June 2024 - Page 77 of 240 -

Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, June 20

Jun 20, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashBoth the NQ and the ES reached additional highs are Fibonacci levels during the Globex session. I am not just yet putting any labels on the charts – primarily due to continuing to wait for confirmation from the markets of the potential tops of Minor 3rd waves being in via an hourly 5 wave […]

The Over Extended Nasdaq May Have Reached An Inflection Point

Jun 20, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashStocks finished basically flattish, with the S&P 500 down around 20 bps, but with 297 stocks up and just 204 down on the day. Tomorrow is the big quadruple witching day, with a large amount of gamma due to roll-off in the options market. The index options will expire at the open, while ETF […]

Sellers Strike, Nixing Extended Rallies In The S&P And Nasdaq

Jun 20, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsIt was to be expected that sellers were to make a concerted appearance at some point in June and today was the day. It was a rough day for me on the day trading front; overtrading, but managing to close with a profit thanks to the gain of the Dow Jones Industrial Average. The […]

Rates Spark: Pieces Falling Into Place

Jun 20, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsAfter the MPC meeting the market is now making an August rate cut for the BoE the base case. Not yet by a large margin, but it does reflect a shift in sentiment which we think is not unique to sterling. The bias for rates markets should remain bullish in our view, as cuts soon […]

High Dividend 50: Financial Institutions, Inc.

Jun 20, 2024 Jeremy Parkinson Finance 0

High-yield stocks pay out dividends that are significantly higher than the market average. For example, the S&P 500’s current yield is only ~1.2%.High-yield stocks can be very helpful to shore up income after retirement. A $120,000 investment in stocks with an average dividend yield of 5% creates an average of $500 a month in dividends.Financial Institution, […]

Carnival To Report Q2 Earnings: What’s In The Cards?

Jun 20, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Carnival Corporation & plc (CCL – Free Report) is scheduled to report its second-quarter fiscal 2024 results on Jun 25, 2024, before the opening bell. In the last reported quarter, the company delivered an earnings surprise of 22.2%. How are Estimates Placed? The Zacks Consensus Estimate for fiscal second-quarter bottom line is pegged at a loss of a […]

Investors’ Guide To The Historic 2024 Elections

Jun 20, 2024 Jeremy Parkinson Finance, No picture 0

As we approach the halfway mark of 2024, I figured it’d be constructive to check in on the results of this year’s record-breaking elections. The numbers are particularly striking: Approximately 4.2 billion people are believed to be casting ballots this year, representing half of the world’s population and 68% of global equity market cap.The implications […]

Indian Gold Demand Remained Strong In May Despite Record Prices

Jun 20, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Indian gold demand remained strong last month despite record prices.India ranks as the world’s number two gold consumer, just behind China. According to the World Gold Council, there is currently strong, positive consumer sentiment toward gold in India, and it is currently viewed as an attractive investment due to surging prices.Gold buying exceeded expectations […]

Asian Stock: Manila Water Company

Jun 20, 2024 Jeremy Parkinson Finance 0

Company: Manila Water Company IncorporatedBloomberg ticker: MWC PMMarket cap: US$1,094mBackground: Manila Water Company Incorporated is a Philippine company providing water, sewerage and sanitation, distribution services, pipe works, and management services. MWC holds exclusive rights to provide water and wastewater services to the eastern side of Metro Manila (East zone). World Class Benchmarking of Manila Water Company Inc Profitable Growth […]

First Solana ETF in North America set to launch on Toronto Stock Exchange

Jun 20, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

3iQ Digital Asset Management, a Canadian digital asset investment fund manager., has filed for the initial public offering of the first Solana exchange-traded product (ETP) in North America.The Solana Fund, under the ticker QSOL, will be listed on the Toronto Stock Exchange, offering exposure to Solana’s digital currency, SOL. UPDATE: 3iQ just filed to launch […]