October 2024 - Page 228 of 244 -

Labor Market Loosening Is In Its Infancy

Oct 03, 2024 Jeremy Parkinson Finance 0

Superficial relative improvement in layoffs and ADP’s September data risk upward revisions to August nonfarm payrolls, which will be reported Friday. We caution that questionable seasonal adjustments have exaggerated the strength in ADP’s headline. Moreover, cooling in job switcher wages versus job stayers fits with labor loosening that doesn’t end here. The accelerating bankruptcy cycle […]

MicroStrategy Weekly Upside Target

Oct 03, 2024 Jeremy Parkinson Finance 0

MicroStrategy (MSTR) is one of the top performing stocks in recent two years. In our previous article, we explained the impulsive structure taking place since 2022 low. In this article, we’ll take a look at the potential targets to the upside based on the Elliott Wave Theory.MSTR started is major bullish cycle in 2002. Since then, the stock is currently […]

GBP/USD Hammered Down To Over Two-week Low, Below Mid-1.3100s On Bailey’s Dovish Remarks

Oct 03, 2024 Jeremy Parkinson Finance, No picture 0

The GBP/USD pair continues losing ground for the third straight day – also marking the fourth day of a negative move in the previous four – and plummets to over a two-week low during the first half of the European session on Thursday. Spot prices currently trade below mid-1.3100s, down nearly 1.0% for the day, […]

AUD/JPY Inches Lower To Near 100.50 Due To Risk Aversion Sentiment

Oct 03, 2024 Jeremy Parkinson Finance, No picture 0

AUD/JPY trims its intraday gains, holding some gains around 100.50 during the European hours on Thursday. The risk-sensitive Australian Dollar (AUD) depreciates as the rising geopolitical tensions have dampened the risk appetite and undermined the AUD/JPY cross.The Israeli Broadcasting Authority (IBA) reported that Israel’s security cabinet has resolved to take decisive action in response to […]

Elliott Wave Technical Analysis: Polkadot Crypto Price News For Thursday, Oct 3

Oct 03, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UpsplashElliott Wave Analysis TradingLounge Daily ChartDOT/ U.S. dollar(DOTUSD)DOTUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: Double Correctiveposition: Wave ((Y))Direction Next higher Degrees: wave IVWave Cancel invalid level: Details: Wave IV is likely to be completed and price is likely to drop at 2.406DOT/ U.S. dollar(DOTUSD)Trading Strategy: Five wave retracement of wave (C) which we are in the […]

Gold Price Remains Depressed Amid Stronger USD, Lacks Follow-through Ahead Of US Data

Oct 03, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Gold price struggles to attract any meaningful buying amid sustained US Dollar strength. Reduced bets for a 50 bps Fed rate cut in November lifted the USD to a multi-week high. Geopolitical risks continue to act as a tailwind for the XAU/USD ahead of the US data. Gold price (XAU/USD) trades with a […]

Metal Markets Report For Wednesday, Oct 2

Oct 03, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:10:02More By This Author:Financial Markets Report For Wednesday, Oct 2Metal Markets Report For Tuesday, Oct 1Financial Markets Report For Tuesday, Oct 1

Bitcoin holds steady at $61K as whales buy despite geopolitical tension

Oct 03, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Bitcoin remains stable above $61,100 with significant whale buying activity. XRP’s value drops over 10% amid SEC’s appeal against a regulatory ruling. Share this article Bitcoin (BTC) has managed to maintain its position above $61,100 despite ongoing geopolitical tensions, while Ethereum (ETH) experienced a 4% drop to $2,390. The crypto market continues to […]

Why Is Japan’s Nikkei 225 Rising Today?

Oct 03, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Japan’s Nikkei 225 jumped 2.57%, driven by a weaker yen and policy signals. Hong Kong’s Hang Seng index fell 3.3% after a strong rally earlier this week. Regional markets also monitored global tensions and mixed economic data. Japan’s stock markets led most Asian indices higher on Thursday, as the country’s Nikkei 225 and […]

The Untold History Of Gold Rushes In The United States North Carolina Gold Rush (1799) Georgia Gold Rush (1828) California Gold Rush (1848) Pike’s Peak Gold Rush (1859) Comstock Lode (1859) Idaho Gold Rush (1862) Montana Gold Rush (1867) Black Hills Gold Rush (1874) Klondike Gold Rush (1896) Nome Gold Rush (1898) The Legacy of U.S. Gold Rushes

Oct 03, 2024 Jeremy Parkinson Finance 0

The discovery of gold in the United States profoundly shaped the nation’s economic and social development, especially during the 19th century. These gold rushes transformed regional economies, spurred massive population movements, led to the establishment of new towns, and influenced U.S. territorial expansion. While the California Gold Rush is the most famous, other significant gold discoveries across […]