November 2023 - Page 34 of 244 -

A Nation Of Debtors

Nov 27, 2023 Jeremy Parkinson Finance 0

Image Source: PixabayThe citizens of the U.S. are simply aping what their fallen republic is doing – – borrowing with abandon and pretending everything is just peachy. This. Is. Not. Sustainable.More By This Author:Halted HomebuildersUtilities ForeverNothing But Blue Skies

Extreme Hype Required To Get Attention: Climate, Politics, And $10 Million Bitcoin

Nov 27, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashA target of $1 million for Bitcoin is so passee. The new target is $10 million. To get anyone’s attention, the targets need to be bigger and bigger. But beware of the prediction trap!Prediction InflationA few days ago I saw a Tweet proposing Bitcoin would hit $10 million.I also saw Tweets that we need […]

“There’s Nothing Encouraging On The Horizon” – Dallas Fed Manufacturing Survey Slumps Again In November

Nov 27, 2023 Jeremy Parkinson Finance 0

For the 19th straight month, the Dallas Fed’s manufacturing outlook survey was negative (indicating contraction), dropping to 4-month lows at -19.9 in November.Source: BloombergThe new orders index has been negative for 18 months and dropped from -8.8 to -20.5 in November. The capacity utilization index returned to negative territory, falling from 5.4 to -10.1, while the shipments index slipped eight […]

Stocks And Precious Metals Charts – The Dollar Chopped Sideways

Nov 27, 2023 Jeremy Parkinson Finance 0

Stocks tried to rally today, but ended up slightly lower.Gold and silver rallied.Today was the option expiration for the precious metals December futures contracts.If gold and silver bulls are going to get a ‘gut check’ on their longs it will likely happen tomorrow, when they take positions of their new positions from their in the […]

Market Talk – Monday, Nov. 27

Nov 27, 2023 Jeremy Parkinson Finance 0

ASIA:The major Asian stock markets had a negative day today: NIKKEI 225 decreased 177.86 points or -0.53% to 33,447.67 Shanghai decreased 9.27 points or -0.30% to 3,031.70 Hang Seng decreased 34.36 points or -0.20% to 17,525.06 ASX 200 decreased 53.20 points or -0.76% to 6,987.60 Kospi decreased 0.97 points or -0.04% to 2,495.66 SENSEX decreased […]

Buyers Beware. Bearish Read On Volatility Should Make You Nervous

Nov 27, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash It’s been a great run over the past few weeks. However, the indications from the volatility markets are signaling a 5-10% correction in the coming weeks. This places a historically bullish period in the sights of market bears as we head into the end of year. (GOLD, NEM, CLF, STLD, AAL, SAVE, DAL, […]

The Canadian Cannabis Report – Monday, Nov. 27

Nov 27, 2023 Jeremy Parkinson Finance 0

Photo by Kimzy Nanney on Unsplash For the trading week that ended November 24, 2023, my proprietary Canadian Cannabis Company Index (MCCCI) decreased by 6.0% compared to the prior week when it increased by 2.0%. The index consists of 14 stocks, many of which are among the most widely held holdings of the 3 ETFs […]

Zscaler Committed To ‘Long-term Growth’ After A Solid Q1

Nov 27, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay Zscaler Inc (Nasdaq: ZS) is down more than 6.0% in extended hours even though it reported better-than-expected results for its first financial quarter. Zscaler issues strong future guidance The price action is interesting considering the cybersecurity company issued solid guidance for the future as well.Zscaler now forecasts its adjusted earnings to fall between $2.45 and […]

The November 2023 Rebalance Of The S&P 500 Low Volatility Index

Nov 27, 2023 Jeremy Parkinson Finance 0

The S&P 500® continued its strong performance this year after posting a 9.8% gain in a span of less than three weeks from Oct. 30 to Nov. 17, 2023. During this period, the 10-year U.S. Treasury yield dropped approximately 45 bps1 and October’s year-over-year headline CPI inflation cooled to 3.2%.2 As Exhibit 1 shows, since the previous rebalance […]

U.S. Stock Market Elliott Wave Insights And Strategies

Nov 27, 2023 Jeremy Parkinson Finance 0

Image Source: Pexels Stock market analysis and trading strategies: NASDAQ 100, Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Alphabet (GOOGL).Stock Market Summary: The big picture is bullish, medium-term topping and short term the current trend up, has higher price levels to go, however, the next session can see […]