September 2024 - Page 33 of 200 -

Stocks Fall But Feel Stuck…For The Moment

Sep 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashDespite the S&P 500 closing flat today, it was a reasonably weak session overall. Within the index, only 132 stocks advanced, while 368 declined. The Bloomberg 500 indicates that the “Troubling Three” stocks did all the heavy lifting today.(BLOOMBERG)Despite the S&P 500 Equal Weight Index declining by approximately 70 basis points today and the […]

Russell 2000 Morphs Into Double Top

Sep 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsThe Russell 2000 had created a resistance break in the move back to the July spike high, but today’s loss ended that, opening up the possibility for a double top. Confirmation won’t come until there is a loss of $205, and technicals are net bullish. There is also price support in the nearby 20-day […]

Stocks And Precious Metals Charts – Rustling Leaves, Whispers On The Lips Of The Dead

Sep 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashStocks turned in a very mixed performance today, with the broader market showing the greatest weakness, and the heart of the bubble, the tech stocks, showing more resilience.The Dollar took back the 50 cents it gave up yesterday. Gold was unchanged. Silver gave up some ground back to the 32 handle.VIX wallows.War fever continues to […]

Harris vows to keep US ‘dominant’ in blockchain and AI technologies

Sep 25, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Kamala Harris advocates for US leadership in blockchain to shape the future economy. Harris’s economic plan includes a strong emphasis on digital assets and AI. Share this article Vice President Kamala Harris pledged that under her leadership, the United States would “recommit” to global dominance in emerging technologies such as blockchain, AI, and […]

GBP/USD Sheds 1.34 Amid Greenback Rebound

Sep 25, 2024 Jeremy Parkinson Finance 0

Photo by Colin Watts on Unsplash GBP/USD turned bearish and dropped back below 1.34 on Wednesday. Markets pared back their recent tilt into a Pound Sterling bull run. The US Dollar recovered ground as investors weigh the state of the US economy. GBP/USD struck an abnormally nearish tone on Wednesday, plunging back below the 1.3400 handle amid a […]

Gold Price Retains $2,650 Amid Climbing US Yields, Strong USD

Sep 25, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Gold price steadied at $2,660 after hitting a record high of $2,670. Traders assign a 60% chance for another 50 bps of Fed rate cuts in November. US Treasury yields and a stronger US Dollar limited Gold’s upside despite bullish momentum. Gold price remains steadily above $2,650 for the second straight session on […]

Thai Stock: Amata Corporation

Sep 25, 2024 Jeremy Parkinson Finance 0

Company: Amata Corporation Public Company LimitedBloomberg ticker: AMATA TBMarket cap: US$857mBackground: Amata Corporation Public Company Limited is a Thai industrial estate provider that hosts over 1,000 factories in two locations in Thailand three in Vietnam, one in Laos, and one development in Myanmar. Global clients from the automotive, healthcare, and food and beverages industries are present among AMATA’s clients. […]

Watch The Housing Bust Play Out In Real-Time

Sep 25, 2024 Jeremy Parkinson Finance 0

Most asset classes have their own unique, repeating cycles. For housing, it usually looks like this:Demand for homes rises faster than sales, causing prices to increase. Seeing this, would-be sellers hold off to see how much more they can get a year or two hence. Would-be buyers note the rising prices and shrinking supply and […]

Government Debt Projections For G7 Countries (2024-2029F)

Sep 25, 2024 Jeremy Parkinson Finance 0

On Sept. 18, 2024, the U.S. Federal Reserve reduced its benchmark interest rate by half a percentage point to a range of 4.75% to 5%. This move is expected to decrease short-term borrowing costs, including those for U.S. government debt.When the Fed lowers the federal funds rate, it generally leads to lower rates on Treasury bills and […]

Could NextEra Energy Partners’ 13.5% Yield Actually Be Safe?

Sep 25, 2024 Jeremy Parkinson Finance 0

Shares of NextEra Energy Partners (NYSE: NEP) came under a ton of pressure last September when the company said it would slow its annual distribution growth from an expected 12% to 15% per year to around 6%.Skeptics, including many Wall Street analysts, started yelping that the company was going to cut its distribution. (A distribution is essentially […]