July 2024 - Page 65 of 267 -

Selling CrowdStrike – For Now

Jul 24, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash On Friday, a global IT outage that has rarely been seen before swept across the world, leaving thousands of flights grounded, locking out millions of employees from their computers, and basically grinding global business to a halt. The lost sales and productivity likely reached into the billions, and it was all because of […]

First Solar Stock Outlook: How A Trump Presidency And Inflation Reduction Act Will Shape Its Future

Jul 24, 2024 Jeremy Parkinson Finance 0

Image Source: Unsplash First Solar Inc (Nasdaq: FSLR), a leading player in the solar energy sector, is navigating a complex landscape shaped by both political dynamics and legislative actions. The company, which saw more than 80% of its net income last year attributed to domestic manufacturing tax credits from the Inflation Reduction Act (IRA), is now facing […]

Elliott Wave Technical Analysis: WTI Crude Oil – Wednesday, July 24

Jul 24, 2024 Jeremy Parkinson Finance 0

Photo by Timothy Newman on Unsplash WTI Elliott wave analysis Function – Counter-trend for wave 2 Mode – Corrective Structure – Impulse for wave a of 2 Position – Wave 3 Direction – Wave 3 is in play Details – We still count lower for wave 3 after the commodity broke below 80.29. It still favors the downside toward […]

RiskLayer secures funding to enhance DeFi security middleware on EigenLayer

Jul 24, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways RiskLayer’s funding will support the development of two AVSs on EigenLayer. The project aims to provide transparent risk assessments for DeFi protocols. RiskLayer, a protocol developed by economic risk management firm Chainrisk Labs, has announced the completion of a pre-seed funding round. The project aims to build decentralized finance (DeFi) security middleware on […]

S&P 500 Earnings Dashboard 24Q2 – Wednesday, July 24

Jul 24, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels S&P 500 Aggregate Estimates and Revisions 24Q2 Y/Y earnings are expected to be 11.6%. Excluding the energy sector, the Y/Y earnings estimate is 12.6%. Of the 133 companies in the S&P 500 that have reported earnings to date for 24Q2, 78.9% reported above analyst expectations. This compares to a long-term average of 66%. The 24Q2 Y/Y blended revenue growth estimate is 4.6%. If the energy sector […]

Bitcoin’s Explosive Rally Imminent? Key Indicator Flashes Rare Buy Signal

Jul 24, 2024 Jeremy Parkinson Finance 0

The post Bitcoin’s Explosive Rally Imminent? Key Indicator Flashes Rare Buy Signal appeared first on Coinpedia Fintech News. Hash Ribbons Indicator: A Bullish ShiftThe hash ribbons indicator which tracks Bitcoin’s hashrate using two moving averages of both the 30-day and the 60-day suggestion. When the 30-day average falls below the 60-day average, it signals miner struggles and a potential downturn. Conversely, when […]

Sensex Today Ends 280 Points Lower; Nifty Below 24,450

Jul 24, 2024 Jeremy Parkinson Finance 0

After opening the day lower, benchmark indices remained muted as the session progressed and ended the day lower.Indian stock markets witnessed another volatile session on Wednesday as investors assessed and reacted to the Budget 2024 proposals.At the closing bell, the BSE Sensex stood lower by 280 points (down 0.4%).Meanwhile, the NSE Nifty closed lower by 66 points (down 0.3%).Nestle, […]

Solana And Cardano: Solana Recovers To The $178.00 Level

Jul 24, 2024 Jeremy Parkinson Finance 0

Solana chart analysisYesterday’s retreat of the Solana price was stopped at the $170.20 level. After that, we consolidate in the $170.00-$174.00 range. This triggered a bullish impulse to the $177.00 level in the previous hour. With that, we moved above the EMA 50 moving average and got its support. Hopefully, we will have enough room to stabilize […]

USD/JPY Price Analysis: Bearish Trend Reversal Extends

Jul 24, 2024 Jeremy Parkinson Finance 0

USD/JPY is trading over 1.0% lower on Wednesday as it extends its bearish trend reversal after peaking at the July 10 highs and then rolling over. After the recent bout of weakness, it could now be argued that both the short and probably medium-term trends have turned bearish. Given the old adage that “the trend is […]

Bull Of The Day: Amplify Energy

Jul 24, 2024 Jeremy Parkinson Finance, No picture 0

Amplify Energy (AMPY) is a Zacks Rank #2 (Buy) that has an A for Value and an A for Growth. This company is in the oil and gas exploration and production market. The company has operations in the Rockies, offshore California and a few other locations. Let’s explore more about this company in this Bull of […]