Why HUT Should Be On Your Radar In 2025
Dec 24, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The end of the year is always a good time to reassess your portfolio and look to make moves for the new year and beyond. One company that should be on your radar for 2025 is crypto stock Hut 8 (Nasdaq: HUT).Hut 8 is a Bitcoin mining stock, but it recently branched out into AI data centers, […]
China Secretly Snaps Up More Gold, Positions For Its Greater Global Role
Dec 24, 2024
Jeremy Parkinson
Finance
Image Source: Pixabay While 99% of the media keeps staring at official data by the Chinese central bank (PBoC)—misleadingly stating it added 5 tonnes of gold in November following a supposed six-month pause—the PBoC’s “unreported” purchases in London accounted for a stunning 60 tonnes in September and another 55 tonnes in October.And while cross-border trade statistics […]
Happy Holidays Above The 200-DMA
Dec 24, 2024
Jeremy Parkinson
Finance
With just a few trading days left, it’s a pretty sure bet that the S&P 500 will close out the year above its 200-day moving average, which is something it has done for the entirety of 2024. There have been 11 prior years since 1952 (when the NYSE went to the current five-day trading week) […]
Gold Stocks Managing The Grinch
Dec 24, 2024
Jeremy Parkinson
Finance
It’s Christmas Eve and while it’s been a spectacular year for supreme money gold, gold stock and silver bullion investors may feel a bit like the Grinch stole a piece of their Christmas.Are these feelings valid? The answer is complex and today I’ll cover some tactics to help investors view their investing glass as mostly […]
Bullish Investor Sentiment Might Be Bearish For Stocks
Dec 24, 2024
Jeremy Parkinson
Finance
With the year 2024 approaching an end, most equity investors can cheer the strong year that has followed 2023. Over the course of the last two years, equity investors in the S&P 500 stocks have enjoyed a cumulative price only return of 57.3% as seen in the below chart. With the strength of the equity […]
Nasdaq 100 & S&P 500 Elliott Wave Update – Tue., Dec 24
Dec 24, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Rallies continued on Christmas Eve in the holiday shortened session. The most important fact from today is the SPX moved back and closed above 6000 finishing the day at 6040. That puts a more positive tone in place for year end expiration on 12/31/2024 – and that pin being the JPM collar at […]
3 Stocks With Great Short Potential In 2025
Dec 24, 2024
Jeremy Parkinson
Finance
Image courtesy of 123rf.com Traders shorting Tesla (Nasdaq: TSLA) and MicroStrategy (Nasdaq: MSTR) have lost billions over the last two months as these stocks kept reaching new yearly peaks. Even after the most recent market price correction, they are rallying again.But which overvalued stocks could bring more consistent short-selling profit in 2025? Each time short […]
China’s GDP Growth Is Now Lagging The Rest Of Asia
Dec 24, 2024
Jeremy Parkinson
Finance
China’s economy is facing a series of significant challenges, including a property crisis and high youth unemployment. After decades of rapid growth, the country is now expected to experience less economic growth than other Asian nations.This graphic illustrates the projected growth of per-capita GDP for selected Asian nations between 2023 and 2026, based on data compiled […]
Bulls: The Santa Claus Rally Is Coming To Town After All
Dec 24, 2024
Jeremy Parkinson
Finance
Image Source: Pixabay Stocks nailed a higher low last week – which we discussed at length in the TheoTrade live trading room.I’m seeing strong leadership from the tech sector and emerging strength in semiconductors, too. I’ve been pounding the table about this for a few weeks now; these two conditions tick that final “box” we need […]
5 Best Leveraged ETFs Of Q4
Dec 24, 2024
Jeremy Parkinson
Finance
Image Source: Pixabay The fourth quarter of 2024 has been volatile for the U.S. stock market. After a subdued October, November turned out to be the strongest month of the year, driven by the post-election rally following President-elect Donald Trump’s victory. The gains extended in early December on the resurgence of tech stocks.The Dow Jones Industrial […]