Author Archive: Jeremy Parkinson
YouTuber’s meme coin Unicorn Fart Dust hits $240 million market cap in just 48 hours
Key Takeaways Unicorn Fart Dust coin reached a $240 million market cap just 48 hours after launch. Despite having no prior experience in crypto development, Branstetter aims to explore the world of crypto through this humorous project. Share this article A Solana-based meme coin created by YouTuber Ronald Branstetter, a silver and gold maximalist, to […]
Up With The Escalator, Down With The Elevator…
The stock market once again confirmed an old stock market adage: ‘up with the escalator, down with the elevator’. For investors, who in their recent state of intoxication expected further interest rate cuts, the relatively aggressive message from Fed Chairman Jay Powell came as a ‘surprise’. We mentioned in Thoughts 46, 48, 49 and again in issue 54 that this interest rate […]
The Yen Weakens As The BoJ Holds
The Bank of Japan held its key interest rate at 0.25% for the third time, in line with a narrow majority of market polls. The decision to keep rates unchanged and dovish comments from Governor Ueda are expected to weaken the JPY further, which will likely lead to a faster rate hike than Ueda’s cautious messages […]
“Healthcare Left For Dead” Stock Market (And Sentiment Results)
First Move, Wrong Move? Well, just when I thought I was done with the article of the week, Chair Powell hosted the Fed Presser and made things interesting!I’ve been doing this for a while and have come out several times after Fed meetings saying, “the first move is often the wrong move.”I think it may […]
The Economy Grew More Than Expected, Helped By Government Spending
The economy grew more than expected in the 3rd quarter, now an annualized $23.4 trillion on an inflation adjusted basis. This was the 3rd and final revision to real Q3 GDP. Q3 real GDP grew 3.1%, which was better than the last estimate of Q3 growth (+2.8%), and Q2’s +3.0% growth. Still slightly below the […]
Quantum Computing: The Next Revolution After AI?
Image Source: Unsplash Quantum stocks have been on fire lately as investors speculate on the next big thing in tech after AI. The frenzy has intensified since Google (GOOG – Free Report) revealed its new computer chip, Willow, which can perform calculations in less than five minutes that would take one of the world’s most powerful supercomputers 10 septillion […]
Diversifying Exceptionalism
Despite recent sharp U.S. market declines after the Federal Reserve signaled fewer than expected rate cuts, much of recent year-end market commentary has been focused on U.S. exceptionalism and the divergence of U.S. equities compared to the rest of the world. The S&P 500® was up 24.8% YTD through Dec. 18, 2024, reaching 57 all-time closing highs so far this year, propelled […]
Bitcoin May Surge To $200,000 By Mid-2025 Amid ‘Mild’ Price Pullbacks
Image Source: Unsplash In a report published on December 17, analysts at cryptocurrency exchange Bitfinex stated that a combination of rising institutional adoption of Bitcoin (BTC) and bullish technical indicators could push the leading cryptocurrency as high as $200,000 by mid-2025. The report also predicts that any price corrections during 2025 are likely to ‘remain mild’. […]
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 […]
