Options Trading 101 And Trades This Week
Dec 22, 2024
Jeremy Parkinson
Finance
Image Source: PixabayIn this video, we dive deep into the world of options trading, investment strategies, and wealth-building tactics tailored for the Black community. This video also includes an introductory guide to options and how to approach them. Additionally, we take a look at how various stocks performed this week.01:28:51More By This Author:Amazon 30 Years & 2 […]
Pairs In Focus – Sunday, Dec. 22
Dec 22, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Gold Gold traders have certainly been through a lot over the last couple of days, as the market fluctuated quite rapidly. The reality is that we are heading into the holiday season, and therefore I think liquidity will be thin and the market will continue to experience this back-and-forth movement. This will be especially true […]
3 Non-Ferrous Metal Mining Stocks To Consider Amid Industry Concerns
Dec 22, 2024
Jeremy Parkinson
Finance
Image: ShutterstockThe prospects of the Zacks Mining – Non-Ferrous industry look bleak as weak demand in China has weighed on metal prices. Industry players have also been grappling with inflated costs, labor shortages, and supply-chain issues. However, the demand for non-ferrous metals is expected to be supported by the energy-transition trend, which should buoy the industry.Against this backdrop, we […]
Celanese Cut Its Dividend To Focus On Deleveraging Amid Challenging Market Conditions
Dec 22, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashThe Celanese Corporation (CE) cut its dividend because of continued weakness in the Chinese economy, weak demand in the automotive and construction end markets, and too much debt from an acquisition. It had a 15-year streak of increases as a Dividend Contender.The company’s end market challenges and leverage have caused the share price to drop substantially […]
Russell 2000 Recorded Accumulation Day As Technicals Turned Net Bearish
Dec 22, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashThe options expiration seen on Friday clouded the volume picture, particularly for the S&P 500, but it was a day for buyers to build some momentum into the Santa Claus rally. The FOMC rate statement put a huge dent in prior rallies, as the S&P 500 was faced with a ‘bull trap’.Although it was the Russell 2000 (IWM) […]
The 7 Largest Companies – Sunday, Dec. 22
Dec 22, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashHere is a short look at the 7 largest companies by market capitalization as of Sunday, Dec. 22, 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 $3.85 trillion, with year-to-date gains of approximately +32.2% Nvidia (NVDA) has a market cap of around $3.30 trillion, […]
Weekly Technical Update: Nasdaq 100 – Sunday, Dec. 22
Dec 22, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashThis past week was an interesting one, and I will attempt to unpack a great deal of information about it in this video. The market received what it had already factored in prices, that being a 25 bps cut in rates. However, Fed Chair Powell “rained on the parade” by stating the amount of cuts in […]
The Year Narrative Ate Reality
Dec 22, 2024
Jeremy Parkinson
Finance
Image Source: Pixabay 2024 was the year narrative ate reality. The meme of any plan matters more than the plan itself. Everything is ambiguous, emotional, easily viral, iterative, and has endurance baked by an Internet reality. It’s all fascinating!But what does it mean for the future? Where are We? “All things are poison, and nothing is […]
Treasury Auctions This Week Could Drive Further Bear Steepening
Dec 22, 2024
Jeremy Parkinson
Finance
It will be a holiday-shortened trading week due to the Christmas holiday. Markets in the US will close early on Christmas Eve, December 24th, at 1 PM Eastern and remain closed all day on Wednesday, the 25th. Most markets in Europe will be closed on the 25th and 26th, while a few markets in Asia, […]
Visualizing $102 Trillion Of Global Debt In 2024
Dec 22, 2024
Jeremy Parkinson
Finance
In 2024, global public debt is forecast to reach $102 trillion, with the U.S. and China largely contributing to rising levels of debt.This marks a $5 trillion increase since 2023 alone. Looking ahead, debt levels are projected to increase faster than previously expected as government policies fail to address debt risks amid aging populations and […]