2023 - Page 40 of 569 -

Oil Rises Amid Risks Of Supply Disruption Across The Red Sea

Dec 26, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash At Friday’s close, the Dow Jones Index (US30) was up by 0.15% (+0.15% for the week), while the S&P 500 Index (US500) increased by 0.17% (+0.61% for the week). The Nasdaq Technology Index (US100) closed positive by 0.19% (+1.21% for the week).On Friday, the US PCE deflator for November fell to a 2-year low of 2.6% y/y from October’s revised 2.9% y/y and was weaker […]

Spot Bitcoin ETF May Get Rejected If Filings Do Not Reach SEC By New Deadline

Dec 26, 2023 Jeremy Parkinson Finance, No picture 0

In 2024, the crypto market is going to be dancing to the tune of the response to the spot Bitcoin ETF approval. The January 10 deadline will either act as a bullish catalyst to Bitcoin price and other crypto assets or result in an unprecedented crash. However, who will command this price action will depend on who […]

EUR/USD Forex Signal: Bullish Outlook In A Thin Market

Dec 26, 2023 Jeremy Parkinson Finance, No picture 0

The EUR/USD pair has been in a slow uptrend as the US dollar sell-off continued. Bullish view Buy the EUR/USD pair and set a take-profit at 1.1125. Add a stop-loss at 1.0900. Timeline: 1-2 days. Bearish view Set a sell-stop at 1.1000 and a take-profit at 1.0950. Add a stop-loss at 1.1125. The EUR/USD exchange rate rose to its highest […]

A Major Sell Signal Triggered

Dec 26, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Pixabay In this week’s Dirty Dozen [CHART PACK] we go over the major sell signals triggered last week and discuss what this means for the market. We then talk about the current consensus and how that consensus is wrong, and we end with a look at a beaten-down Brazilian play, plus more…1. Well… we got the +90% Trend […]

S&P 500 Forecast: Sees Pressure To Upside Into The Holidays

Dec 26, 2023 Jeremy Parkinson Finance, No picture 0

It is prudent to monitor the prospect of a slowing economy, as concerns about corporate earnings may arise shortly. The S&P 500 index exhibited a marginal rally during Friday’s trading session as the holiday season approached. In the broader context, it’s reasonable to anticipate a continued upward trend in the market over the long term. However, it’s […]

Bitcoin And Ethereum: Bitcoin Slips Below $43000 Level

Dec 26, 2023 Jeremy Parkinson Finance, No picture 0

Bitcoin chart analysisToday, we see a pullback in the price of Bitcoin to the $42565 level. The price failed to hold above the $43,500 level, and a drop below followed and a drop to this morning’s low. We remain under pressure in this zone, which could have a negative impact and take us even lower. […]

Sensex Today Trades Flat; NTPC & UPL Top Gainers

Dec 26, 2023 Jeremy Parkinson Finance, No picture 0

Asian markets gave up initial gains amid thin trading volumes. The trading momentum remained subdued, as many markets globally are closed for the extended Christmas holiday.The Nikkei is trading 0.2% higher while the Hang Seng index is trading 1.6% lower.US stocks gyrated to a mixed close on Friday as investors headed into the Christmas holiday […]

3 Reasons Why Amphastar Is A Great Growth Stock

Dec 26, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: DepositPhotosGrowth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market’s attention and deliver solid returns. But finding a great growth stock is not easy at all.That’s because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which […]

USD/CNY: Renminbi Outlook As Iron Ore Prices Rally Gains Steam

Dec 26, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The USD/CNY pair has retreated sharply from the YTD high. Iron ore prices have been in a strong uptrend, reaching a high of $140. Copper prices have also risen as China attempts to boost its economy. The renminbi has bounced back against the US dollar as the DXY index pulled back and […]

BTC/USD Forex Signal: Bitcoin Wavers As Santa Rally Fades

Dec 26, 2023 Jeremy Parkinson Finance 0

Bearish view Sell the BTC/USD pair and set a take-profit at 42,598. Add a stop-loss at 44,200. Timeline: 1-2 days. Bullish view Set a buy-stop at 43,500 and a take-profit at 44,500. Add a stop-loss at 42,500. Bitcoin (BITCOMP) price remained in a consolidation mood during the Christmas weekend as traders waited for the next big news. The BTC/USD […]