Author Archive: Jeremy Parkinson
FX Daily: Little Reason To Leave The Dollar Now
Image Source: Unsplash After a brief sell-off on Friday’s US jobs report, the dollar has returned bid. Helping that trend is geopolitics (Korean markets remain unsettled) and a view that central bankers in trading partners will win the race to cut rates to neutral. Here we have rate meetings in the eurozone, Canada and Switzerland, with 25bp or 50bp […]
Oil Prices Rise Amid Middle East Tensions, But Weak Demand Caps Gains
Image Source: Unsplash Oil prices were in the green as tensions in the Middle East grew after the fall of the Syrian President’s regime. OPEC’s steep production highlighted weak demand worldwide, which limited gains in prices on Monday. Rigs deployed for oil and gas in the US rose sharply last week to hit its highest […]
Elliott Wave Technical Analysis – Bitcoin Crypto Price News – Monday, Dec. 9
Elliott Wave Analysis TradingLoungeBitcoin/ U.S. dollar(BTCUSD)BTCUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: Impulseposition: Wave (3)Direction Next higher Degrees: wave VWave Cancel invalid level: Details: The five-wave rise of wave V is likely equivalent to wave (I).Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy:Wave (3) appears to have ended and the price is now entering a correction phase in wave (4), so […]
Digital Euro: The Dangers Of CBDC
Video length 00:12:25More By This Author:The U.S. Has Been In A (Real) Recession For Years Trump Wins. The Real Impact Of His Economic Plan If The U.S. Falls Into Recession, It Will Be From Years Of Government Excess
Amid Geopolitical Hotbeds, Asia Starts The Week With Cautious Optimism
Image Source: PixabayUS MARKETSLast week, U.S. equity markets maintained their fiery upward momentum, cruising into the end of 2024 with unwavering optimism despite a haze of economic, geopolitical, and central bank uncertainties. With 2025 on the horizon, the fervour within the markets shows no signs of fading, especially after Friday’s labour market data hit the sweet […]
Market Briefing For Monday, Dec. 9
Extraordinary momentum dominates a handful of specialized sectors; just happening to be in the heart of the ‘new generation’ of focus we emphasized.You may recall certain analysts and pundits minimizing or warning about what was shaping-up in Quantum Computing, SoundHound, BigBear and so on; for now they still call all that signs of excess, but […]
UnitedHealth Tragedy Opens Deep Healthcare Wounds Context News
The murder of UnitedHealth insurance chief Brian Thompson in New York City on Wednesday morning has exposed deep social wounds wrought by U.S. healthcare. Public response in some venues has been stunningly callous: the $545 billion company’s Facebook post expressing sadness over the tragedy saw users register tens of thousands of laughing reaction emojis. In a nation […]
Current Report: Bayerische Motoren Werke (BMWKY)
BMW (BMWKY) is a premium passenger car and motorcycle original equipment manufacturer, home to the brands BMW, Mini Cooper, Rolls-Royce, and BMW Motorrad. Bayerische Motoren Werke Aktiengesellschaft was founded in 1916 and is headquartered in Munich, Germany.BMW sold 2.8 million vehicles in 2023 (2.6 million being passenger cars). In terms of sales volumes, Asia and Europe […]
Amazon shareholders urge company to allocate at least 5% of its assets to Bitcoin
Key Takeaways Amazon shareholders are advocating for at least 5% of company assets to be allocated to Bitcoin. The proposal points out that Bitcoin has outperformed other assets such as corporate bonds in recent years. Share this article A group of Amazon shareholders is pushing for the company to allocate a minimum of 5% of […]
Elliott Wave Insights: Tech Giants And Major Indices Enter Key Correction Waves
SP500 (SPX), NASDAQ 100 (NDX), Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Alphabet (GOOGL), Bitcoin (BTC). Stock market Elliott Wave technical analysis and trading strategies: Apart from NVDA, indices and stock to edge higher in current trend this week. Trend Structure; in most cases markets are in the […]
