stars say it will. Keen to dispel this myth, I decided to chat with chart expert Patrick Karim so […]

Big US Stocks’ Q3’23 Fundamentals

Nov 10, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay The big US stocks dominating markets and investors’ portfolios are booming. They just finished reporting great Q3 results, with sales and profits generally surging. But serious challenges loom, led by slowing consumer spending and soaring interest rates. The stock markets have already started rolling over again, with extreme bubble-level valuations exaggerating downside risks. […]

MicroStrategy Up 49% Over The Last 30 Days Amid Bitcoin Surge

Nov 10, 2023 Jeremy Parkinson Finance 0

Image courtesy of 123rf.com Over the last 30 days, Bitcoin delivered 34% gains, going from $27.6k to $37k. The impressive rally recovered the losses in the aftermath of the Terra (LUNA), Celsius, Blockfi, 3AC and FTX crashes. It bears noticing these Ponzi-like schemes became vulnerable after the Federal Reserve started its rapid interest rate hiking cycle […]

Despite Subsidies, The Supply Chain For Electric Cars Is Still Mostly Chinese

Nov 10, 2023 Jeremy Parkinson Finance 0

Either We Lose, or China WinsThis EV story comes from the Eurointelligence regarding the EU, but it equally applies to the US. It became a standing joke during the Brexit years that German industry would intervene and soften the EU’s position in its negotiations with the UK. Now, we are happy to report, this is finally happening. […]

Cloud Stocks: Amazon Looking At Pharmacies And AI

Nov 10, 2023 Jeremy Parkinson Finance 0

Photo Credit: simone.brunozzi/Flickr.com Amazon (Nasdaq: AMZN) recently reported its third-quarter results that did not impress the market much. While the company is seeing growth in ad and e-commerce spending, the continuing macro pressures have slowed down its cloud growth. Amazon meanwhile continues to invest in building its AI capabilities. Amazon’s Financials Amazon’s third-quarter revenues grew 13% […]

Bitcoin ‘Supply’ Tightens As ‘Tsunami’ Of Institutional-Demand Looms

Nov 10, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Enthusiasm towards spot ETF approvals (and what that means for wider adoption) has prompted a resurgence in demand for cryptocurrencies with Bitcoin and Ethereum soaring this week.Bitcoin has erased all the losses from the Terra stablecoin crisis… Source: BloombergAnd Ethereum is back above $2,000, outperforming bitcoin this week… Source: Bloomberg…after the ETH/BTC cross found […]

Why Is The Fed Lying About This?

Nov 10, 2023 Jeremy Parkinson Finance 0

Image Source: Pexels Are interest rates going back up, or not? According to many Economists and central bankers (same thing), they believe so because a key metric they use has turned positive after years of being negative. Technically true, while it may be math it is hardly science. Their number is pure voodoo.Video Length: 00:19:04More By […]

Chart Of The Day: Genie Energy – Is The Genie Out Of The Bottle?

Nov 10, 2023 Jeremy Parkinson Finance 0

Image Source: Pexels 100% technical buy signals 10 new highs and up 47.31% in the last month 196.00+ Weighted Alpha The Chart of the Day belongs to the electric and gas utility Genie Energy (GNE). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, […]

S&P 500, Nasdaq Look For 2nd-Straight Weekly Win

Nov 10, 2023 Jeremy Parkinson Finance 0

Wall Street is higher at midday. The S&P 500 Index (SPX) is looking to recover from its first loss in nine sessions, as the broader market rallies from yesterday’s dip. In light of this impressive run, the SPX is, alongside the Nasdaq Composite (IXIC), heading for its second consecutive weekly win. Despite a midday gain, the Dow […]

Relative Prices In China

Nov 10, 2023 Jeremy Parkinson Finance 0

Economics textbooks tell us that what really matters is relative prices, not the absolute price of a good or service. A recent trip to China provided a number of interesting examples.In a shopping mall in Xian my wife and I encountered a food court that was a foodies paradise, with more than 50 varieties of […]