Author Archive: Jeremy Parkinson
Stock Analysis: Village Supermarket
Image Source: Unsplash Village Super Market Inc (VLGEA) operates a chain of ShopRite supermarkets, a few of which are in northern New Jersey, southern New Jersey, Maryland, and in northeastern Pennsylvania. The company is a member of Wakefern Food Corporation (Wakefern), a retailer-owned food cooperative and owner of the ShopRite name. It consists of one operating […]
Is Tesla’s Narrative-Driven Valuation Temporary?
Image courtesy of 123rf.com Last Tuesday, we charted the main drivers behind this year’s price moves for TSLA stock. Alongside Musk’s pay package (recently rescinded again) and tariffs against Chinese EVs, it is clear that Donald Trump’s election victory boosted TSLA shares the most. In early October, just prior to Robotaxi Day, which failed to generate much excitement, TSLA stock […]
Franklin Templeton files for Bitcoin and Ether ETF as Bitcoin holds $100K support
Key Takeaways Franklin Templeton’s dual crypto ETF filing comes as Bitcoin steadies at $100K, a crucial support level for market momentum. Analysts predict the SEC may approve Franklin Templeton’s ETF alongside similar proposals by Bitwise and Hashdex next year. Share this article Franklin Templeton has submitted a filing for a dual crypto index ETF that […]
U.S. Dollar Is Coming Into Resistance As Expected
Image Source: Pixabay U.S. Dollar Index with ticker DXY is in a massive recovery and it’s unfolding a five-wave bullish cycle within higher degree wave (C) of a larger (A)(B)(C) correction as expected. We talked a lot about that in the past month, we also shared a tweet, when we spotted wave 4 correction within uptrend […]
CarMax Posts First Sales Increase In Two Years, Stock Jumps 6%
Image Source: Unsplash Shares of CarMax (NYSE: KMX) were rising on Thursday after the nation’s leading used car dealer posted strong fiscal third quarter 2025 results that blew away analysts’ estimates.The firm reported net sales of $6.2 billion, which was up 1.1% from the same quarter a year ago. That may not sound like much, but it is the first […]
Fed Keeps The Party Going With Rate Cut But Threatens To Cool The Shindig Down
Image source: Wikipedia Daddy poured more punch into the punch bowl even as he threatened to cool the party down. Whether Papa Powell follows through on the threat remains to be seen.The Federal Reserve delivered another interest rate cut at its December meeting, trimming the federal funds rate 25 basis points to between 4.25 and 4.5 […]
Dow Looks To Snap 10-Day Losing Streak
Stocks are firmly higher today following the market’s worst day in years. The Dow Jones Industrial Average (DJI) is up 272 points and looking to snap its worst losing streak since 1974, while the Nasdaq Composite Index (IXIC) jumps triple digits as well. Bank stocks are giving the market a boost, even as bond yields hover above the […]
Unlocking ASX Trading Success: Car Group Limited
ASX: CAR GROUP LIMITED – CAR Elliott Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) CAR GROUP LIMITED – CAR. We see ASX:CAR continuing to push lower in the coming period with wave (4)-orange, then wave (5)-orange will return to push higher.ASX: CAR GROUP LIMITED – CAR 1D […]
From Powell To Profits: Strategic Stock Picks Amid Market Uncertainty
Image Source: Pixabay Macro Review: Market Volatility in Focus Yesterday’s market movement aligned perfectly with expectations, as the Federal Open Market Committee (FOMC) meeting drove significant volatility. Key takeaways from Chairman Powell’s press conference included fewer anticipated rate cuts in 2024. This sparked a sharp decline in risk assets, confirming our pre-market sentiment: “The easy money […]
Markets Focus On Reflation Risk After Fed Cuts Rates
Image Source: Pexels There are several reasons for adopting a cautious near-term outlook for markets, and reflation risk is arguably at the top of the list. That’s old news, but it’s a topic that’s keenly in focus after the Federal Reserve decided on Wednesday to cut interest rates for a third time.The central bank, as expected, reduced its […]
