Price Shock Planning: What Executives Need To Know About Elasticity
Dec 28, 2024
Jeremy Parkinson
Finance
Image Source: PexelsSudden demand surges or supply chains snarls will drive prices up quickly. Businesses face two issues when this happens, First, when a price rises sharply, how long will it take for increased supply and reduced demand to nudge prices back down? The second challenge is how a company can take advantage of its own […]
Similarweb Stock Price Has Soared And Has A 21% Upside
Dec 28, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash SimilarWeb share price soared by 170% in 2024. The company’s revenue continued growing as demand rose. The stock has more upside, with the next target at $17.50 Similarweb’s (SMWB) stock price performed well in 2024 as the company’s business gained momentum. SMWB rose by over 170%, bringing its valuation to over $1.2 billion. […]
Scam ads targeting Usual Protocol emerge on Google
Dec 28, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Scammers are using fraudulent Google ads to impersonate Usual Protocol and steal crypto assets. Users are advised to manually verify website addresses to ensure authenticity and avoid scams. Share this article Scam Sniffer analysts have identified fraudulent Google ads impersonating Usual Protocol that redirect users to fake websites designed to steal crypto assets. […]
Is Optimism Too Optimistic For 2025?
Dec 28, 2024
Jeremy Parkinson
Finance, No picture
Did Santa Get Stuck In The Chimney?Last week, we discussed that the selloff heading into Christmas was the setup for the beginning of the year-end “Santa Claus” rally. On Christmas Eve, Santa arrived, pushing the markets back above the important 50-DMA. However, the market sold off on Friday to successfully retest the 50-DMA. While it […]
Opportunity Approaching In Gold, Silver & Gold Stocks
Dec 28, 2024
Jeremy Parkinson
Finance
Image Source: PixabayPrecious Metals remain in correction mode. We should be on the lookout for a low and potentially a significant low in January.Video Length: 00:09:34More By This Author:Gold Stock Breakout In 2025 Gold Stocks Setup For Huge Breakout In 2025 How Macro Changes Will Impact Gold In 2025
US Dollar Advances As Year-End Caution Lingers
Dec 28, 2024
Jeremy Parkinson
Finance, No picture
The US Dollar Index, which measures the value of the USD against a basket of currencies, is trading within a very tight range on Friday, holding near 108.00 mark. Markets remain cautious, and thin year-end trading conditions limit volatility. Incoming data from Japan and China hinted at further industrial slowdown, but the Greenback’s buoyancy persists. […]
ETHUSD Buying The Dips After Elliott Wave Double Three
Dec 28, 2024
Jeremy Parkinson
Finance
Hello traders ! In this article we’re going to take a quick look at the Elliott Wave charts of Ethereum ETHUSD published in members area of the website. As our members know ETHUSD has given us nice bullish trading setup recently. We got a pull back that has ended at the Blue Box zone,our buying area. In […]
Technical Market Report For December 28, 2024
Dec 28, 2024
Jeremy Parkinson
Finance, No picture
The good news is:Seasonally next week has been very strong. The NegativesThe first chart covers the last 6 months showing the S&P 500 (SPX) in red and a 10% trend (19 day EMA) of NYSE new highs (NY NH) in green. Dashed vertical lines have been drawn on the 1st trading day of each month. NY NH […]
Bitcoin Price Retests Support Line After Crash Below $95,000, Here’s The Next Target
Dec 28, 2024
Jeremy Parkinson
Finance
The Bitcoin price has struggled to reclaim previous price highs above $100,000, with bearish sentiment dominating the market. Currently, the Bitcoin price is retesting the support line of an Ascending Channel after crashing below $95,000. A crypto analyst has predicted that if it can hold this key support level, it could stage a recovery and skyrocket to its […]
BYD Brazil Site Rocked By Human Trafficking Allegations: What We Know
Dec 28, 2024
Jeremy Parkinson
Finance, No picture
Shocking news emerged recently as labour officials in Brazil revealed that employees from China working at a construction site linked to BYD Electric Vehicle company are believed to be victims of human trafficking activities.According to a Reuters report, these revelations have sparked controversy and raised concerns for BYD and their market in Brazil.Officials, from the […]