Did You Buy The Dip?
Dec 23, 2024
Jeremy Parkinson
Finance
Last week I warned that that the Fed would be spooked by the uptick in inflation. In particular, I noted that the CPI had begun turning up after effectively flatlining for six months. See for yourself. The incoming Trump administration has made it clear that it sees the Fed as a political entity that favors the […]
Is The Fed Loosening Or Tightening And What Will It Do Next?
Dec 23, 2024
Jeremy Parkinson
Finance
Image Source: Pexels Since September, Jerome Powell’s Federal Reserve System has been cutting rates as if a financial crisis were looming. Just as in 2006, Powell raised the federal funds rate to 5.25 percent in the summer of 2023 and left it there until September of the following year. This past September, he cut rates by […]
Wall Street Bets On Lower Bond Yields In 2025, Aligning With Fed’s Outlook
Dec 23, 2024
Jeremy Parkinson
Finance
Image source: Pixabay This viewpoint suggests a prevailing expectation that the Fed will continue its easing cycle, even if the pace is slower than what some might desire. The Fed’s signal and a shifting yield curve The Fed’s signal of fewer rate cuts at its recent meeting introduces a layer of complexity to this outlook.The median […]
Ethereum Price Back In The Red: A Deeper Drop Ahead?
Dec 23, 2024
Jeremy Parkinson
Finance
Image Source: Pixabay Ethereum price extended losses and dropped below the $3,550 zone. ETH is showing bearish signs and might decline further below the $3,150 level. Ethereum started a fresh decline below the $3,550 zone. The price is trading below $3,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with […]
Apple’s Stock Nears $4 Trillion Valuation With IPhone 16 AI Boost
Dec 23, 2024
Jeremy Parkinson
Finance
Image courtesy of 123rf.com Apple Inc. (Nasdaq: AAPL) has witnessed a recent positive shift in its stock price, fueled by growing optimism regarding the iPhone 16 and its advanced AI capabilities. The tech giant is poised for a potentially record-breaking sales cycle, driven by consumer interest in the new AI features embedded in the latest iPhone models.According to […]
Softs Report – Monday, Dec. 23
Dec 23, 2024
Jeremy Parkinson
Finance
COTTON General Comments: Cotton was lower again last week and made new lows for the move and new contract lows. The trends are down. Selling has come from news that Trump will impose some big tariffs on China, but the tariffs posted were not as high as he had threatened before during the campaign. China […]
Argentine Weather Plus Chart Based Short-Covering Led To Friday’s Rally. The Corn & Ethanol Report
Dec 23, 2024
Jeremy Parkinson
Finance, No picture
We kicked off the day with Chicago Fed National Activity Index at 7:30 A.M., CB Consumer Confidence, 3-Month & 6-Month Bill Auction at 9:00 A.M., NY Fed Treasury Purchases 0 to 1 yrs. at 9:30 A.M., Export Inspections at 10:00 A.M., 42-Day & 52-Week Bill Auction at 10:30 A.M., and 2-Year Note Auction at 12:00 […]
Dow Woes Resume With Triple-Digit Drop
Dec 23, 2024
Jeremy Parkinson
Finance
The Dow Jones Industrial Average’s (DJI) end-of-the-week rebound appears to have been short-lived, as the blue-chip index falls triple digits to start the holiday-shortened week. Meanwhile, the S&P 500 Index (SPX) hangs out near breakeven, while the Nasdaq Composite Index (IXIC) manages a sturdy gain as investors unpack this morning’s economic data. December’s consumer confidence index fell […]
Santa Rally, January Effect, And Top Stock Picks
Dec 23, 2024
Jeremy Parkinson
Finance, No picture
As the final trading days of the year approach, market participants are eyeing opportunities to capitalize on seasonal trends like the Santa Rally and the January Effect. This morning’s pre-market session highlighted pivotal macro insights and top stock opportunities, using StoryTrading’s signature 4-pillar approach: ⚡Catalysts, ❤Sentiment, 📊Fundamentals, and 📈Technicals. Watch the full pre-market prep video […]
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 […]