Author Archive: Jeremy Parkinson
Solid 5Y Auction Stops Through With Yields At 6 Month High
After yesterday’s stunner of a 2Y auction, with most trading desks vacant and manned by interns on Christmas Eve even as yields blow out to 6 month highs, moments ago the US Treasury auctioned off its second to last Treasury coupon for 2024 when it sold $70 billion in 5 Year paper in a solid […]
Asian Stock: ENN Natural Gas
TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: ENN Natural Gas Company LimitedBloomberg ticker: 600803 SHMarket cap: US$7,765mBackground: ENN Natural Gas Company Limited is a Chines company engaged in clean energy. ENN operates through five segments: Natural Gas Processing and Investment, Energy Technology Engineering Service, […]
2024 Market Review: The Best-Performing Assets Of The Year
Best-performing crypto: Ripple (+260%) Best performing commodity: Cocoa (+207.7%) Best performing stock index: SG20 (+30.5%) Best performing G10 currency: US dollar (+6.7%) 2024 has been yet another year of record highs!Much of the market-related headlines this year have featured the likes of Bitcoin, gold, and the S&P 500 – each posting never-before-seen prices.Yet, Bitcoin, gold, and the S&P 500 […]
Russia bans crypto mining in key regions starting 2025
Key Takeaways Russia will ban crypto mining in several regions starting January 1, 2025. The ban addresses electricity shortages and interregional cross-subsidization issues. Share this article Russia will prohibit crypto mining in several regions starting January 1, 2025, extending through March 15, 2031, according to state news agency TASS. The move seeks to tackle energy […]
Sensex Today Ends Flat; Tata Investment, Tata Chemicals, Other Tata Stocks Up 3%
After opening the day on a positive note, Indian share markets remained rangebound through the trading session, with Tata shares stealing the show following the announcement of Tata Capital’s IPO.At the closing bell, the BSE Sensex stood lower by 67 points (down 0.1%).Meanwhile, the NSE Nifty closed lower by 26 points (down 0.1%).Tata Motors, ITC, and Nestle India were […]
EUR/USD Analysis: Reasons For The Euro’s Decline Against The Dollar And Will The Performance Continue?
In the shortened trading week due to Christmas holidays, the performance of the Euro is likely to remain under pressure against the US Dollar. Since the beginning of the week’s trading, the EUR/USD exchange rate has been stable around and below the support level of 1.0400, and as mentioned, any attempts at short-term recovery will […]
New Census Report Explained Job Growth, But Labor Market Likely To Tighten
Image Source: Unsplash Businesses that serve consumers or hire workers learned why things have gotten better in the form of good news from the Census Bureau. The U.S. population grew by one percent in 2024 (using July-to-July measures). The bureau wrote, “…this is the fastest annual population growth the nation has seen since 2001.” But slimmer pickings […]
AUD/USD Forex Signal: Aussie Dollar Continues To Struggle
Potential Signal:I am fading rallies in this market every time they occur. If the market rallies, I will be looking for a long wick on an hourly candlestick between the 0.63 level and the 0.6350 level. I would have a stop loss at 0.6365 and would be aiming for the 0.6215 level. In my daily […]
Threat actor steals half a million via 15 compromised X accounts: ZachXBT
Key Takeaways A threat actor stole $500,000 via meme coin scams promoted through compromised X accounts. ZachXBT suggests not reusing emails and using security keys for important accounts. Share this article A threat actor netted approximately $500,000 through a series of meme coin scams launched via more than 15 compromised X accounts, according to blockchain […]
These AI Stocks Are Set Up For Success In 2025
Image Source: Pexels Throughout 2024, the AI buzzword may have become oversaturated, but that doesn’t mean AI market growth should be underestimated. Although there are some elements of a market bubble, it remains the case that public-private partnerships (PPPs) are honed in to make AI happen.After the most recent stock market correction, technology-oriented Nasdaq-100 (NDX) is down […]
