August 2024 - Page 89 of 238 -

US500 Daily Trade Plan – Tuesday, August 20

Aug 20, 2024 Jeremy Parkinson Finance, No picture 0

In this update we review the recent price action in the Emini SP500 futures contract and identify a trade plan and levels in play for the session ahead.Video Length: 00:05:19 More By This Author:Daily Market Outlook – Tuesday, Aug. 20FTSE Extends Last Week’s Gains Ahead Of Central Bank SpeakersDaily Market Outlook – Monday, Aug. 19

Vodafone Share Price Is Ripe For A Breakout, But Risks Remain

Aug 20, 2024 Jeremy Parkinson Finance 0

Vodafone (VOD) share price has risen gradually this year as investors flocked back to UK telecom companies. It has risen by 11.7% this year, beating the FTSE 100 index, which has risen by 7.50% this year. Also, the stock has jumped by over 24% from its lowest point in February. Vodafone’s turnaround is ongoingVodafone, one of […]

Summer 2024 Snapshot Of Expected Future S&P 500 Earnings

Aug 20, 2024 Jeremy Parkinson Finance, No picture 0

Every three months, we take a snapshot of the expectations for future earnings in the S&P 500 (Index: SPX) at approximately the midpoint of the current quarter, shortly after most U.S. firms have announced their previous quarter’s earnings.The recovery from 2022’s earnings recession for the S&P 500 is now complete with the index’ earnings per share […]

AUD/JPY Price Prediction: Consolidates Near Monthly Top, 100.00 Confluence Holds The Key For Bulls

Aug 20, 2024 Jeremy Parkinson Finance 0

The AUD/JPY cross seesaws between tepid gains/minor losses through the first half of the European session and now seems to have stabilized around mid-98.00s, just below the monthly peak touched earlier this Tuesday. The Japanese Yen (JPY) continues with its volatile two-way price moves amid domestic political uncertainty, which could hinder the Bank of Japan’s (BoJ) […]

Ripple And Tron: Strong Bullish Impulses This Week

Aug 20, 2024 Jeremy Parkinson Finance 0

Ripple chart analysisSince the start of this week, the price of Ripple has been in a strong bullish trend, with the formation of a new weekly high at the 0.6155 level. We are currently encountering an open in that zone and pulling back to 0.6095. If the price manages to hold here, it could trigger a continuation […]

LOW Beats Q2 EPS Expectations, Falls Short In Revenue At $23.6 Billion

Aug 20, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Lowe’s Companies, Inc. (NYSE: LOW) reported its financial results for the second quarter of 2024, revealing a mixed performance. The home improvement retailer posted net earnings of $2.4 billion and diluted earnings per share (EPS) of $4.17 for the quarter ended Aug. 2, 2024.This marks a decline from the previous year’s second quarter, where diluted EPS stood […]

Asian Stock: Perusahaan Gas Negara

Aug 20, 2024 Jeremy Parkinson Finance 0

Company: PT Perusahaan Gas Negara TbkBloomberg ticker: PGAS IJMarket cap: US$2,116mBackground: PT Perusahaan Gas Negara Tbk is an Indonesian state-owned enterprise and Indonesia’s largest natural gas transportation and distribution company. The company owns and operates more than 10,000km of natural gas pipelines, covering about 96% of the domestic natural gas pipeline network. World Class Benchmarking of Perusahaan Gas Negara Profitable […]

EUR/USD Holds Near Seven-Month High Amid Speculation On Fed Rate Cuts

Aug 20, 2024 Jeremy Parkinson Finance 0

Euro vs dollar maintains its position close to a seven-month peak, trading at 1.1077 on Tuesday. The US dollar’s weakening continues, largely driven by market expectations of an imminent interest rate cut by the US Federal Reserve next month. Attention is also geared towards Fed Chairman Jerome Powell’s upcoming remarks at the Jackson-Hole symposium on […]

Don’t Chase A Stock Market Rally

Aug 20, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Should you chase any stock market rally for that matter? In this video, I will provide my technical analysis for why you don’t chase a stock market rally and why it is better to wait for better opportunities for buying stocks in this current environment.Chasing a stock market rally is like trying to jump on a […]

Daily Market Outlook – Tuesday, Aug. 20

Aug 20, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Following an unexpected reduction in July, the People’s Bank of China maintained its benchmark loan prime rate steady, causing Asian stocks to trade mostly higher ex China, which saw a decline of 0.5%. The MSCI ACWI Index, which encompasses both emerging and mature equities, is poised to extend its winning streak to nine consecutive […]