June 2024 - Page 80 of 240 -

Warning Signs Creeping Into The Stock Market

Jun 20, 2024 Jeremy Parkinson Finance 0

This week I saw that Goldman Sachs, Evercore ISI, and Citi all raised their year-end targets for the S&P 500 which now sits just under 5500. For the record, their previous targets were 5100, 4750, and 5100. As with 2023, these firms have been woefully wrong. But they are really good at chasing the market […]

A Silver Lining – Manic Metals Report

Jun 20, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Metals are finding its silver lining as silver leaps and breaks out high after wild swings of volatility. Value wise based ion the price of gold silver is still cheap, and we are also seeing some shins of turning in some industrial metals that have been stymied by weak manufacturing data out of […]

Asian Stock: Genting Singapore

Jun 20, 2024 Jeremy Parkinson Finance 0

Company: Genting Singapore LimitedBloomberg ticker: GENS SPMarket cap: US$8,187mBackground: Genting Singapore Limited is one of the largest gaming and luxury integrated resort developers in Southeast Asia, with a high market share of VIP gaming. It also has hotels and leisure operations in Australia, the Bahamas, Malaysia, the Philippines, and the United Kingdom. World Class Benchmarking of Genting Singapore Profitable […]

Tropical Storm Alberto Makes Landfall. The Corn & Ethanol Report

Jun 20, 2024 Jeremy Parkinson Finance, No picture 0

We kicked off the day with Building Permits Prel, Building Permits MoM Prel, Current Account, Housing Starts, Housing Starts MoM, Initial Jobless Claims, Philadelphia Fed Manufacturing Index, Continuing Jobless Claims 4-Week Average, Philly Fed Business Conditions, Philly Fed CAPEX Index, Philly Fed Employment, Philly Fed New Orders, and Philly Fed Prices paid at 7:30 A.M., […]

Jump Crypto under CFTC scrutiny for its market practices

Jun 20, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Chicago-based trading firm Jump Crypto is currently under investigation by the Commodity Futures Trading Commission (CFTC), as reported by Fortune. The probe, which is not indicative of any misconduct, is examining the firm’s trading and investment activities in the crypto sector. This scrutiny follows a series of setbacks for Jump, including its involvement in hacks […]

FTSE Heading For A Hat Trick Of Daily Gains On Split BoE

Jun 20, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels Thursday saw London stocks slightly increase as investors took a cautious approach in anticipation of the Bank of England’s interest rate decision, however, as expected the Bank of England remained on hold at 5.25%. The bank stated that members of the MPC were evenly split on the decision. Even though UK inflation dropped […]

WTI Extends Gains After Surprise Crude Inventory Draw; Pump-Prices Set To Soar

Jun 20, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Oil prices continue to extend their gains as “price-supportive rhetoric” from OPEC and its allies forced algorithmic traders to switch from short to long as oil prices have tracked financial assets higher in recent weeks. “Today we are waiting for the inventory data,” said Arne Lohmann Rasmussen, head of research at A/S Global Risk […]

S&P 500 Moves Above 5,500; Nasdaq Nabs Record High

Jun 20, 2024 Jeremy Parkinson Finance 0

Wall Street is higher this afternoon, as investors continue to unpack this morning’s flood of economic data. The S&P 500 Index (SPX) briefly topped the 5,500 level for the first time ever following Nvidia’s (NVDA) historic rise to the most valuable publicly traded company. The tech-laden Nasdaq Composite Index (IXIC) also nabbed a new record high, while the […]

3 High Growth Tech Stocks For Dividends

Jun 20, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay The technology sector is generally associated with growth stocks. Many technology stocks do not pay dividends, although this has begun to change over the past several years. The NASDAQ 100 list now contains many quality dividend stocks with strong yields. This article will discuss 3 blue-chip tech stocks that pay dividends, and have the […]

“People can access me 24/7:” Bitwise Ethereum ad pokes fun at traditional finance

Jun 20, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Asset manager Bitwise released a commercial today comparing Ethereum (ETH) and traditional finance in a joking tone. With the caption “Unlike Big Finance, Ethereum doesn’t clock out at 4 p.m.”, the commercial portrays traditional finance as a senior and tired man, while Ethereum is a more jovial and full of energy version. Unlike Big Finance, […]