Author Archive: Jeremy Parkinson
Markets Flat After Big Selloff Day; FDX, NKE Beat On Earnings
Image Source: PexelsThe stock market gave a rebound the old college try today, but aside from a modest +15 points on the blue-chip Dow, indexes closed in the red again today. Results were nowhere near as bad as they were yesterday, but the S&P 500 slipped -5 points (-0.09%), the Nasdaq -19 points (-0.10%) and the […]
European Homeowners Decide With Their Wallets When It Comes To Energy-Efficient Renovation
Image Source: UnsplashThe building sector is crucial for the green transition, accounting for about a third of Europe’s energy-related emissions in 2022. Our survey in six European countries found that while many homeowners have taken steps to improve energy efficiency, financial concerns are the main barrier to further renovation. Building sector needs to play big role in […]
Japanese Yen Struggles To Capitalize On Modest Intraday Bounce; Remains Vulnerable
Image Source: Pixabay The Japanese Yen attracts some buyers after a stronger-than-expected Japan’s National CPI. A weaker risk tone and retreating US bond yields also lend support to the lower-yielding JPY. The Fed’s hawkish shift underpins the USD and acts as a tailwind for the USD/JPY pair. The Japanese Yen (JPY) recovers slightly after touching a […]
Financial Markets Report For Thursday, Dec 19
Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, December 19.Video Length: 00:16:54More By This Author:Financial Markets Report For Wednesday, Dec 18Metal Markets Report For Wednesday, Dec 18Metal Markets Report For Tuesday, Dec 17
Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, Dec 19
Image Source: PixabayMarkets moved in stronger directional moves, but adhered to what the EW labeling was suggesting. I update the labeling and add some Fibonacci support levels for the EW move in force. Expectations include volatility likely remaining on the strong side with tomorrow’s very large expiration. I would expect continued larger swings in both directions.Video […]
Intel Shortlists Suitors For Chip Division Altera Amid Turnaround Efforts
Image Source: PexelsAbout a month after Bloomberg reported that Lattice Semiconductor had offered to purchase Intel’s (INTC) Altera, the financial media outlet revealed that several private equity firms had also entered the bidding game for the company, which specializes in designing low-power programmable chips.Sources told Bloomberg that Francisco Partners and Silver Lake Management have joined Lattice in a second bidding round […]
The Stock Market Struggles May Only Grow Worse
Image Source: UnsplashThe Dow broke its 10-day losing streak today; however, the bad news is it only finished the day up 0.04%. So, while the streak was broken, it was just barely.Meanwhile, the S&P 500 ended the day essentially flat. It was up about 70 to 80 basis points earlier in the day, but those gains […]
Fed Outlook Sends Oil Prices Lower Amid Demand Concerns
Image Source: Pixabay Oil prices dropped on Thursday due to concerns about central bank policy and economic slowdown. The Federal Reserve and other central banks have signaled a cautious approach to easing monetary policy. The rise in the US dollar makes oil more expensive for international buyers. Oil prices experienced a downturn on Thursday, as cautious […]
Time To Buy These Top-Rated Industrial Products Stocks: DXPE, IIIN, ZBRA
Image Source: UnsplashAs we edge closer to the new year, investors may want to pay attention to several industrial products sector stocks that look poised to have a strong fiscal 2025. Now appears to be an ideal time to buy these top-rated industrial products stocks based on the trend of positive earnings estimate revisions. DXP Enterprises – […]
Is Inflation Meaningful? Is It Useful?
Image Source: PixabayIn several recent posts, Tyler Cowen has stressed the need for better models of inflation. In one case, he expressed exasperation at my claim that (price) inflation is an almost meaningless concept: 4b. More seriously, Scott seems to dismiss the price level concept altogether. For instance he once wrote: “In the past, I’ve frequently argued that […]
