September 2024 - Page 171 of 200 -

A Puzzle: Private NFP And The Preliminary Benchmark Vs. Current Official [Updated]

Sep 05, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsThe puzzle remains: despite an under-consensus 99K addition to private ADP-Stanford NFP (far below consensus 144K). ADP cumulative change is above CES cumulative change, while the preliminary benchmark is below.The ADP survey cumulative increase in private NFP since 2023M03 is 3.2mn through August, more than the 2.8mn reported in the current official CES series through July.In […]

These Economic Indicators Point To Further Downside Risks, Despite Market Optimism

Sep 05, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayIn a recent interview on the Financial Sense Newshour, Chris Puplava, Chief Investment Officer at Financial Sense Wealth Management, provided a comprehensive analysis of current economic trends and their potential implications for the future. Puplava suggests that despite market optimism, several key indicators point to further economic trouble ahead, including potential risk of recession. Mixed […]

Previewing Q3 Earnings Season

Sep 05, 2024 Jeremy Parkinson Finance, No picture 0

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

Mixed Results Ahead Of AVGO Beat, Payrolls Friday

Sep 05, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashToday’s normal stock market trading session was mixed today, with a slight gain on the Nasdaq of +0.25% offset by a -0.30% drop in the S&P 500, -0.54% on the Dow and -0.61% on the small-cap Russell 2000. Things had looked more promising during the morning hours, but couldn’t hold onto gains across the […]

SPDR ETF Report For Thursday, Sept 5

Sep 05, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day that ended, Thursday, September 5.Video Length: 00:15:54More By This Author:Financial Markets Report For Wednesday, Sept 4 Metal Markets Report For Friday, Aug 30 SPDR ETF Report For Friday, Aug 30

Australian Dollar Adds Gains On RBA’s Hawkish Stance

Sep 05, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash AUD/USD gains on soft US data and RBA’s hawkish outlook. RBA Bullock reiterates hawkish stance, signaling no near-term rate cuts. Monetary policy diveargence favors the Aussie as US data softens and RBA remains hawkish. The AUD/USD pair traded in a tight range on Thursday but tallied daily gains after the USD was seen […]

Stocks And Precious Metals Charts – J’attendrai

Sep 05, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayThe markets are waiting to see the Non-Farm Payrolls number tomorrow.And so must we.With an eye on the horizon of geopolitical events.Have a pleasant evening.More By This Author:Stocks And Precious Metals Charts – Dying From Their Lack Of Humility Stocks And Precious Metals Charts – The Overreach Of Power And Privilege Stocks And Precious […]

Dow Jones ‘Bull Trap’ Expands Into Test Of 20-Day MA

Sep 05, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsThe index that had managed to break to new highs last week, the Dow Industrial Average, now finds itself pulling further away from its “Bull Trap” into a test of its 20-day MA. Selling volume was light, but there are new ‘sell’ triggers in the MACD and +DI/-DI to mark a shift in the […]

The Glaring Disconnect: Investors Pin Hopes On Miracles That May Never Materialize

Sep 05, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayMARKETSThe S&P 500 took another hit Thursday as a series of economic body blows stoked fresh recessionary worries, with jittery investors pulling back on risk and shelving bullish bets. Mixed employment data ahead of Friday’s August nonfarm payrolls report has only fueled concerns that we may be teetering on the edge of another growth […]

We Got More Signs Of A Weakening Economy – Here’s How To Play It

Sep 05, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashData-focused investors and traders sat down to some of the softest hiring growth data in nearly four years today… and they reacted accordingly, sending stocks mostly lower.Weak jobs data adds up to a weak consumer finance sector. At the same time, as the numbers get worse, we’re seeing some consumers tighten their belts, which […]