September 2024 - Page 80 of 200 -

Dogecoin Forming First Golden Cross In 4 Years, Is A 3700% Rally To $3.8 Possible?

Sep 19, 2024 Jeremy Parkinson Finance 0

Photo by Executium on Unsplash Dogecoin could be gearing up for another major surge in price as the meme coin’s chart shows the formation of a major pattern. The Golden Cross pattern is a major bullish formation on a chart that usually precedes a notable rally for digital assets such as DOGE. Currently, the Dogecoin price is forming its […]

Play Solana unveils first-ever crypto gaming handheld

Sep 19, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Play Solana Gen1 is the first web3 gaming handheld on the Solana blockchain. Details about the PSG1 preorder announcement, scheduled for tomorrow at the Solana Breakpoint Conference in Singapore. Share this article The first handheld web3 gaming device built on the Solana blockchain, Play Solana Gen1 (PSG1), has been officially announced today. The […]

On Second Thought, ‘Insurance Cuts’ Seem Good For Stocks

Sep 19, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay MARKETSThe stock market finally rubbed the sleep from its eyes and sprang to life. What many expected as the immediate response to the Fed’s sharp half-point rate cut didn’t show up on Wednesday, but Thursday had other plans. The S&P 500 surged 1.7%, the Nasdaq Composite shot up 2.5%, and the Dow Jones […]

FedEx Crashes After Missing Across The Board, Cutting Guidance On “Weaker Demand Trends”

Sep 19, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unspash After the post rate-cut meltup sent stocks to record highs on Thursday – even though the S&P was actually flat during the cash session with all gains taking place during the Asian/European sessions… … the sweet taste of victory for the bulls was diluted moments ago when one of the most important logistic […]

Go 50 Or Go Home

Sep 19, 2024 Jeremy Parkinson Finance, No picture 0

↵Image Source: Pexels In this episode of Macro-To-Micro Power Hour from 09/18/24, Samantha LaDuc and Craig Shapiro discuss their perspectives on recent Federal Reserve actions, including a 50 basis point rate cut.They delve into the Fed’s communication strategy and its implications on market volatility, reflecting on the challenges of predicting market movements around Federal Open Market […]

The Top 10 Economies Where Manufacturing Is Most Important

Sep 19, 2024 Jeremy Parkinson Finance 0

For the world’s top 50 economies, the services sector is the largest contributor to the country’s gross domestic product (GDP).However, manufacturing still plays a significant role for many economies. Here we rank them by the contribution the sector makes to the country’s gross domestic product (GDP). Data is sourced from the World Bank, as of 2023. Ranked: Top […]

European ETF Flow Insights – August 2024

Sep 19, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay August 2024 was another month with strong estimated net inflows (+€19.9 bn) for the European ETF industry. These flows were way above the rolling 12-month average (€17.0 bn) and confirmed the strong fund flows trend for the European ETF industry, which may lead to a new all-time high for estimated net inflows. If […]

Fiscal Dominance Takes Center Stage

Sep 19, 2024 Jeremy Parkinson Finance 0

Image source: Pixabay In a recent interview with FS Insider, Lyn Alden, founder of Lyn Alden Investment Strategy and author of the highly acclaimed book Broken Money, delved into the pressing issue of fiscal dominance and its profound impact on monetary policy effectiveness. As the markets now assess the implications of a 50-basis point cut by the Federal Reserve—the […]

Dow Surges Over 500 Points For Record Close

Sep 19, 2024 Jeremy Parkinson Finance 0

The Dow and S&P 500 broke records once again today, with the former settling above 42,000 for the first time with a 522-point pop, while the latter conquered the 5,700 level. The Nasdaq scored an impressive 460-point gain of its own, closing at its highest level since July as tech stocks rallied. Today’s gains came after the initial shock around […]

Tesla Gap Nearly Sealed

Sep 19, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels Just last month, Tesla (TSLA) was a $182 stock. Since then, it has resolutely climbed. Along the way, I’ve been emphasizing the price target at just above $245, where that major price gap is.I’ve had a vested interest in this, since one of my kids had a bunch of options (which expire TODAY!) whose exit I was seeking […]