April 2024 - Page 48 of 153 -

Elliott Wave Technical Analysis: British Pound/U.S. Dollar

Apr 25, 2024 Jeremy Parkinson Finance 0

Photo by Colin Watts on Unsplash GBPUSD Elliott Wave Analysis Trading Lounge Day Chart, British Pound/U.S.Dollar(GBPUSD) Day Chart GBPUSD Elliott Wave Technical AnalysisFUNCTION: Counter Trend MODE: Impulsive as A STRUCTURE: red wave 3 […]

Japanese FX Intervention: Primed And Ready

Apr 25, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay With USD/JPY trading above 155, markets are now on high alert for BoJ FX intervention. Having secured a joint press release with US and Korean authorities last week to acknowledge serious concern over yen weakness, Tokyo will now feel it has Washington’s blessing to enter FX markets. We look at when and how […]

How Long Might It Take A Hacker To Crack Your Password By Brute Force In 2024?

Apr 25, 2024 Jeremy Parkinson Finance 0

Computing technology continues to increase in capability every year. For hackers with top-of-the-line equipment, it is easier than ever for them to run through millions of combinations of characters to discover your passwords than ever before.But how long that might take them still depends on how many characters long it is and what combinations of […]

Does Reflation Risk Threaten The Risk-On Signal For Stocks?

Apr 25, 2024 Jeremy Parkinson Finance 0

Animal spirits have come off the boil lately, but these are still early days for deciding if risk-on sentiment for equities has hit a wall or is in a holding pattern that allows markets to consolidate the gains of late. The analysis arises from a set of ETFs to gauge the risk appetite, based on […]

Meta Reports An Excellent Quarter – And The Stock Is -12%

Apr 25, 2024 Jeremy Parkinson Finance 0

Facebook (META) just reported an excellent 1Q24 – but the stock is off 12% in the after hours. Revenue was +27% and EPS +114% to $4.71 compared to the year ago quarter. Operating margin of 37.9% compares to 25.2% a year ago. 2Q24 revenue guidance of $36.5-$39.0 billion represents an 18% increase at the midpoint.Why […]

Caterpillar Inc. Reports EPS Beat In Q1, Misses Slightly On Revenue

Apr 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Caterpillar Inc. (NYSE: CAT), a leading manufacturer of construction and mining equipment, announced its first-quarter results for 2024. The results revealed a mixed performance that showcased resilience in a challenging market. Despite a slight drop in sales and revenues, the company achieved a record adjusted profit per share and strong cash flow, underscoring its operational […]

Meta Commentary – Thursday, April 25

Apr 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Meta Crashes 12%Shares in iconic US tech company Meta (parent of Facebook) are trading heavily lower ahead of the US open today. The stock is currently almost 13% down from yesterday’s closing price as traders digest the details of Meta’s Q1 earnings, which came out after the bell yesterday. On the numbers front, […]

The Jones Act: Consequences Of A Destructive Industrial Policy

Apr 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels The United States has had an industrial policy aimed at boosting its domestic shipbuilding industry since the passage of the Merchant Marine Act of 1920, commonly known as the Jones Act. Whatever the arguments for the passage of the bill a century ago, it has over time been a disaster for the US […]

Top FSC Democrat says stablecoin bill is imminent

Apr 25, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Representative Maxine Waters, the top Democrat on the Financial Services Committee, has expressed optimism about reaching a deal on stablecoin regulation in the near future, following extensive discussions with key stakeholders in Congress and various government agencies.In an interview on Bloomberg Television’s “Balance of Power,” Waters stated that she and Committee Chairman Patrick McHenry, a […]

US Stock: Johnson & Johnson

Apr 25, 2024 Jeremy Parkinson Finance 0

Company: Johnson & JohnsonBloomberg ticker: JNJ USMarket cap: US$383,813mBackground: Johnson & Johnson, through its subsidiaries, is engaged in the research and development, manufacture, and sale of a range of products in the healthcare field. The Company’s primary focus is products related to human health and well-being. World Class Benchmarking of Johnson & Johnson Profitable Growth rank of 1 was […]