September 2024 - Page 175 of 200 -

Elusive SPY Bounce

Sep 05, 2024 Jeremy Parkinson Finance 0

S&P 500 had a troubled day of retracement rejection – little wonder after poor JOLTs figure and Beige Book recognizing real economy (job market) challenges. NVDA though surprised with its statement that it‘s not being subpoenated (no dreaded antitrust for the chips leader), but that didn‘t help SMCI much, and AMD can‘t carry the Nasdaq […]

Paypal Holdings Inc. (PYPL) Stocks Elliott Wave Technical Analysis

Sep 05, 2024 Jeremy Parkinson Finance 0

PYPL Elliott Wave Analysis Trading Lounge Daily Chart,Paypal Holdings Inc., (PYPL) Daily Chart PYPL Elliott Wave Technical AnalysisFUNCTION: Trend MODE: Impulsive STRUCTURE: Motive POSITION: Wave 3 or C.DIRECTION: Upside in wave 3/C. DETAILS: We are looking at upside potential within wave 3 or C which needs to unfold in a five wave manner, and we seem to be standing within wave {iii}. Equality of 3 vs. 1 stands Trading Level 8 at 80$, which is often […]

Bybit reveals SOL-based liquid staking token bbSOL, partners with Solana dApps

Sep 05, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Bybit launches bbSOL, the first exchange-based Liquid Staking Token on Solana, bridging CEX and Web3 platforms. bbSOL offers staking rewards, liquidity benefits, and MEV opportunities to various participants in the Solana ecosystem. Share this article Bybit has launched bbSOL, a Liquid Staking Token (LST) on the Solana blockchain. According to the announcement, this […]

USD/JPY Analysis: Japanese Yen Rises On Safe-Haven Flows USD/JPY Technical Analysis and Expectations Today

Sep 05, 2024 Jeremy Parkinson Finance 0

The Japanese yen has risen to the brink of the 143.00-yen level against the US dollar, recovering sharply from its two-week low as weak US manufacturing data fuelled recession fears, boosting demand for safe-haven assets. Also, Investors adopted a cautious stance ahead of the crucial US jobs report, which could impact the magnitude of the […]

Dogecoin And Shiba Inu: Doge Is In A Sideways Consolidation

Sep 05, 2024 Jeremy Parkinson Finance 0

Dogecoin chart analysisThe price of Dogecoin stopped yesterday’s bullish rally at the 0.09950 level. The price formed a new lower high compared to the previous day. After that, a bearish consolidation was initiated, and there was a pullback to the 0.09600 support level. For now, we have support here and are recovering slightly to the […]

Disappointing US Data Followed By Better Japanese Wages And Stronger German Factory Orders Weigh On The Greenback

Sep 05, 2024 Jeremy Parkinson Finance, No picture 0

The one-two punch of the disappointing US job opening report and the downbeat Beige Book weighs on the US dollar, which is softer against all the G10 currencies. The Canadian dollar is a notable exception. Prime Minister Trudeau’s minority Liberal Party lost key support and the Bank of Canada affirmed expectations for more rate cuts. […]

SP500 & US500 Daily Trade Plan – Thursday, September 5

Sep 05, 2024 Jeremy Parkinson Finance, No picture 0

In this update we review the recent price action in the EMINI SP500 futures contract and identify a potential trade plan and price objectives for the trading session ahead.Video Length: 00:05:04More By This Author:Daily Market Outlook – Thursday, September 5 SP500 & US500 Daily Trade Plan Daily Market Outlook, Wednesday, September 4

Fed Beige Book Shows Flat Or Declining Economy In 9 Of 12 Fed Districts

Sep 05, 2024 Jeremy Parkinson Finance 0

The economy is cooling must faster than most recognize. The Fed’s Beige Book provides more evidence. The Beige Book is a summary of current economic conditions by the 12 Federal Reserve Districts.The report is produced ahead of FOMC meetings. The Fed’s next monetary policy meeting is on September 18. Overall Activity Economic activity grew slightly in three Districts, […]

Cocoa Commodity Elliott Wave Technical Analysis – Thursday, September 5

Sep 05, 2024 Jeremy Parkinson Finance 0

Cocoa prices have been consolidating within a range since mid-May 2024, fluctuating between the levels of $10,000 and $6,770. Despite some minor rebounds, the likelihood of cocoa breaking the $6,770 support level appears high. The commodity hit this low on August 7, followed by a small bounce. However, the broader correction, which began in April 2024 when cocoa peaked […]

Our CyberSecurity Stocks Portfolio Went Up 15% In August

Sep 05, 2024 Jeremy Parkinson Finance, No picture 0

An IntroductionWith cyber crime damage reported to possibly reach $10.29 trillion by next year sophisticated cyber security is crucial to protect networks, systems and other digital infrastructure from malicious cyber attacks. On the other hand, however, it is estimated that cyber security spending was only $188B in 2023 and, with research forecasting that corporate spending on cybersecurity should grow at […]