Author Archive: Jeremy Parkinson
Netflix Is In Process Of Doing Five Waves Advance
Image Source: UnsplashShort Term Elliott Wave view in Netflix (NFLX) suggests that rally from 8.05.2024 low is incomplete & should continue upside. It is showing 3 swing higher since August-2024 low & expect more upside against 11.18.2024 low. It ended 1 at $736 high as diagonal & 2 correction at $669 low. Within 1, it placed ((i)) at […]
Learning To Trade The Gold Bull
Image Source: PixabayLosing sight of the bigger picture and developing tunnel vision on day-to-day actions can lead traders to make poor decisions. In this video, I’ll show you how this applies to gold.Video Length: 00:10:49More By This Author:2025 Will Be The Year Of Silver Gold Preparing For The B-Wave BounceMetals Need A Sentiment Reset
Japanese Yen Struggles To Lure Buyers Amid BoJ Rate-Hike Uncertainty
Image Source: Pixabay The Japanese Yen remains depressed near a multi-month low against the USD. The BoJ’s dovish stance and a positive risk tone undermine the safe-haven JPY. The Fed’s hawkish outlook for 2025 acts as a tailwind for the USD/JPY pair. The Japanese Yen (JPY) struggle to gain any meaningful traction during the Asian session […]
BlackRock, a16z back Elon Musk’s xAI in $6B funding round
Key Takeaways xAI raised $6B in Series C funding with major investors like BlackRock, a16z, and Fidelity. NVIDIA and AMD support xAI’s infrastructure through advanced GPU technology. Share this article Elon Musk’s artificial intelligence company xAI, announced Monday it had raised $6 billion in a Series C funding round, with backing from major investors including […]
EQT: A Natural Gas-Weighted Stock Ideal For A More Disciplined Energy Industry
Photo by Timothy Newman on UnsplashBoom or bust? When it comes to energy, many investors seem undecided with a little less than two weeks to go in 2024. But the natural gas-weighted producers we’ve emphasized lately — particularly EQT Corp (EQT) and Expand Energy Corp. (EXE) — are still trading close to multi-year highs.The commodities look soft. Benchmark North American oil prices are again […]
Australian Dollar Remains Subdued Due To Thin Trading Before The Christmas Holiday
Image Source: Unsplash The Australian Dollar depreciates as the RBA may begin rate cuts in February. The RBA’s Meeting Minutes suggested that the board had grown more confident about inflation; however, risks persisted. US Dollar appreciated as Fed policymakers signaled fewer rate cuts in 2025 due to a slowdown in the disinflation process. The Australian Dollar […]
Current Report: First BanCorp
Image Source: PixabayFirst BanCorp (FBP) is a financial holding company. The company’s operating segment includes Commercial and Corporate Banking; Mortgage Banking; Consumer (Retail) Banking; Treasury and Investments; United States Operations; and Virgin Islands Operations.It generates maximum revenue from the Consumer (Retail) Banking segment, which consists of the Corporation’s consumer lending and deposit-taking activities conducted mainly through […]
November Home Sales Rise Amid Mixed Price Trends
Image Source: PexelsI’ve been looking at new and existing home sales more in tandem recently, as we are looking for a rebalancing of the market, with prices abating in existing home sales and inventory increasing, vs. new houses where prices have been slightly declining.Additionally, as usual, let me start with the important caveat that new home […]
A Wedgie For The Ages
Image Source: PexelsHere is the SPY/TLT ratio chart. I think you can imagine what this portends for 2025.More By This Author:Powerful Gap FillThe Uniform Comes OffNovo Nordisk Short
Financial Markets Report For Monday, Dec 23
Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, December 23.Video Length: 00:11:25More By This Author:Metal Markets Report For Monday, Dec 23SPDR ETF Report For Thursday, Dec 19Financial Markets Report For Thursday, Dec 19
