March 2024 - Page 152 of 200 -

Financial Markets Report For Tuesday, March 12

Mar 12, 2024 Jeremy Parkinson Finance 0

Image Source: PexelsIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, March 12.Video Length: 00:12:58More By This Author:SPDR ETF Report For Monday, March 11Metals Report For Monday, March 11Financial Markets Report For Monday, March 11

USD/CAD Posts Modest Gains Below The 1.3500 Barrier, Investors Await US Retail Sales Data

Mar 12, 2024 Jeremy Parkinson Finance 0

Photo by Michelle Spollen on Unsplash USD/CAD trades with a mild positive bias around 1.3492 in Wednesday’s early Asian session. The upbeat US CPI inflation data for February might convince the Fed to wait until the summer before starting rate cuts. Moody’s Analytics stated that the BoC is at risk of weakening the economy by not cutting interest […]

Cisco Pullback Is Not Over Further Downside To Come

Mar 12, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashCisco Systems, Inc., commonly known as Cisco (CSCO), is an American-based multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware, software, telecommunications equipment and other high-technology services and products.CSCO Daily Chart October 2023Last October, we talked about an alternative view on CSCO. That was wave (II) has not finished and it could do a double correction. After 3 waves […]

How Did A Second Hot CPI Report Impact Fed Rate Cut Odds?

Mar 12, 2024 Jeremy Parkinson Finance 0

Image source: PixabayCME Fedwatch rate cut odds for June barley changed despite a second hotter than expected CPI report. But the rate cut odds did change for November and December.CME Fedwatch chart, anecdotes by Mish.In response to a second hotter than expected CPI report, the market priced out a rate cut for December.Near term odds through […]

Inflation Is Still In A Downtrend

Mar 12, 2024 Jeremy Parkinson Finance 0

Image Source: PexelsTuesday’s CPI report came in a touch hotter than expected at 3.2% on the headline and 3.8% on the core. Analysts were looking for 3.1% and 3.7%. Bonds sold off on the news as investors started to project the likelihood of later rate cuts. Some analysts will say that this is the beginning of […]

S&P 500 Notches New All-Time Closing High

Mar 12, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayThe S&P 500 index closed at a new record high this afternoon, knocking out the previous highs set back in January and coming in at 5175. Percentage-wise, the S&P gained +1.12% today, or +57 points. Before January, the last time the S&P index was this high was back in the very earliest trading sessions […]

Commodity: Bitcoin, USD, Gold, Silver, Copper, Uranium, Oil, Gas, Grains – Elliott Wave Analysis

Mar 12, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashElliott Wave Analysis Update for Commodity Markets: Bitcoin, Bonds, Yields, USD/DXY, Gold, Silver, Iron Ore, Copper, Uranium, Crude Oil, Natural GasIn the latest update on Elliott Wave analysis for commodity markets, there’s positive momentum for the Dollar, Yields, and Bonds, though they haven’t yet solidified their trends through Impulse waves. Conversely, Gold, Silver, and […]

Inflation And Auto Insurance

Mar 12, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayWhen we hear about inflation most of us probably think of items like food, gas, and rent, but when it comes to the Consumer Price Index (CPI), the most frequently cited measure of inflation, auto insurance has played a very large role in recent years. The index for motor vehicle insurance rose 0.9 percent […]

Nasdaq 100 & S&P 500: Elliott Wave Update For Tuesday, March 12

Mar 12, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashAfter a wild ride once the CPI data was released and digested both the NQ and ES picked up the rally again to continue to build within “c” waves of 3rd waves. I have updated the labeling and added Fibonacci extensions to expand on resistance levels for the 3rd waves. Expectations remain for the […]

Current Analysis: Haleon

Mar 12, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayTM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Haleon (HLN) is one of the largest consumer health companies in the world. Formed by a combination of consumer health divisions of GSK, Pfizer, and Novartis, Haleon separated from GSK and went public […]