November 2024 - Page 109 of 229 -

Trump Trade Sends Investors Into Overdrive

Nov 16, 2024 Jeremy Parkinson Finance, No picture 0

Last week, we discussed that with the election over and the Federal Reserve cutting interest rates, many market headwinds were put behind us. To wit;“As a result, the market surged higher, hitting our year-end target of 6000 on Friday. Furthermore, since election day, the “RE-risking” rally reversed the short-term sell signal, supporting higher prices. As […]

Despite Its Oil Wealth, Nigeria Is An Economic Basket Case

Nov 16, 2024 Jeremy Parkinson Finance 0

Americans are outraged. Gas prices have risen over 30 percent in four years, electricity has risen by over 30 percent in the last four years, and groceries have risen by over 20 percent. This is infuriating and Americans are well in the right to be disgusted by it. Now, imagine living in a country where […]

Technical Market Report For November 16, 2024

Nov 16, 2024 Jeremy Parkinson Finance, No picture 0

The good news is: Seasonality for the coming week has been very strong. The NegativesThe first chart covers the last 6 months showing the S&P 500 (SPX) in red and a 10% trend (19 day EMA) of NYSE new highs (NY NH) in green. Dashed vertical lines have been drawn on the 1st trading day […]

WMT Is Overvalued And Overextended Heading Into Earnings; How I’m Protecting My Profits

Nov 16, 2024 Jeremy Parkinson Finance 0

Walmart (WMT) is on a tear heading into its 3QFY25 earnings report next Tuesday morning with shares up 60% YTD. Unfortunately, a consequence of that price appreciation is that the stock has become overvalued and overextended. WMT now trades for 35x the midpoint of the company’s FY25 EPS guidance. You read that correctly: 35x.While that’s […]

Canadian Dollar Sheds Further Weight, Slides Into Fresh Multi-Year Lows

Nov 16, 2024 Jeremy Parkinson Finance 0

The Canadian Dollar (CAD) found fresh lows on Friday as broader markets continues to pivot into the safe haven Greenback. A slight miss in US Retail Sales was all it took to bolster the US Dollar and send USD/CAD into fresh multi-year highs.Canada continues to remain absent from the economic calendar this week. A week of strictly low-tier, low-impact […]

XRP breaks through $1 amid Trump-Ripple CEO meeting speculation

Nov 16, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways XRP surged to over $1 amid rumors of a Trump and Ripple CEO meeting. Leadership changes at the SEC could impact ongoing cases against Ripple Labs. Share this article Ripple’s XRP token has soared above $1—its highest level since November 2021—amid growing speculation surrounding a potential meeting between president-elect Donald Trump and Ripple […]

GBPUSD Analysis & GBPUSD Price Prediction Forecast – Saturday, November 16

Nov 16, 2024 Jeremy Parkinson Finance, No picture 0

Today you will see GBPUSD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for GBPUSD. What to expect where the price will breakout for the GBPUSD based on the supply and demand zones.Video Length: 00:02:47More By This Author:Gold Trading Strategy, XAUUSD Analysis & Forecast – […]

Cardano To Reach $6 By September 2025? Analyst Forecast 2021-Like Rally

Nov 16, 2024 Jeremy Parkinson Finance 0

Cardano (ADA) has seen a massive rally in the last few weeks, surging over 81% in the past fourteen days. As the cryptocurrency continues breaking past key levels, a renowned crypto analyst highlighted its potential 2,000% climb. Cardano To Hit $6 By Q3 2025Crypto analyst Ali Martinez forecasted that Cardano might hit the $6 mark by September 2025. […]

As Inflation Slows To 2%, Powell Expects A Bumpy Path

Nov 16, 2024 Jeremy Parkinson Finance, No picture 0

Watch this short segment and hear my latest thoughts on the markets and the economy and of course monetary policy here in the United States.Video Length: 00:05:42More By This Author:Nonfarm Jobs Increased by 245K Last Month – Behind The NumbersLabor Market Loosening Is In Its Infancy Futures Market Sees -96% Change Of Rate Cut In […]

Why Millennials Can’t Afford A Midlife Crisis: Earnings, Inflation, And Shifting Priorities Millennials’ changing perspective on success and freedom

Nov 16, 2024 Jeremy Parkinson Finance, No picture 0

Millennials are reshaping the narrative around midlife crises as financial realities and evolving values redefine what this pivotal life stage looks like. Born between 1981 and 1996, millennials face unique challenges compared to previous generations.A combination of stagnant wages, mounting student loan debt, rising living costs, and delayed life milestones like home ownership and family […]