What Is Fundamental Analysis In The Stock Market?
Oct 21, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Fundamental analysis is a method used by investors to evaluate the intrinsic value of a stock by examining a company’s financial statements, industry position, and broader economic conditions. This approach allows investors to determine if a stock is overvalued or undervalued, helping them make informed decisions about buying, holding, or selling. Understanding Fundamental […]
Bitcoin’s surge above $69,000 triggers market-wide rally
Oct 20, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Bitcoin’s ascent over $69,000 marks a new high, influencing a broad market rally. The rally is driven by heightened institutional interest and positive regulatory developments. Share this article Bitcoin is back in the spotlight after breaking past $69,000 on Sunday. The latest rally has ignited a broad-based rally across the crypto market with […]
Who Starts Business Cycles? Banks Or The Fed?
Oct 20, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels Do banks receive deposits and then loan some of that money out? Or do they first extend loans that turn into deposits in the banking system?Some critics of Austrian economics and, most recently, of the Mises Institute’s new documentary, Playing with Fire, say that anyone who discusses the former is not up-to-date on modern […]
Asia Open: Never Underestimate The Spendthrift US Consumer, But What About The Chinese Consumer?
Oct 20, 2024
Jeremy Parkinson
Finance, No picture
The trading week in Asia kicks off cautiously despite the bullish sentiment riding high in global markets, thanks to a resilient U.S. stock market. While U.S. equities continue their ascent, fueled by firm economic data and the start of Q3 earnings season, Asian investors are firmly keeping one eye on China’s deep-rooted economic challenges.On Wall […]
Elliott Wave Trading Strategies For Nasdaq Tech Stocks And Bitcoin
Oct 20, 2024
Jeremy Parkinson
Finance, No picture
Elliott Wave Analysis & Trading Strategies for Nasdaq Tech Stocks and Bitcoin:More By This Author:Elliott Wave Technical Analysis: McDonald’s Corp. – Friday, Oct. 18 Elliott Wave Technical Analysis: Adani Power – Friday, Oct. 18 FTSE 100 Index Elliott Wave Technical Analysis – Friday, October 18
SPY, The Pioneering ETF, Tops $600B AUM – Good News And Bad News
Oct 20, 2024
Jeremy Parkinson
Finance, No picture
There was a big news item and cause for celebration in the ETF industry last week. SPY, the pioneering S&P 500 launched in 1993, became the first ETF globally to top $600 Billion AUM (US dollars). This is a very noteworthy achievement for SPY, the original SPDR. However, on a proportional basis, SPY continues to lose share […]
Market Momentum Is In Full Gear – Be Choosy And Do Not Chase
Oct 20, 2024
Jeremy Parkinson
Finance, No picture
“Perfection is not attainable, but if we chase perfection we can catch excellence.” – Vince Lombardi Market Commentary:Market momentum is in full gear- be choosy and do not chaseMomentum indicators have continued to gain strength. The wall of worry is intact, and the market keeps climbing. If you are in cash, maybe you are too […]
Weekly Technical Update: Nasdaq 100 – Sunday, Oct. 20
Oct 20, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashThe Magnificent 7 stocks report earnings next week, with Tesla reporting on Oct. 23. Traders are likely waiting for the direction that should come with these earnings reports.I can’t discount the rising geopolitical tensions, the upcoming U.S. elections on Nov. 5, and the effects such events may have on the markets. There is much to come, and I discuss […]
Fueling The Indexes
Oct 20, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashNow that we’re in the thick of the earnings season, and with the market more-or-less making lifetime highs every day, I thought it would be helpful to reflect on some of the big indexes.On the one hand, there’s a lot of new buying power (notably, massive corporate buybacks) that are going to come back on the scene in a […]
Pairs In Focus – Sunday, Oct. 20
Oct 20, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash USD/MXN The US dollar continued to punish the Mexican peso throughout the past week. I think the market is in the process of trying to build up enough momentum to finally break out above the crucial 20 MXN level. If and when it does, there could be quite a big move in the currency pair.However, […]