March 2024 - Page 27 of 200 -

CBO Director Warns Of Debt Market Meltdown With US Debt Is On “Unprecedented” Trajectory

Mar 27, 2024 Jeremy Parkinson Finance 0

Image source: PixabayWe’ve been pointing it out for so long – in fact, for most of our 15 years in existence – that it has become more of a chore than actual reporting, especially since the “number only go up”, as it hits a new all time high virtually every day. We are talking, of course, about the […]

Nasdaq 100 Potential Support Area

Mar 27, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashShort Term Elliott Wave view in Nasdaq 100 (NQ) suggests that pullback to 18011.3 ended wave 4. The Index has turned higher in wave 5. Internal subdivision of wave 5 is unfolding as a diagonal. Up from wave 4, wave (i) ended at 18106.75 and wave (ii) ended at 18044. Wave (iii) higher ended […]

GBP/USD Attracts Some Sellers Below 1.2620 On Fed Waller’s Hawkish Comments

Mar 27, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash GBP/USD remains under pressure around 1.2614 following hawkish comments from Fed’s official on Thursday. Fed’s Waller said there is no rush to cut the rate and may need to maintain the current rate for longer than expected. The dovish comments from BoE’s Bailey about rate cuts weigh on GBP. Investors will focus on […]

Rates Spark: ECB June Expectations Firm Up, US Rates Trail

Mar 27, 2024 Jeremy Parkinson Finance, No picture 0

It’s the last day ahead of a long Easter weekend which covers month-end and includes a PCE release on Good Friday – markets can be more erratic than usual. Data-wise, it could get interesting with more country CPIs out of the eurozone as ECB June cut expectations firm up again.Image Source: Unsplash Firming up June cut expectations in the […]

Nasdaq 100 And S&P 500 – Elliott Wave Technical Analysis Update

Mar 27, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Another wild and crazy day – at least in the Nasdaq — both the NQ and ES started with a jump to the upside which lasted all of a few minutes before the first several rounds of sellers hit the Nasdaq — the overall patterns that I’m currently tracking remained in line with the moves […]

Participation Broadens As The Equal Weight S&P Rips, WBA Earnings

Mar 27, 2024 Jeremy Parkinson Finance 0

It’s getting harder and harder to make a bearish technical case against stocks. For a while, the argument was that the Magnificent 7 – with their huge size – were carrying the market higher and masking a lot of weakness beneath the surface. The evidence for this was the underperformance of the Equal Weight S&P (RSP) […]

A Rosy Turn In The Market

Mar 27, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels Wednesday brought a positive turn for the stock market, instilling a sense of optimism among investors who had weathered some recent turbulence and downward sessions to start the week. The latest round of CPI and PPI data has bolstered confidence among forecasters and the Federal Reserve that the forthcoming PCE release will align […]

S&P 500, Nasdaq 100, Russell 2000 Predictions And Trading Strategies

Mar 27, 2024 Jeremy Parkinson Finance 0

Image source: Pixabay Stock Market Report S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Elliott Wave Technical AnalysisUpdate on Elliott Wave Analysis: Lower volume heading into the Easter holidays, creating corrective patterns in a toppy market, however, the main trend is structurally stable regarding Elliott Impulse waves. We won’t add to current […]

Stocks Rally Sharply On Bullish Options Flows

Mar 27, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash It was a boring day in trading until around 3:30 PM ET when a short-covering in ODTE options kicked in.Video Length: 00:08:58More By This Author:$5 Billion Sell Imbalance Sinks Stocks On March 26, 2024 A Deleveraging Process May Be Starting In The Market Stocks Drop As Credit Spreads Start To Widen On March […]

Nvidia’s Stock Reaches Crossroads At Key Fibonacci Price Level

Mar 27, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Nvidia has been a lightning rod of attention as it surged to parabolic highs over the past several weeks.This surge also helped lead semiconductors stocks higher, along with the Nasdaq Indices.So what’s next for this high-flier?Above is a “weekly” chart of Nvidia (NVDA) highlighting its steep advance.As you can see, NVDA surged to its 361% […]