2023 - Page 60 of 569 -

Exxon Mobil Looks Attractive For 2024

Dec 22, 2023 Jeremy Parkinson Finance 0

Exxon Mobil with ticker XOM has been consolidating in the past year, but it may now have a completed larger (A)-(B)-(C) irregular flat correction in wave 4 and it can be looking for a rally back to highs for wave 5 in 2024. We know that Exxon Mobile is an oil company, so at the […]

The Energy Report: T’was The Last Energy Report Before Christmas! Merry Christmas All!

Dec 22, 2023 Jeremy Parkinson Finance, No picture 0

T’Was the Last Energy Report Before Christmas,When Angola dropped out, leaving OPEC concord riddled with doubtThe cartel cut production with care, but Angola did not think its share was so fair.Yet the Saudis went full steam ahead, cut their quota, and said to drop dead.Plus Angola’s production was under its cap; while the UAE craved […]

Sensex Today Ends 242 Points Higher; Hindalco & Tata Motors Top Gainers

Dec 22, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash After opening on a firm note, the markets turned extremely volatile and ended the day in green.Domestic benchmark indices Sensex and Nifty rose marginally on Friday tracking positive cues from global markets. On a Sectoral basis, metal, pharma, and realty indices led the charge. Even broader markets witnessed healthy buying action.At the closing […]

Silver Forecast: Continues To See Buyers

Dec 22, 2023 Jeremy Parkinson Finance 0

In general, this market continues to exhibit volatility, but the prevailing upward pressure appears to be the predominant force at play. Silver displayed a modest rally during Thursday’s trading session, underlining the enduring interest in this market, particularly as interest rates in the United States continue to decline. Given this trend, it is reasonable to anticipate […]

Bear Of The Day: Cisco Systems

Dec 22, 2023 Jeremy Parkinson Finance 0

Company OverviewZacks Rank #5 (Strong Sell) stock Cisco (CSCO) is a leading multinational technology company specializing in networking hardware, software, and telecommunications solutions. Known for its extensive product portfolio, Cisco provides a range of networking equipment, including routers and switches, and software solutions for network management, security, and collaboration. The company offers telecommunications equipment, such as IP […]

SPX Range Established, Or Not

Dec 22, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay S&P 500 reversed higher into the GDP announcement, yet didn‘t keep the advance following that release. One more decline to establish a higher low, and only then rising steadily through the aftermarket. Broad market breadth, no warning sign to speak of – apart from VIX the trouble maker, which was the only one […]

Red Sea Avoidance Signals A Disruptive Start To 2024 For Trade And Supply Chains

Dec 22, 2023 Jeremy Parkinson Finance, No picture 0

Photo by Shaah Shahidh on Unsplash We didn’t expect a quiet year for trade and supply chains, but before it even started, the vital shipping sector has been once again pushed into the center of geopolitical conflicts. Companies have started avoiding the Red Sea and this already leads to significant delays in supply chains and price hikes on the […]

Gold Forecast: Technical Indicators Indicate The Continuation Of Gold’s Bull Run

Dec 22, 2023 Jeremy Parkinson Finance 0

XAU/USD trading strategy Buy/sell asset: Buy XAU/USD Entry price: $2,039 Stop loss: $2,026 Leverage: 1x Take profit 1: $2,055 Take profit 2: $2,075 Take profit 3: $2,100 Timeframe: 1-2 weeks Maximum profit: 3.1% Maximum loss: 0.6% XAU/USD chart and technical analysisThe price of gold is surging again after the retracement from an all-time high. The […]

The Rollercoaster Ride: Asia-Pacific Markets React

Dec 22, 2023 Jeremy Parkinson Finance 0

Image Source: Pexels In the ever-evolving landscape of global financial markets, investors are constantly faced with the challenge of navigating through fluctuations. As Asia markets track the overnight decline on Wall Street, it becomes crucial to dissect the recent events and identify potential avenues for strategic investment. We delve into the aftermath of the Wall Street […]

A Holly Jolly Holiday Season For Income And Spending As Well

Dec 22, 2023 Jeremy Parkinson Finance 0

Santa showed up with some more gifts in his bag this morning, in the form of a uniformly positive income and spending report for November.Nominally income rose 0.4% in November. Nominal spending rose 0.3%. Although prices as measured by the PCE deflator actually declined -0.1% for the month, after rounding both real income and spending […]