October 2024 - Page 4 of 130 -

Hang Seng Gap

Oct 17, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsWe are awfully close to that price gap on the Hang Seng Index. Will this be the end of the China sell-off?More By This Author:Index SignsShorting Dell: It’s All About The Price Gap Next Test For China

Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, Oct 17

Oct 17, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashThe markets continue to work through what I’m still looking at as minute 4th waves within an ongoing Minor 5th wave. I updated the labeling, reviewed the moves, and included updated Fibonacci levels. My expectations remain for the Minor 5th waves to in turn complete Intermediate 3rd waves and lead to a larger/ deeper […]

EUR/USD Continues To Slump After ECB Rate Cut

Oct 17, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay EUR/USD lost another one-third of one percent on Thursday. The ECB cut rates in-line with expectations, stripping support from underneath the Euro. US data blew the doors off market forecasts, further bolstering the Greenback. EUR/USD continues to backslide following the European Central Bank’s (ECB) quarter-point rate trim early Thursday. A lack of bullish […]

Netflix Stock Jumps After Beating Across The Board, Adding 5 Million New Subs

Oct 17, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Lots of eyes into NFLX earnings tonight, not only because it is the first “tech” company reporting, but because its stock has underperformed as of late post a big run YTD. According to Goldman, investors are looking for ~6mn subs in quarter, upside to FY FCF guide of ~6bn and then a revenue guide […]

TSMC May Pose A Long-term Threat To U.S.: Here’s Why

Oct 17, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) confirmed that artificial intelligence is far from being a bubble as it reported strong third-quarter earnings and raised its revenue outlook for the full year.The company continues to leverage its dominant position in global chip production, maintaining resilience even as peers like ASML warn of weakening demand.While TSMC’s […]

Moo Deng tops list as normies’ favorite meme coin in street survey

Oct 17, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Moo Deng is the most popular meme coin among non-expert crypto participants. Bitcoin’s stability has helped foster a thriving market for meme coins. Share this article Rasmr, a well-known crypto Twitter KOL, recently conducted a survey asking normies—people not deeply involved in crypto or meme coins—which meme coin was their favorite. Since meme coins […]

Solid U.S. Spending Points To Cautious Cuts

Oct 17, 2024 Jeremy Parkinson Finance, No picture 0

Consumers may be feeling less confident on the economic outlook amidst job worries, but for now are happy to continue spending. Financial pressures are building for many households, but strength in consumption from those at the top of the income spectrum is more than offsetting that story. This suggests the Fed will tread carefully with […]

Sam Altman’s WLD token falls 10% following Worldcoin rebrand

Oct 17, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Worldcoin rebrands to ‘World’, token falls by 10%. New World ID 3.0 introduced with advanced privacy features. Share this article Worldcoin, co-founded by Sam Altman, has officially rebranded its network to World in an ambitious move unveiled during a major event held in San Francisco earlier today. Altman and co-founder Alex Blania outlined the […]

Liquidity Drain Threatens To Disrupt Markets In 2025

Oct 17, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay When today’s guest was on this channel back in March, he explained that rising net liquidity was responsible for the surprisingly strong performance seen in both the economy & the financial markets over the past 2 years.And he predicted that these net liquidity inflows would continue, leading to even higher asset prices ahead.Well, […]

Dollar Alternatives Will Be Top Of BRICS Summit Agenda

Oct 17, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash U.S. dollar – we’re coming for you!That’s the message ahead of the upcoming BRICS summit set to kick off in Kazan, Russia, next week.The Russian finance ministry and the Central Bank of Russia distributed a document to the media ahead of the meeting outlining topics on the agenda. On top of the list […]