Silver Price Forecast: XAG/USD Slumps To Near $29.60 Despite Geopolitical Tensions
Dec 27, 2024
Jeremy Parkinson
Finance
Silver price drops sharply to near $29.60 as US bond yields rise on expectations that the Fed will follow gradual rate-cut cycle in 2025. Heightened geopolitical tensions in Middle East failed to uplift the Silver price. The outlook of the Silver price has weakened amid a breakdown of the upward-sloping trendline around $30.00. Silver price […]
EUR/USD Forecast: Faces Resistance Near 1.06
Dec 27, 2024
Jeremy Parkinson
Finance
Furthermore, the 1.06 level features the 50-day EMA, which is dropping pretty heavily, and that in and of itself could have technical traders looking to short the market. In general, I think you have a scenario where maybe the euro doesn’t completely Several Issues in EuropeWe’ve recently had no confidence in the German or French governments. […]
Can DOGE Cut $2 Trillion Out Of $1 Trillion? What About Revenue?
Dec 27, 2024
Jeremy Parkinson
Finance
The answer to the first question is obvious. So let’s discuss what’s reasonable. I created the lead chart from Budget of the U.S. Government Fiscal Year 2025 from the Office of Management and Budget.Without giving any details, DOGE says it can cut $2 trillion in spending. Assume MiraclesTeam Doge wants to eliminate the Department of Education. Let’s assume […]
Super Micro Computer’s Wild 2024: From AI Darling To Controversy And Back
Dec 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Super Micro Computer (Nasdaq: SMCI) has emerged as one of the most volatile and closely watched stocks of 2024, embodying both the promise and pitfalls of the artificial intelligence boom.Dramatic highs, devastating controversies, and a persistent connection to the expanding AI infrastructure market have marked the server manufacturer’s journey through 2024.The company started […]
2025: When Business Goes Up And The Stock Market Goes Down?
Dec 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Why invest in a “World ET”’? Because logic would dictate that “the world”, when it happens to be whole, does not pose isolated risks. Except that investing in the MSCI World means betting on 1,400 of the largest companies in mainly Western countries, geographically diversified in 23 countries and sectorally in 11 different […]
Crude Oil Ticks Up Ahead Of Key US Inventory Data
Dec 27, 2024
Jeremy Parkinson
Finance
Oil prices are up near 1.00% this Friday ahead of last Oil data points for 2024. With the unusual trading week due to Christmas, all data has been moved to Friday. The US Dollar Index trades flat and resides just above 108.00, heading into New Years Eve next week. Crude Oil prices increase on Friday as […]
Metals And Bitcoin Setup For Spectacular Gains
Dec 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash A review and analysis of the precious metals market and Bitcoin.Video Length: 00:13:09 More By This Author:Learning To Trade The Gold Bull 2025 Will Be The Year Of Silver Gold Preparing For The B-Wave Bounce
The RBA May Go For A Rate Cut In February
Dec 27, 2024
Jeremy Parkinson
Finance
Image Source: Pexels At Thursday’s close, the Dow Jones Index (US30) was up 0.07%. The S&P 500 Index (US500) was down 0.04%. The Nasdaq Technology Index (US100) lost 0.13%. The three major indices closed subdued on the day after the Christmas holiday. Markets remained subdued as they assessed the potential impact of the Federal Reserve’s interest […]
Bitcoin Could Crash To $70,000, Warn Leading Financial Analysts
Dec 27, 2024
Jeremy Parkinson
Finance
The recent rejection at the $100,000 has prompted a wave of warnings from leading financial analysts, who caution that Bitcoin could be poised for a significant pullback toward the $70,000 region or, in some cases, even $60,000. Ali Martinez (@ali_charts), a crypto analyst, compiled the viewpoints of several market veterans on X , offering a multi-perspective take […]
Is Tesla Stock About To Surge Higher? Watch This Pivot Point Before The Earnings
Dec 27, 2024
Jeremy Parkinson
Finance
Image Source: Pexels Strong Bullish Structure Tesla (TSLA) shows a robust rounding breakout pattern. Axis line tested successfully, indicating strength. Key Pivot Level: $447.3 This level could signal a reversal if Tesla breaks higher. Earnings and Consolidation Earnings expected on January 22; potential consolidation before the next move. Market Dependency Tesla, like NVDA, is influenced […]