March 2024 - Page 84 of 200 -

Just What Dr Markets Ordered: An Uneventful FOMC

Mar 20, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay In milestone-setting fashion, the S&P 500 surged past the 5,200 mark on speculation that the conclusion of the most aggressive Federal Reserve hiking cycle in a generation will continue to bolster Corporate America’s Profit Margin. Notably, the gains were widespread, with laggards in catch-up mode as traders now perceive higher chances of an […]

Energy ETFs Hit New 52-Week High On Oil Price Surge

Mar 20, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayOil prices have been on a spike in recent weeks on concerns over Russian supply following increased Ukrainian drone strikes. Both Brent crude and West Texas Intermediate hit four-and-a-half-month. Additionally, lower crude exports from Saudi Arabia and Iraq, along with signs of stronger demand in China and the United States, led to the strength.The […]

Nasdaq 100 And S&P 500 – Elliott Wave Analysis

Mar 20, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash I readjusted the labeling for both the NQ and ES as I decided not to be a rebel without a cause and label the 4th waves as triangles with an ongoing diagonal triangle — just too rare and not likely –so I cleaned up my count and then waited for the Fed decision which […]

Sweetgreen: A Good Long Idea

Mar 20, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashI’ve mentioned Sweetgreen (SG) (a place I eat at once a week, minimum) as a good long idea. This one keeps powering higher!More By This Author:FOMC And The SPYFib-Friendly TeslaImportant Semi Failure

Stocks Trade Higher As Implied Volatility Melts, As Expected

Mar 20, 2024 Jeremy Parkinson Finance 0

At this point, one must wonder what the Fed is trying to pull off, and it isn’t entirely clear to me. It seems like the Fed is taking a big gamble here on inflation hotter than not. That isn’t my opinion; that’s the bond market’s opinion based on things like inflation swaps and breakevens. The […]

Daily Stock Analysis: Park Aerospace

Mar 20, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels Park Aerospace Corp (PKE) designs develops, and manufactures engineered, advanced composite materials and composite structures and assemblies and low-volume tooling for the aerospace markets including prototype tooling for such structures and assemblies.Its only operating business segment is Aerospace. Geographically, the company derives a majority of its revenue from North America and also has […]

FOMC – Dovish Or Hawkish Or A Bit Of Both?

Mar 20, 2024 Jeremy Parkinson Finance 0

The Fed kept rates unchanged and essentially suggested 3 rate cuts on the table for 2024.Both the commodities and equities markets took that as a sigh of relief.SPY made new all-time highs and gold and gold miners flew.For 2025, the Fed sees the jobs rate as holding steady at 4.1%.They see inflation dropping to 2.2% as measured […]

The World’s Largest Corporate Holders Of Bitcoin

Mar 20, 2024 Jeremy Parkinson Finance 0

Who holds the most bitcoins across publicly traded companies?While Tesla (TSLA) is the most familiar name among the world’s largest corporate buyers, several companies have amassed far more bitcoin—leading their share prices to skyrocket in value last year. At the same time, the vast majority are found in North America, with the exception of Nexon, […]

Micron Stock Pops 15% As AI Demand Helps It Post A Surprise Q2 Profit

Mar 20, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Micron Technology Inc (Nasdaq: MU) says tight supply and AI-driven demand helped it post a surprise profit for its fiscal second quarter. Shares of the chipmaker are up 15% in extended hours. Micron stock up on strong guidance The stock is being rewarded also because $MU issued upbeat guidance for the future. It now […]

3 Dividend Stocks For High Long-Term Returns

Mar 20, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay For dividend growth investors, much favor is given to those large-cap stocks with incredibly long dividend growth streaks, such as the Dividend Aristocrats index. However, investors looking for stronger returns could widen their search to include stocks with slightly shorter histories of dividend growth.This article will look at three smaller Dividend Achievers, those […]