October 2024 - Page 171 of 244 -

Global Real Estate Bubble Risk In 2024

Oct 10, 2024 Jeremy Parkinson Finance 0

In many major cities, real home prices have declined as high interest rates are dampening demand.Simultaneously, property markets are slowing due to tough financing conditions and rising construction costs. As a result, housing bubble risks have eased in cities like Hong Kong, London, and New York. However, strong demand in the luxury market and a […]

CPI And CPI Core Surprise On Upside

Oct 10, 2024 Jeremy Parkinson Finance 0

CPI m/m at 0.1% vs. 0.1% consensus (Core 0.3% vs. 0.2% consensus). Here are snapshots of instantaneous inflation rates for September headline, core, supercore, and services supercore CPI, headline and core PPI and HICP and headline and core PCE deflator for August. Figure 1: Instantaneous inflation for CPI (bold blue), PCE deflator (green), PCE deflator – […]

Why Basic Materials Are The Smart Move Right Now

Oct 10, 2024 Jeremy Parkinson Finance, No picture 0

↵Image Source: Unsplash Today’s CPI report came in a little higher than expected, which was enough to spook the bulls – and remind everyone that inflation is still a force for traders to reckon with. We’ll be reckoning with it again tomorrow morning when PPI is released ahead of the cash open.So long as inflation is […]

Silver’s Potential Amid Economic Shifts

Oct 10, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay In this week’s Money Metals Midweek Memo, host Mike Maharrey provides insightful commentary on the state of precious metals, the economy, and the importance of sound money in times of uncertainty. As a hurricane threatens his Florida home, Mike emphasizes the critical need for physical money during natural disasters when power and internet access […]

Stocks And Precious Metals Charts – A Minsky Moment

Oct 10, 2024 Jeremy Parkinson Finance 0

Stocks wobbled but did not fold today, posting a small loss.Gold and silver rallied strongly from a short term oversold condition. Gold bounced off its 50% Fibonacci retracement for this recent chart movement.Let’s see if they can continue to build on this, or if they will go back down to retest support.VIX wallowed.Something wicked this way […]

Traders Much Less Enthusiastic Now Versus 2021

Oct 10, 2024 Jeremy Parkinson Finance 0

This week we got an update from the Schwab Trading Activity Index, also called the STAX. We initially covered this data in Tuesday’s Closer for subscribers, but we also wanted to highlight it here on Think BIG. Whereas most investor sentiment readings like the AAII survey directly ask investors how they feel about the market, indicators like the STAX are […]

Mainstream Financial Plan: Double Or Nothin’

Oct 10, 2024 Jeremy Parkinson Finance 0

This morning, US data showed a larger-than-expected increase in people applying for jobless benefits—258k for the week of October 5, versus 230k expected—a 14-month high.There was also a .2% month-over-month increase in headline CPI, double the .1% expected by the consensus. Fewer jobs and a higher cost of living remain an increasing challenge for households […]

Here’s What Experts Are Saying About These Banks Ahead Of Earnings

Oct 10, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels JPMorgan (JPM) and Wells Fargo (WFC) are scheduled to announce quarterly results on October 11. What to watch for: MOST SIGNIFICANT DISCOUNT: On Tuesday, Wolfe Research upgraded Wells Fargo to Outperform from Peer Perform with a $65 price target. While the firm sees downside to consensus across its rate-sensitive bank coverage and says Wells Fargo is no exception, […]

Bitcoin Investors Accumulate Almost $1 Billion In BTC As Exchange Reserves Falls Towards New Lows

Oct 10, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Although the Bitcoin price faces challenges in breaking out significantly from its support level of $60,000, recent on-chain data reveals a fascinating shift in sentiment among Bitcoin enthusiasts. Despite the ongoing price corrections, it appears that long-term holders remain undeterred. In fact, about 15,917 BTC, valued at approximately $987 million, has been withdrawn from various cryptocurrency exchanges […]

Amazon Stock Outlook: Resistance At $186; Eyes $20B+ Savings

Oct 10, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Amazon: $20B+ Cost Cuts, $186 Stock Hurdle Amazon (Nasdaq: AMZN) might reduce its costs dramatically by deploying autonomous electric vehicles (EVs) for middle- and last-mile deliveries, reports JMP Securities. This development could significantly impact the Amazon stock outlook. The investment firm approximates that these technological improvements could save the e-commerce giant more than […]