What Lies In Store For Healthcare ETFs In Q3 Earnings?
Oct 27, 2024
Jeremy Parkinson
Finance
Image: BigstockThe healthcare sector has performed well in recent months, driven by the booming weight-loss drug treatment segment. Its non-cyclical nature, which provides a cushion to the portfolio in times of economic or political turmoil, also added to the strength.As such, ultra-popular ETFs, Health Care Select Sector SPDR Fund (XLV – Free Report), Vanguard Health Care ETF (VHT – Free Report), iShares U.S. Healthcare […]
Weekly Forex Forecast – Sunday, Oct. 27
Oct 27, 2024
Jeremy Parkinson
Finance
Image Source: Pixabay Fundamental Analysis & Market Sentiment I previously wrote on Sunday, Oct. 6 that the best trade opportunities for the week were likely to be: Long of gold in US dollar terms following a daily close above $2,685. This did not set up. Long of the S&P 500 Index following a daily close above 5,768 on a relatively large […]
Live From “Win City”
Oct 27, 2024
Jeremy Parkinson
Finance
Photo by Krissia Cruz on UnsplashAs my editor noted earlier in the week, I’m out here in Las Vegas once again. This time, it’s for the 2024 Stansberry Conference & Alliance Meeting. It seems I can’t get enough of Vegas this year.And, as I noted last on Sept. 10, I’m not even close to being alone. I wrote then […]
Alamos Gold: A Mining Stock To Target As Central Banks Pile Into Gold
Oct 27, 2024
Jeremy Parkinson
Finance
Image Source: PixabayWe live in interesting times. The price of gold has moved up more than the S&P 500 this year. Gold has been rallying despite the rebound in the US dollar. Bond yields have been rebounding, and yet gold has remained strong, too. So, what is going on? And how can Alamos Gold Inc. (AGI) potentially help you profit? Here are my […]
The 8 Largest Companies – Sunday, Oct. 27
Oct 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashHere is a brief look at the 8 largest companies by market capitalization as of Sunday, Oct. 27, 2024. Additionally, I have included the percentages of their gains on a year-to-date basis. Let’s dive into the numbers. Apple (AAPL) has a market cap of around $3.52 trillion, with year-to-date gains of approximately +20.2% Nvidia (NVDA) has a market […]
Identifying Trend Waves: Using Swing Tops & Bottoms To Spot Bullish Or Bearish Trends
Oct 27, 2024
Jeremy Parkinson
Finance
Image Source: PexelsIn this video lesson, I dive into identifying market trends and waves by analyzing the positions of swing or cycle tops and bottoms. Learn how to determine if a trend is bullish or bearish by observing where these key points form in relation to each other. This practical approach is essential for traders analyzing stock […]
Pairs In Focus – Sunday, Oct. 27
Oct 27, 2024
Jeremy Parkinson
Finance
Image Source: Pixabay EUR/USD The euro plunged during most of the trading week, but there now seems to be a little bit of support near the 1.08 level.At this point in time, the market looks as if it is trying to bounce, but there is still a lot of negativity to be found in this space. I believe […]
Philip Morris Hits Record High On Q3 Earnings Beat: ETFs In Focus
Oct 27, 2024
Jeremy Parkinson
Finance
Image: BigstockThe year 2024 is turning out to be strong for Philip Morris International (PM – Free Report). The tobacco giant surged about 44% from mid-April to early September, rebounding from a downturn earlier in the year.Philip Morris International posted robust third-quarter 2024 results on Oct. 22, wherein the top and bottom lines increased year-over-year and beat the […]
Ingram Micro Returns To Trading In Busy Week
Oct 27, 2024
Jeremy Parkinson
Finance
Image Source: www.gotcredit.com via FlickrIngram Micro and its private equity owner, Platinum Equity, sold 18.6 million shares at $22 each as the technology distributor returned to public trading in a busy week for the IPO market. Latest IPOs and Direct Listings Ingram Micro (INGM) opened on Oct. 24 at $25.28. The company had priced 18.6 million shares at $22.00. The deal size was […]
Weekly Technical Update: Nasdaq 100 – Sunday, Oct. 27
Oct 27, 2024
Jeremy Parkinson
Finance
Image Source: PexelsThe week ended with some confusion that I wasn’t necessarily expecting — that being the market putting in 5 waves down off of Friday’s highs. That tossed the cookies in the box a bit more, particularly as the futures market pushed to a new high above the minute wave 3 high just before it dropped in what […]