“More Measured Approach” To Rate Cuts Needed, Says Fed’s Bowman
Sep 30, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels When the Federal Open Market Committee (FOMC) voted two weeks ago to lower the federal funds rate by 50 basis points, there was one FOMC member, Fed Governor Michelle Bowman, who voted against it.Dissenting votes on the FOMC are rare, particularly by Fed governors like Bowman, as the committee has historically strived for […]
Gold (XAU/USD) Commodity Elliott Wave Technical Analysis
Sep 30, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Gold Elliott Wave AnalysisGold has been retreating in the final days of September after hitting yet another fresh all-time high. The current impulse wave cycle, which began in October 2022, appears to be ongoing, suggesting that after this pullback finds support, further rallies could follow.Daily Chart AnalysisFrom an Elliott wave perspective, the daily chart shows that Gold […]
Trends Up, Bull On, Risk High (Macro Discussion)
Sep 30, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels I’d like to go back to one of my favorite charts illustrating the macro situation of 2024. While some are giddy (the casual public “playing” a stock market that always goes up, eventually), some are pissed (those who have staked their marketing schemes, and thus their reputations, on a perma-bearish view) and some are bewildered (mainstream […]
Ford Stock: Is It Still A Good EV Play?
Sep 30, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash In recent months, EV stocks have come under pressure as lack of charging infrastructure, range anxiety, cost of owning an electric vehicle, and supply chain issues weighed on adoption.Such headwinds pushed several automakers into dialing down their plans of expanding into electric vehicles to focus on hybrids instead.But it looks like Ford Motor […]
Is The Election Holding The Economy Back?
Sep 30, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels Now that everyone is coming to grips with economic weakness, particularly where it comes to employment conditions, understanding the high potential for a lot more or worse, people are trying to figure out where it is coming from therefore what might be done to turn it all around. Did the Fed break the […]
Trump’s World Liberty Financial launches token sale whitelist
Sep 30, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Whitelists open for accredited U.S. investors and non-U.S. persons, leaving most Americans out. Trump’s shift to a pro-crypto stance as he backs World Liberty Financial’s DeFi platform. Share this article World Liberty Financial (WLFI), a DeFi platform backed by the Trump family, has officially opened KYC verification for its WLFI governance token sale. […]
CIAN launches new yield layer to boost DeFi sustainability
Sep 30, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Share this article CIAN, a battle-tested DeFi yield strategy protocol, recently announced the launch of its groundbreaking Yield Layer, a solution designed to address the dual challenges of bootstrapping Total Value Locked (TVL) and sustaining on-chain liquidity in the DeFi sector. The innovative solution aims to reshape the growth momentum of leading protocols, restoring DeFi’s […]
The Present Monetary System Is Heading For A Breakdown
Sep 30, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Many economists incorrectly assume a growing economy also requires a growing money stock, assuming that economic growth gives rise to a greater demand for money. It is held that failing to increase money to facilitate increased trade will lead to a decline in prices of goods and services, destabilizing the economy and leading to an […]
Bajaj Finance – Elliott Wave Technical Analysis
Sep 30, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash BAJAJ FINANCE – BAJFINANCE (1D Chart) Elliott Wave Technical AnalysisFunction: Counter Trend (Minor Degree, Grey)Mode: CorrectiveStructure: Potential Impulse of Larger degree CorrectionPosition: Minor Wave 2 GreyDetails: Minor Wave 2 Grey extended through 7800 mark over the last week. A break below 7100 will confirm a top in place. Long traders should ideally take profits now and […]
How Options Trading Leverage Works
Sep 30, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels Options trading offers a myriad of benefits, one of which is leverage. One contract gives you the opportunity to control 100 shares of a stock at a fraction of the stock price. However, too many traders shy away from options trading, thinking they are “dangerous”. Today, let’s talk about how options trading leverage […]