November 2024 - Page 195 of 229 -

Current Report: FS KKR Capital Corp.

Nov 06, 2024 Jeremy Parkinson Finance 0

Image Source: Pexels FS KKR Capital Corp (FSK) is a business development company based in the United States.Its portfolio is comprised of investments in senior secured loans and second lien secured loans of private middle market U.S. companies and, to a lesser extent, subordinated loans and certain asset-based financing loans of private U.S. companies.It is focused […]

Tesla Stock Jumps 14%+ As Trump Announced 2024 Election Winner

Nov 06, 2024 Jeremy Parkinson Finance, No picture 0

Tesla shares surged over 14% in pre-market trading following Donald Trump’s election victory.In the wake of the U.S. presidential election results, Tesla (TSLA) shares experienced a significant uptick, reflecting investor optimism tied to political developments. The electric vehicle giant saw its stock rise over 15% in pre-market trading on November 6, 2024, following the announcement of former President […]

Massive Rally In The S&P 500 If The Key Level Holds Up

Nov 06, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash As the markets brace for both the U.S. election and an FOMC meeting this week, investors are closely watching the S&P 500 to see if it will hold above the critical 5,700 level. This threshold could be the difference between a new bullish uptrend or a prolonged trading range. Here’s what you need […]

US Dollar Soars And US Rates Jump

Nov 06, 2024 Jeremy Parkinson Finance, No picture 0

Shortly after the North American markets closed, before any results were known, the market jumped back into the “Trump trade,” which it had pared on Tuesday. The dollar and US interest rates soared. The euro is the hardest hit among the G10 currencies today, off about 1.6% and the Canadian dollar, the best performer with […]

USD/CAD Forecast: Eases Amid Profit-Taking

Nov 06, 2024 Jeremy Parkinson Finance 0

The market rallied all the way from the 1.35 level to the 1.3950 level in the course of a couple of weeks. Keep in mind that oil markets are somewhat soft, but ultimately, they are bouncing due to the fact that we had been in a two-year range and at the bottom of it. So, […]

Daily Market Outlook – Wednesday, Nov. 6

Nov 06, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay The results of the US presidential election indicate that Trump will emerge victorious and the Republican Party will maintain control of the Senate. The New York Times’ closely-watched ‘swingometer’ projected a 93% chance of Trump winning, while Treasury yields rose to four-month highs as some betting sites significantly favoured him. However, the House […]

AUD/USD Rebounds From Multi-month Low, Finds Support Ahead Of 0.6500 Mark

Nov 06, 2024 Jeremy Parkinson Finance, No picture 0

The AUD/USD pair trims a part of heavy intraday losses and recovers around 70-75 pips from the vicinity of the 0.6500 psychological mark, or its lowest level since August 8 touched earlier this Wednesday. Spot prices, however, remain deep in negative territory through the first half of the European session and currently trade just below the […]

XAUUSD Commodity Elliott Wave Technical Analysis – Wednesday, November 6

Nov 06, 2024 Jeremy Parkinson Finance 0

Gold Elliott Wave AnalysisIt appears the current Gold pullback is completed and the commodity could be set to continue the all-time bullish trend to a fresh record high. From the Elliott wave theory perspective, Gold is expected to rally further to 2800 and beyond before the next pullback starts.Daily Chart AnalysisOn the daily chart, Gold completed the […]

Ethereum Price Resumes Its Climb: Is A Bigger Rally On The Way?

Nov 06, 2024 Jeremy Parkinson Finance 0

Ethereum price found support near $2,350 and started a fresh increase. ETH is rising and might aim for a move above the $2,580 resistance. Ethereum started a fresh surge above the $2,500 resistance zone. The price is trading above $2,500 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend […]

Silver Price Forecast: XAG/USD Trades Below $32.50, Nine-Day EMA

Nov 06, 2024 Jeremy Parkinson Finance 0

Silver price (XAG/USD) depreciates to near $32.20 during the European session on Wednesday. The daily chart analysis indicates a potential shift in momentum from bullish to bearish, as the nine-day Exponential Moving Average (EMA) aligns with the 14-day EMA. A downward crossover here would signal weakening short-term momentum.Additionally, the 14-day Relative Strength Index (RSI) is consolidating just below […]