AI Stocks And The Energy Sector’s Role In Powering The Next Tech Revolution
Jan 30, 2025
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashIn recent years artificial intelligence (AI) has been one of the most transformative forces in global markets, reshaping industries ranging from healthcare to finance to entertainment. As AI continues to grow, so too does the demand for the vast computing power required to run complex machine learning models and process massive datasets. Behind the […]
Elliott Wave View On DAX Looking For Pullback To Find Buyers
Jan 30, 2025
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashShort Term Elliott Wave View in DAX suggests that rally from 11.19.2024 low is in progress as a 5 waves nesting impulse. Up from 11.19.2024 low, wave 1 ended at 20522.82 and wave 2 dips ended at 19649.87. The Index nested higher in wave 3. Up from wave 2, wave i ended at 20024.79 and […]
Australian Dollar Edges Higher As Export Prices Rise In Q4
Jan 29, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The Australian Dollar appreciates following the release of the Export Price Index on Thursday. Australian Bureau of Statistics showed export prices rose by 3.6% QoQ in Q4 2024, reversing a 4.3% decline in Q3. The Fed held its overnight borrowing rate steady in the 4.25%-4.50% range at its January meeting on Wednesday. The […]
Fed Holds Steady, Big Earnings Afternoon: MSFT, TSLA, META & More
Jan 29, 2025
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashMarket indexes had been riding a zero balance for most of today’s trading session, but shifted lower following the news release of what we all knew ahead of time: the Fed did not move on interest rates at the end of its two-day meeting on monetary policy, keeping steady at +4.25-4.50% for the second-straight […]
Tech Stocks Sputter, Fed On Indefinite Hold, Trump Likely Unpleased
Jan 29, 2025
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashMARKETSTech stocks sputtered, pulling down U.S. indices as Wall Street rethinks the AI gold rush, rattled by DeepSeek—a Chinese upstart claiming it can deliver major AI breakthroughs on a shoestring budget. With the Lunar New Year sidelining key Asian players, all eyes are on Japan’s Nikkei 225, which has been riding the wild waves […]
Markets Look To Fill Gaps As Uneasy Calm Descends
Jan 29, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash After Monday’s AI sell-off sent tech stocks reeling, we had some comeback as buyers filled the void, only for traders to take some quick profits off yesterday’s bounce.The Russell 2000 (IWM) posted its third indecisive doji in a row as it lingers near its 50-day MA and $226 support, but there was also a […]
Can Rolls-Royce Ride High On Seasonal Strength And Defence Wins
Jan 29, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Instrument: Rolls-Royce Holdings plc Average Pattern Move: +173.69% Annualized Return Timeframe: February 2 – March 8 Winning Percentage: 70% Market Analysis and Drivers Rolls-Royce Holdings plc has received a significant boost with the UK government awarding a £9 billion ($11 billion) contract for the design and manufacture of nuclear reactors to power the nation’s submarine fleet. This […]
Don’t Get Caught In This Market Crossfire
Jan 29, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash There are a ton of earnings hitting us today and over the next few days – Mr. Toad’s Wild Ride.But that’s later. We need to push that aside. There are bigger things to be concerned about right now.The market went into its usual pre-FOMC holding pattern, drifting around sideways… until a “classic” Trump […]
Market Talk – Wednesday, Jan. 29
Jan 29, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash ASIA:The major Asian stock markets had a green day today:• NIKKEI 225 increased 397.91 points or 1.02% to 39,414.78• Shanghai closed• Hang Seng closed• ASX 200 increased 47.90 points or 0.57% to 8,447.00• SENSEX increased 631.55 points or 0.83% to 76,532.96• Nifty50 increased 205.85 points or 0.90% to 23,163.10The major Asian currency markets […]
Rates Spark: Fed Holds, But ECB To Keep Cutting
Jan 29, 2025
Jeremy Parkinson
Finance, No picture
The main outcome of the FOMC is a Fed somewhat constrained by inflation. It’s a protective factor for Treasuries in the medium term, but not great for the here and now. Question: Has the Fed seen the PCE report? If yes, that’s a worry! Thursday should see the ECB cut rates by 25bp, bringing the […]