June 2024 - Page 4 of 240 -

Bitcoin, Ethereum, And XRP Price Prediction: Will Bulls Make A Comeback This July?

Jun 30, 2024 Jeremy Parkinson Finance 0

The cryptocurrency market has displayed a weak price action since the month started, indicating an increase in the selling pressure within the crypto space. Moreover, the global crypto market capitalization has recorded a drop of 10.27% in valuation, from $2.53 Trillion on 1st June to $2.27 on 30th June. depositphotos Furthermore, the elite cryptocurrencies continue hovering close […]

EUR/USD Weekly Forecast: Softer Inflation Fuels Fed Cut Bets

Jun 30, 2024 Jeremy Parkinson Finance 0

The EUR/USD weekly forecast was overshadowed as the US economy expanded at a bigger 1.4% rate in Q1. The US core PCE report showed softer inflation. Next week’s primary focus will be the US monthly employment report. The EUR/USD weekly forecast shows more upside potential as Fed rate cut expectations rise with softer inflation data. depositphotos Ups […]

Reality Is Not A Social Construct

Jun 30, 2024 Jeremy Parkinson Finance 0

Human behavior is, to a large extent, socially constructed. John Maynard Keynes – Wikipwedia People often act based on social norms, expectations, or habits rather than by attempting to ascertain the nature of reality itself. In that context, it is true to say that people’s perceptions of reality are socially constructed, as explained by the Thomas theorem: Another way of […]

Is A China-Taiwan Conflict Likely? Watch The Region’s Stock Market Indexes

Jun 30, 2024 Jeremy Parkinson Finance 0

The U.S. government in early May sanctioned 300 Chinese entities for supplying machine tools and parts to Russia for its war against Ukraine, while in mid-May Russian president Vladimir Putin made a two-day visit to China. In turn I found myself thinking about how tensions between China and the United States could lead to open […]

Dow Jones Industrial Average Grinds Into The Middle Amid Churning Friday Markets

Jun 30, 2024 Jeremy Parkinson Finance 0

Dow Jones continues to churn near 39,000.00 as markets await signs of rate cuts. US PCE Price Index inflation came in as expected, easing slightly. Despite easing key inflation indicators, figures still remain too high for Fed. depositphotos The Dow Jones Industrial Average (DJI) briefly rallied to 39,440.00 early Friday after US Personal Consumption Expenditure Price Index (PCE) […]

U.S. Centric Indicators

Jun 30, 2024 Jeremy Parkinson Finance 0

Last week I wrote about Biotechnology, Sector Rotation, Lithium and EVs, plus, the Raw Material Demand from Electricity Usage. depositphotosBiotechnology (will discuss more later), disappointed. Sector Rotation happened but only to a degree.Lithium sank, and EVs were mixed with Tesla the winner, but not really.As far as raw material demand, we saw pockets of support, but nothing […]

Current Short Positions

Jun 30, 2024 Jeremy Parkinson Finance, No picture 0

Video Length: 00:05:35 Tim Knight reviews his short positions in this five-minute video.More By This Author:June’s Crypto Collapse Energy Shorts Draft Kings Puts Yield 70% Gain In Just Five Days

Bitcoin Monthly Forecast: July 2024

Jun 30, 2024 Jeremy Parkinson Finance 0

Bitcoin (BITCOMP) has been rather negative during the month of June, but we are currently testing a major support level as we are closing out the month, it is very likely that we could see a bounce from here as the market continues to see a lot of interest at a couple of major levels. […]

BlackRock Advances While Market Declines: Some Information For Investors

Jun 30, 2024 Jeremy Parkinson Finance 0

The most recent trading session ended with BlackRock (BLK – Free Report) standing at $787.32, reflecting a +0.79% shift from the previous trading day’s closing. This move outpaced the S&P 500’s daily loss of 0.41%. Elsewhere, the Dow lost 0.12%, while the tech-heavy Nasdaq lost 0.71%. depositphotos Prior to today’s trading, shares of the investment firm had gained 2.53% over […]

Weekly Market Outlook – Despite Last Week’s Gain, More Red Flags Are Waving

Jun 30, 2024 Jeremy Parkinson Finance 0

More often not, how something happened is at least as important as what happened. It’s certainly true of the stock market anyway. Sometimes it’s the subtle, nuanced clues that give you a better hint of what’s really going on. depositphotos It’s a concept to consider after last week’s action to be sure. While the major indices basically […]