June 2024 - Page 226 of 240 -

How The Federal Reserve Drives The Boom-Bust Cycle

Jun 03, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay The Federal Reserve was sold as a way to “provide the nation with a safer, more flexible, and more stable monetary and financial system.”That’s not what the central bank does.In fact, the Fed destabilizes the monetary system by constantly interjecting itself into it, tinkering with interest rates, and creating money out of thin […]

The Logical-Invest Newsletter For June 2024

Jun 03, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels SummertimeOur strategies performed well in May, despite the S&P 500 failing to reach new highs.Our Crypto & Leveraged Top 2 Strategy recovered some previous losses achieving a gain of +15.4% by allocating to leveraged Silver and a money market fund (GSY). Our NASDAQ 100 Strategy picked winners and came in at +13% while maintaining part of its allocation in money market fund and gold […]

Crypto funds inflows surpass $15 billion and set new record

Jun 03, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Crypto funds registered $185 million in inflows last week, amounting to $2 billion in May, and $15 billion in 2024. According to asset management firm CoinShares, trading volumes experienced a dip despite the positive influx, descending to $8 billion compared to $13 billion the previous week.Bitcoin continued to attract investor confidence with inflows of $148 […]

Major Asset Classes Performance Review – May 2024

Jun 03, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Global markets rebounded sharply in May, with the exception of commodities, based on a set of ETF proxies. Otherwise, gains dominated the major asset classes after April’s widespread pummeling.US stocks led the rally in May: Vanguard Total US Stock Market Index (VTI) jumped 4.8%. The gain marks the best monthly gain for American shares […]

Elliott Wave Technical Analysis: Exxon Mobil Inc.

Jun 03, 2024 Jeremy Parkinson Finance 0

Photo by Timothy Newman on Unsplash XOM Elliott Wave Analysis Trading Lounge Daily Chart,Exxon Mobil Inc., (XOM) Daily ChartXOM Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave {v}.DIRECTION: Upside in {v}.DETAILS: Looking for upside in wave {v} as we seem to have completed a three wave move in wave {iv}.XOM Elliott Wave Analysis Trading Lounge 4Hr Chart,Exxon Mobil Inc., (XOM) 4Hr ChartXOM Elliott Wave […]

Election Results Lift India But Weigh On Mexico

Jun 03, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Overview: The dollar has returned from the weekend with a better bid tone. It is firmer against all the G10 currencies but the yen, Swiss franc, and Swedish krona, which are marginally firmer. The market seems reluctant to extend the euro or Canadian dollar upticks ahead of the central bank meetings this week, though, […]

Orange Juice Is The Next Cocoa

Jun 03, 2024 Jeremy Parkinson Finance 0

In mid-March, we presented daily Commentary readers with a section entitled, Add Cocoa To The List Of “Mooning” Assets. When we wrote the article, the price of cocoa was up by 70% for the year, in line with year-to-date gains in Bitcoin and Nvidia. Since then, cocoa prices have fallen by over 40% but have started […]

NZD/USD Price Analysis: Attempts Bullish Flag Breakout

Jun 03, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash NZD/USD jumps to 0.6815 after downbeat US ISM Manufacturing PMI report. Weak factory activity report dents the US Dollar’s appeal. The RBNZ is less likely to return to the policy normalization process this year. The NZD/USD pair advances to 0.6185 in Monday’s American session as the United States (US) Institute of Supply Management (ISM) […]

Stocks: Will A New Record Follow Friday’s Rebound?

Jun 03, 2024 Jeremy Parkinson Finance 0

Was Friday’s upward reversal meaningful, or just end-month ‘window dressing’?Friday’s trading session brought a sharp upward reversal, with the S&P 500 index closing 0.80% higher and gaining almost 90 points from its daily low of around 5,192. The market turned higher as investor sentiment improved following a lower-than-expected Core PCE Price Index release and the […]

EUR/JPY Price Analysis: Pulling Back In The Midst Of A Strong Uptrend

Jun 03, 2024 Jeremy Parkinson Finance 0

EUR/JPY is in an uptrend on all major timeframes and trading with a bullish bias over a short, intermediate and long time horizon. Given “the trend is your friend” EUR/JPY is more likely than not to continue rising. 4-hour ChartThe pair has pulled back to the 50 Simple Moving Average (SMA) but the uptrend remains intact […]