April 2024 - Page 20 of 153 -

Commodity Trend Shift?

Apr 29, 2024 Jeremy Parkinson Finance 0

If DBC can be used as a proxy for overall commodity direction, it seems that it has fully escaped its descending channel and perhaps has begun a fundamentally new bullish trend.The six green bars in a row on XOP tend to align with this idea:More By This Author:Dow Futility Index The Halves And Halve Nots Mind The Gap

Market Briefing For Monday, April 29, 2024

Apr 29, 2024 Jeremy Parkinson Finance 0

Action remains ‘tech’ – and not much else. There was no slowing growth in a few major tech stocks; although some have higher expenses going forward. I note that AI remains the core focus; and Fed movement (plus geopolitics of course) the significant risks. For the moment the bulls pulled victory from the jaws of defeat in […]

Bitcoin and Ether drop as US stagflation fears resurface

Apr 29, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

The US economy experienced a more significant cooling than anticipated in the first quarter of 2024, with the gross domestic product (GDP) measuring an annualized rate of 1.6%, according to the Commerce Department. This marks the weakest pace of growth since the second quarter of 2022 when the economy contracted, and falls below the 2.2% […]

April Recap: Cloud Computing (SaaS) Portfolio Down 6% In April, Up 2.5% This Week

Apr 29, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayIntroductionThe cloud computing SaaS market is expected to grow by a CAGR of 11.7% between now and 2030 with 98% of companies globally relying on the cloud for at least one part of their business applications. This increased demand is causing the average rental rate of data centers to increase substantially (+14.5% in 2022; […]

Binance Crypto Price News Today; Elliott Wave Technical Analysis

Apr 28, 2024 Jeremy Parkinson Finance 0

Elliott Wave Analysis TradingLounge Daily Chart,Binance/ U.S. dollar(BNBUSD)BNBUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: TrianglePosition: Wave ((D))Direction Next higher Degrees: wave 4Wave Cancel invalid level: 508Details: Correction in Triangle pattern before rising again in Wave 5.Binance/ U.S. dollar(BNBUSD)Trading Strategy:The short-term correction in Wave 4 with the Triangle pattern continues. Because there is still another decrease in wave […]

A Quick Trading Self-Assessment

Apr 28, 2024 Jeremy Parkinson Finance, No picture 0

Here’s a checklist to guide your evaluation of yourself as a trader:1) What did I learn from today, and how–specifically–will I bring that lesson to tomorrow’s trading?2) What do I see in markets that others don’t see and what am I seeing uniquely in the market right now?3) When is not trading the right decision and how […]

Current Analysis: Barratt Development (BTDPY)

Apr 28, 2024 Jeremy Parkinson Finance, No picture 0

Barratt Development (BTDPY) is the U.K.’s largest residential property developer by revenue and dwelling completions, marketing homes under its three brands Barratt Homes, David Wilson Homes, and Barratt London.Aligning with the typical business model employed by U.K. homebuilders, Barratt is vertically integrated through the land development, construction, and sales and marketing segments of the residential […]

US30 | Dow Jones Current Analysis And Week Ahead Forecast

Apr 28, 2024 Jeremy Parkinson Finance, No picture 0

How I see Forex Forecast Analysis today for the Dow Jones 30 week ahead, with the outlook and setups I am looking to trade.More By This Author:AUDUSD Analysis & AUDUSD Price Prediction Forecast – Saturday, April 27 Crude Oil Trading Strategy Today US Dollar Index: USDX Dollar Forecast

Bitcoin spot ETFs expected to debut on Australian top exchange’s main board this year: Bloomberg

Apr 28, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

The Australian Securities Exchange (ASX), Australia’s primary securities exchange, is expected to list the first spot Bitcoin exchange-traded funds (ETFs) on its main board by the end of 2024, Bloomberg reported today, citing anonymous sources close to the matter.As a key player in Australia’s capital markets, ASX handles about 80% of equity trading, said Bloomberg. […]

Ethereum spot ETF approval in May unlikely, says Justin Sun

Apr 28, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Belief in near-term spot Ethereum ETF approval is fading in the face of mounting skepticism. Justin Sun, the founder of TRON Foundation, has expressed doubts regarding the potential approval of a spot Ethereum exchange-traded fund (ETF) in the upcoming month. “My honest opinion (NFA) is that an Ethereum ETF won’t be approved in May. The […]