2024 - Page 153 of 2348 -

Microsoft shareholders to vote on Bitcoin investment proposal in an hour, what we should expect?

Dec 10, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Polymarket traders anticipate that Microsoft shareholders are unlikely to support the Bitcoin investment proposal. If approved, a 1% allocation to Bitcoin would make Microsoft the 10th largest public company holding Bitcoin. Share this article Microsoft’s shareholder vote on the Bitcoin investment proposal is approaching, but prediction market traders see only a small chance […]

Tesla Stock Nears ATH In Massive Turnaround Year, But How Far Can It Go?

Dec 10, 2024 Jeremy Parkinson Finance 0

Confidence in FSD robustness seems to be the name of the game for Tesla holders.On Monday, TSLA stock briefly hit $404.19 per share, closing in on Tesla’s all-time high price of $409.97 in November 2021. Expectedly, Tesla (TSLA) stock rallies from largely negative returns throughout the year. Over the last 30 days, TSLA shares went […]

The Energy Report : Mysterious China

Dec 10, 2024 Jeremy Parkinson Finance, No picture 0

Oil prices rose yesterday on Middle East uncertainty after the fall of Bashar al-Assad in Syria as well as expectations that China will stimulate their economy with lower interest rates thereby increasing oil demand.The Red Dragon is a mysterious place but mostly because of its crazy energy demand. More predictions of peak Chinese oil demand […]

Elliott Wave Live: Dollar Index At Support Ahead Of US CPI Week

Dec 10, 2024 Jeremy Parkinson Finance, No picture 0

Good day, everyone!I hope you had a wonderful weekend. My family and I spent time decorating for Christmas and even went ice skating, so it was a lovely weekend. I hope you also had a chance to relax and are ready for some market action in the coming days.This week brings plenty of important events, […]

Sensex Today Ends Flat; Nifty Below 24,650

Dec 10, 2024 Jeremy Parkinson Finance 0

After opening the day marginally lower, the Indian benchmark remained volatile as the session progressed and ended the day flat.Benchmark equity indices, BSE Sensex and NSE Nifty50, ended Tuesday’s choppy session on a flat note.At the closing bell, the BSE Sensex stood flat, up 1.5 points at the 81,510 level.Meanwhile, the NSE Nifty closed marginally lower by 9 points.Wipro, […]

EUR/USD Tumbles Below 1.0550 On Upbeat US Business Confidence

Dec 10, 2024 Jeremy Parkinson Finance 0

The Euro fell from 1.0600 on Monday and tumbled over 80 pips against the Greenback on Tuesday after Germany revealed that inflation remains steady. Meanwhile, the NFIB Business Optimism Index in the US surged to its highest level since June 2021. The EUR/USD trades at 1.0519. EUR/USD drops amidst high US business confidence, anticipation of ECB […]

China Flipped After 14 Years – Here’s How It Will Impact The World

Dec 10, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay China’s top government body, the politburo, attempted to reignite the “stimulus” sentiment with another wordy communication chock full of more promises and platitudes. To begin with, this doesn’t bode very well for the “bazooka.” Global market reaction wasn’t what Beijing was looking for, either. Even stocks and Economists.Video Length: 00:18:36More By This Author:700,000 […]

What Are Material Stocks Telling Us?

Dec 10, 2024 Jeremy Parkinson Finance 0

Material stocks have been one of the worst-performing sectors this year, lagging the S&P 500 by nearly 20%. Since the election, its relative performance versus the market has continued to worsen. Therefore, given the historical correlation between the economy and the materials sector, we must assess what the sector’s underlying stocks are trying to tell […]

Fearing The CPI

Dec 10, 2024 Jeremy Parkinson Finance 0

S&P 500 tried opening on a strong note, but just as Friday it fell through my high 6,080s support. Is this a cancellation of Santa Claus rally? I don‘t think so, I take it as cautious positioning for upcoming inflation data as is apparent from the put-to-call ratio chart presented at the end of this […]

Gold Analysis: Stable Bullish Prices

Dec 10, 2024 Jeremy Parkinson Finance 0

With a gain of $50 an ounce of gold, prices moved at the beginning of this week’s trading with strong momentum from the increasing geopolitical tensions in the Middle East. Yesterday, the gold price index jumped to the resistance level of $2,676 per ounce before stabilizing around $2,658 per ounce at the beginning of trading […]