October 2024 - Page 7 of 244 -

Slide Was To Come, Told You So

Oct 31, 2024 Jeremy Parkinson Finance 0

And it just may not be over, or is it? S&P 500 was lifted by earlier GOOGL earnings, AMD underwhelmed on cash flow generation, and I was bearish given the high expectations and valuations of MSFT and META. That‘s similar to my last week‘s warnings regarding XLI, XLRE and ITB.Correct bearish positioning brought immense gains for clients, […]

U.S. Dollar Faces New Challenges Amid BRICS Push For De-Dollarization

Oct 31, 2024 Jeremy Parkinson Finance 0

Image Source: Pexels In the latest Money Metals Midweek Memo podcast, host Mike Maharrey analyzed recent developments in global currency and trade dynamics, particularly as they relate to BRICS countries’ increasing moves toward de-dollarization.From symbolic events to hard-hitting economic discussions, Maharrey covered the potential implications for the U.S. dollar as the world’s reserve currency and examined how central […]

EUR/USD Monthly Forecast: November 2024

Oct 31, 2024 Jeremy Parkinson Finance 0

During the month of October, we have seen the euro fall hard against the US dollar. mainly due to the fact that interest rates in the United States continue to climb. With this being the case, the market is likely to continue to pay close attention to that bond market, but November has a little […]

Will Halloween Fear Bring November Cheer For Bondholders?

Oct 31, 2024 Jeremy Parkinson Finance 0

The last two Halloweens capped off a few frightful months for bondholders. However, as we share below, 10-year bond yields reversed course on Halloween in 2022 and 2023. Will 2024’s harrowing October for bondholders end with Halloween’s ghosts and goblins? Accordingly, will November be better for bonds as it has been for the last two […]

Bitcoin Consolidates Near ATH – Volume Suggests A Big Move Ahead

Oct 31, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Upsplash Bitcoin has been trading in a tight 4-hour range between $71,300 and $73,300 since Tuesday, setting the stage for a significant move in the coming days. Analysts and investors closely watch this range as BTC inches closer to its all-time high (ATH). Top analyst Axel Adler recently shared key data from CryptoQuant, noting […]

TRON DAO adopts Chainlink Data Feeds to strengthen DeFi security, accelerate TRON’s growth

Oct 31, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways TRON DAO chooses Chainlink Data Feeds as its official oracle solution, replacing WINkLink. The integration will enhance data security for TRON’s DeFi applications and support ecosystem growth. Share this article TRON blockchain is set to integrate Chainlink Data Feeds as its official oracle solution, bringing $6.5 billion in decentralized finance total value locked […]

Dow Jones Multi Time Frame Trade Setup

Oct 31, 2024 Jeremy Parkinson Finance 0

Image Source: Pexels In this update, we review the recent price action in the emini DowJones futures contract and identify the next high probability trading opportunity and price objectives to targetVideo Length: 00:02:12More By This Author:Daily Market Outlook – Thursday, Oct. 31FTSE Under Pressure As UK Budget Deals A Blow To Investor SentimentDaily Market Outlook – […]

Ueda Lifts Yen, Stocks Slump, Gilts Under Pressure Post-Budget

Oct 31, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Overview: The main move in the foreign exchange market today is the recovery of the yen following what was seen as hawkish comments by BOJ Governor Ueda. Otherwise, the tone is one of consolidation. The equity market sell-off today may be weighing on the Scandis and dollar-bloc currencies amid risk-off impulses. Emerging market currencies […]

US Stock Futures Dip As Tech Earnings Disappoint, Economic Resilience Tempers Fed Rate Cut Hopes

Oct 31, 2024 Jeremy Parkinson Finance 0

Given the current market context, our perspective emphasizes caution in response to mixed corporate earnings, macroeconomic data signaling a resilient U.S. economy, and implications for Fed policy amid political uncertainties. Key Points to Address: Earnings Season and Technology Sector Weakness: U.S. stock futures are under pressure as disappointing earnings from major tech firms weigh on […]

Elliott Wave Technical Analysis: State Bank Of India – Thursday, Oct. 31

Oct 31, 2024 Jeremy Parkinson Finance 0

STATE BANK OF INDIA – SBIN (1D Chart) Elliott Wave Technical AnalysisFunction: Counter Trend (Minor degree, Grey)Mode: MotiveStructure: Impulse within larger degree zigzagPosition: Minor Wave 2Details: Minor Wave 2 Grey might be now complete around 850 zone, which is also previous Wave ((iv)) of one lesser degree. If correct, expect Wave 3 to be underway soon.Invalidation point: 910State Bank […]