November 2023 - Page 86 of 244 -

Bull Of The Day: Coinbase

Nov 21, 2023 Jeremy Parkinson Finance 0

Zacks Rank #2 (Buy) stock Coinbase Global (COIN) is the largest and most popular cryptocurrency exchange in the US. The platform allows users to buy, sell, and store cryptocurrencies like Bitcoin, Ethereum, and Ripple. Spotty But Improving Earnings Surprise HistoryCoinbase went public in 2021 and has ten quarters of earnings history. Though COIN’s earnings history is brief, thus […]

Daily Market Outlook – Tuesday, Nov. 21

Nov 21, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay Asia – In the Asia-Pacific region, most stock markets experienced gains driven by positive movements in US tech stocks, notably Microsoft, which reached a record high. Chinese markets found support from the property sector, while the ASX 200 benefitted from strength in the mining and materials sectors, despite a hint of hawkishness in […]

Cramer Reacts To Starbucks Losing Top Spot In China To Luckin Coffee

Nov 21, 2023 Jeremy Parkinson Finance, No picture 0

Starbucks Corp (SBUX) is in focus today following a report that it is no longer the largest coffee chain in China in terms of sales.Unsplash Jim Cramer shares his view on Starbucks stockThe multinational has lost that title to Xiamen-headquartered Luckin Coffee, as per the Wall Street Journal. With close to 11,000 stores in China, it is now the […]

FX Daily: Renminbi Shorts On The Run

Nov 21, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash A softer dollar environment has seen Chinese authorities turn the screws on those with short renminbi positions. Look for further dollar weakness today given the risk of the lowest US existing home sales data since 2010 and some FOMC minutes which could be read less hawkishly. Elsewhere, look out for a 75bp base rate […]

Elliott Wave Technical Analysis Day Chart: British Pound/U.S. Dollar – Tuesday, Nov. 21

Nov 21, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash GBPUSD Elliott Wave Analysis Trading Lounge Day Chart, 21 November 2023British Pound/U.S.Dollar (GBPUSD) Day ChartGBPUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: impulsiveStructure: Blue wave Y of XPosition: 2/BDirection; Next Lower Degrees: Black wave YDetails: red wave C of Y of black wave X is in play and likely to end between fib […]

Market Briefing For Tuesday, Nov. 21st

Nov 21, 2023 Jeremy Parkinson Finance, No picture 0

Institutional participation is typically limited this week, so is ‘retail’ interest for days ahead of Turkey Day. So amplified moves get impacted accordingly. In today’s case it was mostly Microsoft (MSFT), with Boeing (BA) as well, not much else.Unsplash OpenAI is basically built on Microsoft Azure so it makes sense and Microsoft almost has control of the software already, well perhaps. Other AI […]

Elliott Wave Technical Analysis 4 Hour Chart: British Pound/U.S. Dollar – Tuesday, Nov. 21

Nov 21, 2023 Jeremy Parkinson Finance 0

Photo by Colin Watts on Unsplash GBPUSD Elliott Wave Analysis Trading Lounge 4 Hour Chart, 21 November 2023British Pound/U.S. Dollar (GBPUSD) 4 Hour ChartGBPUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: impulsiveStructure: Blue wave Y of XPosition: 2/BDirection; Next Lower Degrees: Black wave YDetails: red wave C of Y of black wave X is in play and likely […]

The Coca-Cola Company Dividend Stock Analysis

Nov 21, 2023 Jeremy Parkinson Finance 0

Image Source: PixabayCompany Description: The Coca-Cola Company (KO) is the world’s largest soft drink company, and also has a sizable fruit juice business. Fair Value: In calculating fair value, I consider the NPV MMA Differential Fair Value along with these four calculations of fair value: 1. Avg. High Yield Price 2. 20-Year DCF Price 3. Avg. P/E Price […]

EUR/JPY Price Analysis: Extends Its Downside, The Next Contention Level Is Seen At 161.60

Nov 21, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash EUR/JPY loses traction amid the lack of a catalyst in early European session on Tuesday. The bullish outlook remains intact as the cross still holds above the key 100-hour EMA. The immediate resistance level is located at 161.46; the initial support level is seen at 161.60. The EUR/JPY cross extends its downside during […]

Gold Futures: Rebound Could Extend Further Gold: Next on the upside comes $2000

Nov 21, 2023 Jeremy Parkinson Finance 0

Image Source: PixabayOpen interest in gold futures markets increased by around 3.2K contracts following the previous daily drop on Monday, according to preliminary readings from CME Group. Volume followed suit and kept the erratic performance, this time rising by more than 63K contracts.Gold: Next on the upside comes $2000Monday’s bounce in gold prices off the $1965 level was […]