January 2024 - Page 19 of 87 -

Markets Missed It “By That Much”

Jan 09, 2024 Jeremy Parkinson Finance, No picture 0

Video Length: 00:03:50Markets “missed it by that much,” failing to conclude the first five days of January trading with a gain, despite an immense amount of selling pressure. What does that mean for markets in the future? Technically, if the first five days of January are negative, so will the rest of the month AND […]

MicroMarvet – Fulcrum Therapeutics – Confusing Projections And Recommendation

Jan 09, 2024 Jeremy Parkinson Finance, No picture 0

MicroMarvel is a series of articles highlighting undercovered stock with less than a billion dollars in Market Capitalization. These articles are not intended to be buy recommendations. They highlight stocks that may have limited trading volume and may be highly volatile so if you do decide to add them to your portfolio I highly recommend […]

Stocks: Even More Uncertainty Following Yesterday’s Rally

Jan 09, 2024 Jeremy Parkinson Finance, No picture 0

Stocks rallied yesterday, but will the market break higher? Thursday’s CPI data is in focus.The stock market retraced most of last week’s decline yesterday as expectations of monetary policy easing quickly resurfaced following remarks from FOMC Members. Yesterday, I noted that “(…) currently, it appears to be just a correction of December’s advances”, and indeed, the prediction […]

Gold Price Analysis Today: Gold Holds Firm Against Dollar Strength

Jan 09, 2024 Jeremy Parkinson Finance, No picture 0

At the beginning of this week’s trading, the gold price XAU/USD attempted to rebound higher, but its gains did not exceed the $2046 per ounce level. With the continued gains of the U.S. dollar influenced positively by American job figures at the end of last week, gold selling resumed with losses reaching the $2016 per […]

Degrowth Advocates Misunderstand The Business Cycle

Jan 09, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pixabay December saw a resurgence of “degrowth” advocates in the media, with two articles published by Nature garnering special attention on X (formerly Twitter).The fallacies underlying the degrowth movement are not new in economics, but it’s worth revisiting them and their important connections to monetary policy in the age of central banking.Proponents of degrowth will usually argue the […]

US Dollar Ticks Up With Traders Turning Averse From Risk Assets

Jan 09, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The US Dollar trades in the green while equities retreat. Traders will look at US Trade Balance numbers. The US Dollar Index remains above 102.00, though downside pressure remains present. The US Dollar (USD) trades broadly steady on Tuesday’s European morning, posting gains against most G20 currencies. Still, measured by the DXY […]

Bitcoin And Ethereum: Bitcoin Rises Above $47000 Yesterday

Jan 09, 2024 Jeremy Parkinson Finance, No picture 0

Bitcoin chart analysisYesterday, with a strong bullish consolidation, the price of Bitcoin jumped to the $47,281 level. This year’s new high was formed at that level. After that, we are looking at a slight pullback to support at the $46400 level. For now, Bitcoin is managing to hold above that support level, which could produce a […]

2024 Market & Economic Outlook

Jan 09, 2024 Jeremy Parkinson Finance, No picture 0

During the last week of December, I polled my Twitter followers for their outlook on the markets and the economy for 2024. The results were quite interesting, but before we look forward, we must look back at 2023 for context.Last year was not what the majority of mainstream economists and analysts predicted. Going into last […]

NASDAQ 100 Signal: Takes Off

Jan 09, 2024 Jeremy Parkinson Finance, No picture 0

There should continue to be plenty of volatility as larger traders are putting positions on for the year, and a lot of times this big money has to be scaled in. The NASDAQ 100 initially pulled back slightly during the trading session on Monday, but turned around right at the open in New York, to […]

Still Waiting For A Clear Risk-Off Signal At 2024’s Start

Jan 09, 2024 Jeremy Parkinson Finance, No picture 0

There’s no shortage of reasons to be cautious about the near-term outlook for markets, but reviewing trend behavior via several sets of ETF pairs continues to reflect a positive trend for risk assets through yesterday’s close (Jan. 8, 2023).To be fair, every trend hits a wall eventually, and it’s often difficult if not impossible to […]