July 2024 - Page 34 of 267 -

PALLADIUM Trading Strategy, XPDUSD Analysis & XPDUSD Forecast – Saturday, July 27

Jul 27, 2024 Jeremy Parkinson Finance, No picture 0

Today you will see PALLADIUM price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XPDUSD. What to expect where the price will breakout for the XPDUSD based on the supply and demand zones.Video Length: 00:02:41More By This Author:Gold Trading Strategy Today – Friday, July 26 […]

Week Ahead: Will The Rollercoaster Be On Full Swing Again?

Jul 27, 2024 Jeremy Parkinson Finance 0

It’s been a rollercoaster month with a few genuinely nerve-wracking sessions. However, we’re still not in full-blown panic mode—think of it more as a healthy correction. Investors and CTAs (Commodity Trading Advisors) are starting to trim their excessively high SPX exposures, which could alleviate some overbought anxiety. Nonetheless, the FX market has been quite the […]

Canadian Cannabis LPs Out-Performed American MSOs Again This Week

Jul 27, 2024 Jeremy Parkinson Finance 0

IntroductionCanada is plagued by an illicit market and oversupply while in the U.S. the allure has dimmed amid regulatory hurdles and a lack of timeline for federal legalization. In response, the largest cannabis companies in both countries are ramping up investments in Germany, the largest medical cannabis market in Europe, after the country decriminalized cannabis possession […]

Cuts, It’s Always The Cuts

Jul 27, 2024 Jeremy Parkinson Finance 0

S&P 500 couldn’t just surge right after core PCE coming (only) in line – personal income underwhelming isn’t a good sign for earnings ahead, but I wrote about that amply in connection with CPI and PPI (companies just can’t pass on their rising costs, and you know about credit card debt too). But after the […]

Trump speech at Bitcoin 2024 triggers $24M in long liquidations amid market volatility

Jul 27, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Trump’s speech at Bitcoin 2024 led to a sharp increase and then a drop in Bitcoin prices. Nearly $24 million in Bitcoin longs were liquidated during the speech. Bitcoin prices experienced significant volatility during former U.S. President Donald Trump’s speech at Bitcoin 2024 in Nashville, where he unveiled plans to establish a “strategic […]

Oil Prices Remain Under Pressure This Week – Commerzbank Crude oil trades above $80

Jul 27, 2024 Jeremy Parkinson Finance, No picture 0

Oil prices remained at just over $80, a barrel of Brent crude was temporarily as cheap as it was last at the beginning of June, Commerzbank’s Commodity Analyst Barbara Lambrecht notes.Crude oil trades above $80“Oil prices remained under pressure this week: at just over $80, a barrel of Brent crude was temporarily as cheap as […]

Forex And Cryptocurrency Forecast For July 29 – Aug. 2

Jul 27, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay EUR/USD: Europe is Not Doing Very Well, the US is Not Doing Very Badly The main events in the currency market will unfold in the upcoming week, with meetings scheduled for Wednesday, July 31, when the Bank of Japan and the Federal Reserve’s FOMC (Federal Open Market Committee) will convene, followed by the Bank […]

Trump confirms Bitcoin will become a US strategic reserve asset if elected

Jul 27, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Trump proposes Bitcoin as a strategic reserve asset. Trump’s campaign accepts crypto donations, signaling strong industry support. US presidential candidate Donald Trump said he will make Bitcoin a strategic reserve asset if elected during his keynote speech today at the Bitcoin 2024 Conference. “I am announcing that if I am elected, it will […]

Tech Stocks: Sharp Decline? Yes. Out Of The Ordinary? No.

Jul 27, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash“Stocks take the escalator up and the elevator down” is a common phrase you’ll be hearing more of as volatility picks up and stocks experience their second major decline of the year. But from a technical perspective, this pullback has been sharp, but otherwise pretty ordinary, writes Tom Bruni, head of market research at The Daily Rip […]

VOXX International Corporation: Unpopular But Profitable?

Jul 27, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashVOXX International (VOXX) is a cyclical manufacturer of automotive and consumer electronics. The auto industry is going through a downturn at the moment, so the company has been losing money and sitting on high inventory levels. But the stock has fallen almost 90% from its 2021 high, which may be on the excessive side, resulting […]