November 2023 - Page 85 of 244 -

Complacency Running High Pre-And Post-CPI, VIX Approaching Crucial Support Likely To Tempt Contrarians To Enter Trade

Nov 21, 2023 Jeremy Parkinson Finance 0

Kudos to equity bulls for having cashed in on last Tuesday’s CPI report, which was just a tad better than expected. With three up weeks in a row, the S&P 500 – as overbought as it is on the daily – began this week with another solid performance on Monday. Concurrently, the major equity indices […]

Nvidia Volatility Ahead

Nov 21, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Nvidia’s (NVDA) shares have risen over 230% since the start of the year and their earnings are due out after the close on Tuesday. From a seasonal perspective there is a very strong upside bias in Nvidia, but look at the volatility that there has been too! The average gain has been 12.07% […]

Tuesday Talk: Thanksgiving Week

Nov 21, 2023 Jeremy Parkinson Finance 0

All things considered it should be a relatively quiet trading week as the institutional investors traditionally bow out for the holiday, though the OpenAI ruckus has created some noise.FreepikMonday the market closed up. The S&P 500 closed at 4547, up 33 points, the Dow closed at 35,151 up 204 points and the Nasdaq Composite closed […]

Elliott Wave Technical Analysis: The Coca-Cola Company – Tuesday, November 21

Nov 21, 2023 Jeremy Parkinson Finance, No picture 0

The Coca-Cola Company., Elliott Wave Technical AnalysisThe Coca-Cola Company., (KO): 4h Chart 21 November 23KO Stock Market Analysis: We have been monitoring Coca-Cola price for a few days now as we have been trading just below 58$. We seem to be in a corrective structure which could take us higher into wave {v} of 1. […]

Hawks Still Out And About

Nov 21, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay Broad-based US Dollar weakness continues to bolster market sentiment. Investors have chosen to conclude recent economic data in the US, including softer inflation reads, will translate to a Fed cut. And yet, the Fed has sent no such message.Video Length: 00:01:13More By This Author:Yen Gains Stand Out As Week Gets Going Fed Still […]

Bitcoin Commentary – Tuesday, November 21

Nov 21, 2023 Jeremy Parkinson Finance 0

BTC Holds Near HighsBitcoin futures continue to consolidate near recent highs on Tuesday. Following a strong rally across mid October – mid November, bullish momentum has faded a little with prices getting held up around the 37030 level. However, dips have been firmly bid and the market remains around that level currently, suggesting that the […]

The Holiday Shopping Season Provides Support For US Stock Indices

Nov 21, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash US stock indices continued their rally yesterday. At the close of the stock exchange, the Dow Jones Index (US30) rose by 0.58%, and the S&P 500 Index (US500) gained 0.74%. The Nasdaq Technology Index (US100) closed positive by 1.13% on Monday. At the same time, the S&P 500 Index (US500) and Dow Jones (US30) hit 3-month highs, and the Nasdaq Index (US100) reached […]

AUD/USD Forex Signal: Bulls Push Price To New 3-Month High

Nov 21, 2023 Jeremy Parkinson Finance 0

I see looking to get long of this currency pair as the only side worth taking today, but I would only do so relatively cautiously. My previous signal on 16th November produced a nicely profitable long trade from the bullish rejection by an hourly pin bar of the support level which I had identified at $0.6456. Today’s AUD/USD SignalsRisk 0.75%Trades may only […]

S&P 500 Market Returns And Why Your Performance Is Worse

Nov 21, 2023 Jeremy Parkinson Finance 0

As I wrote this blog, the S&P 500 index is up roughly 17% year-to-date. Most likely, your portfolio isn’t. This is a common frustration among many investors in the market this year in particular. As discussed previously, the S&P 500 index performance is a bit deceiving. The majority of the gain in the market this […]

Bitcoin And Ethereum: Ethereum Is Holding Above $2000

Nov 21, 2023 Jeremy Parkinson Finance 0

Bitcoin chart analysisBitcoin price managed to hold above $37000 at the beginning of this week. Last night, we saw the price jump to the $37769 level. The growth stopped there, and we started to pull back to the support at the 37300 level. Currently, we are still under bearish pressure at that support level, and […]