March 2024 - Page 73 of 200 -

ASX 200 Falls To Near 7,750, Despite Higher Wall Street Overnight

Mar 21, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels ASX 200 Index snaps its winning streak, following losses in energy and consumer stocks. The shutdown of South32’s GEMCO led to Jupiter Mines share rallying almost 20% in the last two sessions. Apple’s stock declined by 4.1% following news of a lawsuit from the US Department of Justice for alleged monopolistic practices. The […]

AXT, Inc. Positioned For Growth From Increase In AI Computing

Mar 21, 2024 Jeremy Parkinson Finance, No picture 0

TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Image Source: UnsplashAXT, Inc. (AXTI) reported Q4-2023 back on February 22nd and its stock price rallied 150% on news of its 2024 outlook. The company expects higher revenues for its semiconductor wafers due to increased […]

USD/CAD Trades On A Weaker Note Above The 1.3500 Mark, Eyes On Canadian Retail Sales Data

Mar 21, 2024 Jeremy Parkinson Finance 0

Photo by Michelle Spollen on Unsplash USD/CAD trades in negative territory around 1.3523 amid the softer USD. The US S&P Global Manufacturing PMI increased to 52.5 in March vs. 52.2 prior, stronger than expected. The Bank of Canada expects to begin cutting interest rates this year, although policymakers vary on the precise timing. The USD/CAD pair trades on a […]

Russell 2000 Looking For Short Term Pullback Soon

Mar 21, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsShort Term Elliott Wave view in Russell 2000 (RTY) suggests that rally to 2146 ended wave 1. Pullback in wave 2 unfolded as a zigzag Elliott Wave structure. Down from wave 1, wave ((a)) ended at 2073.2 and wave ((b)) ended at 2109.30. Down from there, wave (i) ended at 2075.3 and wave (ii) ended […]

Home Depot: Soaring To New Heights

Mar 21, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsThe biggest holding of my late father’s portfolio was Home Depot (HD) which matched its lifetime high today. The big box retailer is sporting a P/E of a little more than 25, and it has been one of the most successful stocks in U.S. history, having come public at a split-adjusted price of about […]

Current Analysis: Veolia Environnement

Mar 21, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashVeolia (VEOEY) is the largest water company globally and a leading player in France. It is also involved in waste management with significant exposure to France, the United Kingdom, Germany, the United States, and Australia.The third pillar of the group is energy services, giving the group significant exposure to Central Europe. Veolia started to […]

Nasdaq Financial-100 Index Surpassing Important Resistance

Mar 21, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashThe Nasdaq Financial-100 Index consists of the stocks of the 100 largest financial companies based on market capitalization that are listed on the Nasdaq Stock Market. It is lesser known than its sister index, the Nasdaq-100, which excludes stocks of companies in the financial sector.The chart below shows the performance of the Nasdaq Financial-100 Index […]

Metals Report For Thursday, March 21

Mar 21, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:07:58More By This Author:Metals Report For Wednesday, March 20Financial Markets Report For Wednesday, March 20SPDR ETF Report For Tuesday, March 19

This Bull Trap Could Make Our Entire Week

Mar 21, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashWow, charts look amazing tonight!Markets are trading sideways going into Friday, and I see (3) clues telling me this BULL TRAP might be our biggest win of the week!Have you seen the 60min chart today? How about this range on the tick chart?Those 2 charts tell me we might be able to “double-dip” and […]

Why Today’s Market Conditions Are Unique

Mar 21, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayExplore the challenges and strategies for trading in today’s unpredictable market conditions, from the impact of low VIX and increased gamma risk to adjusting for overnight gaps. This video delves into the nuances of short-term trading during periods of unusual market behavior, offering insights on how to navigate the current environment with smaller trades […]