October 2024 - Page 68 of 140 -

Silver’s Potential Amid Economic Shifts

Oct 10, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay In this week’s Money Metals Midweek Memo, host Mike Maharrey provides insightful commentary on the state of precious metals, the economy, and the importance of sound money in times of uncertainty. As a hurricane threatens his Florida home, Mike emphasizes the critical need for physical money during natural disasters when power and internet access […]

Stocks And Precious Metals Charts – A Minsky Moment

Oct 10, 2024 Jeremy Parkinson Finance 0

Stocks wobbled but did not fold today, posting a small loss.Gold and silver rallied strongly from a short term oversold condition. Gold bounced off its 50% Fibonacci retracement for this recent chart movement.Let’s see if they can continue to build on this, or if they will go back down to retest support.VIX wallowed.Something wicked this way […]

Traders Much Less Enthusiastic Now Versus 2021

Oct 10, 2024 Jeremy Parkinson Finance 0

This week we got an update from the Schwab Trading Activity Index, also called the STAX. We initially covered this data in Tuesday’s Closer for subscribers, but we also wanted to highlight it here on Think BIG. Whereas most investor sentiment readings like the AAII survey directly ask investors how they feel about the market, indicators like the STAX are […]

Mainstream Financial Plan: Double Or Nothin’

Oct 10, 2024 Jeremy Parkinson Finance 0

This morning, US data showed a larger-than-expected increase in people applying for jobless benefits—258k for the week of October 5, versus 230k expected—a 14-month high.There was also a .2% month-over-month increase in headline CPI, double the .1% expected by the consensus. Fewer jobs and a higher cost of living remain an increasing challenge for households […]

Here’s What Experts Are Saying About These Banks Ahead Of Earnings

Oct 10, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels JPMorgan (JPM) and Wells Fargo (WFC) are scheduled to announce quarterly results on October 11. What to watch for: MOST SIGNIFICANT DISCOUNT: On Tuesday, Wolfe Research upgraded Wells Fargo to Outperform from Peer Perform with a $65 price target. While the firm sees downside to consensus across its rate-sensitive bank coverage and says Wells Fargo is no exception, […]

Bitcoin Investors Accumulate Almost $1 Billion In BTC As Exchange Reserves Falls Towards New Lows

Oct 10, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Although the Bitcoin price faces challenges in breaking out significantly from its support level of $60,000, recent on-chain data reveals a fascinating shift in sentiment among Bitcoin enthusiasts. Despite the ongoing price corrections, it appears that long-term holders remain undeterred. In fact, about 15,917 BTC, valued at approximately $987 million, has been withdrawn from various cryptocurrency exchanges […]

Amazon Stock Outlook: Resistance At $186; Eyes $20B+ Savings

Oct 10, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Amazon: $20B+ Cost Cuts, $186 Stock Hurdle Amazon (Nasdaq: AMZN) might reduce its costs dramatically by deploying autonomous electric vehicles (EVs) for middle- and last-mile deliveries, reports JMP Securities. This development could significantly impact the Amazon stock outlook. The investment firm approximates that these technological improvements could save the e-commerce giant more than […]

CrowdStrike Expands Reach In $3.52B Revenue Push With Plurilock Partnership

Oct 10, 2024 Jeremy Parkinson Finance 0

Image courtesy of 123rf.com CrowdStrike Holdings, Inc. (Nasdaq: CRWD) and Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) announced a strategic partnership on Thursday, aimed at bolstering cybersecurity for critical infrastructure in democratic nations. The collaboration, which leverages both companies’ expertise in AI and cybersecurity, comes as CrowdStrike’s stock shows strong market performance, reflecting growing investor confidence in […]

Charted: S&P 500 Vs. S&P 500 Equal Weight Index

Oct 10, 2024 Jeremy Parkinson Finance 0

In this graphic, we compare the performance of the S&P 500 and the S&P 500 Equal Weight Index (EWI) since Sept. 2019.The regular S&P 500 is a market-cap weighted index, which means that its constituents are weighted by their market capitalization. As a result, larger companies like Apple, Nvidia, and Microsoft make up a bigger portion of the index.The S&P 500 […]

Aethir sets up $100M fund for AI and gaming advancements

Oct 10, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Aethir Catalyst includes a $20 million grant program to support tech startups. The fund will issue 336 million ATH tokens to aid AI and gaming projects. Share this article Aethir, a decentralized GPU cloud computing company, has announced the launch of the Aethir Catalyst, a $100 million investment fund aimed at accelerating the […]