October 2024 - Page 41 of 137 -

Newton’s First Law At Work Today

Oct 14, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels Last week, we asserted that traders were fitting their market narrative to the outcome that it desired. Today, on a day when the bond market is closed and banks have chosen not to release earnings on a federal holiday (though one when stock markets are open), there are fewer than usual outside forces that […]

The Gold Bull Still Has Legs: Yellow Metal Up 4.6 Percent In October

Oct 14, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The gold bulls kept running in September as gold set new record highs eight times and the price gained another 4.6 percent. And it appears this bull market has plenty of momentum left in it.As of Sept. 30, gold was up 26.5 percent in dollar terms on the year.According to World Gold Council analysis, […]

Diversify Your Portfolio With Gold And Silver

Oct 14, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash As we have watched the stock market’s meteoric rise over the past few months, you may not have noticed that gold and silver have been on their own fantastic voyage higher. Both metals have been running past all-time highs for several weeks now. Stocks, meanwhile, are pushing on multi-week highs. It has been […]

The EU’s Major Trade Partners In One Chart

Oct 14, 2024 Jeremy Parkinson Finance, No picture 0

With all 27 member states taken together, the EU would be the second-largest economy in the world in nominal terms, and third by purchasing power parity.So which countries does this massive market trade with, and what goods do they send and receive?This graphic visualizes the EU’s key trading partners by imports and exports, according to July […]

Jobless Claims Are About To Skyrocket

Oct 14, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels A big jump in jobless claims actually muddies the picture for the labor market. Meanwhile, consumer prices that many in the mainstream are claiming as sticky…are. But not for the reasons stated. We’re seeing “sticky” prices in the technical sense, and that’s not good.Video Length: 00:18:59More By This Author:India Is Plunging And It’s […]

Solana Reclaims $150: Is The Rally Back On?

Oct 14, 2024 Jeremy Parkinson Finance 0

Image Source: Pexels Solana climbed higher above the $140 resistance zone. SOL price is rising and might gain bullish momentum if it clears the $155 resistance. SOL price is attempting a fresh increase above the $142 pivot level against the US Dollar. The price is now trading above $148 and the 100-hourly simple moving average. There […]

Tether explores lending billions to commodity traders to shake up traditional trade finance

Oct 14, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Tether eyes commodity trade lending as smaller firms struggle to access traditional financing. USDT is already facilitating cross-border trade for Russian and Venezuelan exporters, underscoring stablecoins’ growing role. Share this article Tether Holdings, the issuer of the world’s largest stablecoin USDT, is exploring lending to commodities trading companies, according to a Bloomberg report.The […]

China QE Next? Caixin Reports Massive Bond Issuance Imminent

Oct 14, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Having disappointed the market with a lack of detail on its big stimulus , it appears Chinese authorities have resorted to the usual western practice of leaking details (strawmen) to the press in an effort to measure the market’s reaction function.As we detailed over the weekend, Saturday’s much-anticipated press conference by China’s Ministry of Finance, […]

Healthcare Sector Update: Life In The Slow Lane While We Wait For BIOTECH Bounce

Oct 14, 2024 Jeremy Parkinson Finance 0

depositphotos Technology stocks continue to outperform with fits of Momentum from generative AI theme. Healthcare sector lags despite moderate growth. Note bad news from CVS and Humana. Momentum plays exist with specific stocks where innovation becomes apparent. e.g.CorMedix. The market hit new highs last week led by technology and communication stocks as bull market […]

The Canadian Cannabis Report – Monday, Oct. 14

Oct 14, 2024 Jeremy Parkinson Finance, No picture 0

For the trading week ended October 11, 2024 my proprietary Canadian Cannabis Company Index MCCCI decreased by 2.0% compared to the prior week when it decreased by 2.0 %. The index consists of 14 stocks, many of which are among the most widely held holdings of the 3 ETFs (MJ, CNBS, and THCX) that I […]