September 2024 - Page 105 of 200 -

The Commodities Feed: European Gas Sell-Off

Sep 17, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Energy – Refiners react to weaker margins ICE Brent settled 1.59% higher yesterday, possibly as shorts in the market cover their positions ahead of Wednesday’s FOMC meeting, where the market is still torn between a 25 basis point or 50bp cut from the Fed. There are also lingering concerns over Libyan oil supply, which continues to be […]

Trump token WLFI confirmed, sales limited to accredited investors and non-US persons

Sep 16, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways WLFI token sales are limited to accredited investors and non-US persons. WLFI is a governance token with no economic benefits like dividends. Share this article Donald Trump today confirmed the WLFI token of his family’s DeFi project, World Liberty Financial, during a livestream on X Spaces. The team behind the project announced that […]

This Range Reversal Could Double Our Profits On Tuesday

Sep 16, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels Weekend’s over – let’s make some money! Markets are range-bound ahead of FOMC later this week, and I couldn’t be happier!Ranges are SUPER easy to trade (once you learn how they work) and these (2) Reversal Trades could be easy money on Tuesday!The Emini is bullish into a range, but the Nasdaq is […]

Financial Markets Report For Monday, Sept 16

Sep 16, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, September 16.Video Length: 00:11:57More By This Author:Financial Markets Report For Thursday, Sept 12Metal Markets Report For Wednesday, Sept 11Financial Markets Report For Wednesday, Sept 11

EURUSD Rallies To Vault Over 1.11 On Tepid Monday

Sep 16, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay EUR/USD climbed back over 1.1100 as rate cut hopes keep markets afloat. A thin week on the EU economic calendar leaves Fed rate focus front and center. The Fed is expected to begin cutting rates this week and deliver multiple cuts by year-end. EUR/USD rose on a tide of Greenback shorting pressure on […]

Markets Savor A Big Rate Cut, But The Main Course Awaits With Jay Powell

Sep 16, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashMARKETSStocks had a mixed Monday session as tech names hit a speed bump, with Apple (AAPL) dragging down the Nasdaq due to concerns over iPhone 16 sales. But the S&P 500 brushed off that tech stumble, inching toward record highs, while the Dow marched confidently to another peak. Investors seemed to be banking on […]

Stocks And Precious Metals Charts – Sliding Contentedly Into The Abyss

Sep 16, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsStocks had the wobbles today, but managed to hang on to their perches.Gold and silver also marked time in place.The Dollar fell.The VIX remains supine.The FOMC will be making some noises this week on Wednesday.The expectations are for a 50 bp cut. A 25 bps cut will disappoint. Doing nothing will shock.There is an option expiration […]

MicroStrategy doubles down on Bitcoin, proposes $700M convertible notes to fund BTC acquisition

Sep 16, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways MicroStrategy wants to use new $700M note issuance to manage debt and expand Bitcoin reserves. Recent purchase boosts MicroStrategy’s bitcoin holdings to 244,800 BTC, reinforcing its position as a major corporate holder. Share this article MicroStrategy, a pioneer in corporate Bitcoin adoption, announced today its plan to offer $700 million in convertible senior […]

Four Day Rallies Reach Peak; Market Reversals Next?

Sep 16, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsAfter blasting through 20-day and 50-day moving averages with little fanfare, the S&P, Nasdaq and Russell 2000 (IWM) all finished with topping doji, opening up the possibility for gaps down tomorrow and bearish “evening star” candlestick formations.The Nasdaq is looking the most bearish of these indices as it stalls out at channel resistance. Its […]

USD/CAD Holds Steady Above 1.3550 Ahead Of Canadian CPI, US Retail Sales Data

Sep 16, 2024 Jeremy Parkinson Finance 0

Photo by Michelle Spollen on Unsplash USD/CAD flat lines around 1.3585 in Monday’s early Asian session. The US Fed is widely anticipated to cut interest rates on Wednesday, its first in four years. The Canadian CPI inflation report is due later on Tuesday. The USD/CAD pair trades on a flat note near 1.3585 during the early Asian session […]