March 2024 - Page 75 of 200 -

Nike Beats Q3 Earnings And Revenue Estimates

Mar 21, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Nike (NKE – Free Report) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.79 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 42.03%. A quarter ago, it was expected […]

UK High Yield Dividend Aristocrats 2024

Mar 21, 2024 Jeremy Parkinson Finance 0

The UK High Yield Dividend Aristocrats 2024 are UK stocks that have increased or maintained their dividend for at least seven consecutive years. However, that fact alone does not qualify a stock as a UK High Yield Dividend Aristocrat. To be included on the list, a company must meet the following updated criteria: The company must be […]

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

Mar 21, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Solid follow through to the upside in both the ES and NQ. I have made a labeling adjustment on both the ES and NQ with regard to their individual 3rd waves. It does extend the upside potential but the count is cleaner and more fitting to what is trading at the moment. The […]

Lululemon Q4 Results Show 16% Growth In Net Revenue

Mar 21, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Lululemon Athletica (LULU) has released its financial results for the fiscal fourth quarter of 2023. Lululemon revenue jumps Total net revenue for the fourth quarter of 2023 increased by 16% to $3.2 billion compared to $2.8 billion in the same period of the previous year.This growth was primarily driven by increased net revenue […]

Why Equities Cool Off When Gold Spikes

Mar 21, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay In this short clip, Samantha LaDuc and Geoffrey Fouvry discuss the dynamic relationship between gold prices and equity markets, exploring how increases in gold can signal shifts in equities. They delve into historical economic theories, specifically referencing the work of economists like Hume and Thornton, to draw parallels with current market trends. The […]

Q&A: Fed Rate Cut Edition

Mar 21, 2024 Jeremy Parkinson Finance 0

Image source: Pixabay There are a lot of questions about Fed policy these days and where things might be headed. Here are some commonly asked questions I’ve been getting lately: 1) Why is the Fed considering a rate cut?At Wednesday’s FOMC meeting the Fed stood by their estimate of 3 rate cuts in 2024. This took […]

IPO Activity Slow To Recover

Mar 21, 2024 Jeremy Parkinson Finance 0

The talk of the day is the debut of Reddit (RDDT) on public markets. The stock priced at the top of its expected range, and at the intraday highs traded 70% above the IPO price of $34. While Reddit’s debut places some attention on new companies, overall IPO activity remains muted. In the chart below, […]

Market Talk – Thursday, March 21

Mar 21, 2024 Jeremy Parkinson Finance 0

ASIA:The major Asian stock markets had a mixed day today: NIKKEI 225 increased 812.06 points or 2.03% to 40,815.66 Shanghai decreased 2.57 points or -0.08% to 3,077.11 Hang Seng increased 320.03 points or 1.93% to 16,863.10 ASX 200 increased 86.20 points or 1.12% to 7,782.00 Kospi increased 64.72 points or 2.41% to 2,754.86 SENSEX increased […]

Silver Price Analysis: XAG/USD Tumbles As Bearish Engulfing Pattern Looms

Mar 21, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Silver’s price plunged on Thursday amidst a risk-off impulse, reinvigorating the US Dollar. Consequently, the grey metal dropped more than $0.70, or 3.15%, as the XAG/USD traded at $24.75 after hitting a daily high of $25.77. XAG/USD Price Analysis: Technical outlook Silver is witnessing a downturn, as price action has formed a ‘bearish […]

More Record Closes As VIX Extends Losing Streak

Mar 21, 2024 Jeremy Parkinson Finance 0

The three major indexes saw more record closes on Thursday, in addition to fourth-straight daily gains. An upbeat forecast and quarterly results from Micron Technology (MU) helped fuel wins, lifting chip stocks and lending strength to the broader tech sector. Traders also remained confident that interest rate cuts are coming this year. Elsewhere, the Cboe Volatility Index (VIX) saw […]