Financial Markets Report For Tuesday, Feb 4
Feb 04, 2025
Jeremy Parkinson
Finance
Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, February 4.Video Length: 00:13:28More By This Author:Metal Markets Report For Monday, Feb 3 Financial Markets Report For Monday, Feb 3 Metal Markets Report For Thursday, Jan 30
Can The Surge In Amazon Stock Continue As Q4 Earnings Approach?
Feb 04, 2025
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashInvestor sentiment has remained high for Amazon (AMZN – Free Report) stock since the company’s announcement of a record holiday season in terms of both sales and items sold.Amazon is still the most prosperous e-commerce enterprise with an edge over eBay (EBAY – Free Report) and even indirect global competitors Alibaba (BABA – Free Report) and JD.com (JD – Free Report). Furthermore, Amazon Web Services […]
3 Ways To Protect Your Money From Trump’s Tariffs
Feb 04, 2025
Jeremy Parkinson
Finance
Image Source: PexelsEveryone in the Americas has been buzzing about the Trump administration slapping tariffs on Mexico, Canada, and China.The Wall Street Journal called President Trump’s tariff policy “The Dumbest Trade War in History.”Given that allies Mexico and Canada were hit with 25% tariffs and China is receiving only a 10% tariff, the Journal may be understating it.Yesterday, Trump […]
Chevron Dividend Increase
Feb 04, 2025
Jeremy Parkinson
Finance
Image Source: PixabayOn 31 January, Chevron (CVX) increased its dividend by 4.91%, from $1.63 to $1.71 per share. The dividend is payable on 10 March to shareholders of record on 14 February. CVX’s contribution to DivGro’s projected annual dividend income will increase by $11 to $521.I own 175 shares of CVX at an average cost basis of $111.38 per […]
Fourth (Maybe Third) Largest Tax Increase Ever – China 2025 Tariffs
Feb 04, 2025
Jeremy Parkinson
Finance
Image Source: PexelsNo tariffs yet on Canada, Mexico (and EU for that matter). Still, 10% on $427 bn imports (on top of previous tariffs) is a big deal.Notes: Tax increase associated with announced Trump tariffs on China assuming a unitary price elasticity of import demand (tan bar), and assuming zero (tan bar plus orange bar). ACA revenue […]
This Week’s Economic Data Could Drive The Market’s Next Big Move
Feb 04, 2025
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashStocks finished the day higher in another volatile trading session. Most gains came following the JOLTS report, which was weaker than expected at 7.6 million versus estimates of 8.0 million. Meanwhile, last month’s numbers were revised to just over 8.1 million. The JOLTS numbers are so difficult to predict and have such significant revisions […]
EUR/USD Bounces As Market Pressures Abate
Feb 04, 2025
Jeremy Parkinson
Finance
Image Source: Pixabay EUR/USD gained 0.8% on Tuesday as trade wars turn hypothetical. President Trump’s tariff bluffs have been called by the markets after several delays. European economic data remains thin this week. EUR/USD lurched higher by eight-tenths of one percent on Tuesday, regaining lost ground but failing to recapture the 1.0400 handle. Fiber has snapped a six-day […]
Gold Price Capitalized US Dollar Weakness As Trade Tensions Loom
Feb 04, 2025
Jeremy Parkinson
Finance
Image Source: Pixabay Gold hits an all-time high of $2,845, gaining over 1% as trade war fears intensify safe-haven demand. Chinese retaliatory tariffs on US goods and export controls amplify market uncertainties. Upcoming Fed speeches may influence gold’s trajectory, with potential hawkish shifts tempering gains. Gold reached a record high of $2,845 late Tuesday during the […]
Index Technicals (Bearish) Diverge To Price
Feb 04, 2025
Jeremy Parkinson
Finance
Markets posted gains sufficient to close breakdown gaps – sufficient to negate these gaps as breakdowns – but leaving indices stuck in broader trading ranges.The Russell 2000 (IWM) is a case in point. Today saw a ‘sell’ trigger for On-Balance-Volume, following on from ‘sell’ triggers in Stochastics and +DI/-DI. Only the MACD is hanging on, […]
The Bulls Backed Down The Bears (Again) – Here’s What To Do
Feb 04, 2025
Jeremy Parkinson
Finance
Image Source: Pexels Another week… another gap down to start. This time, however, the bulls reasserted control of the tape much more quickly than before, and now we see stocks pressing back and onward to new highs.I said last week that I expected software to emerge as a leader in the wider tech sector, and I […]