This Slingshot Reversal Could Be A Huge Payday
Dec 09, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Weekend’s over, let’s make some money! We got the “rug pull” we spoke about in our last video, so I’m looking for Bear Traps right now…But there’s one obvious clue on the tick charts tonight, telling me this Slingshot Reversal might be a huge payday tomorrow!I have (4) trades on my radar […]
Crypto crash wipes out $1.7 billion in leveraged positions, Bitcoin plunges toward $94,000
Dec 09, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways The crypto market crash led to $1.7 billion in leveraged position liquidations within 24 hours. Despite concerns over quantum computing’s impact on crypto security, current threats remain minimal. Share this article A sharp crypto market correction triggered $1.7 billion in liquidations over 24 hours, with Bitcoin falling from above $100,000 to $94,100 and […]
VIX Index Rises As Stock Finally Crack
Dec 09, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashToday, we saw the S&P 500 fall by about 60 basis points, while the Nasdaq 100 declined by approximately 85 basis points. Nvidia (NVDA) was the leading stock, dropping 2.5% after China launched a monopoly probe into the company. Nvidia accounted for about 25% of the decline in the Bloomberg 500 indexes, which serve […]
Opposite Day To Start The Week
Dec 09, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashIf you’ve had a good year so far in the stock market, chances are you had a pretty bad day in the market today. On the surface, today’s action wasn’t awful. The S&P 500 (SPY) was down 0.5% while the Russell 1,000 was down 0.7%. Within the Russell 1,000, the average stock was down even less at […]
WTI Rebounds To Near $68.00 Amid Middle East Geopolitical Risks
Dec 09, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash WTI edges higher to near $67.90 in Monday’s early Asian session. Middle East turmoil and China’s policy shift could underpin the WTI price in the near term. The cautious stance of the Fed might cap the WTI’s downside. West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $67.90 on Tuesday. […]
Amid Tech War Trumbles, Pre-CPI Jitters Ripple Across Trading Floors
Dec 09, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash MARKETSMonday’s US stock market session saw a mild retreat, spotlighted by Nvidia’s (NVDA) slip, a dip tied to a burgeoning antitrust probe in China. This pullback sets the stage for a potential macro pivotal week on Wall Street, as all eyes turn to the upcoming consumer inflation report—a key precursor to the Federal Reserve’s […]
Traders Bet On Volatility As The S&P 500 Falters
Dec 09, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The S&P 500 had its worst day in three weeks as it drifted lower by more than 0.5%. That number isn’t necessarily anything to write home about, but I’m seeing some things happening behind the scenes that, potentially, are ominous.Last week I gave you a signal from the volatility markets that we could […]
Russian lawmaker proposes national Bitcoin reserve
Dec 09, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways A Russian lawmaker has proposed the creation of a national Bitcoin reserve to counteract sanctions and geopolitical risks. The proposal could influence other sanctioned countries to consider cryptocurrencies as tools for maintaining financial stability. Share this article A Russian lawmaker has proposed creating a national Bitcoin reserve to hedge against geopolitical risks and […]
How China’s Nvidia Investigation Could Reshape The AI Chip Industry
Dec 09, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash China has launched an investigation into Nvidia Corp. (NVDA), the US chipmaking giant, over potential violations of anti-monopoly laws.The probe focuses on Nvidia’s acquisition of Mellanox Technologies Ltd. in 2020 and the company’s recent activities, reflecting the intensifying tech trade conflict between Washington and Beijing. Nvidia’s Mellanox acquisition under scrutiny China’s State Administration […]
The Evil Cycles Of War And Economic Destruction
Dec 09, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash As we approach what usually should be a blissful holiday period, the treacherous path the world is now on does not bode well for 2025 and beyond.Two global crises will dominate the world for at least several years and possibly decades. FINANCIAL CRISISThe crisis I have been discussing and writing about for many […]