GBP/USD Fails To Hold Above The 20-day SMA, Eyes On BoE And Fed
Oct 31, 2023
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The Cable slightly retreated and closed Tuesday with 0.15% losses at 1.2150. Markets aren’t discounting rate hikes for this week’s BoE and Fed meetings. Focus will be set on both bank’s statements and their Chairman’s pressers. The BoE will release a fresh macro forecast. In Tuesday’s session, the GBP/USD traded in the 1.2120 […]
Fed And Earnings – And Plenty More Volatility
Oct 31, 2023
Jeremy Parkinson
Finance, No picture
Swing traders especially intraday traders continue to enjoy higher volatility and greater intraday ranges, and that isn’t likely to change soon. In tonight’s video, we pinpoint what the Federal Reserve is all-but-certain to announce at its monthly meeting tomorrow – and how it could affect stocks, interest rates, and bonds. We also cover some of […]
The Business Cycle And The Financial Markets
Oct 31, 2023
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Monetary and fiscal policies are fighting each other. This video shows you their impact on the business cycle and the financial markets. Video Length: 00:22:57More By This Author:This Business Cycle May Very Well Surprise You The Fed Does Not Matter The Mythical Recession, Business Cycle, And The Markets
AMD Tumbles On Disappointing Revenue Guidance, Drags Chip Names Lower
Oct 31, 2023
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Ahead of Apple’s earnings later this week, and the all-important NVDA results next month, all eyes were on chip giant AMD for an advance look into what one may expect. The answer, as so often has been the case this earnings season, was one of two parts: the present situation… and the outlook.Starting […]
Russell 2000 Testing Critical Price Support After Rare 100-Week Decline
Oct 31, 2023
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash It’s been a dreadful past couple of years for the Russell 2000 and small-cap stocks.Only in 2009 have small caps performed worse over a 100-week period – point (1) on today’s chart.Below we look at a long-term “weekly” chart to highlight some important technical developments that active investors should keep an eye on right here, […]
Bitcoin Working Through Channels
Oct 31, 2023
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash There is no need for complicated indicators when simple price channels will do.The trick is to have software to draw the parallel price channels with great accuracy. We can see here (Chart 1) how two A-B-C channels are forecasting current price support and resistance levels. Chart 1 – Bitcoin More By This Author:The Dow […]
Gold Vs Silver – What’s The Better Option
Oct 31, 2023
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash As the US (and foreign) deficits and debt loads continue to surge to levels that were once unimaginable, the recognition of the value of precious metals as an asset class is increasing at an accelerating rate.Although when people finally accept the argument that gold and silver are important assets to be considering, especially […]
Realty Income: America’s Best REIT On Sale For High-Yield And High Return
Oct 31, 2023
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Realty Income (O) In this video, Chuck Carnevale, Co-Founder of FAST Graphs, a.k.a. Mr. Valuation will discuss the current investment opportunity in Realty Income (O), a popular real estate investment trust (REIT). He will explain the importance of buying low and selling high in investing and highlight why now is a great time […]
Five Hot Earnings Charts
Oct 31, 2023
Jeremy Parkinson
Finance, No picture
It’s another busy week in earnings season, with over 1100 companies expected to report, including many in the S&P 500. This is another key week on Wall Street. We’ll hear a lot about guidance for Q4 and beyond.So far, this earnings season has been solid. We’re not hearing doom and gloom from the companies, even […]
Cloud Stocks: ServiceNow’s Stellar Performance Continues
ServiceNow’s AI Focus
Oct 31, 2023
Jeremy Parkinson
Finance, No picture
Last week, ServiceNow (NOW) reported its third quarter results that continued to surpass market expectations. ServiceNow does not appear to be fazed by macro-economic conditions and provided an outlook that also beat the expectations. ServiceNow’s FinancialsFor the third quarter of the year, ServiceNow’s revenues grew 25% to $2.29 billion, ahead of the market’s forecast of $2.27 […]