December 2023 - Page 120 of 232 -

Understanding Interest Rates And The Financial Markets

Dec 15, 2023 Jeremy Parkinson Finance 0

Image Source: Pexels This week, the Federal Reserve, the Bank of England (BoE), and the European Central Bank (ECB) met respectively to discuss monetary policy for the final time in 2023.As had been widely expected, all three central banks held rates steady. With the decisions themselves bordering on certainties, the markets were more interested in the […]

Industrial Production Remains Below Late 2022 Peak Even After End Of UAW Strike

Dec 15, 2023 Jeremy Parkinson Finance 0

Industrial production historically has been the King of Coincident Indicators, turning up and down at the onset and end of recessions in the past. But as I wrote last month there are signs that has changed in the past 20+ years since China was admitted to normal trade relationships with the US. Because manufacturing is […]

ECB And Weak Manufacturing Ambush

Dec 15, 2023 Jeremy Parkinson Finance 0

S&P 500 had trouble extending FOMC gains, and just when it looked that the 4,720 held as support, stocks were again rejected at 4,735, losing dozens of pts quickly – only to come back overnight. Well, the chief catalyst was ECB not meeting the Fed degree of dovishness in the least. Rotations continued just like […]

Sensex Today Rallies 970 Points; Nifty Closes Above 21,450

Dec 15, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash After a firm opening, the bull run continued for the second straight trading session and ended the day at a record high.Dovish Federal Reserve commentary, strong Foreign Institutional Investors (FIIs) inflows, and positive global cues powered Dalal Street today.At the closing bell, the BSE Sensex stood higher by 970 points (up 1.4%).Meanwhile, the NSE Nifty closed higher […]

Wealth Effect Increases And Recession Risks

Dec 15, 2023 Jeremy Parkinson Finance 0

What is the “wealth effect,” and why is it important? It is a great question and reminded me of “A Funny Thing Happened on the Way to the Colosseum.“ The hysterical play by Craig Sodaro features a naive Swiss farmer heading for Rome. His dream is to become a stand-up comedian. Little does he know what adventures […]

Elliott Wave Technical Analysis: Fortinet Inc. – Friday, Dec. 15

Dec 15, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Fortinet Inc., Elliott Wave Technical AnalysisFortinet Inc., (NYSE: FTNT): 4h Chart 15 December 2023FTNT Stock Market Analysis: Looking for further upside into wave {iii} as we have a clear five wave move into wave {i}. Looking for a pullback into wave (ii) as we seem to be approaching resistance entering Minor Group 2. […]

Empire Fed Manufacturing Unexpectedly Crashes Into ‘Contraction’

Dec 15, 2023 Jeremy Parkinson Finance 0

After three strong ‘beats’ in a row, the Empire State Manufacturing Survey crashed back into contraction, well below expectations in December (from +9.1 to -14.5, +2.0 exp).The drop takes the measure from ‘expansion’ at 7-month-highs to ‘contraction’ at 4-month-lows…Source: BloombergThe new orders fell six points to -11.3, pointing to a decline in orders for a third […]

Nasdaq 100 Forecast: Stocks Extend Gains Ahead Of PMI Data

Dec 15, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay US futuresDow futures +0.59% at 37336S&P futures +0.12% at 4729Nasdaq futures +0.25% at 16580In EuropeFTSE -0.6% at 7606Dax +0.01% at 16768 Stocks are set to rise for a seventh straight week PMI data is due to show services PMI to ease to 50.6 Costco rises after upbeat earnings Oil is on track to […]

SaverOne Makes Solid Strides During 2023, Setting It Up For A Potentially Strong 2024

Dec 15, 2023 Jeremy Parkinson Finance 0

It’s been a busy year for SaverOne 2014 Ltd. SVRE, the company that makes safety systems to prevent drivers from using distracting apps while driving. As of the last check, SaverOne’s technology has been installed in well over 3,000 cars, trucks and buses and is integrated into the fleets of more than 100 companies worldwide. But that doesn’t mean the company is resting […]

Is There Such A Thing As A “Crucial Market Prediction?”

Dec 15, 2023 Jeremy Parkinson Finance 0

If the question seems silly, it’s because it is silly. Yet, here’s a headline to discuss: “Crucial Crypto Market Prediction Issued by Raoul Pal“Crucial Crypto Market PredictionPlease consider Crucial Crypto Market Prediction Issued by Raoul Pal emphasis mine. Legendary investor and market expert Raoul Pal has waded into the incessant predictions going on in the digital currency […]