October 2024 - Page 241 of 244 -

Biotech Stocks : Are You A Trader Or A Longer Term Investor?

Oct 01, 2024 Jeremy Parkinson Finance 0

Image Source: Unsplash BIOTECH SMID Trading List Tracking ETFs: ARGX, IBB, and XBI performance are indicative of “risk-off /on” momentum. Biotech Bull market is intact as indicated by large cap biopharma and best performing Funds: FBIOX, JFNAX and PRHSX. Biotech stocks can rally from here if SMID stocks can move ahead with fresh funding and more M&A. If you have […]

Bitcoin’s Uptober Potential: Another Rally In The Cards?

Oct 01, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Except for 2022, the month of October since 2020 has seen Bitcoin’s price swing up over 27% from the beginning to the end of the month. Over the last 10 years, Bitcoin gained just over 21% on average in October, earning its moniker Uptober. November typically follows with even greater average gains of […]

Four Stocks To Watch This Week – Tuesday, Oct. 01

Oct 01, 2024 Jeremy Parkinson Finance 0

WiseTraders Weekly Watchlist: October 01, 2024 – October 04, 2024 A flat week that was anticipated, one notable event was China’s stimulus package announcement, which sent China-related stocks soaring. Most of these stocks surged without prior consolidations or warning signs. This week, we anticipate some retracement, likely a temporary pullback. Further upside may follow, potentially as the upcoming […]

Softs Report – Tuesday, Oct. 1

Oct 01, 2024 Jeremy Parkinson Finance, No picture 0

COTTON General Comments: Cotton was higher yesterday as continued stressful weather was seen in the south. There are still ideas of weaker demand potential against an outlook for improved US production in the coming year. There have been demand concerns about Bangladesh and China and ideas are that production is strong enough. However, Chinese demand […]

Eurozone Inflation Falls Below Target As The ECB Mulls Faster Easing

Oct 01, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay The ECB knew that this inflation print would come in weak as President Christine Lagarde mentioned at the September press conference but it still came in a tad weaker than most analysts had expected. While a bounce back in the fourth quarter has been expected, the question is to what extent this can materialise as petrol […]

Silver Records Historic Quarterly Close, Gold Hits Major Resistance

Oct 01, 2024 Jeremy Parkinson Finance 0

This week, we’ll look at gold and silver and see that each are at some very interesting inflection points. Starting with silver, we see that it has just closed the quarter at $31.14, its highest close in 12 years and its 5tth highest quarterly close of all time! Silver is up about 65% off its quarterly low […]

Pinduoduo – Major Chinese Turnaround Play

Oct 01, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Summary Pinduoduo shows strong technical indicators: 8% buy signals, 24.14+ Weighted Alpha, 37.83% annual gain, and a Trend Seeker buy signal since 9/27.. PDD Holdings, based in Dublin, operates Pinduoduo and Temu, focusing on digital economy integration with a market cap of $186 billion and a P/E of 13.94. Wall Street analysts are […]

Market Volatility Rises Amid Geopolitical Tensions, Economic Data, And Labor Strikes

Oct 01, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The market is clearly grappling with a range of challenges, from escalating geopolitical risks to labor strikes and mixed economic data. The news of potential conflict between Iran and Israel is adding a significant layer of uncertainty, causing investors to shift towards safer assets like the US dollar, which strengthened as a result. […]

More Pain Paying For Produce And Other Essentials. The Corn And Ethanol Report

Oct 01, 2024 Jeremy Parkinson Finance 0

We kicked off the month with Redbook YoY at 7;55 A.M., S&P Global Manufacturing PMI Final at 8:45 A.M., ISM Manufacturing PMI, JOLT’s Job Openings, ISM Manufacturing Employment, Construction Spending MoM, ISM Manufacturing New Orders, ISM Manufacturing Prices, and JOLT’s Job Quits at 9:00 A.M., Dallas Fed Services Index and Dallas Fed Services Revenues Index at […]

Diddy hires Sam Bankman-Fried’s lawyer in bid for bail ahead of sex trafficking trial

Oct 01, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Diddy has hired Alexandra Shapiro, who also represents Sam Bankman-Fried, for his bail appeal. The judge denied Combs’ $50 million bond, citing public safety concerns. Share this article Sean “Diddy” Combs has hired Alexandra Shapiro, a prominent white-collar appellate lawyer, in his bid to secure bail after being denied release in a Brooklyn […]