Marvell Stock Analysis: Overvalued Or Undervalued?
Dec 04, 2024
Jeremy Parkinson
Finance
↵Image Source: Pixabay Marvell Technology Inc (Nasdaq: MRVL) says continued strength in its custom AI chips business helped it beat Street estimates in its third financial quarter.Shares of the semiconductor behemoth have more than doubled since early August – but Wall Street remains convinced that they still haven’t gotten ahead of themselves.Analysts expect Marvell stock to extend its […]
3 Dividend Kings You’ve Never Heard Of
Dec 04, 2024
Jeremy Parkinson
Finance
Image Source: Pixabay Dividend Kings are stocks that have grown their dividends for at least 50 consecutive years.Many of the stocks that comprise the Dividend Kings are global conglomerates. These industry giants are also mega-cap stocks with market caps above $200 billion.But there are many smaller Dividend Kings that fly under the radar for most investors, […]
Wall Street Logs Record Closes As Tech Stays Hot
Dec 04, 2024
Jeremy Parkinson
Finance
Stocks resumed their uptrend today, with the all three major benchmarks each scoring record closes. The Dow logged its first-ever close above 45,000, while the tech-heavy Nasdaq marked its eighth win in the last nine sessions. Optimism on Wall Street rang so high today that investors mostly shrugged off comments from Fed Chair Jerome Powell, who […]
The 2024 Destruction Of Small Business Employment In Pictures
Dec 04, 2024
Jeremy Parkinson
Finance
Data from ADP, chart by Mish Please consider the ADP® National Employment Report for November 2024. While overall growth for the month was healthy, industry performance was mixed. Manufacturing was the weakest we’ve seen since spring. Financial services and leisure and hospitality were also soft. The focus of this report is on small businesses. I believe part of […]
The Bipolar Economy
Dec 04, 2024
Jeremy Parkinson
Finance
Image Source: Pexels During COVID, services and manufacturing decoupled and now the manufacturing sector is behaving as if it’s coming out of a recession.Video Length: 00:12:46More By This Author:China Issues Eurodollar Bonds Presidential Election Cycle And Markets Question Time: Making Sense Of Crypto
The Roots Of Debanking
Dec 04, 2024
Jeremy Parkinson
Finance
Image Source: Pexels There has been a great deal of recent discussion of the problem of debanking. Most of what I’ve read seems to miss the root causes of the problem; debanking is a symptom of deeper problems with our system of governance. The problem cannot be fixed through “regulation”, because the problem is caused by regulation.Debanking […]
Will China Move Markets Next?
Dec 04, 2024
Jeremy Parkinson
Finance
Image Source: Pexels In this short clip, Samantha LaDuc discusses the potential impact of the upcoming Chinese economic stimulus on global markets, emphasizing its importance for Chinese stocks and the broader bullish momentum in December.She highlights key resistance levels and options activity, advising caution while noting the market’s sensitivity to fiscal announcements from China.Video Length: 00:05:17More […]
Gold Stocks And Gold – Looking At The Forest
Dec 04, 2024
Jeremy Parkinson
Finance
The market action suggests that the corrective upswing is maturing and likely about to end. How can we tell? Silver.Silver is outperforming today, while miners are no longer doing so. In yesterday’s Gold Trading Alert, I wrote about the likely reason behind the rally in silver and miners (and the same applied to the copper market): […]
The Race For 20% Yields: Can These New ETFs Lead The Pack?
Dec 04, 2024
Jeremy Parkinson
Finance
Image Source: Pixabay As the ranks of option strategy ETFs continue to grow, it’s interesting to see which strategies fund sponsors will pick to set their ETFs apart from the crowd. The Defiance Income Target ETFs definitely follow a different approach. It will be interesting to see how they work out as they build up time […]
Fed Chair Powell calls Bitcoin a competitor to gold, not the US dollar
Dec 04, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Fed Chair Powell views Bitcoin as a competitor to gold, not the US dollar. Fed Chair Powell signals cautious approach to rate cuts as markets expect a 25 basis point reduction in December Share this article Federal Reserve Chair Jerome Powell, speaking at the New York Times DealBook Summit on Wednesday, addressed Bitcoin […]