October 2024 - Page 14 of 244 -

Silver To Soar – Not Like Miners

Oct 30, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Silver tends to outperform gold in the final parts of its rally, which means that it might be about to soar.Gold price just moved above $2,800 but both: silver and mining stocks are down – the latter much more visibly. This kind of price action is usually caused by geopolitical turmoil, and this […]

Quarterly Trading Report – Q3 2024: The Big Rotation And The Big Cut

Oct 30, 2024 Jeremy Parkinson Finance 0

Image Source: Pexels U.S. equity-market leadership reversed course during the third quarter of 2024, with small cap stocks outperforming their large cap counterparts and the value factor beating the growth factor. This marked a significant change from the first two quarters of the year, when market returns were far and away dominated by U.S. large cap […]

Real GDP For Q3 Nicely Positive, But Long Leading Components Mediocre To Negative

Oct 30, 2024 Jeremy Parkinson Finance 0

As usual, I’ll take a quick look at this morning’s headline GDP numbers for Q3 before passing on to my more important focus on the release’s leading components. Real GDP grew at a 2.8% annualized rate in Q3. Just like Q2, this is a perfectly good number in line with the past three years: Stripping out inventories […]

What’s The Right Amount To Bet At A Casino?

Oct 30, 2024 Jeremy Parkinson Finance 0

During the financial mania of 1634 to 1637, people bid up the price of tulip bulbs. At peak craziness, a “Semper Augustus” bulb sold for the equivalent value of a $14,000,000 mansion on the Amsterdam Grand Canal today. Then the fever broke, dragging bulbs and participants’ net worth back into the dirt.Today’s financial mania has […]

Mag 7 Fundamentals Are Stellar – But Valuations Are Stretched

Oct 30, 2024 Jeremy Parkinson Finance 0

In analyzing the markets we must always keep in mind that the Mag 7 make up approximately 30% of the market capitalization of the S&P 500. As a result, so go the Mag 7, so goes the major market indexes. And the QQQ – which is dominated by the Mag 7 and is the most […]

S&P 500 Earnings Dashboard 24Q3 – Wednesday, Oct. 30

Oct 30, 2024 Jeremy Parkinson Finance, No picture 0

↵Image Source: Unsplash S&P 500 Aggregate Estimates and Revisions 24Q3 Y/Y earnings are expected to be 6.0%. Excluding the energy sector, the Y/Y earnings estimate is 8.7%. Of the 257 companies in the S&P 500 that have reported earnings to date for 24Q3, 77.4% reported above analyst expectations. This compares to a long-term average of 66.9%. The 24Q3 Y/Y blended revenue growth estimate is 4.5%. If the energy sector is […]

Reflections On Investing : Stocks And Wealth Creation

Oct 30, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash A majority of stocks destroy wealth. In fact, most all of the wealth creation from stocks is attributable to only a handful companies.Video Length: 00:08:42More By This Author:Reflections On Investing: The Equity Risk Premium Investor Memo Q3 2024: Walking The Tightrope From Earnings To Prices – P/E Mulitples

UK Bond Yields Spike As Budget Boosts Borrowing

Oct 30, 2024 Jeremy Parkinson Finance 0

Financial markets have been on a wild ride since the announcement of the UK’s latest budget. Big tax rises are coming, but not as quickly as big spending increases. And the prospect of higher growth has led investors to curtail expectations for Bank of England rate cuts.Photo by Colin Watts on Unsplash Markets initially liked the tax hikes, […]

Bitcoin And Ethereum: Analysing The Market’s Next Move

Oct 30, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Overall Analysis Bitcoin continues making higher highs and higher lows on the 29th Oct trading session, missing all-time highs just by 400 points. Ethereum continues its rally towards the upside, price took a pause from higher levels and closed sideways. Bitcoin Chart Analysis BTC/USD 15-Minute Chart (Source: TradingView) On the 29th Oct 2024 trading […]

Grains Report – Wednesday, Oct. 30

Oct 30, 2024 Jeremy Parkinson Finance 0

WHEAT General Comments: The markets were higher yesterday despite forecasts for very beneficial rains for the Great Plains and Midwest. The rains will allow Wheat farmers to plant the Winter crops. The US Dollar held higher. At least two Wheat producing regions in Russia have declared a state of emergency for Wheat producers due to […]