Trading Support And Resistance – Sunday, Nov. 26
Nov 26, 2023
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashToday, I will begin with my monthly and weekly forecasts of the currency pairs worth watching. The first part of my forecast is based upon 20 years’ worth of research of Forex prices, which shows that the following methodologies have all produced profitable results: Trading the two currencies that are trending the most strongly over the […]
Arista Networks: A Networking Sector Innovator Poised To Benefit From AI Boom
Nov 26, 2023
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashTwo decades ago, three friends were working at legacy computer networking companies. They had an idea that could radically disrupt the entire sector by turning expensive hardware into software. This low-end disruption model would drive down costs and force the legacy companies they worked for to move upstream to protect profit margins. This is […]
How Long Can The Short-Term Uptrend Last?
Nov 26, 2023
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashThe short-term uptrend in the market has continued nicely since the beginning of November. The question now is how much longer will this uptrend last before the next short-term price pullback occurs for most stocks.The major indexes are moving higher along the five-day averages in a bullish fashion, and I will continue to be […]
Is Alibaba Stock A Buy Now? – Thoughts Of A Chinese Stock Analyst
Nov 26, 2023
Jeremy Parkinson
Finance, No picture
Video Length: 00:09:31More By This Author:2024 Alibaba’s New Strategy: Thoughts Of A Chinese Stock Analyst SpaceX Shocked; Huawei’s Secret Weapons The US-China Battle For Silicon Chip Supremacy; Inside Story
Bank Of America Bearish Sequence Provides Floor For Indices
Nov 26, 2023
Jeremy Parkinson
Finance, No picture
In this blog, we will look at the bearish sequence in BAC (Bank of America) and present two views that are slightly different in terms of the extent of the bounce but both are calling for an extension lower. We will also look at the area that can act as a floor for BAC and where […]
WMA: Bitcoin Challenges $38K, Changpeng Zhao Leaves Binance
Nov 26, 2023
Jeremy Parkinson
Finance, No picture
This Week’s Summary The crypto market ends the week at a total market capitalization of $1,44 trillion. Bitcoin increased by over 3% to reach around $37,700. Ethereum is up by nearly 7% to climb above $2,000 again. XRP added almost 4% to its value this week. Almost all altcoins are trading in the green, with […]
IBM Up 7.9% Since Last Earnings Report: Can It Continue?
Nov 26, 2023
Jeremy Parkinson
Finance, No picture
It has been about a month since the last earnings report for IBM (IBM – Free Report) . Shares have added about 7.9% in that time frame, underperforming the S&P 500.UnsplashWill the recent positive trend continue leading up to its next earnings release, or is IBM due for a pullback? Before we dive into how investors and […]
Rental Housing Economics In 2023
Nov 26, 2023
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Doing my usual internet walkabout and looking for things which may be interesting to present at AB. Rental Housing costs and Mortgage costs are important in trying to find reasonable housing. A reader does not have to travel far to pick up on this topic. TalkMarkets contributor, New Deal Democrat, who also covers similar […]
The S&P 500 Could Be Heading Back To 4,100
Nov 26, 2023
Jeremy Parkinson
Finance, No picture
The mechanical forces that drove the sp500 lower in October are the same that pushed stocks higher in November. The markets have now approached an inflection point where these forces could push stocks lower again.Video length 15:50More By This Author:Stocks Stall On November 21, 2023, As Systematic Flows AbateStocks Rally On November 20 Ahead Of […]
Build Your Trading, Better Yourself
Nov 25, 2023
Jeremy Parkinson
Finance, No picture
The common view in trading psychology is that we can work on ourselves and that will help us better weather the ups and downs, risks and rewards, of markets. Certainly that is true: as I describe in The Daily Trading Coach book, there are many research-backed techniques in psychology that provide tools for handling stress, uncertainty, […]