April 2024 - Page 42 of 153 -

California’s New Minimum Wage: A Cure That Exacerbates The Sickness

Apr 25, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayThe solution to a problem shouldn’t make the problem worse.But apparently, California’s policy makers missed that memo.On April 1st, the state instituted a $20 minimum wage for fast food workers, the highest in the US. With California’s absurdly high cost of living, the policy appeared to make life more manageable for low-income residents. Unfortunately, as the adage goes, “If it sounds too good […]

S&P DJI’s Global Islamic Equity Benchmarks Rose 9% In The First Quarter

Apr 25, 2024 Jeremy Parkinson Finance 0

Global equities had a strong start to the year as economic resilience and diminishing recession fears boosted risky assets overall. The S&P Global BMI surged 7.8% in the first quarter, led by developed markets; notably, the S&P 500® finished the quarter up 10.6%, at a new record high. Shariah-compliant global benchmarks beat their conventional counterparts, with the S&P Global BMI […]

Nasdaq 100 & S&P 500 Elliott Wave Update – Thur, April 25

Apr 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashMicrosoft (MSFT) & Alphabet (GOOGL) produced solid earnings reports sending both stocks higher after the close which in turn pushed the NQ and ES higher. However, while I have switched to the “other” preferred count after the earnings were reported both counts remain active for now. Each time I feel one has overtaken the […]

ETSY Gears Up To Report Q1 Earnings: What’s In The Cards?

Apr 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Etsy (ETSY – Free Report) is scheduled to report its first-quarter 2024 results on May 1.For the first quarter of 2024, the Zacks Consensus Estimate for revenues is pegged at $648.32 million, indicating an improvement of 1.2% from the prior-year quarter’s reported figure.The consensus mark for earnings is pegged at 49 cents per share, suggesting a […]

Meme coin Dog Go To The Moon surpasses $500 million market cap

Apr 25, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

The meme coin Dog Go To The Moon (DOG) rose 73% in the last 24 hours and surpassed $540 million in market cap, according to its creator, who identifies himself as Leonidas. DOG also surpassed $3.5 million in trading volume, data from marketplace UniSat shows.Every investor holding the Bitcoin (BTC) Ordinal “Runestone” on April 21 […]

Stocks And Precious Metals Charts – NFP And FOMC Next Week

Apr 25, 2024 Jeremy Parkinson Finance 0

Stocks came in slumping again this morning.But voila, Alphabet (GOOGL) to the rescue.Stocks ended the day well into the green.Gold and silver held a little bounce higher.VIX fell. The Dollar dropped.Non-Farm Payrolls and FOMC next week.Have a pleasant evening. More By This Author:Stocks And Precious Metals Charts – Hiding Out Stocks And Precious Metals Charts – […]

Amid Macro Skepticism , Alphabet And Microsoft Shone Through

Apr 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels MARKETAmid a challenging backdrop marked by a concerning data mix, including significantly lower-than-anticipated Q1 GDP figures alongside unexpectedly heightened price pressures, the S&P 500 staged a remarkable rebound in after-hours trading. This turnaround was propelled by a swift narrative shift catalyzed by strong earnings performances from Alphabet (GOOGL) and Microsoft (MSFT). The tech […]

Expect Big Negative Revisions To BLS Monthly Jobs In 2023, GDP Too

Apr 25, 2024 Jeremy Parkinson Finance 0

Business Employment Dynamics (BED) data and Monthly Job Data both from the BLS, chart by Mish BED Chart Notes Data is from the BLS Business Employment Dynamics (BED) report and the BLS monthly jobs reports (CES). BED data is less timely but far more accurate than the BLS monthly jobs reports/ For 2023 Q3, the BED reports […]

GOOG/GOOGL: Blowout Quarter, MSFT: Excellent Quarter As Well

Apr 25, 2024 Jeremy Parkinson Finance 0

Google (GOOG/GOOGL) just reported a blowout quarter after the market close Thursday. Revenue was +15%, Operating Margin surged to 31.6% from 25.0% a year ago and EPS of $1.89 is up 62% from the year-ago period. These are massive numbers so it’s no surprise the stock is currently +13% in the after-hours to all-time highs. […]

Intelligent Bio Solutions’ Fingerprint Drug Screening Technology Poised For Massive Growth

Apr 25, 2024 Jeremy Parkinson Finance 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: Pixabay Intelligent Bio Solutions (Nasdaq: INBS) is a medical technology company developing and commercializing innovative, intelligent, rapid, noninvasive testing solutions. They are now catching their stride with commercializing their first razor-razorblade product solution, […]