GDP 2nd Release For Q2
Aug 29, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels Revised up 0.2 ppts, 0.2 ppts above consensus. Final sales up 0.2 ppts. GDO rises 2.1% q/q SAAR.Figure 1: GDP (bold black), GDO (tan), and GDP+ (green), GDPNow of 8/26 (sky blue square), all in bn.Ch.2017$ SAAR. GDP, GDO based on 2nd release. GDP+ iterated on 2019Q4 GDP level. Source: BEA, Philadelphia Fed (July release), Atlanta […]
Bloomberg integrates Polymarket data to Terminal
Aug 29, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Bloomberg Terminal now includes Polymarket’s real-time election odds. Polymarket’s trading volume approached $450 million in August. Share this article Financial data and news service Bloomberg is incorporating election odds data from crypto betting platform Polymarket into its Terminal service, signaling growing institutional interest in blockchain-based prediction markets.Michael McDonough, Bloomberg’s chief economist for financial […]
Which Market Wins? Canadian Vs U.S. Stock Battles
Aug 29, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels Can Canadian stocks be better than US ones? It is well-known that the US market offers a broader diversification and a better overall performance. But what happens when you put two companies in the same sector and with similar business models head-to-head? Which market wins? Let’s discover the answer using four stock battles: […]
Is Now The Time To Buy The Dow’s Worst Performing Stock?
Aug 29, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels Semiconductor chip maker Intel (Nasdaq: INTC) has had a brutal year, as it stock price is down a whopping 61% year-to-date, making it the worst-performing stock on both the Dow Jones Industrial Average and Nasdaq 100.This pioneering semiconductor firm is still the dominant player for making CPU (central processing units) chips for personal computers and […]
Roku Inc. Chart Analysis
Aug 29, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels Bob Lang gives a technical analysis of the stock chart for ROKU.Audio Length: 00:04:08More By This Author:Market Blast – August 26, 2024 iShares Russell 2000 ETF Chart Analysis How To Handle Pullbacks When The Wall Of Worry Is Up
Is This The “Last Hurrah” Rally?
Aug 29, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels After the huge selloff in early August, due to the big unwinding of the Yen Carry Trade, the markets have staged a swift and sharp rebound off their August 5th lows. Many believe this is evidence that the bull market can continue over the next several months.Is that because it’s the “path of least resistance,” or because […]
Monetizing The Debt
Aug 29, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels Alhambra CEO explains the role of the government and the Federal Reserve in creating inflation.Video Length: 00:10:23More By This Author:Financial Fear Mongering Warren Buffet Sells Apple Why Did The Market Sell-Off?
Russell 2000 Earnings Dashboard 24Q2 – Thursday, Aug. 29
Aug 29, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Russell 2000 Aggregate Estimates and Revisions The 24Q2 Y/Y blended earnings growth estimate is 18.7%. If the energy sector is excluded, the growth rate for the index is 28.7%. Of the 1,738 companies in the Russell 2000 that have reported earnings to date for 24Q2, 60.4% reported above analyst expectations. The 24Q2 Y/Y blended revenue growth estimate is 0.6%. If the energy sector is excluded, the growth rate for […]
Aptos-based Merkle Trade kicks off TGE sequence with dual rewards for participants
Aug 29, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Merkle Trade’s TGE features Genesis Staking and an LBA, offering multiple rewards. Participants can earn shares of MKL supply and trading fees through the LBA. Share this article Merkle Trade, the pioneering gamified perpetual futures decentralized exchange powered by the Aptos blockchain, is launching its token generation event (TGE) sequence, according to a […]
Volume Price Analysis Tutorial – Where Is Meta Stock Heading Next?
Aug 29, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash If you are a regular visitor to my site, I’m sure you will be familiar with my foundational methodology which is volume price analysis which is based on the two leading indicators of volume and price. If not, I have created a series of videos that explain many of the basic principles when […]