These Range Reversals Could Double Our Profits Tomorrow
Sep 23, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Final week of September, let’s do this! Markets are bullish into ranges tonight – combine that with a big clue on the 60min chart and it’s easy to see why I’m looking for these (2) reversals!I used to hate range-bound markets like these, but once I learned the right strategy, they quickly became […]
Asia Morning Bites For Tuesday, Sept 24
Sep 23, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Global Macro and Markets Global Markets: It was a super quiet day in Treasury markets yesterday, with neither 2 nor 10Y US Treasury yields rising more than a basis point. This was despite several dovish Fed speakers, Goolsbee, Bostic and Kashkari, who indicated that the Fed still had a long way to go to get […]
Disciplining The Debate: Recession Indicator AUROCs
Sep 23, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsOne of the interesting things about the current debate over whether we’re about to go into a recession or not is the multitude of indicators that different people glom onto — without any expressed formal rationale for picking one over the other. See this list of people in the recession camp, here.That’s why I found […]
Intel Left Out In The Cold
Sep 23, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsBusiness schools will be examining how Intel (INTC) could have dropped the ball so terribly for decades to come.Keep in mind, from the late 1980s until 2000, Intel could do no wrong. It was the NVDA of its day.More By This Author:Eight SurvivorsBitcoin’s PathHowdy, Nabor
Nasdaq 100 & S&P 500 Elliott Wave Update – Monday, Sept 23
Sep 23, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsMore of an ‘inside day’ that didn’t get much traction in either direction. Still, the morning as choppy as it was produced a few moves that provided some trades. Tonight, I review the continuing Minor 4th waves to include an “irregular b wave” in the S&P 500 and the possibility for a “c” wave […]
The Stock Market Has Stalled As Earnings Estimates Fall
Sep 23, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsStocks didn’t accomplish much today, mainly trading within the range of the past two days. This morning, I reviewed earnings for various companies and will use the underwhelming session to highlight why earnings and fundamentals matter despite some believing they don’t.Take META, for example. Notice how its earnings estimates for 2025 have been rising […]
Top Stock Reports For Coca-Cola, Chevron & ServiceNow
Sep 23, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsThe Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including The Coca-Cola Co. (KO), Chevron Corp. (CVX) and ServiceNow, Inc. (NOW), as well as two micro-cap stocks Sypris Solutions, Inc. (SYPR) and Mobile Infrastructure Corp. (BEEP). The Zacks microcap […]
Markets Calm Ahead Of Macro Storm, But…
Sep 23, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashAfter last week’s chaotic dumps and pumps across various asset classes amid Powell’s comments, a giant ‘quad witch’ OpEx, and mean-reverting FedSpeak, today saw markets take a pause (of sorts) with stocks, bonds, the dollar, gold, and crypto all relatively flat close-to-close with only crude oil showing any real action – monkeyhammered lower for no apparently good […]
Polymarket explores token launch amid $50 million fundraising talks
Sep 23, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Polymarket is negotiating over $50 million in funding linked to a potential token launch. The platform has attracted nearly $1 billion in bets on the US presidential election. Share this article Polymarket is reportedly in talks to raise over $50 million in new funding, which is likely tied to a potential token launch, […]
Stocks And Precious Metals Charts – In The Service Of Power, Lies, And Murder
Sep 23, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashStocks just wobbled around today.Gold and the Dollar gained a little.Silver was smacked down lower for now to the 31 level. Because they can.They are bulking up the Comex gold inventories in Hong Kong. This sometimes presages a raid on prices.There will be an option expiration on the Comex for gold and silver this week on […]