Author Archive: Jeremy Parkinson
Multiple Confirmations – Are You Ready?
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
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
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?
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 $13 per […]
The Average Age Of Cars Keeps Rising But People Can’t Afford Maintenance
Average Age of Cars Keeps RisingThe Wall Street Journal reports Americans’ Cars Keep Getting Older—and Creakier There have never been as many on the road—around 290 million light vehicles—and they have never been so old. One reason for that is good news: They are better made. Getting the odometer past 100,000 miles has gone from being […]
How Does A Recession Actually Start?
Image Source: Pexels Recessions are a process and what past episodes all have in common is one key ingredient. Rather, one element that comes up missing every time. This critical factor doesn’t just end up being the difference between downturn and full-blown contraction, it also turns a recession into a depression. And we’ve got the data […]
Yellen calls for stronger crypto oversight in final financial report before Trump takes office
Key Takeaways Yellen calls for stronger crypto oversight in FSOC’s final report before Trump’s term. Trump’s pro-crypto appointments, including David Sacks as “Crypto Czar” and Scott Bessent as Treasury Secretary, signal a potential shift toward lighter regulation. Share this article Treasury Secretary Janet Yellen has called for stronger oversight of crypto and stablecoins in the […]
Business Cycle Indicators – Employment For November 2024
Here are some key indicators followed by NBER’s BCDC, including employment for November (227K vs. 202K consensus, 194K vs. 160K consensus, for NFP, and private NFP respectively). Figure 1: Nonfarm Payroll (NFP) employment from CES (blue), implied NFP from preliminary benchmark (bold blue), civilian employment (orange), industrial production (red), personal income excluding current transfers in Ch.2017$ […]
3 High-Risk High-Reward Stocks To Buy For 2025
Image courtesy of 123rf.com These stocks gave investors ample gains throughout the year depending on particular market entry and exit points. Now that they are relatively suppressed, is it time to plunge? Even the highly-performing MicroStrategy stock could still be viewed as a major profit-maker, provided that they make strategic moves on time. Stratasys, Ltd. (Nasdaq: […]
The 10 Stocks Up More Than Bitcoin
As you can see in the chart below, bitcoin’s move up towards $100k leaves the cryptocurrency up 1,219% over the last five years: We looked at stocks in the Russell 3,000 to see how many have done even better than bitcoin over the last five years. Of the stocks in the index with market caps of more […]
