October 2024 - Page 230 of 244 -

Ripple may file a cross-appeal to challenge SEC’s legal move

Oct 02, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Ripple faces a $125 million fine, significantly less than the SEC’s initial $2 billion claim. Ripple may challenge the classification of XRP sales or the fine amount in a potential cross-appeal. Share this article Ripple is considering filing a cross-appeal in response to the SEC’s appeal against the court’s judgment on August 7, […]

Stocks Finish Flat As The Bears Take The Day Off

Oct 02, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsStocks finished little changed on Wednesday, ahead of ISM services data tomorrow and, of course, the employment report on Friday. The VIX—1Day closed today around 14, and given the importance of the job report on Friday, I would be shocked if it doesn’t climb to 20 or higher tomorrow.Whether the market sells off tomorrow […]

GDPNow Nowcast Dips On Weak ISM And Construction Spending

Oct 02, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsThe GDPNow nowcast fell 0.6 percentage points to 2.5 percent on weaker than expected economic reports.GDPNow data from the Atlanta Fed, chart by MishThe Atlanta Fed updated its GDPNow Nowcast on October 1. Here is a recxap. The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2024 is […]

Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Oct 2

Oct 02, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashTonight, I continue to update both counts that I’m running side by side with each other. I lay out several possible paths and to which count it would be applied. However, having said that I also need to include that it will likely the balance of the week to get our answers as to […]

Today Was Quiet… But Trading’s About To Get Good

Oct 02, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashThe S&P 500 has been practically asleep, but I’m looking for volatility to pick up in a big way – starting with everyone’s favorite retail stocks.This is what you need to know…Video Length: 00:12:00More By This Author:Geopolitical Tensions Rise As Stocks Teeter Near HighsA Tumultuous Quarter Ends At New HighsAnother Inflationary Match Lit

Silver Price Forecast: XAG/USD Rebounds And Reclaims $31.50

Oct 02, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Silver rises 0.39%, trading at $31.82 as buyers push prices above the opening level, reclaiming $31.50. RSI hints at consolidation ahead, with a break above $32.30 needed to challenge the YTD high of $32.71. A fall below $31.00 could lead to a deeper pullback, with key support levels at $30.50 and the 100-DMA […]

EUR/USD Extends Declines In Wide-Market Greenback Rebound

Oct 02, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay EUR/USD declined for a fourth straight day on Wednesday. Market sentiment keeps one foot in safe havens amid geopolitical uncertainty. Upbeat US jobs data limits hopes for further overweighted Fed rate cuts. EUR/USD trimmed further into the bearish side on Wednesday, dragging Fiber bids further into the low end as markets grapple with an […]

Stocks And Precious Metals Charts – Perception Management Is Everything

Oct 02, 2024 Jeremy Parkinson Finance 0

Stocks were slumping today, but managed to gather themselves and push higher into the close.Gold and silver are holding their own, even as the Dollar moved higher.Non-Farm Payroll report coming at the end of this week.Have a pleasant evening. More By This Author:Stocks And Precious Metals Charts – Back Into Reality Stocks And Precious Metals […]

SEC files appeal in Ripple case, putting XRP ETF on hold

Oct 02, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways The SEC’s appeal in the Ripple case has halted the progress of the Bitwise XRP ETF. Ripple’s ability to trade XRP as a non-security is challenged again with the SEC’s legal move. Share this article The SEC has officially filed a Notice of Appeal in its legal battle against Ripple Labs and its […]

Natural Gas Elliott Wave Technical Analysis

Oct 02, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Natural Gas Elliott Wave AnalysisNatural Gas is recovering fast from the low in late August. The commodity is near the highs of June & January 2024 and the late October 2023 high and will most likely hit or breach these highs in the coming weeks. However, this bullish run from October 2023 is part of […]