Author Archive: Jeremy Parkinson
EQT: A Natural Gas-Weighted Stock Ideal For A More Disciplined Energy Industry
Photo by Timothy Newman on UnsplashBoom or bust? When it comes to energy, many investors seem undecided with a little less than two weeks to go in 2024. But the natural gas-weighted producers we’ve emphasized lately — particularly EQT Corp (EQT) and Expand Energy Corp. (EXE) — are still trading close to multi-year highs.The commodities look soft. Benchmark North American oil prices are again […]
Australian Dollar Remains Subdued Due To Thin Trading Before The Christmas Holiday
Image Source: Unsplash The Australian Dollar depreciates as the RBA may begin rate cuts in February. The RBA’s Meeting Minutes suggested that the board had grown more confident about inflation; however, risks persisted. US Dollar appreciated as Fed policymakers signaled fewer rate cuts in 2025 due to a slowdown in the disinflation process. The Australian Dollar […]
Current Report: First BanCorp
Image Source: PixabayFirst BanCorp (FBP) is a financial holding company. The company’s operating segment includes Commercial and Corporate Banking; Mortgage Banking; Consumer (Retail) Banking; Treasury and Investments; United States Operations; and Virgin Islands Operations.It generates maximum revenue from the Consumer (Retail) Banking segment, which consists of the Corporation’s consumer lending and deposit-taking activities conducted mainly through […]
November Home Sales Rise Amid Mixed Price Trends
Image Source: PexelsI’ve been looking at new and existing home sales more in tandem recently, as we are looking for a rebalancing of the market, with prices abating in existing home sales and inventory increasing, vs. new houses where prices have been slightly declining.Additionally, as usual, let me start with the important caveat that new home […]
A Wedgie For The Ages
Image Source: PexelsHere is the SPY/TLT ratio chart. I think you can imagine what this portends for 2025.More By This Author:Powerful Gap FillThe Uniform Comes OffNovo Nordisk Short
Financial Markets Report For Monday, Dec 23
Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, December 23.Video Length: 00:11:25More By This Author:Metal Markets Report For Monday, Dec 23SPDR ETF Report For Thursday, Dec 19Financial Markets Report For Thursday, Dec 19
Nasdaq 100 & S&P 500 Elliott Wave Update – Monday, Dec 23
Image Source: UnsplashReally not much to be adding to current analysis. Both the NQ and ES continue to work their way through what I’m considering as a minute ‘b’ wave within the Minor ‘a’ of intermediate 4. I update the labeling and also the Fibonacci levels. With the holiday’s upon us, I’m not expecting much of […]
EUR/USD Weakens To Near 1.0400 Amid Quiet Session
Image Source: Pixabay EUR/USD softens to near 1.0400 in Tuesday’s early Asian session. The Fed sees fewer interest rate cuts in 2025 amid a slowdown in the disinflation process. ECB’s Lagarde said the Eurozone inflation was getting “very close” to reaching 2% in the near term. The EUR/USD pair trades with mild losses around 1.0400 during the […]
GBP/USD Set To Swoon On Holiday-Shortened Week
Photo by Colin Watts on Unsplash GBP/USD held on the low side of 1.2550 on Monday. Money markets are constricting ahead of the midweek Christmas holiday. UK GDP figures slightly missed the mark to wrap up the GBP’s data docket early. GBP/USD waffled near the 1.2550 level on Monday, kicking off the holiday trading week with a third […]
Target Stock Price Tumbles: A Balanced Look At Challenges And Opportunities
Image Source: Unsplash Target’s Retail Legacy And Recent Strategy Shifts Target (ticker symbol TGT) has long been a leader in the U.S. retail market, known for blending trendy apparel, home goods, and essentials at competitive prices.The company has rejuvenated its brand, focusing on supply chain efficiency, store renovations, and omni-channel innovation rather than physical expansion.These efforts paid […]
