November 2023 - Page 45 of 244 -

Bank Of America Bearish Sequence Provides Floor For Indices

Nov 26, 2023 Jeremy Parkinson Finance, No picture 0

In this blog, we will look at the bearish sequence in BAC (Bank of America) and present two views that are slightly different in terms of the extent of the bounce but both are calling for an extension lower. We will also look at the area that can act as a floor for BAC and where […]

Natural Gas Liquids – The Forgotten Cousins

Nov 26, 2023 Jeremy Parkinson Finance 0

Media coverage of reliable energy tends to focus on oil and gas. Oil comes in hundreds of different grades of complex hydrocarbon molecules. Natural gas, methane, is the simplest hydrocarbon of them all with a molecular formula of CH4. Freepik In between methane and crude oil lie Natural Gas Liquids (NGLs) – successively more complex combinations of […]

Advanced Micro Devices Stock Forecast: AMD Closes Fourth Consecutive Week Higher

Nov 26, 2023 Jeremy Parkinson Finance 0

Advanced Micro Devices (AMD) stock ended its fourth week in a row higher. AMD ended Friday’s session down 0.16% at $122.31 but gained 1.29% for the full week.Freepik he Dow Jones Industrial Index gained 0.33% on the last day of the week, while the NASDAQ Composite lost 0.11% and the S&P 500 gained 0.06%.The S&P Global Purchasing Managers […]

WMA: Bitcoin Challenges $38K, Changpeng Zhao Leaves Binance

Nov 26, 2023 Jeremy Parkinson Finance, No picture 0

This Week’s Summary The crypto market ends the week at a total market capitalization of $1,44 trillion. Bitcoin increased by over 3% to reach around $37,700. Ethereum is up by nearly 7% to climb above $2,000 again. XRP added almost 4% to its value this week. Almost all altcoins are trading in the green, with […]

WTI Crude Oil: Weekly Forecast November 26 – December 2

Nov 26, 2023 Jeremy Parkinson Finance 0

The cash price of WTI Crude Oil went into the weekend near the 75.561 USD ratio, this as light holiday trading certainly brought upon minimal volume. The high for Crude Oil last week was near 78.415 which occurred last Monday, the low for the commodity was on Wednesday when a price of 73.810 was briefly challenged. Intriguingly […]

These Charts Clarify The Big Picture See What They’re Telling You Now.

Nov 26, 2023 Jeremy Parkinson Finance 0

FreepikWelcome back Gaugers. We hope that you have had an enjoyable Thanksgiving holiday and have been participating in the positive markets that we have recently experienced.Most major indices finished this holiday shortened week up around 1%. Interest rates have been drifting lower and now we are below 4.5% on the 10-year Treasury. This is a […]

GBP/USD Hits 12-week High Amid Positive Data

Nov 26, 2023 Jeremy Parkinson Finance 0

The Pound Sterling (GBP) advances to a new 12-week high against the US Dollar (USD) courtesy of better-than-expected data revealed on Thursday, which sparked a sell-off of Gilts; consequently, UK bond yields rose. The GBP/USD is trading at 1.2606 after hitting a high of 1.2615.PexelsGBP/USD reaches new heights, bolstered by UK bond yield rise and mixed US business activity […]

EUR/USD Weekly Forecast: Fed’s Pause Leads Dollar Down

Nov 26, 2023 Jeremy Parkinson Finance 0

The EUR/USD weekly forecast is shaped by a bullish trend, propelled by the weakening of the dollar amid optimism surrounding the Fed’s pause. Consequently, this has led traders to Frexpect potential rate cuts.Freepik Ups and downs of EUR/USDAlthough the EUR/USD ended higher for the week, it barely moved due to the US Thanksgiving holiday. However, the […]

IBM Up 7.9% Since Last Earnings Report: Can It Continue?

Nov 26, 2023 Jeremy Parkinson Finance, No picture 0

It has been about a month since the last earnings report for IBM (IBM – Free Report) . Shares have added about 7.9% in that time frame, underperforming the S&P 500.UnsplashWill the recent positive trend continue leading up to its next earnings release, or is IBM due for a pullback? Before we dive into how investors and […]

Weekly Commentary: Really Big

Nov 26, 2023 Jeremy Parkinson Finance 0

Notable developments for two key facets of the global government finance Bubble this week.Freepik November 21 – Financial Times (George Steer): “Hedge funds betting on a decline in US and European stock markets have suffered an estimated $43bn of losses in a sharp rally over recent days. Short sellers, many of whom had built up […]