July 2024 - Page 129 of 267 -

Elliott Wave Analysis: Bitcoin, Ethereum, Gold, Silver, And Top Commodities

Jul 16, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashBitcoin (BTC), Ether ETH/USD, Crypto Index, TLT Bonds, US 10 Yr. Yields, USD/ DXY, UUP. Gold, GDX ETF, Silver, Copper, Uranium, Crude Oil, Natural Gas Commodity Market Elliott Wave Update: Bitcoin & Ether, long-term hold strategy Dollar: Wave (ii) rally. Bonds – higher. 10 Yr. Yields – lower Gold, GDX, and Silver hold long strategies […]

Nasdaq 100 & S&P 500 Elliott Wave Update – Tuesday, July 16

Jul 16, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayThe S&P 500 pushed to an additional new ATH on Tuesday, which continues to support the market being within the final leg(s) up to complete the Minor 3rd wave. I’ve updated the labeling and added some additional Fibonacci levels as well. The Nasdaq 100 spent the day consolidating and was held to within the […]

Crude Oil Extends Declines On Chinese Demand Concerns, WTI Falls Below $80

Jul 16, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash WTI tumbled below $80.00 per barrel as Crude Oil bids crumble. Crude Oil markets are extending a downside slide as Chinese demand slumps. WTI bull run sputters, bids within touch range of long-term averages. West Texas Intermediate (WTI) Crude Oil fell on Tuesday as barrel traders grow fearful at the prospect of a […]

Gold Hits New All-time High As US Yields Tumble, Buyers Eye $2,500

Jul 16, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Gold price hits an all-time high of $2,469 on growing expectations of a Fed rate cut in September. Trump’s potential election win fuels market volatility, driving investors to non-yielding assets. Lower-than-expected inflation data and Powell’s dovish comments underpins Gold. Gold price skyrockets to a new all-time high of $2,469 on Tuesday amid growing […]

Interactive Brokers Cites Higher Trading Volumes As It Beats Q2 Estimates

Jul 16, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsInteractive Brokers Group Inc (IBKR) says its profit and revenue surpassed Street estimates as higher trading volumes pushed commission revenue up 26% in its second financial quarter. IBKR stock is being rewarded in extended hours also because the largest U.S. trading platform ended its Q2 with 2.92 million customers in total – up a […]

The Market Based SOFR Path

Jul 16, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsAs of 7/15 and month ago:Source: Atlanta Fed, accessed 7/16/2024.The path has moved down noticeably over the last month, 3.67% to about 3.5%.More By This Author:Food Inflation Stable, Down In The Midwest China Economic SentimentRecession Probabilities For June 2025

High Dividend 50: Bristol-Myers Squibb

Jul 16, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayHigh-yield stocks pay out dividends that are significantly more than market average dividends. For example, the S&P 500’s current yield is only ~1.3%.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 […]

USD/CAD Weakens Below 1.3700 Amid Rising Fed Rate Cut Bets

Jul 16, 2024 Jeremy Parkinson Finance 0

Photo by Michelle Spollen on Unsplash USD/CAD trades with mild losses around 1.3670 in Wednesday’s early Asian session. US Retail Sales held steady in June, followed a 0.3% increase in May, in line with expectations. The cooler-than-expected Canadian CPI triggered expectations of another rate cut by the BoC next week. The USD/CAD pair trades in a negative territory near […]

Auto Insider Warns More Americans Fall Behind On Car Payments As Repos Soar 23%

Jul 16, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashThe delayed day of reckoning has arrived for millions of Americans who purchased vehicles with absurdly high monthly payments they no longer can afford. New data shows auto repossessions surged in the first half of the year, driven by elevated inflation and high interest rates, resulting in increased consumer distress (read: here & here) as the labor market slows. Before we […]

Stocks Reach New Record Highs As Investors Dance To New Tunes

Jul 16, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashMARKETSThe U.S. stock market took investors on a joyride Tuesday, with major indexes reaching for the stars, while small-cap stocks continued to outshine their larger tech cousins.The S&P 500 sprang up 0.6%, notching its 38th record close this year. The Dow Jones Industrial Average stole the show, jumping 743 points, or 1.8%, clinching its […]