ChainLink Is Moving As Anticipated For The Last Year
Dec 23, 2024
Jeremy Parkinson
Finance
ChainLink with ticker LINKUSD is moving nicely as anticipated for the last year, so we want to share an educational article on how we have been tracking it. Here is the free chart from January of 26, when we were tracking wave (4) correction within an ongoing five-wave bullish cycle.On February 07 we actually spotted final […]
Central Banks Will Prioritize Government Spending Over Inflation In 2025
Dec 23, 2024
Jeremy Parkinson
Finance
Image Source: Pexels The independence of central banks has been under question for many years. However, the disappearance of “higher for longer” in 2024 erased any doubt about the monetary authorities’ lack of independence.The Federal Reserve panicked in June 2024 and decided to delay the normalization of its balance sheet, coinciding with a period of massive […]
Asian Stock – MIXI
Dec 23, 2024
Jeremy Parkinson
Finance
TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: MIXI IncorporatedBloomberg ticker: 2121 JPMarket cap: US$1,488mBackground: MIXI Incorporated provides mobile games and social networking platforms to customers in Japan. World Class Benchmarking of MIXI Inc Profitable Growth rank of 5 was same compared to the prior […]
Market Signals For The U.S. Stock Market And Indian Stock Market – Monday, Dec. 23
Dec 23, 2024
Jeremy Parkinson
Finance, No picture
The S&P Nifty fell last week. Indicators are bearish for the week. Markets are topping. We are transitioning from an inflationary regime to a deflationary one. The sentiment is bearish, and risk-reward is poor at these levels as divergences develop. Carry trade liquidation may resume even as we enter a seasonally strong period. The Nifty has corrected from recent highs […]
Sensex Today Ends 500 Points Higher; Nifty Tops 23,750
Dec 23, 2024
Jeremy Parkinson
Finance
Indian share markets traded in green throughout the trading session and ended on a strong footing.Benchmark indices Sensex and Nifty surged, driven by gains in banking and IT stocks, as global markets were uplifted by softer US inflation data.At the closing bell, the BSE Sensex stood higher by 499 points (up 0.6%).Meanwhile, the NSE Nifty closed higher by 166 […]
Gold May Face A Bumpier Road In 2025 But $3K Is Still In Sight
Dec 23, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Gold looks to end 2024 with a stellar gain, currently up 27% year-to-date, matching the Nasdaq 100’s rise Headwinds for early 2025 include weaker currencies in China and India, strong bond yields and a resilient US dollar Gold’s appeal as a store of value, inflation and geopolitical tensions could eventually help push […]
BTC Report: MicroStrategy Acquires 5,262 More BTC, Holdings Now 439,000 BTC
Dec 23, 2024
Jeremy Parkinson
Finance
Image Source: Pexels As Bitcoin (BITCOMP) continues to navigate a volatile market, recent developments highlight both challenges and opportunities within the cryptocurrency landscape. Major acquisitions, regulatory changes, and significant price fluctuations have influenced market movements.MicroStrategy (Nasdaq: MSTR) has cemented its position as “the” major Bitcoin holder, while the market faces headwinds following a large-scale sell-off. Meanwhile, Chainlink and […]
Don’t Let The Year-End Bearish Action Distract You
Dec 23, 2024
Jeremy Parkinson
Finance
Image Source: Pixabay If the year-end bearish action is throwing you off, I have some advice, courtesy of my dad.While my brother and I were growing up, our dad often used analogies, anecdotes, and old sayings to get his point of across when teaching us valuable life lessons. One of my favorites is, “Keep your eyes […]
Durable Goods Orders Tumbled In November, But…
Dec 23, 2024
Jeremy Parkinson
Finance
It was the best of times, it was the worst of times…The preliminary headline US durable goods order data for November shows a much worse than expected 1.1% MoM decline (-0.3% exp) which dragged orders down 6.3% YoY on fewer orders for commercial aircraft.Source: BloombergBut, orders placed with US factories for business equipment rebounded in November, posting the strongest monthly advance in over a […]
US Stocks Set To Top Asset Class Returns For 2024
Dec 23, 2024
Jeremy Parkinson
Finance
Image Source: Pexels American shares are poised for another year of leading global markets by a hefty margin, based on a set of ETFs through Friday’s close (Dec. 20). Echoing results in 2023, US stocks in 2024 will likely take the performance crown with a red-hot gain for a second straight calendar year.With just days left in the […]