New Census Report Explained Job Growth, But Labor Market Likely To Tighten
Dec 24, 2024
Jeremy Parkinson
Finance, No picture
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
Dec 24, 2024
Jeremy Parkinson
Finance
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
Dec 24, 2024
Jeremy Parkinson
Cryptocurrency, No picture
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
Dec 24, 2024
Jeremy Parkinson
Finance
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 […]
US Dollar Trades Flat As Traders Make Way To The Christmas Table
Dec 24, 2024
Jeremy Parkinson
Finance
The US Dollar trades broadly steady despite headlines out of China about ramping up bond sales next year. Chinese policymakers plan to sell a record 3 trillion yuan of special treasury bonds in 2025, the highest on record. The US Dollar Index (DXY) resides at 108.00, very close to eke out a fresh two-year high. […]
TSMC Is Partying Like It’s 1999
Dec 24, 2024
Jeremy Parkinson
Finance
Taiwan Semiconductor Manufacturing Company shares are on track to record their strongest annual performance since the Dot Com bubble, as the world’s largest contract chipmaker ramped up production of artificial intelligence chips designed by Nvidia and Advanced Micro Devices, driven by surging data center demand. Investor enthusiasm for AI trades persists into the final trading days of the […]
ETH/USD Forecast: Ethereum Holds Support
Dec 24, 2024
Jeremy Parkinson
Finance
Ethereum has been fairly back and forth and sideways during the session here on Monday, but it does look supported. That’s the important part in this analysis. We are currently hanging it around between the 50 day EMA above and the 200 day EMA below, focusing mainly on $3,350. It is worth noting that cryptocurrencies […]
V: The Undervalued Stock That Superinvestors Are Loading Up On
Dec 24, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash As part of the weekly research here at The Acquirer’s Multiple we’re always interested in investing gurus who hold the same stocks that appear in our Acquirer’s Multiple Stock Screeners, based on their latest 13F’s. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and […]
USD/CAD Wobbles Around 1.4400 Amid Quiet Trading Session Ahead Of Christmas Day
Dec 24, 2024
Jeremy Parkinson
Finance, No picture
The USD/CAD pair trades sideways around 1.4400 in Tuesday’s North American session. The Loonie pair consolidates as it follows the footprints of the US Dollar (USD), which is grappled with volatility contraction in a thin volume trading day due to the holiday-shortened week.The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades […]
Gold Analysis: Market Performance Affected By Weak Liquidity
Dec 24, 2024
Jeremy Parkinson
Finance
For three consecutive trading sessions, gold prices have been trying to rebound to recover the losses of the previous week, which extended to the support level of $2,583 per ounce. The rebound gains, coinciding with the halt of the US dollar’s gains, did not exceed the resistance level of $2,633 per ounce before stabilizing around […]