August 2024 - Page 120 of 238 -

Stocks And Precious Metals Charts – Option Expiration Tomorrow

Aug 15, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashThe market liked the economic data from this morning, as can clearly be seen on the daily US Dollar chart. Stocks followed suit and rallied higher, and went out near those highs.Gold and silver had also rallied along with everything else, but gave back a little more at the end.There will be a stock option […]

Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, Aug 15

Aug 15, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashAnother day another 2% move in the indexes. I explain why within the NQ and ES in tonight’s update — it’s all about flows and when strong gamma resistance gets taken out — it forces the flow to go against the positions and thus produces an additional pressure directionally. That happened in the NQ […]

Young Adults Up To Age 34 Were The Hardest Hit In Friday’s Unemployment Report

Aug 15, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsAge group 25-35 was very hard hit in Friday’s job report. Overall unemployment rose 0.2 percentage points. For age group 25-34 unemployment jumped by 0.4 PP.Data from BLS, chart by MishJune to July Rise in Unemployment in Percentage Points (PP) 16-19: +0.3 PP from 12.1% to 12.4% 20-24: +0.2 PP from 7.5% to 7.7% […]

EUR/USD Blinks On Thursday, Falls Back Below 1.1000

Aug 15, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay EUR/USD pitched lower despite Thursday’s improved risk appetite. US Retail Sales climbed much higher than expected. US data to dominate the remainder of the trading week with consumer sentiment. EUR/USD took a dive back below the 1.1000 handle on Thursday despite a broad-market recovery in investor sentiment. US Retail Sales growth lurched to an 18-month […]

Gold Price Forecast: XAU/USD Holds Steady Above $2,450 On Positive Retail Sales Data

Aug 15, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Gold price trades flat around $2,455 in Friday’s early Asian session. US July Retail Sales beat expectations, rising 1.0% MoM; Initials Jobless Claims fell 7K to 227K last week. The escalating geopolitical risks in the Middle East might cap the Gold’s downside. Gold price (XAU/USD) flat lines near $2,455 during the early Asian […]

Investing In Transformative AI: How Dell Technologies Is Shaping The Future

Aug 15, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Investing in Transformative AI – Dell Stocks that offer artificial intelligence have been the hot ticket in the stock market – seeing their prices surge – many to astronomical heights. In this video, Chuck Carnevale, Co-Founder of FAST Graphs, a.k.a. Mr. Valuation will use FAST Graphs to see if he can locate some […]

Steady As She Goes: Conservative “Cannabis” Stocks Unchanged MTD; Up 8.5% YTD

Aug 15, 2024 Jeremy Parkinson Finance, No picture 0

Photo by Jason Briscoe on Unsplash The 5 tobacco, beer, and distiller/vintner companies with major investments in the cannabis sector, constituents in the munKNEE Conservative “Cannabis” Stocks Portfolio, deserve the “conservative” moniker in the portfolio name given that it has demonstrated its conservative nature this past month of July and month-to-date (MTD) as highlighted below.The constituents in the portfolio are […]

Understanding Austrian Economics: Key Theories, Beliefs, And Lessons What is Austrian Economics? Austrian Theory of Money Sound Money Critique of Fiat Money The 6 Core Beliefs of Austrian Economics Six Key Lessons from the Austrian School of Economics 5 Leading Austrian Economists

Aug 15, 2024 Jeremy Parkinson Finance, No picture 0

Austrian economics is a distinctive school of thought known for its emphasis on individual choice, free markets, and a deep skepticism of government intervention. This article explores the Austrian theory of money, the core beliefs of Austrian economics, the contributions of the school’s most prominent figures, and six key lessons from the Austrian School. What is […]

Did Granny Retail And Buffett Save The Equities Market?

Aug 15, 2024 Jeremy Parkinson Finance 0

Yesterday we tried to make it easy for you.Our dear Granny Retail XRT told us a lot after the economic data already out earlier in the week (CPI PPI), and then the retail sales and earnings reports that came out today.We wrote, “For those playing along, the number (to watch as pivotal) is 73.50 – […]

Real Retail Sales The Highest So Far This Year, But Still Negative YoY

Aug 15, 2024 Jeremy Parkinson Finance 0

The second point of economic data released this morning, retail sales, were also positive.On a nominal basis, retail sales in July rose 1.0%. After adjusting for inflation, they rose 0.8% to the highest level so far this year. The below graph norms both real retail sales (dark blue) and the similar measure of real personal […]