December 2023 - Page 89 of 232 -

Coinbase Stock Is Up 44% Over Last 30 Days As Bitcoin ETF Hype Grows

Dec 19, 2023 Jeremy Parkinson Finance 0

Image courtesy of 123rf.com Shares of Coinbase (Nasdaq: COIN), one of the biggest regulated crypto exchanges, rose over 44% over the past 30 days amid the latest crypto bull run fueled by growing excitement over spot exchange-traded funds (ETFs). Recent investment firm Compass Point hiked its price target from $145 to $200 on Coinbase’s stock joining other analysts warming up […]

AgMaster Report – Tuesday, Dec. 19

Dec 19, 2023 Jeremy Parkinson Finance 0

JAN BEANS We’re officially amidst the HOLIDAY DOLDRUMS – the 2-week year-end period encompassing Christmas & New Years! Volume is down & volatility could be high & new fundamentals are scarce! The above chart highlights that fact as the Dec has so far given us a tight trading range (1290-1340) which will probably continue thru […]

Daily Check Analysis: BTC Pulse On Tuesday, Dec. 19

Dec 19, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash In the cryptocurrency market journey, the last few days have been nothing but uncertainty. As Bitcoin, our crypto pioneer, experienced a significant drop from $43,440 to $40,513 in the 4-hour timeframe, this downward trend sent waves of anxiety through the community. The increased selling pressure seen on significant volumes during the downward movement […]

China Offers Warning On Euphoric Asset Prices Elsewhere

Dec 19, 2023 Jeremy Parkinson Finance 0

China’s economy is struggling through a multi-year downturn in the property market, a slump in manufacturing activity, and falling exports. Other countries and markets should take note.A triple whammy of falling real estate and stock prices amid credit defaults has hurt household net worth and consumer confidence. See, China’s real estate meltdown is battering the middle […]

Elliott Wave Video: Aussie, DXY, USDJPY And Bitcoin

Dec 19, 2023 Jeremy Parkinson Finance, No picture 0

The theme of the day is BoJ who did not change its policy, so as a result JPY is down, with USDJPY climbing higher and searching for resistance which eventually can be a bit higher. However, we still think that USDJPY can see some nice turn down in 2024 as Ueda noted that there can […]

Paris – Europe’s New Capital And A City Of Light For Investors

Dec 19, 2023 Jeremy Parkinson Finance, No picture 0

Photo by Anthony DELANOIX on Unsplash On March 15, 1667, Louis XIV made Gabriel Nicolas de la Reynie the Lieutenant General of Police, entrusting him with the task of making Paris more safe. In addition to quadrupling the number of policemen in the city, one of the measures was to install more lighting. Lanterns were […]

Gold And The Great Disintegration

Dec 19, 2023 Jeremy Parkinson Finance 0

What lies ahead for investors of the world in 2024? For some insight into this key matter:Jan Hatzius is Goldman’s top economist… and he is calling for five rate cuts in 2024.Jan says the entire world economy is experiencing a “great disinflation” and he is sure that central banks will respond aggressively.Is Jan correct? Jan is correct about oil. […]

EUR/USD Forex Signal: Bearish Flag Pattern Forms

Dec 19, 2023 Jeremy Parkinson Finance 0

The EUR/USD pair tumbled on Friday as traders questioned the predictions of Fed officials. Bearish view Sell the EUR/USD pair and set a take-profit at 1.0880. Add a stop-loss at 1.0955. Timeline: 1-2 days. Bullish view Set a buy-stop at 1.0935 and a take-profit at 1.1000. Add a stop-loss at 1.0875. The EUR/USD exchange rate rose slightly ahead of the […]

Housing Under Construction Continues To Levitate

Dec 19, 2023 Jeremy Parkinson Finance 0

Although they aren’t the most leading housing metrics, because of supply-chain issues during the pandemic, housing units under construction has been the most important one, because they represent the actual economic activity of construction. With the exception of 2001, which was an investment-led downturn, they also have always turned down significantly before a recession has […]

Navigating The Stocks Amidst Global Market Dynamics

Dec 19, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay Most Asian stocks experienced a subdued performance on Tuesday, maintaining a narrow range following a recent post-Federal Reserve rally. Japanese markets, however, defied the trend, surging after the Bank of Japan (BoJ) adhered to its ultra-dovish course. We delve into the intricacies of the current stock market landscape, exploring the impact of central bank decisions, […]