October 2024 - Page 117 of 244 -

Asia Morning Bites For Friday, Oct 18

Oct 17, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Global Macro and Markets Global Markets: US Treasury yields headed higher in a curve-steepening move that may have had as much to do with the re-imposition of “Trump trades” than anything macro or Fed-related. That said, there was some solid US retail sales data to consider (see also below). https://think.ing.com/snaps/solid-us-spending-points-to-cautious-cuts/ 10Y yields rose 7.8bp […]

The List Of Bearish Technical Patterns In The Market Grows

Oct 17, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsToday was one of those mornings when I was having a peaceful sleep. My wife even let me sleep in late (7 AM), not waking me to help get the kids out the door. Of course, when I realized what time it was, I realized that Taiwan Semi had already released its results. After […]

2 Finance Stocks To Buy After Q3 Earnings: PGR & PNC

Oct 17, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsInsurance giant Progressive Corporation (PGR – Free Report) and banking leader PNC Financial Services Group (PNC – Free Report) are two top-rated finance stocks to consider after exceeding their Q3 top and bottom line expectations on Tuesday.Here’s a brief review of their Q3 reports and a look at why now is still a good time to buy Progressive shares which […]

Current Report: Verizon Communications

Oct 17, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayWireless services account for about 70% of Verizon Communications’ (VZ) total service revenue and nearly all of its operating income.The firm serves about 93 million postpaid and 21 million prepaid phone customers (following the acquisition of Tracfone) via its nationwide network, making it the largest US wireless carrier.Fixed-line telecom operations include local networks in […]

Financial Markets Report For Thursday, Oct 17

Oct 17, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, October 17.Video Length: 00:13:04More By This Author:Metal Markets Report For Wednesday, Oct 16Financial Markets Report For Wednesday, Oct 16Why Central Banks Are Slashing Interest Rates: What It Means For You?

Netflix, Intuitive Beat Q3 Earnings Easily

Oct 17, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashMarkets cooled off today, quickly dropping shortly after the opening bell this morning. In fact, the small-cap Russell 2000, which outshone the major indexes yesterday, fell into negative territory early and stayed there virtually all session. Among the four major indexes, it’s hard to get flatter than this: the Dow was up +162 points, […]

A Surge In US R&D Spending

Oct 17, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsFrom a conceptual point of view, the economics of research and development is the opposite of pollution. When a private party carries out an economic activity that leads to pollution, the private party gets the economic benefit, but the broader society bears the costs (in the jargon, a “negative externality”). However, when a private […]

Hang Seng Gap

Oct 17, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsWe are awfully close to that price gap on the Hang Seng Index. Will this be the end of the China sell-off?More By This Author:Index SignsShorting Dell: It’s All About The Price Gap Next Test For China

Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, Oct 17

Oct 17, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashThe markets continue to work through what I’m still looking at as minute 4th waves within an ongoing Minor 5th wave. I updated the labeling, reviewed the moves, and included updated Fibonacci levels. My expectations remain for the Minor 5th waves to in turn complete Intermediate 3rd waves and lead to a larger/ deeper […]

EUR/USD Continues To Slump After ECB Rate Cut

Oct 17, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay EUR/USD lost another one-third of one percent on Thursday. The ECB cut rates in-line with expectations, stripping support from underneath the Euro. US data blew the doors off market forecasts, further bolstering the Greenback. EUR/USD continues to backslide following the European Central Bank’s (ECB) quarter-point rate trim early Thursday. A lack of bullish […]