January 2024 - Page 51 of 87 -

Metals Report For Thursday, January 4

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:14:53More By This Author:SPDR ETF Report For Wednesday, January 3Financial Markets Report For Wednesday, January 3Metals Report For Wednesday, January 3

Crystal Ball Season

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashMARKETSThursday’s trading session brought a mix of New Year blessings, with the Dow Jones Industrial Average rising modestly, the S&P 500 declining, and the Nasdaq ending lower. As global investors assess the S&P 500’s decline, it raises questions about its potential role as a leading indicator for global stocks this year, given the heavy […]

Not Too Hot, Not Too Cold, The Jobs Report Needs To Be Just Right

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PixabayThe S&P 500 dropped by around 35 bps on the day, with most of the decline coming in the final minutes. Today, there was a large sell imbalance that was $4.1 billion, which helped to create that wave of selling into the close.The level of support was 4,700, which has been the important level for a […]

‘Goldilocks’ Gored By Growth Gains; Bitcoin Bounces As Rate-Cut Hopes Hammered

Jan 04, 2024 Jeremy Parkinson Finance 0

Strong jobs data (ADP jobs added more than expected, slowing wage growth, and initial jobless claims at 2023 lows) and strong Services economy survey data (PMI at 5 month highs) prompted higher Treasury yields today, and sent rate-hike expectations tumbling for March…Source: BloombergIn the words of one veteran trader (who happens to be long and wrong), “the growth’s just too […]

3 Top-Ranked Small-Caps Delivering Large Gains

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashSmall-caps have found plenty of buyers over the last few months, undoubtedly a welcomed development as investors look to find strength outside of large-caps.Many small-cap stocks turn out to be big winners in the long run, and they typically have less analyst coverage, providing investors an opportunity to get in somewhat “early” before the […]

AUD/USD Falls Back To 0.6700 As Aussie Grinds Lower

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The Aussie is down 0.4% against the Greenback as the AUD deflates. Thursday’s early risk-bid on China PMI beats gave way to pre-NFP positioning. USD NFP Friday to close out the first trading week of 2024. The AUD/USD continued to backslide on Thursday, slipping back into the 0.6700 handle after a short-lived rally sparked by […]

Walgreens Boots Alliance Triangle Top

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashWalgreens Boots Alliance (WBA) is a right triangle top I’ve mentioned recently here as well as on my tastylive show. Nice to see this one down about 7% today – – a good start!More By This Author:X-DividendOne-Week U-TurnA Review Of ETFs And Market Movements On Day One Of Trading

Debt Jumps Past $34 Trillion, $1 Trillion Interest, Another Budget Showdown Looms

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PixabayLost in the wake of debt topping $34 trillion is another budget showdown. Will this showdown be like all the other Republican capitulations? And what about the chants of hyperinflation?Debt Blasts Past $34 TrillionData from US Treasury, chart by MishQ&A on Debt LevelsThe Committee for a Responsible Federal Budget has a nice Q&A on Gross Debt […]

Rates Spark: No Validation Yet For Rates To Fall – Means Only One Thing!

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PixabayWe continue to expect market rates to get lower in 2024, but let’s take this one step at a time. Evidence is mounting for a step higher in market rates first. The eurozone economy remains a 3% inflation one and the angst level on the US labour market remains low. It’s not all about […]

Stocks And Precious Metals Charts – Following That Madness Into Hell

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashStocks continued to wallow in weakness.The Dollar chopped sideways.Gold and silver continued to drift lower.VIX crept higher to the 50 DMA.Tomorrow is the Non-Farm Payrolls report with all its attendant hoopla.This may likely set the direction of the markets.The Great Beast incites the leaders of other nations into madness.The innocent are sacrificed to the […]