August 2024 - Page 223 of 238 -

Amazon’s Weak Sales Spoil Investors’ Mood: ETFs In Focus

Aug 02, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashLike other tech giants such as Microsoft (MSFT), Meta Platform (META), and Google’s parent, Alphabet (GOOGL), Amazon (AMZN – Free Report) also failed to impress investors with its second-quarter 2024 results. The online behemoth outpaced earnings estimates but lagged on revenues. It also guided weaker-than-expected revenues for the ongoing quarter.Shares of AMZN dropped as much as […]

Czech National Bank Review: A Softer 25bp Cut With Tighter Monetary Policy Ahead

Aug 02, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsThe CNB policymakers decided to moderate the pace of rate reduction to 25bp as anticipated, with the policy rate at 4.5% since early August. At the same time, the whole rate curve shifted upward, especially toward the longer end of the projection horizon, while economic rebound expectations remain upbeat for the coming year. Fewer rate […]

Wall Street Begs Fed To Panic: Goldman Sees 3 Consecutive Rate Cuts, JPM Hopes Two For 50bps, Citi Even Crazier

Aug 02, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsIt didn’t take long after today’s dismal jobs report to spark what Wall Street hopes will be a Fed panic. Indeed, just moments after a catastrophic jobs report which “nobody’ could have possibly predicted, well some notable exceptions, some of the biggest Wall Street analysts are already tearing up the soft landing playbook they were […]

Treasury Rally Enters Its Fourth Month

Aug 02, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashAfter three months in a row of gains already, long-term US Treasuries have picked up in August right where they left off in July. In just the first two trading days of August, the iShares 20+ Year Treasury ETF (TLT) has already gained close to 3% to trade at its highest level since February […]

Second Derivative Blues

Aug 02, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashPayroll employment rose by 114,000 and unemployment is only 4.3%. Wages are up 3.6% over the past 12 months. Those are really good numbers! Unfortunately, it’s often the second derivative that tells the real story. There are strong signs that the economy is slowing rapidly. That doesn’t necessarily mean there’ll be a recession, but […]

Elliott Wave Technical Analysis: Visa Inc. For Friday, Aug 2

Aug 02, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashV Elliott Wave Analysis Trading Lounge Daily ChartVisa Inc., (V) Daily Chart V Elliott Wave Technical Analysis FUNCTION: Trend MODE: Impulsive STRUCTURE: Motive POSITION: Wave 1. DIRECTION: Upside in wave 1 of (5). DETAILS: Looking for a bottom in place in wave (4), as we seem to be resuming higher into wave (5). A break and retest of 280$ would provide additional confirmation. V Elliott Wave Analysis Trading Lounge 1H Chart, AugVisa Inc., (V) 1H Chart V Elliott Wave Technical AnalysisFUNCTION: Trend MODE: […]

3 Dividend Aristocrats Providing High Yields And Dividend Growth

Aug 02, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayStocks that have long histories of dividend growth have stood the test of time. For example, the Dividend Aristocrats, which is a group of just 68 stocks that are S&P 500 components and have raised their dividends for at least 25 consecutive years.This article will discuss 3 Dividend Aristocrats with dividend yields above 3% […]

Morning Flash Report For Friday, Aug 2

Aug 02, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the Futures Markets.Video Length: 00:05:24More By This Author:Metal Markets Report For Thursday, Aug 1SPDR ETF Report For Thursday, Aug 1Financial Markets Report For Thursday, Aug 1

GBP/USD Price Analysis: Rises Above 1.2800 Amid Weak US Data Fueling Rate Cut Hopes

Aug 02, 2024 Jeremy Parkinson Finance 0

Photo by Colin Watts on Unsplash GBP/USD rallies from daily low of 1.2707 to trade above the 1.2800 mark. Key resistance levels reclaimed: 50-DMA at 1.2787 and 1.2800 mark; next targets are 1.2860, 1.2900, and 1.2950. If GBP/USD falls below 1.2800, it may range between 1.2800 and 1.2700, with further support at 100-DMA (1.2683). The Pound Sterling rallied sharply against […]

Genesis moves $1.5 billion in BTC and ETH, Bitcoin dips 2.2% in hour

Aug 02, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Genesis Trading transferred $1.5 billion in BTC and ETH, causing price drops. The transfer likely marks the beginning of creditor repayments following Genesis’ bankruptcy. Genesis Trading moved over $1.5 billion in Bitcoin (BTC) and Ethereum (ETH) in the past hour, according to an X post by Arkham Intelligence. As a result, BTC fell […]