October 2024 - Page 226 of 244 -

Small Businesses Reducing Workers For The Last Five Months

Oct 03, 2024 Jeremy Parkinson Finance 0

ADP data shows small businesses with 1-49 workers have been reducing workers for five months. The ADP Employment Report shows the economy added 143,000 private jobs in September.Importantly, a breakdown of jobs by firm size shows small businesses have now shed jobs for five months. And for the first time this year, employers with 1-19 employees shed […]

Breaking, But Not Breaking

Oct 03, 2024 Jeremy Parkinson Finance 0

S&P 500 keepts in the tight range of late, well below the low 5,800s and above 5,735. Some of the bigger names are holding up, but having XLY and XLP go down by the same percentage amount yesterday, is food for thought. I can‘t chalk it all down to rotations – more seems to be […]

NextEra Energy Inc Stocks Elliott Wave Technical Analysis – Thursday, October 3

Oct 03, 2024 Jeremy Parkinson Finance 0

NEE Elliott Wave Analysis Trading LoungeNextEra Energy Inc., (NEE) Daily ChartNEE Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave 5.DIRECTION: Upside in {iii} of 5.DETAILS: We are looking at a potential upside target for wave 5 at 100$, as we are now trading above TraingLevel8 at 80$. NextEra Energy Inc., (NEE) 1H ChartNEE Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: […]

Sui, XRP Ledger, EigenLayer set to integrate Axelar’s new Mobius Development Stack

Oct 03, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Axelar’s Mobius Development Stack introduces customizable, self-service integration for web3 applications. The platform features integration with major L1 blockchains and advanced security from Babylon and EigenLayer. Share this article Axelar has officially launched the Mobius Development Stack (MDS), a platform designed to offer customizable, self-service interoperability across various blockchains, on its mainnet. Prominent […]

Jobless Claims: Not So Good As The Headline, But Not So Bad Either

Oct 03, 2024 Jeremy Parkinson Finance 0

Initial jobless claims will be up against some very challenging comparisons for the next 6 months or so, due to some unresolved post-COVID seasonality. Which means that the headline numbers this week, which look very benign at the surface, are not quite so good as they have been for the past year.For the week, initial […]

S&P 500: Stocks Ease Ahead Of US Jobs And Amid Raised Geopolitical Risks

Oct 03, 2024 Jeremy Parkinson Finance, No picture 0

After edging up a modest 0.5% last week, the S&P futures were holding weekly losses of around 0.8% at the time of writing on Thursday. In other words, the S&P was trading near a two-week low, albeit only a tiny bit below its record high hit last week. So, as things stand, we are far […]

Are Stocks Still Forming A Top?

Oct 03, 2024 Jeremy Parkinson Finance 0

Stocks continue their consolidation amid geopolitical uncertainty and mixed data.Stock prices were little changed on Wednesday, with the S&P 500 index closing 0.01% higher after rebounding from the daily low of 5,674. The market dipped below 5,700, slightly extending Tuesday’s decline of 0.9%. On Tuesday, I mentioned that the market “may see some more short-term uncertainty and a […]

OPEC+ Maintains Production Quotas. Mexican Peso Strengthens As New President Takes Office

Oct 03, 2024 Jeremy Parkinson Finance, No picture 0

At the end of Wednesday, the Dow Jones Index (US30) gained 0.09%, while the S&P 500 Index (US500) added 0.01%. NASDAQ Technology Index (US100) closed positive 0.08%. Increasing geopolitical risks dampened optimism over a possible interest rate cut in the US. Meanwhile, economic data showed stronger-than-expected employment growth, with 143,000 private sector jobs created in […]

CAC 40 (France) Index Elliott Wave Technical Analysis

Oct 03, 2024 Jeremy Parkinson Finance 0

CAC 40 (France) Elliott Wave Analysis Tradinglounge – Day ChartCAC 40 (France) Elliott Wave Technical AnalysisFUNCTION: Bullish Trend MODE: Impulsive STRUCTURE: Gray wave 3 POSITION: Orange wave 3DIRECTIONNEXT HIGHER DEGREES: Gray wave 3 (may have started) DETAILS: Gray wave 2 appears completed. Gray wave 3 of orange wave 3 is now in progress. Wave Cancel Invalid […]

Swift to pilot digital currency transactions in 2025

Oct 03, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Swift’s 2025 trials will integrate digital and traditional currencies on a global scale. Central and commercial banks will be able to use the Swift network to conduct trial transactions of digital currencies and assets, Share this article Swift announced today it will start piloting live digital asset and currency transactions on its network […]