November 2024 - Page 51 of 229 -

The Fed Rate Cutting Cycle May Be Over

Nov 24, 2024 Jeremy Parkinson Finance 0

Stocks bounced back some this week following last week’s decline, with the S&P 500 rebounding by 1.7%. This week will be short, with US markets closed on Thursday and a half-day on Friday. It will also be accompanied by much data, with the Fed Minutes on Tuesday afternoon and GDP, PCE, and Jobless claims on […]

Pairs In Focus – Sunday, Nov. 24

Nov 24, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay EUR/USD The euro likely found the week to be an absolutely horrible one, as it finally broke below the 1.05 level. By doing so, the market now looks poised to go much lower. Short-term rallies at this point in time will potentially serve as the entry point that short sellers will be looking for. With interest rates climbing, it […]

These Magnificent 7 Reports Impressed Investors: Amazon, Tesla

Nov 24, 2024 Jeremy Parkinson Finance 0

Image: BigstockThe Q3 reporting cycle has officially ended for the Magnificent 7 group following the release of Nvidia’s quarterly results earlier this week. The group posted strong growth, though post-earnings reactions weren’t favorable for all.However, reports from Tesla (TSLA – Free Report) and Amazon (AMZN – Free Report) did spark post-earnings positivity, with shares of each seeing positive price action […]

Bitcoin Nears $100,000 As The Market Boom Continues

Nov 24, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay This Week’s Summary The cryptocurrency market looks set to end the week at a total market capitalization of approximately $3.31 trillion. Bitcoin increased by over 7% to trade at around $97,000. Ethereum moved up by almost 8% to trade at around $3,300 again. XRP rose by 23%, Cardano by 34%, and Dogecoin by 14%. Almost […]

Trade Of The Day: IonQ, Red Cat Holdings

Nov 24, 2024 Jeremy Parkinson Finance 0

Image Source: PexelsThis is a new segment where I break down one of my favorite trades of the day. This is essentially my own review of the trades I took. It is for my own benefit, and these are my notes to myself. Take from it what you will. The idea is to imprint the best trades over […]

The 8 Largest Companies – Sunday, Nov. 24

Nov 24, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashHere is a brief look at the 8 largest companies by market capitalization as of Sunday, Nov. 24, 2024. Additionally, I have included the percentages of their gains on a year-to-date basis. Let’s dive into the numbers. Nvidia (NVDA) has a market cap of around $3.48 trillion, with year-to-date gains of approximately +186.6% Apple (AAPL) has […]

Vertiv: A Data Center Play With Market-Beating Profit Growth

Nov 24, 2024 Jeremy Parkinson Finance 0

Photo by Steve Johnson on UnsplashWhile there are lots of ways to screen for the best stock plays, I like to use projected earnings growth as a starting point because of the generally positive correlation with stock prices. Vertiv Holdings LLC (VRT) is one name I like, notes Bill Patalon, chief stock picker at Stock Picker’s Corner.First, though, let’s talk about inflation. […]

Weekly Technical Update: Nasdaq 100 – Sunday, Nov. 24

Nov 24, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashI have deconstructed and reconstructed the Nasdaq 100 several times under several scenarios before I eventually settled with what I’m presenting today. In this video, I discuss where I foresee the Nasdaq 100 moving to in the coming days.00:23:24More By This Author:Nasdaq 100 & S&P 500 Elliott Wave Update – Tuesday, Nov 19Nasdaq 100 & […]

Heritage Distilling, Dynamix Open For Trading

Nov 24, 2024 Jeremy Parkinson Finance 0

TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Image Source: LendingMemon.com via FlickrHeritage Distilling, Ming Shing, and Dynamix all made a public debut as the IPO market has cooled off ahead of Thanksgiving week in the U.S. Latest IPOs and Direct Listings Heritage Distilling (CASK) opened on […]

Bitcoin Rally Benefits From U.S. Buyers – Coinbase Premium Gap Reveals Strong Demand

Nov 24, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Bitcoin has surged past the $99,800 mark, setting another all-time high as it inches closer to the psychological $100,000 milestone. Despite briefly testing the level, BTC has yet to break through, leaving investors and analysts eagerly anticipating the next move. With demand remaining robust, the stage appears set for Bitcoin to push past […]