December 2024 - Page 46 of 149 -

Key Takeaways From The Latest Round Of Central Bank Meetings

Dec 13, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay On the latest edition of Market Week in Review, Investment Strategist BeiChen Lin discussed U.S. equity-market strength as well as recent rate decisions from key central banks. He finished by highlighting the main themes in Russell Investments’ newly released 2025 Global Market Outlook. U.S. equity markets hit record highs—again Lin began by digging into […]

BiT Global sues Coinbase over unfairly delisting wBTC while allowing PEPE, WIF to trade

Dec 13, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways BiT Global has sued Coinbase for unfairly delisting wBTC to promote its own cbBTC. Coinbase is accused of violating antitrust laws and misleading statements regarding wBTC standards. Share this article BiT Global has initiated a lawsuit against Coinbase, alleging the exchange unfairly delisted wrapped Bitcoin (wBTC) to promote its own competing product, Coinbase […]

AskSlim Market Week – Friday, Dec. 13

Dec 13, 2024 Jeremy Parkinson Finance, No picture 0

Photo by Nicholas Cappello on Unsplash Technical and cycle analysis, and market commentary.Video Length: 00:49:42More By This Author:AskSlim Market Week – Friday, Nov. 29 AskSlim Market Week – Friday, Nov. 22 AskSlim Market Week – Friday, Nov. 15

S&P 500 Earnings Dashboard 24Q3 – Friday, Dec. 13

Dec 13, 2024 Jeremy Parkinson Finance 0

S&P 500 Aggregate Estimates and Revisions 24Q3 Y/Y earnings are expected to be 9.1%. Excluding the energy sector, the Y/Y earnings estimate is 11.8%. Of the 496 companies in the S&P 500 that have reported earnings to date for 24Q3, 76.0% reported above analyst expectations. This compares to a long-term average of 66.9%. The 24Q3 Y/Y blended revenue growth estimate is 5.3%. If the energy sector is excluded, the […]

Gold Stocks Big Bargains

Dec 13, 2024 Jeremy Parkinson Finance 0

Gold stocks remain big bargains, still priced for bygone much-lower gold prices. Gold miners are earning enormous record profits, fueled by gold’s powerful bull market. Yet traders have been slow to recognize this, leaving gold stocks seriously undervalued relative to their underlying earnings. This striking anomaly won’t last, as eventually stock prices always mean revert […]

Grains Report – Friday, Dec. 13

Dec 13, 2024 Jeremy Parkinson Finance 0

WHEAT General Comments: The markets were lower yesterday in all three markets after USDA showed poor export demand in the weekly reports. Tensions remined high between Ukraine, the US, and Russia. The growing conditions in the US are very good. Reports of very beneficial rains for the Great Plains and Midwest and reports of steady […]

VanEck sees Bitcoin at $180K with a US Bitcoin reserve in 2025

Dec 13, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways VanEck forecasts Bitcoin reaching $180,000 in 2025, with the US potentially adopting it as a strategic reserve. The firm highlights Ethereum, Solana, and Sui as top-performing assets, alongside growth in AI agents, tokenized securities, and stablecoins. Share this article VanEck predicts Bitcoin will soar to $180,000 in 2025, driven by a maturing market […]

Cloud Stocks: Symbotic Leverages AI To Provide Warehousing-As-A-Service

Dec 13, 2024 Jeremy Parkinson Finance 0

Photo Credit: Michal Jarmoluk from Pixabay The rise of AI in the recent past has exposed some interesting use-cases across industries. One such example is that of Wilmington, Mass.-based software and robotics maker Symbotic (Nasdaq: SYM), who has successfully leveraged AI to build an offering of Warehouses-as-a-Service. Symbotic’s Offerings Symbotic has had a very interesting growth story. The […]

It’s All About Guidance, Once Again

Dec 13, 2024 Jeremy Parkinson Finance 0

Image Source: Pexels Thanks to an out-of-the-office business appointment, today’s piece will be a bit more brief than usual. Some things that have caught my attention this morning include investor’s understandable love for optimistic corporate guidance, their disdain for GAAP earnings, another yield curve disinversion, and continued bad breadth. For brevity’s sake, we will present them […]

How To “Back Up (And Park) The Cyber Truck” For Tesla

Dec 13, 2024 Jeremy Parkinson Finance 0

Back in late October, I went public with my overweight position in Tesla. Those that have been trading with me here at TheoTrade know that I like to call it “backing up the truck” when I take on a bigger-than-usual position in a stock. The thing is, now the stock looks so good I might have […]