August 2024 - Page 93 of 238 -

Strong Trading Day On Favorable LEI; PANW Beats In Q4

Aug 19, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsMarket indexes began the day in a good mood. Throughout the course of the trading session, nothing came along to trip it up, either. All four major indexes closed the day at or near session highs.The Dow gained +236 points, +0.58%, the S&P 500 was +54 points, +0.97%. The Nasdaq won the day as […]

Betting Big On A ‘Goldilocks’ Scenario For The US Economy

Aug 19, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashThe S&P 500 and Nasdaq are riding high, notching their eighth consecutive positive session as stocks continue their winning streak. Investors are pouring back into equities with a renewed sense of ‘full recovery’ confidence, betting big on a ‘Goldilocks’ scenario for the US economy—just the right mix of growth and stability.With the central bank […]

The Gaps’ Last Stand

Aug 19, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsThe bears are just about done. It’s quite clear that the selling we saw earlier this month (which lasted all of two trading days – – August 1st and 2nd) is a freak occurrence, and 95% of the time, the market will simply get more overvalued. The LAST opportunity – – and I do mean the last – – for the […]

Gold Price Forecast: XAU/USD Holds Steady Above $2,500, Potential Downside Seems Limited

Aug 19, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Gold Price trades flat near $2,500 in Tuesday’s early Asian session. Fed’s dovish remarks and rate-cut bets underpin the Gold price. Easing geopolitical risks in the Middle East might cap the upside for XAU/USD. Gold Price (XAU/USD) hovers around $2,500 during the early Asian session on Tuesday. The rising expectation of the interest rate […]

Asia Morning Bites For Tuesday, Aug 20

Aug 19, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Global Macro and Markets Global Markets: A strong surge in currencies against the dollar was the main story on Monday, and this was especially the case for some of the Asian currencies. The THB gained 1.6% on the day, dropping to 34.39 and probably helped by the imposition of a new PM to […]

Stocks Move Higher As Systematic Flows Overwhelm Low-Volume Markets

Aug 19, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashToday, credit spreads (which tell us how risky some loans are) didn’t change much. But other things did. The one-month implied correlation index (which shows how stocks might move together) went up, and the 50-delta one-month S&P 500 IV (which tells us about expected price changes) also went higher. Meanwhile, the USDJPY (a way […]

Stocks And Precious Metals Charts – Prayer In The Land Of The Lotus Eaters

Aug 19, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashIt was risk on, and stocks were in rally mode, going out near their highs.The Democratic convention starts today, and the Fed will be meeting in Jackson Hole later this week.The Dollar fell back down to the lower bound of its recent range.Gold and silver gained in the overnight and managed to hold on […]

Ford Is Still Not Ready To Resume The Rally

Aug 19, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayFord Motor Company (F) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln luxury brand. FORD (F) Daily Chart August 2023 One year ago, we called that Ford (F) needed more downside as price action […]

GBP/USD Climbs For A Third Straight Day As Greenback Recedes

Aug 19, 2024 Jeremy Parkinson Finance 0

Photo by Colin Watts on Unsplash GBP/USD fell just shy of reclaiming the 1.3000 handle on Monday. UK and US PMIs slated for Thursday this week. Jackson Hole Economic Symposium kickoff looms ahead. GBP/USD rose one-third of one percent after the US Dollar continued to recede to kick off the new trading week. Greenback flows extended a near-term course […]

Beyond Buffett: Can Berkshire Outperform S&P 500 ETFs?

Aug 19, 2024 Jeremy Parkinson Finance 0

Warren Buffett, Image Source: Pixabay In this episode of ETF Spotlight, I speak with Tracey Ryniec, Zacks Senior Equity Strategist, about investing like Warren Buffett and the future of Berkshire Hathaway (BRK-B – Free Report) in a post-Buffett era.Warren Buffett is one of the greatest and most respected investors of all time, so investors closely monitor all his […]