May 2024 - Page 86 of 270 -

ProShares Bitcoin Strategy ETF Chart Analysis

May 22, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Bob Lang gives a technical analysis of the stock chart for BITO.Video Length: 00:03:36More By This Author:How To Interpret Market Sentiment Arm Holdings – Chart Analysis Mcdonald’s Is Trying To Fight Inflation

The Copper Bull: Speculation Vs. Fundamentals

May 22, 2024 Jeremy Parkinson Finance 0

Image Source: Pexels Copper has gone mad: Liquidated shorts from a flood of speculators, an AI bubble, a supply crisis, and a renewable energy craze have all combined with high global inflation to recently send it to historic all-time highs. While I believe there will be major corrections as some of these factors come back down to earth, the most important […]

Nvidia – Poised To Hit $1000+ After Hours

May 22, 2024 Jeremy Parkinson Finance 0

Given that Nvidia (NVDA) has become THE most important stock on earth, I expect the media to be completely obsessed about it all day as the company reports Q1 earnings after the closing bell today. It is now one of the most over-owned stocks on earth, present company included, with very few detractors except for […]

Existing-Home Sales Decline 1.9 Percent, Sales Mostly Stagnant For 17 Months

May 22, 2024 Jeremy Parkinson Finance 0

Existing-home Sales data from the National Association of Realtors (NAR) via the St. Louis FedThe NAR reports Existing-Home Sales Retreated 1.9% in AprilKey Highlights Existing-home sales faded 1.9% in April to a seasonally adjusted annual rate of 4.14 million. Sales also dipped 1.9% from one year ago. The median existing-home sales price rose 4.8% from March […]

Softs Report – Wednesday, May 22

May 22, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayCOTTON General Comments: Cotton was higher yesterday on ideas of stronger export demand and and ideas that the market was oversold. There are also some big problems with too much rain in the Delta and Southeast in recent days. Trends are turning mixed on the charts. The weekly crop progress report showed good planting […]

Important Gold Indicator Experiencing Multi-Year Breakout

May 22, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay 2024 has been filled with headlines about stock market highs and stocks such as Nvidia. But one major asset and commodity that is making a historic rally is Gold.This comes after a long, boring sideways move with a lot of ups and downs… so it’s understandable why investors detached from Gold.As we have […]

Stocks Quiet Ahead Of Fed Minutes

May 22, 2024 Jeremy Parkinson Finance 0

Stocks are trading quietly today, as investors look ahead to Nvidia earnings, which has become “one of the most important events on the macro calendar,” according to Deutsche Bank. The Dow Jones Industrial Average (DJI) is modestly lower midday, while the S&P 500 Index (SPX) sits flat. And while the Nasdaq Composite Index (IXIC) is just […]

Nasdaq refiles for BlackRock’s proposed Ethereum spot ETF

May 22, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Nasdaq has submitted an updated 19b-4 form to the Securities and Exchange Commission (SEC) for BlackRock’s proposed spot Ethereum exchange-traded fund (ETF).BlackRock’s updated form, filed on Wednesday, follows the SEC’s request earlier this week for exchanges to revise their 19b-4s, which are critical in the approval process for rule changes necessary for the ETFs to […]

First Solar Becomes Most Valuable Solar Company Amid Rivals’ Struggles, Up 13%

May 22, 2024 Jeremy Parkinson Finance 0

Image courtesy of 123rf.comFirst Solar (NASDAQ: FSLR), a leading American solar panel manufacturer, has surpassed its competitors to become the most valuable solar company globally. The company’s market capitalization reached an impressive $21.15 billion, overtaking China’s Sungrow Power Supply Co., which stood at $20.85 billion. This achievement comes amidst significant challenges Chinese solar firms face, including a […]

FTSE Skids Lower On Sticky Inflation

May 22, 2024 Jeremy Parkinson Finance, No picture 0

On Wednesday, Britain’s FTSE 100 stock index reached its lowest point(-0.79%) in two weeks due to slower-than-anticipated deceleration in Britain’s inflation, which dashed hopes of a June interest rate reduction by the Bank of England. However, Marks & Spencer’s saw an increase in annual profit, leading to gains. The blue-chip FTSE 100 index dropped by […]