Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Oct 2
Oct 02, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashTonight, I continue to update both counts that I’m running side by side with each other. I lay out several possible paths and to which count it would be applied. However, having said that I also need to include that it will likely the balance of the week to get our answers as to […]
Today Was Quiet… But Trading’s About To Get Good
Oct 02, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashThe S&P 500 has been practically asleep, but I’m looking for volatility to pick up in a big way – starting with everyone’s favorite retail stocks.This is what you need to know…Video Length: 00:12:00More By This Author:Geopolitical Tensions Rise As Stocks Teeter Near HighsA Tumultuous Quarter Ends At New HighsAnother Inflationary Match Lit
SEC files appeal in Ripple case, putting XRP ETF on hold
Oct 02, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways The SEC’s appeal in the Ripple case has halted the progress of the Bitwise XRP ETF. Ripple’s ability to trade XRP as a non-security is challenged again with the SEC’s legal move. Share this article The SEC has officially filed a Notice of Appeal in its legal battle against Ripple Labs and its […]
Natural Gas Elliott Wave Technical Analysis
Oct 02, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Natural Gas Elliott Wave AnalysisNatural Gas is recovering fast from the low in late August. The commodity is near the highs of June & January 2024 and the late October 2023 high and will most likely hit or breach these highs in the coming weeks. However, this bullish run from October 2023 is part of […]
3 High Yield Mortgage REITs Yielding Over 8%
Oct 02, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash For investors looking for income, Real Estate Investment Trusts are often an excellent source of potential investments. Mortgage REITs are a unique segment among the REIT universe, and many have extremely high yields.Mortgage REITs are not without risk. These companies purchase mortgages and generate income from the monthly mortgage payments. Mortgage REITs borrow […]
Greater Bull Market Ahead?
Oct 02, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Wealthion’s Andrew Brill welcomes Geo Chen to unpack why the current macro setup is very bullish for global markets, driven by the Fed’s rate cuts, positive U.S. economic data, and China’s aggressive stimulus efforts. The author of the Fidenza Macro Newsletter also shares his updated views on key asset classes like gold, oil, […]
Franklin Templeton submits Bitcoin & Ethereum index ETF proposal to SEC
Oct 02, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Franklin Templeton’s new ETF combines Bitcoin and Ethereum in a single fund. SEC’s approval depends on anti-fraud measures linked to regulated futures markets. Share this article The SEC has received a proposal to list and trade the Franklin Templeton Bitcoin & Ethereum Crypto Index ETF. The new ETF, managed by Franklin Templeton, aims […]
That Tesla Trendline
Oct 02, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels As powerful as Tesla’s rally has been, there were four distinct “barriers” TSLA was facing. Three of them were Fibonacci retracement levels, and one was a long-term trendline. Earlier this week, it poked its head above all of these briefly, but today it finally succumbed. The trendline continues to hold sway. The big question is […]
12 Stocks To Profit From The Boom In Data Centers And Artificial Intelligence
Oct 02, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels From gaming to video editing to productivity to complex AI experiences, computing systems today are being asked to do more than ever. There is a massive economic boom happening with data centers to the tune of hundreds of billions of dollars. These data centers create the processing power needed for the artificial intelligence […]
Congressman Khanna backs Bitcoin strategic reserve as Democrats seek a ‘crypto reset’
Oct 02, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Bipartisan support emerges for using seized Bitcoin as a US strategic reserve. Proposal likened to Louisiana Purchase, highlighting its potential impact. Share this article Support for a strategic Bitcoin reserve is gaining bipartisan momentum, as lawmakers recognize Bitcoin’s potential as a national asset, Forbes reports. US representative from California Ro Khanna threw his […]