Technical Market Report For September 21, 2024
Sep 21, 2024
Jeremy Parkinson
Finance, No picture
The good news is: The Dow Jones Industrial Average (DJIA) closed at an all time high last Friday and the S&P 500 (SPX) closed at an all time high last Thursday. The NegativesSeasonality for next week is negative. The PositivesThe first chart covers the last 6 months showing the NASDAQ composite (OTC) in blue and a […]
LEN Up 24% YTD, Does This Warren Buffett Stock Still Have Room To Run?
Sep 21, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels The Fed’s decision to drop interest rates by half a percentage point on Wednesday spurred a broad rally on Thursday, but there are certain stocks that will benefit more than others from lower interest rates over time, including a stock Warren Buffett owns, Lennar Corp. (NYSE: LEN).Lennar, a homebuilder, posted its fiscal third quarter earnings on Thursday, beating revenue and […]
Is It Safe To Buy The Mastercard Stock At An All-Time High?
Sep 21, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Mastercard (NYSE: MA) stock price has done well since going public in 2006 when it raised $2.4 billion. It has jumped by almost 12,000%, transforming it into one of the biggest companies in the world with a valuation of over $400 billion.Mastercard has a good track record of beating Visa, the biggest player […]
Weekly Recap: Fed Cuts, China Slowdown, U.S. Fiscal Bomb And Crypto Eureka
Sep 21, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash In this week’s edition of Wealthion’s Weekly Market Recap, Andrew Brill shares the most compelling insights from our expert guests.From the state of the federal budget to why credit card rates aren’t regulated, EJ Antoni dives into key fiscal challenges. Michael Howell explores the economic slowdown in China and rising U.S. debt levels, […]
USDJPY Analysis & USDJPY Price Prediction Forecast – Saturday, September 21
Sep 21, 2024
Jeremy Parkinson
Finance, No picture
Today you will see USDJPY price prediction based on the technical analysis. What is the support and resistance on the daily time frame for USDJPY. What to expect where the price will breakout for the USDJPY based on the supply and demand zones.Video Length: 00:03:06More By This Author:Gold Trading Strategy, XAUUSD Analysis & Forecast – […]
Snapchat’s Augmented Reality Ambitions: A Costly Bet That Continues To Hurt Shareholders
Sep 21, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Snap Inc. (SNAP) recently launched its fifth generation of augmented reality (AR) spectacles, just days before rival Meta Platforms’ Connect event, where Meta will showcase its latest hardware.Along with the new AR glasses, Snap announced a partnership with OpenAI to help developers integrate AI tools into the smart glasses.But as exciting as these […]
Bitcoin Approaches $65,000: Is Now The Perfect Time To Buy?
Sep 21, 2024
Jeremy Parkinson
Finance, No picture
↵Image Source: Unsplash As Bitcoin price valuation inches closer to the $65,000 mark, the asset has grabbed the attention of market analysts, with one recently highlighting a key indicator that now suggests a potential further recovery in BTC’s price.Particularly, according to a recent post on the CryptoQuant Quicktake platform by an analyst under the pseudonym ‘Darkfost,’ the Bitcoin […]
Late Summer Sandpile
Sep 21, 2024
Jeremy Parkinson
Finance, No picture
Last week, I said I would continue writing about Michael Gurri’s important book, The Revolt of the Public. It turns out giving a proper review of not just the book but all of the comments about the book will require more than a few days’ writing. I am going through almost 100 pages of new comments […]
Politics Breeds Conflict While The Market Brings Peace
Sep 21, 2024
Jeremy Parkinson
Finance, No picture
Once again, the presidential selection process has given us a contest between two people who agree on the pressing need to expand the entire welfare-warfare state. They can argue about priorities, but they agree on the overall goal. With the campaign lacking serious issues, something tells me that the great American obsession over race is […]
A Natural Hedge For All The Mayhem
Sep 21, 2024
Jeremy Parkinson
Finance, No picture
Today, we’re continuing our energy series with Jan Stuart, who last joined us on Global Macro Update over a year ago.I’ve been eager to speak with Jan again for months, especially since we added two US oil and gas producers to the Macro Advantage portfolio. Jan, as you might recall, is a global energy economist at Piper Sandler. Prior […]