Author Archive: Jeremy Parkinson
USD/CHF Softens Below 0.9050 Amid Muted Trading
Photo by Claudio Schwarz on Unsplash USD/CHF declines to around 0.9030 in Tuesday’s early European session. The likelihood that the Fed will make fewer rate cuts next year might support the USD. Escalating geopolitical tension in the Middle East could boost the safe-haven flows, benefiting the CHF. The USD/CHF pair softens to near 0.9030, snapping the two-day winning […]
I Hereby Resolve… Gold And Silver In 2025
Photo by Dmitry Demidko on UnsplashAs we launch into 2025, perhaps you should resolve to get some gold and silver!If you had made that resolution last year, you’d probably be pretty pleased with yourself – assuming you followed through and kept your self-pronounced commitment.If you bought gold on January 1, 2024, you paid around $2,074 per ounce. At today’s […]
Don’t Overlook These Top Dividend Stocks Going Into 2025
Image Source: PixabayAt the moment, several stocks with enticing dividends are standing out among the Zacks Rank #1 (Strong Buy) list.With representation from various sectors, these highly ranked stocks look poised for more upside going into 2025 which magnifies their generous dividend yields. Euroseas – ESEA Starting in the transportation sector, Euroseas (ESEA – Free Report) is making the […]
The Shifting Politics Of Nationwide EV Charging
Image Source: PexelsThe state of EV charging across the nation is likely to take a drastic shift with the incoming Trump administration taking over. The only question is shift in which direction? After all, the Biden administration was well known for getting precisely nothing done on the charging front, led by Secretary of Transportation Mayor Pete. And so, […]
Crypto’s Identity Crisis: Fed’s Daly Says It’s No Gold, Needs Its Own Definition
Image Source: Pixabay San Francisco Fed President Mary Daly argues that crypto is distinct from gold. Daly stresses the need to define crypto’s purpose as a currency, exchange, or store of value. Daly and Fed Chair Powell have differing opinions on comparing bitcoin to gold. The debate surrounding the true nature of cryptocurrency continues to evolve, […]
Elliott Wave View: Dow Futures Looking For Double Correction
Image Source: PixabayShort Term Elliott Wave view of Dow Futures (YM) is looking for a larger degree correction against cycle from 3.15.2023 low in 3, 7, or 11 swing. Rally to 45183 ended cycle from 3.15.2023 low as wave ((3)) per 1 hour chart below. Wave ((4)) pullback is now in progress to correct that cycle. […]
Gold Prices Remains Unchanged As Markets Wind Down Ahead Of The New Year Holiday
Image Source: Pixabay Gold price is set to close the year with an impressive 27% gain, marking the strongest annual performance since 2010. The non-yielding metal receives downward pressure from the outlook of fewer Fed rate cuts in 2025. The safe-haven Gold remains backed by the prolonged Russia-Ukraine and Middle East conflicts. Gold price (XAU/USD) holds […]
Stocks Drop Again As Breadth Erodes Further
Image Source: UnsplashIt was another tough day for stocks, with the market down over 1%. The S&P 500 finished 1.07% lower, but the breadth numbers were particularly weak. Of the S&P 500, 470 stocks were down, 31 were up, and two were unchanged—an overwhelmingly bearish day.On the New York Stock Exchange, there were 823 more decliners […]
Financial Markets Report For Monday, Dec 30
Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, December 30.Video Length: 00:14:39More By This Author:Financial Markets Report For Thursday, Dec 26Metal Markets Report For Monday, Dec 23Financial Markets Report For Monday, Dec 23
The Canadian Cannabis Report – Monday, Dec 30
Image Source: UnsplashFor the trading week ended December 27, 2024 my proprietary Canadian Cannabis Company Index (MCCCI) was unchanged compared to the prior week when it decreased by 1.4 %. The index consists of 14 stocks, many of which are among the most widely held holdings of the 3 ETFs (MJ, CNBS, and THCX) that I […]
