September 2024 - Page 137 of 200 -

Can CPI Be Too Low?

Sep 11, 2024 Jeremy Parkinson Finance 0

Higher S&P 500 high was made as per premium predictions, and the same goes for selloff at the open bringing sizable intraday gains to clients. Other premium clues revealed include XLF and KRE performance, and bond market with defensives alike. The main indices as such are sending one more hint discussed below.Let‘s collect them in this […]

Stocks: Uncertainty Following The Rebound

Sep 11, 2024 Jeremy Parkinson Finance 0

Inflation data is not likely to move stock prices much. What’s next?This morning, the markets received the important Consumer Price Index (CPI) release, which came in slightly higher than expected at +0.3% month-over-month. As a result, sentiment worsened slightly ahead of the S&P 500 index open. Futures contracts are trading 0.3% lower; prior to the […]

August CPI: Further Important Progress Towards 2% YoY Level, Marred (Only) By A Surprise Uptick In Shelter

Sep 11, 2024 Jeremy Parkinson Finance 0

August CPI, with the conspicuous exception of shelter, continued to come in tame. And the list of other “problem children” decreased by 1, as only food away from home (restaurants) and transportation services (motor vehicle insurance and repairs) remain.Let’s get the headlines out of the way: – Headline CPI continued increased 0.2% for the month, and decelerated […]

Pendle expands yield opportunities for Bitcoin holders with new BTC pools

Sep 11, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Pendle has introduced BTC pools to provide enhanced yield strategies for Bitcoin holders. The platform’s integration with Corn’s LBTC and other BTC variants signifies its adaptability in the DeFi market. Share this article Pendle, known for its success in ETH-centric DeFi narratives, is expanding into Bitcoin yields by introducing new BTC pools, providing […]

Coffee Commodity Elliott Wave Technical Analysis – Wednesday, September 11

Sep 11, 2024 Jeremy Parkinson Finance 0

Coffee prices are beginning to turn lower after completing a key technical chart pattern. The commodity has been on a strong upward trajectory since October 2023, but a corrective decline now seems likely before the next leg of the rally resumes, continuing the bullish sequence from late 2023. This analysis explores the potential for a pullback and identifies […]

Gold Analysis: Stable Ahead Of US Inflation Report

Sep 11, 2024 Jeremy Parkinson Finance 0

As of Wednesday’s opening, the gold price has stabilized at $2,527 per ounce, as markets await the US inflation report later today for clarity on the potential extent of US interest rate cuts by the Federal Reserve. Last week’s US jobs report offered limited insights following a mixed report, as the US economy added fewer […]

USD/CAD Price Analysis: Dollar Weakens Post-Debate

Sep 11, 2024 Jeremy Parkinson Finance 0

The USD/CAD price analysis shows a mild retracement amid a bullish trend as the dollar falls after the US presidential debate. Meanwhile, investors remained cautious ahead of US inflation data, which could give clues on the outlook for Fed rate cuts. The presidential debate on Tuesday weighed on the dollar as Kamala Harris came out stronger. […]

EUR/USD Faces Key Test With Upcoming US CPI And ECB Rate Decision

Sep 11, 2024 Jeremy Parkinson Finance, No picture 0

The US dollar weakened a little ahead of US CPI release, as polls pointed to Harris having done better than Trump in the first presidential debate overnight. The EUR/USD managed to rebound a touch after starting the week on the backfoot, following the drop on Friday when a weaker US jobs report was not enough […]

PANW Stocks Elliott Wave Technical Analysis – Wednesday, September 11

Sep 11, 2024 Jeremy Parkinson Finance 0

PANW Elliott Wave Analysis Trading Lounge Daily Chart,PaloAlto Networks Inc., (PANW) Daily Chart PANW Elliott Wave Technical AnalysisFUNCTION: Trend MODE: Impulsive STRUCTURE: Motive POSITION: Minor 1 of (5). DIRECTION: Upside into wave 1. DETAILS: Looking for a resumption of the uptrend after what appears to be a three wave move into wave (4), as we currently stand between TL3 and 400$. PANW Elliott Wave Analysis Trading Lounge 1H Chart,PaloAlto Networks Inc., (PANW) 1H Chart PANW Elliott Wave Technical […]

All Eyes On Trump Harris Debate

Sep 11, 2024 Jeremy Parkinson Finance, No picture 0

The nation’s attention will be fixed on televisions and laptops this evening as Donald Trump and Kamala Harris participate in what may be the only publicized debate between the two presidential candidates. With polls showing them in a tight race, and their contrasting styles, the debate promises to be a lively event.Each candidate presents a […]