November 2023 - Page 32 of 244 -

Successful Cyber Monday; Markets Take Profits

Nov 28, 2023 Jeremy Parkinson Finance 0

Image Source: PexelsAnother successful Cyber Monday is in the books — well, it still continues past the closing bell, but it has helped keep an otherwise profit-taking trading day from giving too big a sell-off. All four major indices closed the day in the red, though marginally: the Dow was -56 points, -0.16%, the Nasdaq was -0.07%, the […]

EURUSD Looking To End Impulsive Rally

Nov 27, 2023 Jeremy Parkinson Finance 0

Image Source: PixabayShort Term Elliott Wave in EURUSD suggests rally from 10.4.2023 low is in progress as a 5 waves impulse structure. Up from 10.4.2023 low, wave ((i)) ended at 1.0694 and pullback in wave ((ii)) ended at 1.0517. Pair then extended higher in wave ((iii)) towards 1.0965 as the 1 hour chart below shows. Pullback in […]

Financial Markets Report For Monday, November 27

Nov 27, 2023 Jeremy Parkinson Finance 0

Image Source: PexelsIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, November 27.Video Length: 00:14:34 More By This Author:Metals Report For Monday, November 27SPDR ETF Report For Friday, November 24Financial Markets Report For Friday, November 24

Bernstein Says This Chinese EV Maker Should Be Worth Close To Tesla

Nov 27, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Bernstein analyst sees upside in shares of BYD Co Ltd to HK$359. Toni Sacconaghi says BYD is growing faster than Tesla Inc. BYD stock is currently down about 20% versus its YTD high. BYD Co Ltd (BYDDF) down about 20% versus its year-to-date high is an opportunity to invest in a very high-quality […]

Bonds & Bullion Shrug Off Black Friday Blues; Banks & Builders Bruised

Nov 27, 2023 Jeremy Parkinson Finance 0

Image Source: PixabayUgly home sales data and a dismal dip back into contraction for Texas manufacturing production continued the trend of disappointing macro data…Source: BloombergBlack Friday was ‘mixed’ according to reports.No one really knows how the American consumer did over the weekend – choose your own adventure: HOT – Black Friday e-commerce spending popped 7.5% from a year earlier, reaching a record […]

Soft Landing?

Nov 27, 2023 Jeremy Parkinson Finance 0

Image Source: PixabayI’ve wondered about what a “soft landing” entails, and whether we are headed toward one. This is despite findings that, based on historical correlations, just about any term spread-based regression will predict a recession by around mid-2024.Booker and Wessel discuss the issue of soft landings, and cite this table adapted from Blinder.Source: Booker and WesselI’d only […]

This Bear Trap Could Earn Monster Profits On Tuesday

Nov 27, 2023 Jeremy Parkinson Finance 0

Image Source: PixabayHoliday’s over… back to work!Markets are range-bound going into the end of the month, with a bull bias on the 60min…Put those 2 clues together, and it’s easy to see why this BEAR TRAP is my favorite trade for Tuesday!Emini and Nasdaq are both chopped-up in ranges… one of my favorite types of markets!Ranges […]

EUR/USD Refreshes Multi-Month Peak As Fed Rate Cut Bets Continue To Undermine The USD

Nov 27, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay EUR/USD scales higher for the fourth successive day and touched its highest level since August 11. Dovish Fed expectations drag the USD to a near three-month low and lend support to the major. Traders now look to the German GfK Consumer Climate and the US Consumer Confidence Index. The focus will remain glued […]

Seeking The Peak

Nov 27, 2023 Jeremy Parkinson Finance 0

Image Source: PexelsLet’s start off with this important item: in the span of the past month, we’ve moved from Extreme Fear back to Greed. If I had one lick of sense, I’d pay better attention (and take seriously) such items, because my biggest flaw as a money-making trader these days is my failure to get OUT when bearishness is at an extreme. […]

Metals Report For Monday, November 27

Nov 27, 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: 00:10:37More By This Author:SPDR ETF Report For Friday, November 24Financial Markets Report For Friday, November 24Metals Report For Friday, November 24