December 2023 - Page 165 of 232 -

Potential Cup & Handle Pattern In The S&P 500 Index

Dec 09, 2023 Jeremy Parkinson Finance 0

I do not base my investment decisions on classical chart patterns. However, one can easily see that the S&P 500 index has formed a type of potential cup & handle pattern on the weekly chart, as shown below. More By This Author:One Year Real Return Of Iceland’s OMXIGI Is Currently -16% Bullish Case For S&P 500 Index Breakout In […]

Tis The Season For Seasonality Trading

Dec 09, 2023 Jeremy Parkinson Finance, No picture 0

This week, Charlotte Mcleod and I discuss the short and long-term outlook for gold, silver, uranium, the US dollar, commodities, and the seasonality of the stock market on Investing News Network. Video length 00:34:50With the dwindling number of trading days left, it’s time to look into what the coming year may bring. Charlotte and I discuss […]

What Would A Job-Based Industrial Policy Look Like?

Dec 09, 2023 Jeremy Parkinson Finance 0

Photo by Hoang NC In some ways, “industrial policy” is a triumph of marketing and branding. With most proposals for corporate tax breaks or subsidies, there is a healthy dose of skepticism and pushback, often using of critical terms like “corporate welfare” or “trickle-down economics.” But if corporate tax breaks and subsidies can be relabeled […]

Capital Gain Distributions: Still Not Your Friend. But Now, Interest Is Frenemy Too

Dec 09, 2023 Jeremy Parkinson Finance 0

It’s the time of year that investors typically dread: capital gain distribution season! This period brings the not-so-pleasant anticipation of how hefty THIS year’s tax bill may become. At the end of every year, both mutual funds and exchange traded funds need to calculate their net realized capital gains (both short term and long term, since […]

Ferrari (RACE) Beats Stock Market Upswing: What Investors Need To Know

Dec 09, 2023 Jeremy Parkinson Finance 0

Photo by Brandon Atchison on Unsplash Ferrari (RACE – Free Report) closed the latest trading day at $366.75, indicating a +0.82% change from the previous session’s end. The stock outperformed the S&P 500, which registered a daily gain of 0.41%. On the other hand, the Dow registered a gain of 0.36%, and the technology-centric Nasdaq increased by 0.45%.Shares of the […]

Technical Market Report For December 9, 2023

Dec 09, 2023 Jeremy Parkinson Finance, No picture 0

The good news is: The Dow Jones Industrial Average (DJIA), the Nasdaq composite (OTC) and the S&P 500 (SPX) all closed at their highs for the year on Friday. The NegativesThe market is overbought.The first chart covers the last 6 months showing the SPX in red and a 10% trend (19 day EMA) of NYSE […]

Deloitte: Five Ways To Invest In Technology In 2024 … That Aren’t AI 1. DevEx minded software – and companies 2. Augmented Reality (AR) software and devices 3. The industrial Metaverse 4. Metaverse-optimised spatial technology gear 5. Technologies and companies specialising in tech stack and core improvement

Dec 09, 2023 Jeremy Parkinson Finance 0

Photo by Steve Johnson on UnsplashThis time last year, what was then a small private company called OpenAI launched a little something called ChatGPT on November 30th… and changed the world as we know it.Since then, it’s fair to say that the world – and the finance sector with it – has gone AI-crazy. Microsoft funneled billions into […]

Whither The U.K. Economy?

Dec 09, 2023 Jeremy Parkinson Finance 0

Photo by Mathieu Stern on Unsplash In my experience, discussions of the UK economy almost immediately jump to the “Brexit” question, or whether it was wise for the United Kingdom to leave the European Union. But the Brexit vote was in 2016, and problems with the UK economy are apparent in the data well before the bill passed. Ending […]

Did Investors Front Run “Santa Claus?”

Dec 09, 2023 Jeremy Parkinson Finance, No picture 0

Market Review And UpdateLast week, we noted that the current rally was exceptionally extended, and corrective or consolidative action was necessary. “While it seems as if ‘nothing will stop the market,’ such was the same sentiment we discussed in July in “Trading An Unstoppable Bull Market.” To wit: ‘We must remember that market advances can […]

NAS100 Forex Weekly Technical Analysis – Saturday, December 9

Dec 09, 2023 Jeremy Parkinson Finance 0

NAS100 Forex Weekly Technical Analysis Video Length: 00:02:53 More By This Author:US30 Analysis Today & US30 Week Ahead Forecast Saturday, December 2 USDX Weekly Technical Analysis – Saturday, December 2 XAUUSD GOLD Analysis & XAUUSD GOLD Week Ahead Forecast – Saturday, December 2