Author Archive: Jeremy Parkinson
Chinese Central Bank Resumes (Official) Gold Purchases China Likely Has More Gold Than Reported
After a six-month pause, China’s central bank officially resumed gold purchases in November. According to data released by the People’s Bank of China, it added about five tons of gold to its reserves in November. China was the biggest central bank gold buyer in 2023, but it stopped announcing increases to its reserves in May. Even with the […]
Unlocking ASX Trading Success: Amcor Plc
AMCOR PLC – AMC Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with AMCOR PLC – AMC. We see ASX:AMC possibly pushing a little lower in the short term, then possibly starting to push higher with a 3-grey wave.AMCOR PLC – AMC 1D Chart (Semilog Scale) AnalysisFunction: Major trend (Intermediate degree)Mode: […]
DWF Labs launches $20 million AI agent fund
Key Takeaways DWF Labs has launched a $20 million fund to support AI agent development in the Web3 space. The fund offers up to $100,000 in cloud credits and aims to integrate AI applications into decentralized networks. Share this article DWF Labs, a leading market maker and investor in the digital economy, has introduced a […]
Why O.XYZ believes the journey towards true AI privacy is a much bigger task than we think
Share this article By Ahmad Shadid, Founder of O.XYZThere’s no doubt that we’re seeing unparalleled advancements in artificial intelligence, but beneath all this progress lies an unsettling reality: AI, as we know it, is far from private.Dominated by a handful of centralized powerhouses—our AI landscape revolves around the proprietary models of Google, Microsoft, Amazon, Meta, […]
Why The S&P Will Drop 25% In 2025
It’s been a great time in the market with the S&P +31.46% over the last year. But – for a number of reasons – I suspect 2025 will surprise many in being a bad year with the S&P dropping 25%.The first reason is extreme overvaluation. We are frequently told that the S&P is trading at […]
Is The Downshift In US Inflation Stalling?
Disinflation has stalled recently, but economists are debating if this is a temporary blip that will soon give way to a softer trend. Tomorrow’s consumer price report for November will be widely read for an update.The consensus forecast anticipates that the trend will more or less hold steady. The year-over-year change in headline consumer prices […]
Microsoft shareholders to vote on Bitcoin investment proposal in an hour, what we should expect?
Key Takeaways Polymarket traders anticipate that Microsoft shareholders are unlikely to support the Bitcoin investment proposal. If approved, a 1% allocation to Bitcoin would make Microsoft the 10th largest public company holding Bitcoin. Share this article Microsoft’s shareholder vote on the Bitcoin investment proposal is approaching, but prediction market traders see only a small chance […]
Tesla Stock Nears ATH In Massive Turnaround Year, But How Far Can It Go?
Confidence in FSD robustness seems to be the name of the game for Tesla holders.On Monday, TSLA stock briefly hit $404.19 per share, closing in on Tesla’s all-time high price of $409.97 in November 2021. Expectedly, Tesla (TSLA) stock rallies from largely negative returns throughout the year. Over the last 30 days, TSLA shares went […]
The Energy Report : Mysterious China
Oil prices rose yesterday on Middle East uncertainty after the fall of Bashar al-Assad in Syria as well as expectations that China will stimulate their economy with lower interest rates thereby increasing oil demand.The Red Dragon is a mysterious place but mostly because of its crazy energy demand. More predictions of peak Chinese oil demand […]
Elliott Wave Live: Dollar Index At Support Ahead Of US CPI Week
Good day, everyone!I hope you had a wonderful weekend. My family and I spent time decorating for Christmas and even went ice skating, so it was a lovely weekend. I hope you also had a chance to relax and are ready for some market action in the coming days.This week brings plenty of important events, […]
