September 2024 - Page 134 of 200 -

Current Report: Kingfisher

Sep 12, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayTM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Kingfisher (KGFHY) is a home improvement company with over 1,570 stores in eight countries across Europe. The company operates several retail banners that are focused on trade customers and general do-it-yourself needs.Kingfisher’s main […]

OpenAI could reach $150 billion valuation with Apple, Nvidia backing

Sep 12, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways OpenAI’s valuation could soar to $150 billion with new funding. The AI startup is also discussing a $5 billion revolving credit facility with banks. Share this article OpenAI is seeking to raise $6.5 billion in a new funding round that could boost the company’s valuation to $150 billion, as reported by Bloomberg on […]

Mackintosh/WSJ: “A Recession Signal Is Flashing Red. Or Is It?”

Sep 12, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsArticle today on whether it matters if dis-inversion occurs because short rates fall, or long rates rise. Two years ago, the inversion of the yield curve—shorter-dated Treasurys yielding more than longer-dated bonds—was taken by investors as a surefire sign of recession. Now Wall Street worriers have a new concern: The yield curve is back to normal, […]

Asia Morning Bites For Thursday, Sept 12

Sep 12, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Global Macro and Markets Global Markets: A disappointing set of inflation data from the US yesterday hasn’t dampened rate cut spirits too much, and the market is still pricing in 4+ cuts by the end of this year, pushing back the jumbo cuts to November and December. An additional 25bp on top of […]

What Will Q3 Earnings Season Show?

Sep 11, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Estimates for 2024 Q3 have come down since the start of the period, with the magnitude of estimate cuts significantly bigger than what we had seen in the comparable periods of the year’s first two quarters. This negative shift in the revisions trend reverses the prior favorable development on this front in recent […]

Volatility Is Alive And Well

Sep 11, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsConfirmation that the Fed will cut rates by 25 basis points.So of course, stocks took off like a shot – just kidding. They didn’t. They tanked steadily until just before lunchtime… then they took off in a 2% reversal rally.That sounds great, but there’s more going on here than meets the eye. I’ll walk […]

Financial Markets Report For Wednesday, Sept 11

Sep 11, 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, Wednesday, September 11.Video Length: 00:12:20More By This Author:Financial Markets Report For Tuesday, Sept 10Metal Markets Report For Monday, Sept 9Financial Markets Report For Monday, Sept 9

Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Sept 11

Sep 11, 2024 Jeremy Parkinson Finance, No picture 0

It was a very interesting day filled with amazing volatility and amazingly profitable moves. Both the ES and NQ appear and I’m labeling as complete the Minor 4th wave triangle patterns. The “flows” data that I include in the Trade Room and mention here in these updates played to a “T” today. I discuss the […]

USD/CHF Bounce Faces Key Resistance: What’s Next?

Sep 11, 2024 Jeremy Parkinson Finance 0

Photo by Claudio Schwarz on UnsplashUSD/CHF has extended its bounce from 0.8374 to a high of 0.8532, but it is now facing resistance from the falling trend line on the 4-hour chart.Downside Scenario: Consolidation Phase: As long as the trend line resistance holds, the current bounce could be seen as a consolidation within the larger downtrend from the […]

Stocks Rally Back In A Roller Coaster Session

Sep 11, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashStocks started flat and turned sharply, only to rise sharply following a confusing CPI report. By day’s end, it seemed clear that the only thing the CPI report seemed to confirm was that the Fed was unlikely to cut rates by 50 bps in September.The S&P 500 started the day a bit higher as implied […]