December 2023 - Page 122 of 232 -

Did Interest Rates Just Peak?

Dec 15, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay It’s been a doozy of a few months for the bond markets as 10 year interest rates surged from 4% during the Summer to over 5% in October and then round tripped all the way back. Two months ago when the rate was over 5% there was constant chatter of a resurgence in […]

Where To Start With Candlestick Patterns?

Dec 15, 2023 Jeremy Parkinson Finance 0

Image Source: DepositPhotosAs you may have noticed if you’ve come across my previous articles, there’s a technique I often use to predict upcoming price movements in the market; candlestick patterns. An important part of technical analysis, candlestick patterns have revolutionized the way traders analyze price data since their introduction for rice trade in Japan in […]

Current Analysis: Barco NV

Dec 15, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Barco NV (BCNAF) and its subsidiaries develop visualization solutions for entertainment, enterprise, and healthcare markets. Thus, the company is organized into three segments: Entertainment; Enterprise; Healthcare.The company offers medical displays, video walls, wireless conferencing, and presentation systems. It also offers projection products for home cinema, as well as installation, post-production, simulation, rentals, and […]

Two Trades To Watch: EUR/USD, GBP/USD – Friday, Dec. 15

Dec 15, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash EUR/USD falls as recession worries rise Eurozone composite PMI unexpectedly falls to 47 ECB pushed back on rate cuts US PMIs to show services expanded at 50.6 EUR/USD falls to 1.0950 EUR/USD is heading lower after three days of gains, as recession fears rise following weaker-than-expected PMI data. EUR/USD rallied over 1% yesterday on […]

FTSE 100 Commentary – Friday, December 15

Dec 15, 2023 Jeremy Parkinson Finance 0

Bear Channel Under ThreatOn the back of the Bank of England meeting yesterday, the FTSE is attempting to breakout above the 7678.8 level range highs. The meeting saw the BOE holding rates steady, while pushing back against those calling for imminent rate cuts. Instead, the bank warned that the battle against inflation was still not […]

Chevron Corporation Dividend Stock Analysis

Dec 15, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay Linked here is a detailed quantitative analysis of Chevron Corporation (CVX). Below are some highlights from the above-linked analysis:Company Description: Chevron Corporation is a global integrated oil company (formerly ChevronTexaco) that has interests in exploration, production, refining and marketing, and petrochemicalsFair Value: In calculating fair value, I consider the NPV MMA Differential Fair Value along with these […]

The Commodities Feed: Positive Sentiment Continues

Dec 15, 2023 Jeremy Parkinson Finance 0

Image Source: DepositPhotosThe positive sentiment following the Fed’s comments continued yesterday, with energy and metals trading in green. As for metals, new sanctions by the UK on Russian metals combined with positive economic data from China further helped push prices higher. Energy – IEA estimates softer oil demandICE Brent has been firm this morning after finishing yesterday […]

Ripple Issues Whitepaper On CBDCs, Emphasizing Financial Inclusion

Dec 15, 2023 Jeremy Parkinson Finance 0

Image Source: DepositPhotosRipple, a key player in the blockchain industry, has released a whitepaper focusing on Central Bank Digital Currencies (CBDCs).This move underscores Ripple’s commitment to advancing digital currencies and its active role in CBDC collaborations globally. Let’s delve into the details of Ripple’s whitepaper and its implications for the cryptocurrency landscape. Ripple’s white paper on CBDCsRipple’s newly […]

Costco’s Strong Start: Q1 Earnings Soar To $3.58 Per Share

Dec 15, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Costco Wholesale Corporation (COST) had a robust start in the first quarter of fiscal year 2024, with EPS reaching $3.58, surpassing expectations.Costco Wholesale Corporation (Nasdaq: COST), a renowned leader in the wholesale industry, has once again demonstrated robust financial health in its first quarter of the fiscal year 2024. Significant increases in key […]

BTC/USD Forecast: Will Bitcoin Continue To Rally?

Dec 15, 2023 Jeremy Parkinson Finance 0

In the end, Bitcoin’s journey is marked by significant levels at $40,000, $45,000, and potentially $47,500 and $50,000, each holding their own importance in terms of technical and psychological impact. Bitcoin’s recent trading activity has been a topic of much interest, especially during Thursday’s session. The cryptocurrency displayed a mix of ups and downs, indicating a […]