JOLTS Report For December Shows Mild Improvement In Most Metrics, Anticipates Stabilization In Wage Increases
Feb 04, 2025
Jeremy Parkinson
Finance
The monthly JOLTS reports give us a more granular look at the employment sector, but are delayed by one month vs. the jobs report. Like the jobs reports, most JOLTS series have shown deceleration for several years. The question last year and this year is whether they level off or continue to decelerate towards outright […]
USDMXN Is Finishing Wedge Pattern; Delayed Tariffs Could Strengthen Mexican Peso
Feb 04, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash USDMXN is in a recovery mode since Trump won the US election. But notice that bulls can be losing strength, so possibly that’s even an ending diagonal a.k.a. wedge pattern now that can come to an end. Well, with the recent news that tariffs for Mexico are delayed, Mexican Peso is recovering, so […]
Cardano At A Crossroad: Could Bears Take Control Again?
Feb 04, 2025
Jeremy Parkinson
Finance
Cardano’s price started a fresh decline below the $0.9250 zone. ADA is now correcting losses and struggling to clear the $0.80 resistance. ADA price started a fresh decline from the $0.9250 zone. The price is trading below $0.850 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at […]
Spotify’s Stock Gains On Strong Q4 Earnings, First Full Year Of Profitability
Feb 04, 2025
Jeremy Parkinson
Finance
Image Source: Pexels Spotify (NYSE: SPOT) reported its fourth-quarter earnings for 2024, showcasing a strong finish to the year with significant growth across essential metrics. The company celebrated its first full year of profitability, marking a milestone in its financial journey.Monthly active users reached 675 million, reflecting a 12% increase year-over-year. This growth in user base was […]
EUR/USD Analysis: Further Losses Expected
Feb 04, 2025
Jeremy Parkinson
Finance
The EUR/USD price returned to its lowest in more than two years, as it collapsed at the beginning of this important week’s trading to the support level of 1.0211 before settling around the level of 1.0285 at the time of writing the analysis. Meanwhile, the Euro’s losses increased in the Forex market after the start […]
Asian Stock: Zhejiang Hisun Pharmaceutical
Feb 04, 2025
Jeremy Parkinson
Finance
TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: Zhejiang Hisun Pharmaceutical Company LimitedBloomberg ticker: 600267 SHMarket cap: US$1,424mBackground: Zhejiang Hisun Pharmaceutical Company Limited is a Chinese company, principally engaged in the research and development, manufacture and distribution of specialty bulk pharmaceutical chemicals and preparation products. […]
Why Spotify Could Be A Safe Bet In An Economic Slowdown
Feb 04, 2025
Jeremy Parkinson
Finance, No picture
Nancy Tengler recent dubbed Spotify Technology SA (SPOT) a “recession-proof” name – and the earnings it reported for its financial fourth quarter substantiated her view on Tuesday.Spotify may be seen as insulated as it has been able to grow its monthly active users through economic downturns, indicating users refuse to bail on the music streaming […]
US Factory Orders Declined Overall In 2025
Feb 04, 2025
Jeremy Parkinson
Finance
Despite a surge in the Manufacturing (soft) survey data in December and January, ‘hard’ data continues to disappoint…Source: Bloomberg…as US Factory Orders fell 0.9% MoM in December (worse than the 0.8% decline expected) with November revised dramatically lower (to -0.8% MoM from -0.4% MoM)…Source: BloombergThis left US Factory Orders in Bidenomics’ final year down 1.1% […]
ETH/USD Forecast: Bounces Back From Major Selloff
Feb 04, 2025
Jeremy Parkinson
Finance
Ethereum had a rough session on Monday, as we initially opened up with massive selling, mainly in reaction to tariffs coming out of the United States for Canadian, Mexican, and Chinese goods. This had everybody in the world getting rid of anything remotely related to “risk on trading.” Because of this, I think the situation […]
Sensex Today Rallies 1,397 Points; Nifty Above 23,700
Feb 04, 2025
Jeremy Parkinson
Finance
After opening the day higher, Indian benchmark indices gained as the session progressed and ended the day higher.Benchmark equity indices BSE Sensex and Nifty50 were trading higher on Tuesday, as investors kept a keen eye on tariff-related developments in the US.At the closing bell, the BSE Sensex stood higher by 1,397 points (up 1.8%).Meanwhile, the NSE Nifty closed higher […]