October 2024 - Page 67 of 244 -

The Bougie Broke Cut Back On Starbucks

Oct 24, 2024 Jeremy Parkinson Finance 0

In March, we wrote an article on the Bougie Broke. This consumer group spends above their means while sharing their purchases on social media. Importantly, these consumers shed some light on consumer confidence. Simply, it’s easier to be Bougie Broke and flaunt your purchases when you are more confident in your wages and job than when […]

Looking For A Rebound

Oct 24, 2024 Jeremy Parkinson Finance 0

It’s a mixed morning for US equities as Dow futures trade slightly lower, the S&P 500 is up 0.5%, and the Nasdaq looks like it will open up nearly 1%. Jobless claims were just released and initial claims came in about 15K lower than expected at 227K while continuing claims were modestly higher. European stocks are […]

Stop-Loss Run With Reason

Oct 24, 2024 Jeremy Parkinson Finance 0

S&P 500 didn‘t challenge Tuesday‘s highs, and wasn‘t bid up after the opening bell either. The lower border of recent range at 5,865 provided little in terms of support, and what I had been warning about at the beginning of the week (that should this level be broken, 5,815 comes fast), came true – on […]

Solana And Cardano: Cardano Drops To New Weekly Low

Oct 24, 2024 Jeremy Parkinson Finance 0

Solana chart analysisThe price of Solana rose to $175.00 on Thursday, October 24, a new weekly high. On Wednesday, October 23, we saw a break above the $170.00 resistance zone, after which a retest at that level was made this morning, followed by the initiation of a bullish consolidation. Solane stopped at the $175.00 level […]

GBP/USD Signal: Forecast As The Sterling Sell-Off Continues GBP/USD technical analysis

Oct 24, 2024 Jeremy Parkinson Finance 0

Bearish view Sell the GBP/USD pair and set a take-profit at 1.2740. Add a stop-loss at 1.3045. Timeline: 1-2 days. Bullish view Set a buy-stop at 1.2935 and a take-profit at 1.3045. Add a stop-loss at 1.2750. The GBP/USD pair retreated to a low of 1.2907, its lowest level since August 12. It has dropped […]

S&P 500: Stocks Rebound On Positive Earnings Amid US Election Uncertainty

Oct 24, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash US index futures rebounded sharply alongside European markets in early European trade. A slew of positive earnings surprises in Europe coupled with Tesla’s blowout results overnight helped to soothe investor sentiment following a sharp decline on Wednesday. Tesla stock was up 14% in pre-market. Chinese markets, however, once again remained subdued overnight a […]

GBP/CAD Price Forecast: Possibly Extending Higher In Rising Wedge Pattern

Oct 24, 2024 Jeremy Parkinson Finance 0

GBP/CAD is climbing higher within what could be a Rising Wedge price configuration. It is currently finding support at the 50-day SMA. A decisive break lower could signal substantial further weakness. GBP/CAD continues trading higher in what looks like a Rising Wedge pattern. Within the confines of the pattern’s borders the pair is finding support […]

Elliott Wave Technical Analysis: Tata Consumer Product

Oct 24, 2024 Jeremy Parkinson Finance 0

TATA CONSUMER PRODUCT – TATACONSUM (1D Chart) Elliott Wave Technical Analysis Function: Larger Degree Trend Higher (Intermediate degree, orange) Mode: Motive Structure: Impulse Position: Minor Wave 4 Details: Minor Wave 4 might have unfolded as a combination, terminating around the 1000 mark. If this is accurate, Minor Wave 5 should be underway shortly. Invalidation Point: 845 Elliott Wave Analyst: Harsh JapeeTATA Consumer Product […]

Tesla & AI Comments Lift Stocks, But…

Oct 24, 2024 Jeremy Parkinson Finance 0

Equity futures point to a mixed market open later this morning with the S&P 500 and Nasdaq being led higher in part by the pre-market surge in Tesla (TSLA) shares. Better than expected September quarter earnings are one factor in the shares moving higher but so is the company’s outlook for the current quarter. Tesla shared that […]

KKR Reports Stellar Third Quarter With Over 50% Growth In Adjusted Net Income

Oct 24, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash KKR & Co. Inc. has reported a robust performance for the third quarter of 2024, showcasing a return to a more normalized operating environment. The company saw its Adjusted Net Income (ANI) grow by over 50% year-over-year, accompanied by record Fee Related Earnings (FRE) and Total Operating Earnings (TOE). These results reflect high activity […]