May 2024 - Page 73 of 270 -

NVDA Tops $2.5 Trillion As Traders Sell Everything Else On ‘Good News’

May 23, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashNVDA smashed earnings and guidance out of the park and shares exploded over 10% higher…… to make the AI-darling above $2.5 trillion market cap for the first time…Source: BloombergWith around a 1% decline in US stocks, total US market cap fell by around $500 billion, while NVDA alone added $230 billion…Source: BloombergFor everyone else, […]

U.S. SEC Approves First Spot Ethereum ETFs: But Not Yet Ready For Trading

May 23, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay SEC approves eight spot Ethereum ETFs, following eleven spot Bitcoin ETF approvals. Trading to begin after S-1 registration, expected to take weeks to months. Approval suggests ether is not a security, boosting market confidence. The U.S. Securities and Exchange Commission (SEC) has approved eight applications for spot Ethereum ETFs, marking a significant milestone for […]

My Best Day Of 2024: Eight Bearish Wins And A Stellar QQQ Trade

May 23, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashWhat a fantastic day! I’m pretty sure this was my best day of 2024. Here are my eight bearish positions (all long puts, none of which expire before September 20th). I did a day trade on QQQ with +220% gains, which was icing on the cake. Huzzah!Video Length: 00:10:12More By This Author: Quarterly Report […]

China’s Latest Move Has Governments Freaking Out

May 23, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash On top of dumping Treasuries (which I covered in detail in a previous video), China’s also dumping its excess production on the rest of the world. The tactic has become so pervasive governments worldwide are responding with more than idle threats. But what are they really worried about given this means cheaper stuff […]

10 Super FAST Growth Stocks At A Reasonable Price (GARP)

May 23, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Growth Stocks At A Reasonable Price You can get rich by investing in growth stocks – people have done it for decades, but you’ve got to pick the right ones and you also need to make sure that you are buying them when the prices and values make sense – growth stocks at […]

BREAKING: Ethereum spot ETFs approved by SEC

May 23, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

The US Securities and Exchange Commission said it has approved the launch of spot Ethereum ETFs for accelerated launch, according to a document uploaded to the agency’s website. “After careful review, the Commission finds that the Proposals are consistent with the Exchange Act and rules and regulations thereunder applicable to a national securities exchange,” the […]

Homebuilders Have The Most Inventory Since May 2008, Big Discounts Coming

May 23, 2024 Jeremy Parkinson Finance 0

New Home Sales by Census Department, Chart by MishStage of Construction Details Homes for Sale: 480,000 the most since January of 2008 Unsold Homes Started Plus Completed: 379,000 the most since May of 2008 Unsold Completed Homes: 98,000 the most since September of 2009 Unsold lots: 101,000 the most in history Builder OptimismAllegedly, there are […]

Stocks And Precious Metals Charts – Transfer Of Wealth

May 23, 2024 Jeremy Parkinson Finance 0

Stocks did a rather impressive pop and flop today, with big tech soaring to an impressive new high based on Nvidia’s ‘earnings triumph for big tech’.But alas, after the wash comes the rinse. The transfer of wealth continues; the spice must flow.Gold and silver were beaten down again, ahead of the futures option expiration next Tuesday […]

Bonds Break Down And Send Everyone To Cash

May 23, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels Today, the media was watching (and writing) about Nvidia (NVDA), which yesterday reported dynamite earnings and announced a 10-for-1 split.But I was watching…a steep bond breakdown;a surging dollar;and crashing commodities.There’s a lot to talk about this evening, and I’ll show you my charts in a second. For now, you need to know that […]

Stocks Give Up Massive Gains To Finish Lower

May 23, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels Stocks were sharply higher on the day but then suddenly gave back all of those gains to finish lower. Here’s what may have happened.Video Length: 00:11:09More By This Author:Nvidia Reports Strong Results, But Will That Be Good Enough? The Market Is Positioned For A Massive Move Later This Week Implied Volatility May Rise […]