Author Archive: Jeremy Parkinson
ETH/USD Forecast: Ethereum Awaits Momentum
Ethereum has gone back and forth during the trading session here on Monday, as we continue to dance around just below the 50 day EMA. This is a market that I think continues to see the $3,400 level as a bit of a magnet, if you will, of price. This is a market that if […]
Natural Gas Prices Surged 20% On New Year’s Eve
Image Source: Unsplash The Dow Jones Industrial Average (US30) decreased by 0.97% at Monday’s close. The S&P500 Index (US500) was down 1.07%. The Nasdaq Technology Index (US100) fell by 1.28%. Stocks in the US closed sharply lower on Monday, extending the decline after Friday’s selloff. The decline had no specific news catalyst, although low holiday trading […]
Stock Market Top Is Very Bullish For Gold & Gold Miners
Image Source: Pixabay Gary Tanashian discusses current market conditions and trends and what could transpire in 2025.There is growing risk of a market top and downturn, which would be very bullish for precious metals. He is not bullish yet but is anticipating these developments.Video Length: 00:36:48More By This Author:Opportunity Approaching In Gold, Silver & Gold Stocks Gold […]
Leveling Up: Gaming’s Unstoppable Growth In 2025
Image Source: Pixabay The gaming industry is firing on all cylinders, and 2025 is shaping up to be another monumental year. From the explosive growth of indie games to the evolution of AAA titles and the transformative power of AI, there’s so much to unpack. Let’s dive into what’s happening in the world of gaming and […]
Credit Card Defaults Surge To The Highest Level Since The Great Recession
Image Source: Unsplash Credit card defaults are up 50 percent from a year ago.All Is Not Well for Lower Income GroupsPlease note US Credit Card Defaults Surge to Highest Level Since 2008 Defaults on US credit card loans have hit the highest level since the wake of the 2008 financial crisis, in a sign that lower-income consumers’ […]
Current Report: Kobe Steel
Image Source: Unsplash Kobe Steel Ltd (KBSTF) is a Japan-based company that is primarily engaged in iron and steel, aluminum and copper, construction machinery, nonconstruction machinery, and engineering businesses.Its iron and steel business involves the production of steel products, steel casting and forging, and manufacturing of titanium and steel powder.Its aluminum and copper segment manufactures aluminum […]
What If? Thoughts On The No Excess Demand Scenario
It’s become commonplace to assert that the passage of the American Rescue Plan ignited inflation, dooming the prospects for the Biden and Harris candidacies. Consider this piece: The least contentious point of criticism is the macroeconomic effect of the ARP, specifically on the issue that has wreaked havoc on the Biden administration, doomed progressive policies in […]
Scenarios For 2025
Over the past couple of weeks and into the next few weeks, you will likely be inundated with economic forecasts and stock market scenarios for 2025. We do not want to add to your pile of scenarios, but we think it may be valuable to share the latest thoughts from our colleague Jim Colquitt of […]
Forex Today: Japanese Yen Advances As Sour Risk Mood Closes Out 2024
Image source: Pixabay Risk appetite continues to be hit as stocks and risky assets are sold as the year-end rally evaporates. The end of year risk-on rally has vanished, with stock markets falling since Friday and Bitcoin trading near the December low. Traders had hoped for a “Santa Claus rally” which would extend the strong gains […]
EUR/USD Price Analysis: Immediate Resistance Appears At Nine-Day EMA Above 1.0400
EUR/USD may depreciate further as the short-term price momentum is weaker. The initial support appears at its two-year low of 1.0332, recorded on November 22. The nine-day EMA acts as immediate resistance at the 1.0417 level. EUR/USD recovers its recent losses from the previous session, trading around 1.0410 during the European hours on Tuesday. A […]
