November 2024 - Page 54 of 229 -

AUD/USD Weekly Forecast: Hawkish RBA Fuels Rebound Ups and downs of AUD/USD Next week’s key events for AUD/USD AUD/USD weekly technical forecast: RSI divergence prompts pullback

Nov 24, 2024 Jeremy Parkinson Finance 0

Ups and downs of AUD/USDThe Aussie rebounded this week as the dollar paused its Trump rally and the RBA maintained a hawkish. The greenback paused this week after a strong rally due to Trump’s win. However, it climbed earlier in the week when tensions between Russia and Ukraine escalated. Meanwhile, the Trump trade paused as traders […]

Cantor Fitzgerald, led by Trump’s Commerce secretary nominee, struck deal to acquire 5% stake in Tether

Nov 24, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Cantor moved to secure 5% of Tether ownership in a deal worth around $600 million. The company’s CEO, Howard Lutnick, will resign from Cantor Fitzgerald upon his confirmation as Commerce secretary. Share this article Cantor Fitzgerald, led by Donald Trump’s Commerce secretary nominee Howard Lutnick, reached an agreement to acquire a 5% ownership […]

Peeking At The Future: Using CoT To Assess Hedge Fund, Noncommercial Positions

Nov 24, 2024 Jeremy Parkinson Finance 0

Following futures positions of non-commercials are as of November 19, 2024.10-year note: Currently net short 907.5k, up 91.7k.The 10-year treasury yield began the week strong with Monday touching 4.49 percent intraday but only to reverse and close at 4.41 percent, which is where the week ended as well. In the end, bond bears (on price) […]

The Light At The End Of The Tunnel: The US Dollar Charging Ahead Like A Freight Train

Nov 23, 2024 Jeremy Parkinson Finance 0

As the week drew to a close, the USD has surged, catapulting the dollar index to its loftiest heights since the autumn of 2022, a period marked by severe energy price shocks. (Chart H/T Barchart)This resurgence is fueled by mounting anxieties about global growth prospects, particularly as another trade war emerges under President-elect Donald Trump’s leadership. […]

Market Forecasts For 2025 Are Very Bullish

Nov 23, 2024 Jeremy Parkinson Finance, No picture 0

Last week, we discussed the impact of the Trump Presidency on the financial markets based on expectations of tax cuts, tariffs, and deregulation. Since then, the “Trump Trade” went into full swing, pushing the markets higher; however, as we noted, that trade had gotten a bit ahead of itself, and we saw some consolidation and […]

GOLD Trading Strategy | XAUUSD Analysis& Forecast

Nov 23, 2024 Jeremy Parkinson Finance, No picture 0

More By This Author:Gold Trading Strategy Today – Friday, Nov. 22 Gold Trading Strategy Today – Thursday, Nov. 21 Gold Trading Strategy, XAUUSD Analysis & Forecast – Wednesday, Nov 20

Why I Called For SPY Upswing

Nov 23, 2024 Jeremy Parkinson Finance 0

S&P 500 continued making higher lows, and my low 5,940s support wasn‘t jeopardized in the least. Understatement, as my bullish calls kept delivering for all clients. Yields on the short end continued rising, reflecting very decent incoming data – manufacturing and services PMI both confirmed the talked about index of economic surprises being positive last […]

Large-Cap Stocks In Trouble – Saturday, Nov. 23

Nov 23, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashOver the past 12 months, a group of 10 large-cap stocks have underperformed all others. Here’s an updated look at the top 10 worst performing large-caps, along with their one-year price returns. Note that these numbers are as of Nov. 20, 2024. Additionally, here’s what they look like in one chart:More By This Author:Knot Theory Meets Private Equity: […]

XAGUSD Trading Strategy: Silver Analysis And Forecast

Nov 23, 2024 Jeremy Parkinson Finance, No picture 0

More By This Author:Gold Trading Strategy Today – Friday, Nov. 22 Gold Trading Strategy Today – Thursday, Nov. 21 Gold Trading Strategy, XAUUSD Analysis & Forecast – Wednesday, Nov 20

Are These Beaten Down Stocks Worth A Look? Super Micro Computer, NIKE

Nov 23, 2024 Jeremy Parkinson Finance 0

Image: BigstockThe performance of a few stocks over the last few months might have left a sour taste in investors’ mouths, with popular stocks such as NIKE (NKE – Free Report) and Super Micro Computer (SMCI – Free Report) unable to gain any meaningful traction.Image Source: Zacks Investment ResearchWhat’s been impacting shares? Let’s take a closer look at each. Super […]