July 2024 - Page 185 of 267 -

Czech Inflation On Target As Food Prices Drop Significantly

Jul 10, 2024 Jeremy Parkinson Finance 0

Czech annual inflation slowed down in June, returning to target. Consumer prices shed 0.3% from a month earlier, with food and fuel prices contributing most to the drop. The recent inflation print is well below market expectations and the CNB’s spring forecast, opening the door to a continued reduction in the restrictiveness of monetary policy. A pronounced […]

Whatever You Do… Don’t Fall For This Silly Argument!

Jul 10, 2024 Jeremy Parkinson Finance 0

As an individual investor, there are two things you NEED to focus on:1) Ride bull markets for as long as possible.2) Get out of stocks once a bear market hits. depositphotos If you do this, you WILL get wealthy from investing over time. I bring this up, because I’m seeing more and more analysts arguing that the bull […]

S&P 500 Index Forecast: Overbought SPX Could Reverse Soon

Jul 10, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels The S&P 500 index has surged to a record high this year. Corporate earnings will start on Thursday when PepsiCo and Delta release. JPMorgan, Wells Fargo, and Bank of New York will publish on Friday. The S&P 500 index has done extremely well this year, helped by the rising hopes of Federal Reserve […]

Ripple’s XRP Shows Promising Signs Of A Strong Comeback

Jul 10, 2024 Jeremy Parkinson Finance 0

XRP, one of the most popular cryptocurrencies, has once again attracted attention after receiving a new bullish outlook from the well-known crypto influencer, Good Morning Crypto. He shared his thoughts on the present technical pattern on the XRP price chart in a tweet.According to him, this pattern is quite similar to the one witnessed in 2017, which […]

Will Inflation Data Continue To Support The Bond Rally?

Jul 10, 2024 Jeremy Parkinson Finance 0

A month ago it was reasonable to wonder if the worst was over for fixed income securities writ large. Four weeks later, Treasury prices are slightly higher, but the debate continues as investors consider how the Federal Reserve will adjust monetary policy, or not, in the weeks and months ahead.Meantime, most bonds sectors continue to post […]

Unlocking ASX Trading Success: Unibail-Rodamco-Westfield

Jul 10, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash ASX: UNIBAIL-RODAMCO-WESTFIELD (URW) Elliott Wave Technical AnalysisTradingLounge (1D Chart)Greetings,Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with a focus on UNIBAIL-RODAMCO-WESTFIELD (URW). Our current assessment suggests that URW may continue to decline, and the uptrend might not resume.ASX: UNIBAIL-RODAMCO-WESTFIELD (URW) Elliott Wave Technical Analysis – 1D Chart (Semilog Scale)Analysis Function: Major […]

When To Sell Nvidia

Jul 10, 2024 Jeremy Parkinson Finance, No picture 0

The Downside Of “Diamond Hands” Last week, I finally got around to watching Dumb Money, the movie about Keith “Roaring Kitty” Gill and the epic GameStop (GME) pump of a few years ago. It’s entertaining, and worth a watch, but the reason I mention it here is because it includes a cautionary tale about holding a stock indefinitely, with no […]

USD/JPY Analysis: Yen Pares Gains, Awaits Powell Testimony

Jul 10, 2024 Jeremy Parkinson Finance 0

The Japanese yen has returned to around 161 yen per US dollar, paring gains made in recent sessions. This is as investors cautiously await Federal Reserve Chairman Jerome Powell’s testimony before Congress for clues on the path of US monetary policy. Also, key US inflation data will be scrutinized later in the week. Last week, […]

Bitwise faces $2 million lawsuit over alleged investor fraud

Jul 10, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Bitwise faces $2 million lawsuit from investors over alleged misrepresentation of fund conversion. Plaintiffs claim Bitwise engaged in “pump and dump” scheme, leading to significant financial losses. Asset management firm Bitwise faces a $2 million lawsuit from investors alleging fraud and misrepresentation. The Mukamal family, through their Vandelay Industries entities, claim Bitwise misled […]

Narrow Ranges For The Dollar Prevail Ahead Of Tomorrow’s US CPI

Jul 10, 2024 Jeremy Parkinson Finance, No picture 0

The dollar is mostly softer today, but largely within the recent ranges, as the market appears to be waiting for tomorrow’s US CPI. There are a few exceptions to note. The yen is trading near its recent lows. A less hawkish Reserve Bank of New Zealand has triggered a sell-off of the local dollar. Softer […]