May 2024 - Page 151 of 270 -

Chart Of The Day: Universal Stainless & Alloy

May 15, 2024 Jeremy Parkinson Finance 0

The Chart of the Day belongs to the basic metals company Universal Steel & Alloy (USAP). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum, and having a Trend Seeker buy signal then used the Flipchart feature to review the charts […]

Asian Stock: Sri Trang Agro-Industry

May 15, 2024 Jeremy Parkinson Finance 0

Company: Sri Trang Agro-Industry Public Company LimitedBloomberg ticker: STA TBMarket cap: US$689mBackground: Sri Trang Agro-Industry Public Company Limited is an integrated rubber producer. Its operation extends from plantation to processing to manufacture of rubber and its supply make up 10% of global rubber consumption. Its recently listed subsidiary, Sri Trang Gloves Thailand PCL (STGT TB), is Thailand’s largest manufacturer […]

Guesstimating The Level Of Froth In US Stocks

May 15, 2024 Jeremy Parkinson Finance 0

Calling tops and bottoms in the stock market is the Holy Grail for investing analytics. Alas, success on this front is nearly impossible, at least in terms of timely precision. Yet some of us still venture down this path. Why? Developing perspective helps, even if it’s less than perfect perspective and it’s used judiciously and […]

Cisco Systems Inc.To Report Q3 After Market Close, What To Expect

May 15, 2024 Jeremy Parkinson Finance, No picture 0

Cisco to release Q3 earnings on May 15; analysts expect lower EPS and revenue amid focus on key business segments, acquisitions, and future outlook.Cisco Systems Inc. (NASDAQ: CSCO), a global leader in networking and communication equipment, will announce its fiscal third-quarter earnings results on May 15, 2024, following the close of market trading. As a bellwether for […]

Consumer Prices Have Risen Every Month Since ‘Bidenomics’ Began, Up 19.5% To Record High

May 15, 2024 Jeremy Parkinson Finance 0

After a fourth straight month of hotter than expected PPI, analysts’ expectations for CPI were tightly ranged around 0.3-0.4% MoM and printed +0.3% MoM (slightly below the 0.4% expected). The YoY headline CPI fell to +3.4% as expected from +3.5% priorSource: BloombergUnder the hood, Services slowed modestly MoM…On a 3m and 6m annualized basis, Energy costs are reaccelerating […]

TRON DAO at Cornell Blockchain Conference

May 15, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Geneva, Switzerland, May 15, 2024 – TRON DAO, a platinum sponsor at the Cornell Blockchain Conference, recently showcased its leadership at Cornell Tech on Roosevelt Island. The event attracted over 800 participants, including students, academics, and industry leaders, highlighting TRON DAO’s commitment to blockchain education and community interaction. Many of these participants visited the TRON […]

China Ready To Write Down Real Estate Value;. Who’s Next?

May 15, 2024 Jeremy Parkinson Finance 0

Governments worldwide are looking for ways to “ease the real estate crisis” now sweeping much of the developed world. The most popular ideas seek to prop up prices while enabling new buyers to obtain even more credit.After decades of epic malinvestment in real estate, China is at the forefront of the spreading property crisis. Over […]

Real Total Return Of OMXI All-Share Index Still Negative

May 15, 2024 Jeremy Parkinson Finance 0

I always revisit and update my analysis and commentary. In a prior post, I pointed out the 2.270 level as an important support for the OMX Iceland 15 Index (OMXI15). As can be seen in the chart below, recently the index tested that level again – this time almost to the penny. However, it is […]

Elliott Wave Technical Analysis: Analog Devices Inc. – Wednesday, May 15

May 15, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash ADI Elliott Wave Analysis Trading Lounge Daily ChartAnalog Devices Inc., (ADI) Daily ChartADI Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minute wave {iii}.DIRECTION: Upside in Minute {iii}. DETAILS: Looking for Medium Level at 250$ to be the next strong resistance as we are trading within MG1. ADI Elliott Wave Analysis Trading Lounge 4Hr Chart,Analog Devices Inc., […]

US CPI Data: Is There Upside Left In The S&P 500?

May 15, 2024 Jeremy Parkinson Finance, No picture 0

S&P 500 is slated to open in green today after the U.S. Bureau of Labour Statistics said inflation was up in line with expectations in April. S&P 500 could hit $5,400 level in 2024Versus a year ago, the consumer price index (CPI) stood at 3.4% last month versus at 3.5% in March. The inflation data today may create more room […]