Dollar Stores, A Bellwether Spending Store, Starting To See Signs Of Belt-Tightening
Dec 22, 2024
Jeremy Parkinson
Finance
Image Source: Pixabay Dollar Stores Are Flashing a Warning Sign About Lower-Income Consumers. WSJ, Jinjoo Lee. Belt tightening from Customers at Dollar stores.Inflation has eased, wage growth has been decent and Americans on average still have more in savings than they used to pre-pandemic. Some might even say the economy has reached a much-vaunted “soft landing.” Low-income consumers, though, […]
“I’d Be A Bum On The Street With A Tin Cup If The Markets Were Always Efficient.” – Warren Buffett
Dec 22, 2024
Jeremy Parkinson
Finance, No picture
“Try to be fearful when others are greedy and greedy only when others are fearful.” – Warren Buffett Market Commentary: The pullback looked too telegraphed – some presents were seemingly gift wrapped and delivered. We found a couple of excellent set-ups in top-ranked Magnet stocks in an overall disturbing market. The broad market selloff hit almost all […]
Short Squeeze Vs. New Upleg
Dec 22, 2024
Jeremy Parkinson
Finance
S&P 500 ran on the below-expectations core PCE excuse, yet stopped at my final 6,050 resistance – the squeeze I did expect before the opening bell, its magnitude was though great, reaching around half of Wednesday‘s FOMC 4hr red candle. More By This Author:Too Labored BottomingSheer Panic Hawkish UncertaintySigns Of 2024 SPY Topping Out
Weekly Forex Forecast – Sunday, Dec. 22
Dec 22, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Fundamental Analysis & Market Sentiment I previously wrote on Sunday, Dec. 15, 2024 that the best trade opportunities for the week were likely to be: Long Bitcoin in US dollar terms following a daily (New York) close above $103,647. This set up on Sunday, but Bitcoin then fell by 7.63%. Short of the EUR/USD currency pair following a daily […]
Uncover These 5 Undervalued Tech Giants Before They Skyrocket In 2025
Dec 22, 2024
Jeremy Parkinson
Finance
Image: BigstockThe technology sector continued its winning streak in 2024, driving exceptional stock market performance throughout the year. The Nasdaq Composite Index, with more than 50% weight in technology stocks, outpaced the broader S&P 500 and Dow Jones Industrial Average indexes year-to-date.While the S&P 500 has risen nearly 23% and the Dow Jones Industrial Average increased […]
The 3 Worst Performing Dividend Kings In 2024
Dec 22, 2024
Jeremy Parkinson
Finance
Image Source: PixabayMany of the stocks crowned as Dividend Kings performed decently in 2024. They should mostly finish with a positive return in 2024, albeit only in the mid-single digits, barring a year-end meltdown. They are currently up about 6.7%, giving the group their fourth positive return in four years.The 3 worst-performing Dividend King stocks in 2024 were […]
Weekly Technical Update: S&P 500 – Sunday, Dec. 22
Dec 22, 2024
Jeremy Parkinson
Finance
Image Source: PexelsThis past week was an interesting one, and I will attempt to unpack a great deal of information about it in this video, especially in regards to the S&P 500. Traders should keep in mind that the markets are and will continue to be in ‘holiday mode’ for the next two weeks. This is likely to keep […]
A Rather Scary Sell-Off
Dec 22, 2024
Jeremy Parkinson
Finance
Image Source: PixabayWednesday saw quite the sell-off. It was rather scary because it happened so fast. However, the good news was that the SPX index found support at an important short-term level, and the market seemed to become very oversold.The PMO Index has now reached the extreme low of its range. When the PMO reaches this level, it is way too late […]
Pfizer: Guidance Reaffirmed, Nice Yield. What’s Not To Like?
Dec 22, 2024
Jeremy Parkinson
Finance
Image Source: UnsplashPfizer Inc. (PFE) recently released its full-year 2025 guidance and reaffirmed its 2024 outlook, aligning with Street expectations. Not that I had any doubt, but boy am I glad to see my faith in the company is well-placed, observes Keith Fitz-Gerald, editor of 5 With Fitz.Pfizer anticipates 2025 revenue to range between $61 billion and $64 billion, […]
Maximizing Gains In Volatile Markets
Dec 22, 2024
Jeremy Parkinson
Finance
Image source: PixabayIn this short video, I discuss how to navigate the highs and lows of market volatility with strategies that balance risk and reward. Learn to harness both chaos and calm for consistent trading success.00:04:32More By This Author:How Volatility Impacts Butterfly TradesNavigating Market Sentiment With LVN BreachesVolatility’s Impact On Trading Decisions