It All Comes Down To This For Gold
Dec 06, 2024
Jeremy Parkinson
Finance
I have been writing about this since 2015.Gold must outperform the stock market to be in a secular bull market.A few years ago, I modified the concept to include Bonds. Gold must outperform the conventional 60/40 investment portfolio (60% Stocks, 40% Bonds) to be in a secular bull market.The 1960s is the only outlier to […]
What Investors Should Know About Political Turmoil In France
Dec 06, 2024
Jeremy Parkinson
Finance
Image Source: Pixabay On the latest edition of Market Week in Review, Investment Strategist BeiChen Lin discussed the ouster of France’s prime minister and the potential market implications. He also provided an update on the health of the U.S. economy. French bonds under pressure amid political chaos Lin began by unpacking the latest developments from France, […]
Stocks And Precious Metals Charts – New All Time Highs
Dec 06, 2024
Jeremy Parkinson
Finance
Stocks rallied to new all time highs.VIX fell to a near term low.Gold and silver were hit with selling as befits a Non-Farm Payrolls event, although they managed to bounce back a bit.Have a pleasant weekend. More By This Author:Stocks And Precious Metals Charts – NFP Report For November Stocks And Precious Metals Charts – […]
Economic Updates And CEO Assassination
Dec 06, 2024
Jeremy Parkinson
Finance
Image Source: Pexels Financial news for the week included economic reports and assassination of UnitedHealthcare CEO.Video Length: 00:13:33More By This Author:Rising Inflation Threatens Annuities The Bipolar EconomyChina Issues Eurodollar Bonds
Multiple Confirmations – Are You Ready?
Dec 06, 2024
Jeremy Parkinson
Finance
In my yesterday’s Gold Trading Alert, I wrote that we had some clues regarding the end of the corrective upswing.We saw an invalidation in the GDXJ (of the tiny move to new short-term highs), and before that silver outperformed on a short-term basis, which was also a bearish indication. Today, we got some more. Today, miners are […]
Bitcoin Breaks New All Time High Over $100,000
Dec 06, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Bitcoin has reached a brand new all-time high, surpassing the $100,000 mark for the first time.The world’s leading cryptocurrency saw its value surge amid optimism that US President-elect Donald Trump might introduce crypto-friendly policies.This historic achievement came just hours after Trump announced his plan to nominate former SEC commissioner Paul Atkins to lead the […]
Tech Stands Tall As S&P 500, Nasdaq Nab Weekly Wins
Dec 06, 2024
Jeremy Parkinson
Finance
The first full week of December ended with a lot of the same themes. Tech stayed hot, powering the Nasdaq to a 3% weekly win and fourth record close of the week. The Dow pared modest gains to finish lower for the session and week. The S&P 500 hit an intraday record high and snagged […]
Up More Than 500% In 2024, Can SoundHound Stock Keep Rising?
Dec 06, 2024
Jeremy Parkinson
Finance
Photo by Steve Johnson on Unsplash Few stocks have enjoyed the type of run that SoundHound AI (Nasdaq: SOUN) has this year. The AI stock, which specializes in AI voice technology, is up about 540% this year, and has more than doubled in just the past month.SoundHound AI stock surged higher again on Thursday, rising some 33% to over $13 per […]
The Average Age Of Cars Keeps Rising But People Can’t Afford Maintenance
Dec 06, 2024
Jeremy Parkinson
Finance
Average Age of Cars Keeps RisingThe Wall Street Journal reports Americans’ Cars Keep Getting Older—and Creakier There have never been as many on the road—around 290 million light vehicles—and they have never been so old. One reason for that is good news: They are better made. Getting the odometer past 100,000 miles has gone from being […]
How Does A Recession Actually Start?
Dec 06, 2024
Jeremy Parkinson
Finance
Image Source: Pexels Recessions are a process and what past episodes all have in common is one key ingredient. Rather, one element that comes up missing every time. This critical factor doesn’t just end up being the difference between downturn and full-blown contraction, it also turns a recession into a depression. And we’ve got the data […]