Author Archive: Jeremy Parkinson
Sensex Today Ends 109 Points Lower; Nifty Below 23,650
After opening the day weak, the Indian benchmark recovered some losses as the session progressed and ended the day lower.Benchmark Indian equity indices BSE Sensex and NSE Nifty50 were lower amid rangebound trading on the bourses on Tuesday.At the closing bell, the BSE Sensex closed lower by 109 points (down 0.1%).Meanwhile, the NSE Nifty closed flat at 23,644.ONGC, […]
The Car Market Bubble Is Collapsing
Image Source: Unsplash A plunge in Chicago kicks off more concerns over the global car business. Layoffs and plant closures keep coming as automakers are having enormous difficulties first aligning their businesses with the lack of recovery. On top of that, more indications beside Chicago pour in showing falling cyclical demand for cars, too.Video Length: 00:19:52More […]
MIRA dad Siqi Chen faces backlash over controversial ZERO token launch
Key Takeaways Siqi Chen launched the ZERO token with a warning but it still reached huge value before crashing. Chen faced accusations of a rug pull despite claiming to buy back and burn the tokens. Share this article Runway CEO Siqi Chen, father of little Mira, a four-year-old facing a rare brain tumor, has faced […]
Silver Forecast: Continues To Fail At Crucial Levels
During my daily analysis of the commodity market, the chart that really stands out, perhaps with the exception of the natural gas market, is the silver market. This is because silver, for lack of a better phrase, “looks like death.” Ultimately, silver is very sensitive to interest rates, as well as a whole plethora of […]
US Home Prices Surge To 17th Consecutive All-Time High
US home prices in the 20 largest cities rose 0.32% MoM in October (the latest data from S&P CoreLogic Case-Shiller), considerably hotter than the 0.22% rise expected. However, despite the MoM beat, the pace of annual acceleration has declined to its slowest since Sept 2023…Source: BloombergSo 100bps of rate-cuts prompted a reacceleration in home prices……despite […]
EUR/USD Analysis: Price Completes Losses At The End Of 2024
Bulls failed again to push the EUR/USD price higher in the last trading of 2024 as it tried to rebound towards the resistance level of 1.0458. With no strength factors, the EUR/USD price returned in its broader downward path, settling down around the support level of 1.0372, near its lowest in two years. Furthermore, the […]
3 Top-Ranked Goldman Sachs Mutual Funds For Amazing Returns
Image Source: Unsplash Goldman Sachs Asset Management (GSAM) is a world-renowned company that has been providing investment management, portfolio design, and advisory services to individual and institutional investors worldwide since 1988. Its strategies span asset classes, industries, and geographies. As of March 31, 2024, GSAM had $2.6 trillion in assets under supervision worldwide.The fund has more […]
Nvidia: A Little Worrisome
Image Source: Unsplash We said in May 2023 that we expected Nvidia to turn into the “Stock Market’s AI Darling.” And boy has it. [Nvidia back then and see how it’s turned out.] Nvidia has become the world’s largest company by market cap. And AI is front and center on everybody’s radar now. The stock is up multiples […]
US Equity Futures Rebound As Markets Reflect On 2024 Gains Amid Rate And Policy Uncertainty
US equity futures signaled a rebound on Tuesday, with gains across major indices suggesting a strong finish to a year marked by significant growth and resilience. The S&P 500 and Nasdaq 100 futures rose 0.4%, while Dow Jones futures added 75 points, reflecting optimism in markets as 2024 draws to a close. Traders are assessing […]
EUR/USD Forex Signal: On The Verge Of A Bearish Breakdown
Bearish View Sell the EUR/USD pair and set a take-profit at 1.0330. Add a stop-loss at 1.0445. Timeline: 1-2 days. Bullish View Set a buy-stop at 1.0400 and a take-profit at 1.1050. Add a stop-loss at 1.0330. The EUR/USD exchange rate resumed the downtrend as investors embraced a risk-on sentiment, leading to a higher US […]
