December 2023 - Page 147 of 232 -

Solana Is Rising To 77.77 And Cardano Is Close To 80.00

Dec 12, 2023 Jeremy Parkinson Finance 0

Solana chart analysisDuring the weekend, we saw the price of Solana at the 77.77 level. That’s how we formed this year’s new high. This was followed by a pullback that lowered the price to the 66.00 support level yesterday. We get support at this level and recover to the 72.00 level. Now, we need the […]

The Markets Are Front Running The First Rate Cut

Dec 12, 2023 Jeremy Parkinson Finance 0

In October, the markets were down 10% from the July high, bond yields were touching 5%, and talk of a coming recession was rampant. What happened?Interestingly, a Wall Street axiom says, “Sell the last Fed rate hike.” The reason is that when the Fed starts cutting rates, it is due to the onset of a recession, a […]

EUR/USD Forex Signal: Threatening Bullish Breakout Above $1.0773 Today’s EUR/USD Signals Short Trade Ideas Long Trade Idea EUR/USD Analysis

Dec 12, 2023 Jeremy Parkinson Finance 0

Trading today is complicated by the fact that the US inflation data release near the start of the New York session could cause a lot of directional volatility, so traders should beware of that. My previous EUR/USD signal on 7th December was not triggered as there was insufficiently bearish price action when the resistance levels were first reached […]

Stepping On A Rake

Dec 12, 2023 Jeremy Parkinson Finance 0

Image Source: Pexels The year 2008 and the subsequent Global Financial Crisis (GFC) stand as a watershed moment in the annals of our capitalist society. It was a bailout prompted by poor capital allocation, deficient risk management, and unchecked greed. More significantly, it marked a seismic shift, both financially and psychologically. Financially, it represented a substantial […]

S&P 500 Forecast: Sees Volatility

Dec 12, 2023 Jeremy Parkinson Finance 0

In the event of a breakdown from the current levels, a market reset in January seems plausible, with traders eagerly seizing any opportunities presented by a dip. The S&P 500 exhibited a modest retreat during Monday’s trading session, a move that could be signaling an imminent major breakout on the horizon. The pivotal 4600 level has emerged […]

IPOs In 2024 Could Bring Over $100 Billion To Stock Markets – But Which Ones Will Win The Race? Five top anticipated IPOs of 2024 by expected valuation size: 1. Stripe 2. Databricks 3. Ola Electric 4. Klarna 5. Reddit

Dec 12, 2023 Jeremy Parkinson Finance 0

Experts the world over have anticipated a ‘soft landing’ end to 2023 and a much milder, more dovish 2024 as inflation and interest rates progressively lower.FreepikAnd so it is that investors’ eyes have turned more and more away from bearish asset classes and started eyeing up equities again. The stock market has noticed it too, […]

Gold Price Remains On The Defensive Ahead Of US CPI Data

Dec 12, 2023 Jeremy Parkinson Finance 0

Image Source: DepositPhotosGold prices (XAU/USD) ticked higher on Tuesday’s early trade, yet with price action unable to find a meaningful acceptance above the $1,990 level. The precious metal remains practically flat on the day as traders await the release of the US Consumer Prices Index (CPI) figures, which will lay the groundwork for Wednesday’s Federal Reserve’s […]

Energy Stocks Face Headwinds In 2024: Analysts Predict Price Downturn

Dec 12, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Rising Spare Capacity Threatens Oil PricesThe primary driver of this bearish outlook is the growing global spare oil capacity. As defined by the Energy Information Administration, spare capacity represents the amount of oil production that can be quickly brought online and sustained for at least three months. Currently, this figure stands at an […]

Occidental’s Crownrock Deal Caps Busy Year Of Permian M&A

Dec 12, 2023 Jeremy Parkinson Finance, No picture 0

UnsplashOccidental Petroleum Corporation’s (OXY) $12 billion deal to acquire CrownRock LP added to the rush of M&A activity in the Permian Basin in 2023 as operators looked to build future drilling inventory in the massive Texas and New Mexico resource play.The deal saw Occidental acquire 170,000 boe/d of production in the Midland Basin, along with […]

General Electric Co. Blue Box Area Wins Again. What’s Next?

Dec 12, 2023 Jeremy Parkinson Finance 0

Hello everyone. In today’s article, we will look at the past performance of the 1 Hour Elliott Wave chart of General Electric Co. ($GE). The rally from 10.23.2023 low unfolded as a 5 wave impulse. So, we expected the pullback to unfold in 7 swings and find buyers again. We will explain the structure & […]