December 2024 -

Fed expected to make third rate cut today—here’s what to expect

Dec 18, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways The Fed is expected to lower interest rates by 25 basis points to a range of 4.25% to 4.5%. Increased market instability is possible as the event looms. Share this article The Federal Reserve is scheduled to announce its interest rate decision during its meeting on Wednesday. Economists widely predict that the Fed […]

Elliott Wave View: Bitcoin Has Reached Inflection Area

Dec 17, 2024 Jeremy Parkinson Finance 0

Image Source: PexelsShort Term Elliott Wave View in Bitcoin (BTCUSD) suggests rally from 6 September 2024 low is in progress as a 5 waves impulse. Up from 6 September, wave 1 ended at 66508 and dips in wave 2 ended at 58867. The crypto-currency has extended higher in wave 3 towards 103647 as the 1 hour chart […]

Nasdaq 100 & S&P 500 Elliott Wave Update – Tuesday, Dec 17

Dec 17, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashThe S&P and Nasdaq are beginning to diverge from each other in terms of their EW counts. I discuss tonight the potential that the S&P 500 may have completed all legs up to complete the Intermediate 3rd wave. While I continue to keep that count and thought on the “shelf” I feel it is […]

Current Report: Universal Corp

Dec 17, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayUniversal Corp (UVV) is a global leaf tobacco supplier. The company procures leaf tobacco from farmers, processes it, and sells it to companies that manufacture consumer tobacco products.Universal does not manufacture or sell any consumer products itself. The company’s segments include Tobacco Operations and Ingredients Operations. It generates maximum revenue from the Tobacco Operations […]

Financial Markets Report For Tuesday, Dec 17

Dec 17, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, December 17.Video Length: 00:10:00More By This Author:Metal Markets Report For Monday, Dec 16Financial Markets Report For Monday, Dec 16Metal Markets Report For Thursday, Dec 12

Will The Fed Confirm A “ Hawkish Cut”

Dec 17, 2024 Jeremy Parkinson Finance 0

Image Source: PexelsUS stocks tumbled across the board on Tuesday, with the Dow marking its longest losing streak in 46 years. This downturn suggests insufficient sector reindeer are pulling their weight to sustain Santa’s holiday rally sleigh, especially against an increasingly perceived hawkish Fed outlook.Indeed, US stocks waned as traders parsed a robust retail sales report, […]

The Future Of Game Discovery In 2025: From Browsing To Playing And Why It Matters To Investors Discovery is Broken — But 2025 Will Be Different

Dec 17, 2024 Jeremy Parkinson Finance, No picture 0

Discovery is Broken — But 2025 Will Be Different Discovery in gaming has been stuck for too long. Endless scrolling, static trailers, and “recommended for you” lists aren’t just inefficient; they’re outdated. The way players find and engage with games is about to change, and the companies that act now will be the ones leading […]

The Fed Releases Another Grim Set Of US Industrial Production Numbers

Dec 17, 2024 Jeremy Parkinson Finance 0

Image Source: PexelsIndustrial production is below the January 2008 level. Manufacturing is even more abysmal.The Fed’s Industrial Production and Capacity Utilization report for November provides another set of sobering statistics. Industrial production (IP) moved down 0.1 percent in November after declining 0.4 percent in October. In November, manufacturing output rose 0.2 percent, boosted by a 3.5 percent increase […]

Stocks Continue To Melt As Equity Financing Cost Soar

Dec 17, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashIt was another weak day for the markets. The S&P 500 closed lower by 39 basis points, but weakness was more pronounced in the RSP equal-weight index, down 80 basis points. The Dow dropped for the ninth consecutive day, losing 66 basis points.Breadth continues to deteriorate across the marketplace. In the S&P, 378 stocks […]

EUR/USD Unplugs Bullish Attempt, Slips Back Below 1.05

Dec 17, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay EUR/USD shed a fresh fifth of a percent against the Greenback on Tuesday. Fed-centric US data docket dominates investor sentiment. EU data remains light this week, traders focus on upcoming Fed rate call. Bullish momentum behind the Euro evaporated on Tuesday, dragging the pair back beneath the 1.0500 handle as traders buckle down […]