December 2023 - Page 83 of 232 -

Silver Forecast: Sees Momentum To The Upside, But Also Sees Questions

Dec 20, 2023 Jeremy Parkinson Finance 0

It’s important to note that the intention to short silver in the foreseeable future is not advisable, given the prevailing market dynamics. Silver experienced a modest rally during Tuesday’s trading session, reaching the pivotal $24 level. This level garners significant attention due to its large, round, and psychologically important nature. It has historically served as both […]

Market Briefing For Wednesday, December 20

Dec 20, 2023 Jeremy Parkinson Finance 0

Market ‘Defying Gravity’ is the prevailing view, which is absolutely a limited perspective of action. You aren’t yet at ‘normalization’ of the various ratios that historically characterize coming-out of a quagmire (that most stocks endured). FreepikSo of course, the S&P (viewed without thought) appears overbought (and is in a sense), but when viewed based on the market […]

Pound Sterling Tumbles On Soft UK Inflation Data

Dec 20, 2023 Jeremy Parkinson Finance 0

Photo by Colin Watts on Unsplash Pound Sterling drops sharply as UK inflation softened sharply in November. UK’s monthly headline inflation surprisingly contracted by 0.2%. Investors may raise bets in favor of early rate cuts by the BoE. The Pound Sterling (GBP) fell sharply after the United Kingdom’s Office for National Statistics (ONS) reported a significant decline in inflation […]

The Fed’s Empire Of Speculation And The Echoes Of 1929

Dec 20, 2023 Jeremy Parkinson Finance 0

Image Source: Pexels The Federal Reserve has so completely normalized speculative excess that these extremes are no longer even recognized as extremes. Rather, they are simply “the way the world works.” This Empire of Speculation is complex and plays out on multiple levels.The primary mechanism is obvious to all: whenever the equity market falters, the Fed unleashes a flood tide […]

AUD/USD Forex Signal: Bulls Prevail As Fed And RBA Diverge

Dec 20, 2023 Jeremy Parkinson Finance 0

Bullish view Buy the AUD/USD pair and set a take-profit at 0.6825. Add a stop-loss at 0.6695. Timeline: 1-2 days. Bearish view Sell the AUD/USD pair and set a take-profit at 0.6692. Add a stop-loss at 0.6825. The AUD/USD price continued its spectacular comeback after the relatively hawkish Reserve Bank of Australia (RBA) minutes. The pair spiked to a […]

Surprise UK Inflation Slide Bolsters Chances Of Summer Rate Cut

Dec 20, 2023 Jeremy Parkinson Finance 0

UK inflation has come in much lower than expected for November and markets are now pricing a whopping 140bp of cuts next year. That’s maybe pushing it, but investors are right to be thinking about several cuts next year, despite the Bank of England’s recent pushback.Image Source: PixabayUK inflation has dipped below 4%, and that’s a huge […]

These Are The World’s Fastest-Growing Economies In 2023

Dec 20, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashGuyana, located on the north-eastern coast of South America, is emerging as a significant economic force.As Statista’s Martin Armstrong reports, according to the International Monetary Fund (IMF), the real GDP of this country with a population of 800,000 is expected to have grown by around 38.4 percent in 2023 (as of October 2023).No other country has recorded a […]

SPDR ETF Report For Tuesday, December 19

Dec 20, 2023 Jeremy Parkinson Finance 0

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day just ended, Tuesday, December 19.Video Length: 00:15:39More By This Author:Financial Markets Report For Tuesday, December 19Metals Report For Tuesday, December 19SPDR ETF Report For Monday, December 18

Current Analysis: Fidus Investment Corporation

Dec 20, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashFidus Investment Corp (FDUS) is an externally managed, closed-end, non-diversified management investment company that has elected to be treated as a business development company.The company provides customized debt and equity financing solutions to lower middle-market companies, which management generally defines as U.S. based companies with revenues between $10 million and $150 million. The company […]

QQQ And QQQM ETFs Top Gainers And Laggards Of 2023

Dec 20, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay The Nasdaq 100 index surged by more than 54% in 2023. Big companies in the index like Nvidia and Meta were the top gainers. Moderna, JD, Enphase Energy, and PayPal were the top laggards. Technology stocks are having a strong performance this year, helped by the ongoing artificial intelligence (AI) craze and hopes […]