Author Archive: Jeremy Parkinson
Solana outpaces Ethereum in attracting new crypto developers in 2024
Key Takeaways Solana attracted 7,625 new developers in 2024, surpassing Ethereum for the first time since 2016. Asia became the leading continent for blockchain developers, with India contributing 17% of new crypto developers. Share this article Solana became the leading blockchain for new crypto developers in 2024, with an 83% increase, surpassing Ethereum, according to […]
FTSE Gives Up Early Gains As Investors Book Profits Ahead Of GDP Data
Image Source: Pexels The FTSE 100 index initially increased on Thursday, supported by Diageo following a brokerage upgrade, while SThree negatively impacted the midcap index as it fell to its lowest point in over four years due to a profit warning. Heading into the close investors have booked profits ahead of tomorrow’s GDP update which has […]
Revisions Won’t Change The Game. The Corn & Ethanol Report
Photo by Jesse Gardner on Unsplash We kicked off the day with PPI MoM & YoY, Core PPI MoM & YoY, Jobless Claims, Continuing Jobless Claims, Jobless Claims 4-Week Average, PPI Ex Food Energy, and Trade MoM & YoY, and Export Sales at 7:30 A.M., EIA Natural Gas Storage at 9:30 A.M., 4-Week & 8-Week Bill Bill Auction […]
Netflix – To Be Or Not To Be?
Summary Netflix shows strong technical indicators with 100% buy signals, a 103.86% gain in the last year, and a Trend Seeker buy signal. Fundamental factors include a market cap of $390 billion, a P/E ratio of 51.71, and expected revenue growth of 15.30% this year. Analysts are mixed with 23 strong buys, 14 holds, and […]
Adobe Earnings Breakdown
Adobe (ADBE) reported adjusted EPS of $4.81 in Q3, exceeding market estimates of $4.67. The company has beat street estimates in each of the last 8 quarters. Results came in 3% higher than expectations, which is about in line with the 8 quarter average (orange line). Earnings grew 13% over last year, which is below […]
Texas House proposes bill to establish Strategic Bitcoin Reserve
Key Takeaways Texas lawmakers proposed a bill to establish a state Bitcoin reserve for taxes, fees, and donations. The legislation aims to encourage Bitcoin miners to pay taxes using digital assets and hedge against inflation. Share this article Texas lawmakers introduced legislation Thursday to establish a Strategic Bitcoin Reserve that would allow the state to […]
Stocks Struggle For Gains After Inflation Report
Stocks are struggling for direction at midday, after this morning’s hotter-than-expected PPI reading and initial jobless claims that rose to a two-month high of 242,000. The Dow Jones Industrial Average (DJI) has reversed its premarket losses, up a modest 18 points at last look. Though the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) have pared some […]
Silver’s Evolving Market: Bright Prospects And Lingering Challenges
Silver is stepping back into the spotlight, glinting with the promise of rising prices, surging demand, and shifting market dynamics. Building on insights from my previous article, “Silver Worth $150-$170? Facts to Make the Case for a Major Price Surge,” it’s clear the metal isn’t just playing second fiddle to gold, it’s tuning up for […]
Microcap Opportunities Analyzed With StoryTrading’s 4-Pillar Strategy
Macro Review Today’s market action is set against a backdrop of shifting sentiment and pivotal economic events. Investors are closely monitoring developments around rare-earth metals as China’s export restrictions heighten attention on domestic supply. Meanwhile, the biotech sector is buzzing with anticipation for key data releases. These trends are shaping the trajectory of our top […]
Elliott Wave Technical Analysis: ASX Limited – Thursday, Dec. 12
ASX: ASX LIMITED – ASX Elliott Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) ASX LIMITED – ASX. We see ASX LIMITED possibly pushing lower with wave ((ii))-navy, and then wave ((iii))-navy could move higher.ASX: ASX LIMITED – ASX 1D Chart (Semilog Scale) AnalysisFunction: Major (Minor degree, gray)Mode: MotiveStructure: […]
