Author Archive: Jeremy Parkinson
Bitcoin Top Here? What Historical HODLer Selloff Pattern Says
Image Source: Unsplash On-chain data shows the Bitcoin long-term holders are selling. Here’s whether the current level of selloff is enough for a price top or not. Bitcoin Long-Term Holders Have Been Selling Big Recently In a new post on X, analyst Ali Martinez has discussed about the historical trend in the holdings of the long-term holders relative […]
It’s Just Too Strong
Image Source: Pexels In this short clip, Samantha LaDuc and Hans Albrecht discuss the market’s concentration in mega-cap tech, led by the “Magnificent Seven,” while highlighting the risks of this trend.They note the parabolic moves in major indices and emphasize the role of options gamma in supporting current market levels.Despite strong gains, they warn that this […]
FTSE Sinks To Two Month Low Ahead Of BoE Rate Decision
Image Source: Pexels The FTSE 100 in the UK fell to a nearly one-month low on Tuesday following robust wage data, as investors prepared for insights regarding the future interest rate path of the Bank of England (BoE) later this week. Ahead of the Bank of England’s policy decision on Thursday, data revealed that British wages […]
Anti-crypto Caroline Crenshaw will not be renominated as SEC Commissioner following committee vote cancellation
Key Takeaways The Senate committee has abandoned its efforts to renominate Caroline Crenshaw as a SEC commissioner. Crenshaw’s tenure has been marked by opposition to crypto policies, aligning with SEC Chairman Gensler. Share this article The Senate Banking Committee’s vote on the reappointment of SEC Commissioner Caroline Crenshaw has been canceled, as reported by FOX […]
Alphabet Stock Hits 52-Week High As Waymo Set To Test In Japan
Image courtesy of 123rf.com Google’s (Nasdaq: GOOG) autonomous vehicle division, Waymo, is set to embark on its first international venture by initiating tests in Tokyo, Japan, starting in early 2025.This marks a significant milestone for the company as it steps beyond the borders of the United States for the first time. Waymo has strategically partnered with Nihon Kotsu, […]
Healthcare Employment Surge: Beyond Government Spending
“Actual” data from Bureau of Labor Statistics; “Trend” from the author’s calculations Dr. Bill Conerly Healthcare employment has boomed in the past few years. But contrary to some recent opinions, it’s not all about increased government spending. The pandemic caused worker shortages in healthcare which are just now being resolved.Healthcare employment has grown faster than total […]
Kiwi Is Nearing Strong Support; Bullish Reversal In 2025?
Photo by Thomas Coker on Unsplash The Kiwi with ticker NZD/USD basically could not find the real direction for the last two years, but it looks like a corrective bullish pattern. Actually, we still believe the Kiwi can see bullish reversal in 2025, after current deeper A-B-C corrective drop is finished, which is now in late stages on […]
Dow On Track For Longest Losing Streak Since 1970’s
The Dow Jones Industrial Average (DJI) is down 210 points midday, headed for its ninth-straight daily loss. This would mark the blue-chip index’s worst daily losing streak since since 1978, according to Dow Jones Market Data. The S&P 500 Index (SPX) and Nasdaq Composite Index (IXIC) are firmly lower as well, as investors digest this morning’s retail sales […]
Unlocking ASX Trading Success – Brambles Limited
BRAMBLES LIMITED – BXB Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with BRAMBLES LIMITED – BXB. We see ASX:BXB could be about to push higher with a ((3))-navy wave.BRAMBLES LIMITED – BXB 1D Chart (Semilog Scale) AnalysisFunction: Major trend (Minuette degree, orange)Mode: MotiveStructure: ImpulsePosition: Wave ((2))-navy of Wave v-greyDetails: […]
Top Trade Picks Of The Day: Don’t Miss These Market Movers
TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Image Source: Unsplash Good morning, traders! Markets opened with a blend of cautious optimism and explosive opportunity as we gear up for the FOMC meeting tomorrow. As always, the pre-market action sets the stage for […]
