December 2023 - Page 173 of 232 -

Cloud Stocks: Veeva Sees Traction On Vault CRM

Dec 08, 2023 Jeremy Parkinson Finance 0

Image Source: DepositPhotosAccording to a recent report, the global healthcare cloud computing market is expected to grow 21% annually to $62.47 billion by 2030. Veeva (NYSE: VEEV) recently announced its quarterly results that continued to impress the market. Veeva’s FinancialsVeeva’s Q3 revenues grew 12% to $616.5 million, ahead of the Street’s forecast of $615.8 million. Non GAAP […]

NZDUSD Is Recovering In An Impulsive Fashion

Dec 08, 2023 Jeremy Parkinson Finance 0

“The Kiwi” with ticker NZDUSD is finally trying to wake up with strong reversal, which can be signal that strong support at 0.5774 is in place, especially now that we have higher highs and higher swing lows formation on the 4h chart. In fact, there is also some accelerating price action through 0.6050 level which […]

EUR/USD Price In Demand Zone, All Eyes On US NFP

Dec 08, 2023 Jeremy Parkinson Finance 0

The EUR/USD price slipped lower after reaching yesterday’s high of 1.0817. The pair is trading at 1.0785 at the time of writing.The short-term bias remains bearish. Hence, more declines are still in the cards. The US dollar dropped significantly, which provided room for Euro buyers.Yesterday, the US and the Eurozone reported mixed data. The US […]

Bitcoin Spot ETFs Could See $40.4B In Inflows Over First Two Years: Report

Dec 08, 2023 Jeremy Parkinson Finance, No picture 0

Based on the relative ratios of the first gold exchange-traded fund (ETF) launched in 2004, VanEck’s analysts predicted spot Bitcoin ETF to witness over $40 billion in inflows over the first two years of trading. Further, the asset manager also forecasted BTC to hit a new all-time high (ATH) in Q4 2024. Spot Bitcoin ETF to See $1B […]

NDX And XLC Revival Now

Dec 08, 2023 Jeremy Parkinson Finance 0

S&P 500 defended my key 4,555 level, the plan presented yesterday worked, and stocks even managed to get to 4,590. As optimistic as that result is, it‘s still within the long and tight range ruling since second half of Nov. While positive in general, the rotations and market breadth leave much to be desired following […]

Bull Of The Day: Griffon

Dec 08, 2023 Jeremy Parkinson Finance 0

Griffon’s (GFF) stock has offered investors the steady growth and value they look for in the portfolio and lands the Bull of the Day after being added to the Zacks Rank #1 (Strong Buy) list on Thursday.The multinational conglomerate and holding company has an expanding presence in the home and building products market along with the […]

Crude Oil Forecast: Bounces Slightly

Dec 08, 2023 Jeremy Parkinson Finance 0

Market participants should exercise caution and closely monitor developments, especially considering the impact of macroeconomic forces on crude oil prices. The crude oil markets exhibited some upward movement during the trading session on Thursday, hinting at a possible correction to the oversold conditions. This being said, it is unlikely that it means it’s the end of the […]

USD/.JPY Outlook: Yen Heads For A Stellar Week Against The Dollar

Dec 08, 2023 Jeremy Parkinson Finance 0

As the week drew to a close, the USD/JPY outlook took a bearish turn, driven by the yen’s formidable rally. The currency surged, poised for its most impressive performance against the dollar in nearly five months. This surge came from increased bets that Japan’s ultra-low interest rates are approaching their end. Moreover, the yen’s overall strength […]

Theta Token/ U.S. Dollar Elliott Wave Technical Analysis: Friday, December 8

Dec 08, 2023 Jeremy Parkinson Finance, No picture 0

Elliott Wave Analysis TradingLounge Daily Chart, 8 December 23,Theta Token/ U.S. dollar(THETAUSD)THETAUSD Elliott Wave Technical AnalysisFunction: Counter trendMode: CorrectiveStructure: FlatPosition: Wave (2)Direction Next higher Degrees: wave ((2)) of ImpulseWave Cancel invalid Level:Details: Retracement of wave ((2)) usually .50 or .618 x Length wave ((1))Theta Token/ U.S. dollar(THETAUSD)Trading Strategy : Overall, Theta Token is still in […]

Technical Analysis Of USDCAD: Buy Or Sell?

Dec 08, 2023 Jeremy Parkinson Finance, No picture 0

Both the Federal Reserve and the Bank of Canada are indicating a shift in their stance towards a more neutral position, likely due to the recent economic data showing signs of slowing growth and easing inflation. While neither central bank has yet lowered interest rates, both markets are anticipating rate cuts to begin as soon […]