2023 - Page 477 of 569 -

Stocks May Be Ready To Take Their Next Leg Lower Amid Higher Rates And A Stronger Dollar

Oct 31, 2023 Jeremy Parkinson Finance 0

Stocks traded higher for the second day, with the S&P 500 climbing by 65 bps. The index was oversold last week, and this week, that is no longer the case. The index trades well above the lower Bollinger band, with an RSI of around 40.We have now retraced about 61.8% of wave five down, and […]

WeWork Craters 36% After Hours On WSJ Bankruptcy Report

Oct 31, 2023 Jeremy Parkinson Finance 0

Less than 3 months after warning investors in its SEC filing that: “Our losses and negative cash flows from operating activities raise substantial doubt about our ability to continue as a going concern.” – WEWORK, SEC FILING, AUGUST 8TH, 2023. …and after a series of increasingly dire warnings over the financial condition of WeWork (WE) […]

Macro: House Prices — All-Time Highs

Oct 31, 2023 Jeremy Parkinson Finance 0

Housing prices were coming down this time last year. But, despite mortgage rates at their highest levels since 2000, housing prices are again appreciating and reached an all-time high in August.Summary Conclusions: Housing Affordability lowest since the early 80’s, surpassing 2006. Prices at an all-time high and rising. Housing sales volume approaching the lowest of […]

The Business Cycle And The Financial Markets

Oct 31, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Monetary and fiscal policies are fighting each other. This video shows you their impact on the business cycle and the financial markets. Video Length: 00:22:57More By This Author:This Business Cycle May Very Well Surprise You The Fed Does Not Matter The Mythical Recession, Business Cycle, And The Markets

Today Is The Perfect Day To Buy Bonds

Oct 31, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay Last month, I suggested that now is the perfect time to buy bonds. This weekend, Barron’s agreed, running a headline that said, “Time to Buy Bonds.”While I continue to hold dividend stocks for the long term, lately I’ve been putting most of my cash to work in fixed income.Treasurys are yielding more than they have since 2007. […]

Silver Price Analysis: XAG/USD Price Retreats Below $23.00 As Double-Top Looms

Oct 31, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay Silver price trips down and aims below the $23.00 mark, which was briefly visited by the grey metal and capped by a strong recovery from the Greenback. The XAG/USD is trading at $22.86, down 1.82%.A double-top in the daily chart is forming, suggesting that XAG/USD could retrace further, past the latest cycle low of […]

Market Talk – Tue., Oct. 31

Oct 31, 2023 Jeremy Parkinson Finance 0

ASIA:China’s economy faces instability post-lockdown, with slowed trade and a substantial $9 trillion debt burden. Additionally, there’s a concerning issue with employing young college graduates, as the youth unemployment rate for ages 16 to 24 reached a record 21% in May 2023, compared to the US rate of 7.4% in the same month. This high […]

AMD Tumbles On Disappointing Revenue Guidance, Drags Chip Names Lower

Oct 31, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Ahead of Apple’s earnings later this week, and the all-important NVDA results next month, all eyes were on chip giant AMD for an advance look into what one may expect. The answer, as so often has been the case this earnings season, was one of two parts: the present situation… and the outlook.Starting […]

Russell 2000 Testing Critical Price Support After Rare 100-Week Decline

Oct 31, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash It’s been a dreadful past couple of years for the Russell 2000 and small-cap stocks.Only in 2009 have small caps performed worse over a 100-week period – point (1) on today’s chart.Below we look at a long-term “weekly” chart to highlight some important technical developments that active investors should keep an eye on right here, […]

Wall Street Logs 3rd-Straight Monthly Loss

Oct 31, 2023 Jeremy Parkinson Finance 0

Despite modest gains today, all three major benchmarks finished October with their third-straight monthly loss. For the Dow and S&P 500, this is the worst monthly losing streak since January to March of 2020, the onset of the coronavirus pandemic. And while the Cboe Volatility Index (VIX) closed at two-week lows today, Wall Street’s “fear gauge” […]