January 2024 - Page 83 of 87 -

EUR/USD Forecast: January 2024

Jan 01, 2024 Jeremy Parkinson Finance, No picture 0

December provided EUR/USD traders with a rather difficult track if they were not prepared with solid risk management. The first two weeks of the month delivered a test of emotional fortitude for EUR/USD speculators, particularly if they had bullish sentiment. Trading started in a hectic manner as a late November selloff produced a low of nearly 1.08300 […]

S&P 500 Forecast: Looks At Highs Final Session of the Year

Jan 01, 2024 Jeremy Parkinson Finance, No picture 0

Given the prevailing circumstances, adopting a strategy of purchasing during price dips appears rational. Friday’s trading session demonstrated initial attempts to stage a rally. However, the 4,800-level proved to be an insurmountable hurdle. This level marks the historical pinnacle of the market and encountering resistance when approaching it is entirely expected. The current market conditions […]

ETF Battles: VOO Vs. Mega Cap ETFs – Triple Header

Jan 01, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: DepositPhotosIn this episode of ETF Battles, Ron DeLegge ETF guide referees an audience requested triple header contest between mega cap ETFs from Blackrock (IWY) and Invesco (XLG) dueling against the S&P 500 ETF from Vanguard (VOO). Which ETF is the best investment choice?Video Length: 00:21:37 More By This Author:ETF Battles: VOO Vs. Mega Cap ETFs – […]

Gold Stocks Vs. Tech Stocks – The Little-Known Link

Jan 01, 2024 Jeremy Parkinson Finance, No picture 0

What a perfect way to end the year! Clear breakouts, obvious breakdowns, and a major signal from tech stocks.In my recent gold price forecast for January 2024, I wrote about the most important of the recent technical events in gold (gold’s weekly reversal), and in today’s free analysis, I’ll focus on something far less obvious.It’s been […]

CLoud Stocks: Analysis Of AMD’s Acquisitions

Jan 01, 2024 Jeremy Parkinson Finance, No picture 0

Global AI semiconductor revenue is expected to grow 26% to $67.1 billion in 2024. By 2027, AI chips revenue is expected to reach $119.4 billion. While Nvidia remains a leading player, rival AMD (AMD) is expanding its presence within the AI space. AMD’s Financials AMD was founded in 1969 by a group of tech experts under the leadership […]

SPY Reversal Danger

Jan 01, 2024 Jeremy Parkinson Finance, No picture 0

I hope you had great New Year‘s Eve celebrations, and once again Happy New Year! S&P 500 was again rejected at 4,840, and started slowly losing altitude into Chicago PMI, which ushered in selling wave as the figure (46.9 vs. 50.1 expected) didn‘t really boost the ruling soft landing narrative in a heavily optimistic market.One […]

Ethereum Forecast: Builds Upward Pressure Momentum and Consolidation

Jan 01, 2024 Jeremy Parkinson Finance, No picture 0

At the end of the day, Ethereum’s recent price movements reflect a pattern of buyers stepping in during dips, signaling a quest for value opportunities. Ethereum’s recent trading sessions have exhibited some fluctuations, but it appears that buyers are stepping in during brief dips. This pattern suggests that market participants are actively seeking value opportunities. […]

Art Cashin Sees This Key Risk For SPY And QQQ ETFs In 2024

Jan 01, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pixabay Art Cashin, the head of UBS Floor Operations, is optimistic about the market in 2024. He believes that US equities tend to do well in an election year. The main risk he sees is on geopolitical risks around the world. Arthur Cashin, the UBS Director for Floor Operations, is one of the top […]

3 Dividend Stocks To Maximize Your Retirement Income

Jan 01, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PixabayStrange but true: seniors fear death less than running out of money in retirement.And older Americans have legitimate reasons for this worry, even if they have dutifully saved for their golden years. That’s because the traditional ways people manage retirement may no longer provide enough income to meet expenses – and with people generally […]

Current Market Trends: Embrace Corrections, Reject Euphoria

Jan 01, 2024 Jeremy Parkinson Finance, No picture 0

Image source: PixabayIn the current financial landscape, the market sentiment is decidedly negative. This sentiment has been confirmed repeatedly, with most players not bullish. This is a unique situation, as no bull market has ever ended on a note of anxiety.Our proprietary “anxiety index” reveals that the crowd is now a tad bit too euphoric, with […]