June 2024 - Page 62 of 240 -

Weekly Market Outlook – Technical Resistance Remains In The Way

Jun 23, 2024 Jeremy Parkinson Finance 0

Stocks managed to log another win last week… albeit just barely. And not all of them. Whereas the S&P 500 mustered a 0.6% gain during the holiday-interrupted stretch, the Nasdaq suffered the tiniest of weekly losses. Traders were moving to safer names, however. depositphotos The Dow Jones Industrial Average was up 1.45% for the week. Unlike either […]

Gold Fundamentally Seeking Grip, Technically Still Facing Dip

Jun 23, 2024 Jeremy Parkinson Finance 0

To be sure, our recent missives have been near-term negative for Gold, at least technically so, an eye to the 2247-2171 zone apropos. Still, as you know, Gold these past two weeks has been fundamentally grappling to gain grip, albeit settling this past week yesterday (Friday) down a dip at 2335. depositphotos First, the Bad News: from the standpoint of Gold’s […]

The Importance Of Market Cadence

Jun 23, 2024 Jeremy Parkinson Finance, No picture 0

In my recent post, I discuss a conclusion from the writings of many trading psychologists: that successful active trading requires an intuitive feel for market action. My experience is that looking at relatively static chart patterns or indicator readings does not provide that market feel. A structural view of markets can be informative, but we get a […]

Canada’s 5 Largest Cannabis LPs Declined Another 6%, On Average, This Week

Jun 23, 2024 Jeremy Parkinson Finance 0

Image sourceAn IntroductionNone of the 5 constituents in the Canadian Cannabis LPs Portfolio advanced this week, going down 6.1% on average and are now down 44.8%, on average, since Tuesday, April 30th, when the DEA announcement that it planned to follow through on the DHS recommendation that cannabis be reclassified from a Schedule I drug to […]

Comex: Gold Sees Highest Delivery Volume In Nearly 2 Years Gold Silver Conclusion

Jun 23, 2024 Jeremy Parkinson Finance 0

The Comex report for last month correctly identified a potential big move in silver while the same report two months ago preceded a massive up move for the price of gold. The data this month is not as obvious or compelling, but it is clear the stress on the Comex continues to build.The CME Comex is the […]

Post OPEX Liquidity Drain Could Destabilize The Stock Market

Jun 22, 2024 Jeremy Parkinson Finance, No picture 0

This week’s going to be less about the economic macro backdrop, it’s going to be more about the passing of options expiration and the movement into quarter end. The loss of gamma levels following opex and the quarter-end liquidity drain could create volatility in the market. Video length 00:13:09More By This Author:The Over Extended Nasdaq May […]

Artificial Intelligence: Just How Disruptive Will It Be? The alluring potential of disruptive technology Learning from past disasters: The dot-com era Closely monitoring market-bubble indicators AI will undoubtedly influence the future

Jun 22, 2024 Jeremy Parkinson Finance 0

There’s no denying it — artificial intelligence (AI) is poised to revolutionize the digital world. Companies and investors alike are approaching it with enthusiastic optimism. And though no one is betting against it, whether it lives up to all the hype is the million-dollar question. disruptive technology: an innovation that significantly alters the way that consumers, […]

Gold Price Drops On Firm US Yields, Strong USD After Solid US Data Daily digest market movers: Gold price drops due to strong US Dollar Technical analysis: Gold price drops below Head-and-Shoulders neckline, eyes $2,300

Jun 22, 2024 Jeremy Parkinson Finance 0

Gold prices reversed course on Friday, moving down more than 1.70%. Economic data from the United States (US) spurred investors’ reaction to pricing out fewer interest rate cuts by the Federal Reserve (Fed) due to the solid state of the economy. The XAU/USD trades at $2,317, below its opening price after hitting a daily high of […]

Are Microcaps A Good Proxy For Private Equity?

Jun 22, 2024 Jeremy Parkinson Finance 0

Private Equity is classified as an “alternative investment,” meaning it has distinct features from the typical investment diet of stocks and bonds. Some go so far as to define all companies not trading on public exchanges as private equity.As the name suggests, “private” equity by nature is a bit more amorphous relative to “public” equity, […]

Ford Stock Price Forecast: Headed Below $10 Again? Recent developments Analyst optimism and long-term potential Navigating Valuation and Market Conditions Bullish entry opportunity at $11.80

Jun 22, 2024 Jeremy Parkinson Finance 0

Ford Motor Company (NYSE:F) has recently caught the attention of analysts, particularly those at Morgan Stanley, who have made it their top pick in the U.S. automobile sector.This enthusiasm stems from Ford’s evolving electric vehicle (EV) strategy, which suggests a significant shift from their current approach. Analyst Adam Jonas highlights that Ford is becoming increasingly aware […]