10,000 Was A Piece Of A Cake
May 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashIn the following video, I want to look at the stock market. Many people believe we’re in the final bubble phase and about to crash, but I don’t agree, not yet. I’ll show you two examples illustrating the saying, “the bigger the base, the higher in space.”Video Length: 00:11:55More By This Author:Gold: Correction Or […]
Boeing’s Starliner Crewed ISS Mission Will Still Launch Despite Helium Leak
May 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashAfter a nearly one-month delay, NASA and Boeing (BA) are moving forward with the CST-100 Starliner launch despite a helium leak. This crewed mission will mark the first time the spacecraft ferries astronauts to the International Space Station.On Friday, NASA and Boeing officials told reporters that a problematic valve was replaced after the scrubbed May […]
Mt. Gox moves $840 million in Bitcoin to new wallet
May 27, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Defunct crypto exchange Mt. Gox transferred 12,240 BTC, valued at approximately $840 million, to a new wallet over the past hour, according to data from Arkham Intelligence. Following the transfer, Bitcoin’s price experienced a minor dip, dropping below $68,500, according to CoinGecko’s data.Mt. Gox BTC transfer on May 27 – Source: Arkham IntelligenceDespite the latest […]
5 Hospital Stocks Set To Gain From Robust Industry Trends
May 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsThe near-term prospects of the Zacks Medical-Hospital industry will be shaped by various factors, including rising patient volumes, resumption of elective procedures, and technological and cybersecurity advancements. While increasing salaries and moderate staffing constraints will play a deterrent, the effects of it would be largely offset by higher revenue per admission. Consolidation activities are making a […]
AUD/USD Extends Recovery As Greenback Falters With Aussie Retail Sales In The Barrel
May 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash AUD/USD pushes for a second day of recovery after near-term rebound. Australian Retail Sales on the offer early Tuesday. US long weekend holiday leaves Monday volumes thin. AUD/USD found some room on the high side on Monday after US markets dark for the Memorial Day holiday left the Greenback on the low side, […]
Shima Capital bets on WOJAK, TRUMP, and three other meme coins
May 27, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Venture capital (VC) fund Shima Capital accumulated five different meme coins on Monday, according to on-chain data firm Nansen. The VC made bets on Ethereum-based meme coins MAGA, TRUMP, WOJAK, DEGEN, and ANDY. At the time of writing, four out of five of their positions are resulting in unrealized losses.Shima’s highest bet was the DEGEN […]
Market Signals For The U.S. Stock Market And Indian Stock Market – Monday, May 28
May 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashThe S&P 500 was unchanged and the Nifty rose last week. Indicators are bearish for the week. Markets are at resistance near all-time highs. We are transitioning from an inflationary regime to a deflationary collapse. The markets are hitting resistance and risk-reward is poor at these levels. The Nifty is near resistance and will likely underperform.The past week saw US equity […]
Grocery Stocks: A Stable Choice For Uncertain Times
May 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Investing in grocery stocks offers a unique opportunity for those looking to build a resilient and diversified portfolio. The history of grocery stocks dates back to the inception of modern stock exchanges in the seventeenth century, and the industry has undergone significant transformations over the decades. From the rise of discount retailers to […]
Max Hawkish Into June FOMC
May 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels In this short clip, Samantha LaDuc and Craig Shapiro discuss the implications of yield curve inversions on economic growth and market trends. They highlight how the inversion typically signals a recession and its impact on lending and profits. The conversation delves into specific predictions about bond yields, the Federal Reserve’s monetary policy, and […]
Weekly Market Pulse: Is Perception Reality?
May 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels A recent poll conducted by Harris and the UK news outlet The Guardian produced some interesting results. Of those polled: 56% believe the US economy is in recession 49% believe the S&P 500 is down for the year 49% believe the unemployment rate is at a 50 year high 72% think inflation is […]