Non-Traded REITs: Why?
May 24, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashUntil a few years ago, non-traded REITs were, along with some other sketchy investments, the red-headed step child of the investment world. Nobody liked them, except the people selling them who got paid big commissions to do so. They were often riddled with fraud and insider dealing, and have been a consistent source of […]
Semis – 20% In Five Weeks
May 24, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashSince its closing low on April 19, the Philadelphia Semiconductor Index (SOX) has rallied over 20% in five weeks. When anything rallies that much in so little time, you can’t help but take notice, but in the case of the SOX, the current rally is already the second this year – and it’s not […]
Canadian Dollar Pares Losses On Friday Despite Downturn In Canadian Retail Sales
May 24, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The Canadian dollar recovers lost ground, but it remains down for the week. Canada Retail Sales decline further, limiting the recovery of the Canadian dollar. Broad market risk appetite recovers after US inflation expectations ease. The Canadian dollar recovered ground on Friday, sparked by a shift in investor risk appetite. US Durable Goods Orders data snubbed an […]
S&P 500: Multi-Time Frame Analysis & Trade Levels – Friday, May 24
May 24, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsIn this brief update, I review the recent price action in the e-mini S&P 500 futures contract on multiple time frames. I also identify the next high-probability trading opportunities and price objectives to target.00:07:45More By This Author:UK Market Commentary – Friday, May 24FTSE – UK Election Call Weighs On SentimentDaily Market Outlook – Thursday, May 23
Fed Funds Futures Market Starts To Flirt With Rate Hike Possibility
May 24, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsThe monetary policy outlook has been uncertain, but primarily in terms of the timing of the first rate cut. But that’s starting to change as Fed funds futures price in the possibility of a rate hike. To be clear, the implied probability for a hike is extremely low: no more than 1%. But the fact that […]
Bearish Engulfing Candle – Time To Worry?
May 24, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsAre bearish engulfing candle patterns really that bad? Do they mean that a stock market crash is right around the corner? In this video, I tackle the bearish engulfing candle pattern using technical analysis, and go into detail what you really need to be concerned with as it pertains to this technical charting pattern.00:05:26Here’s […]
Five Takeaways From The “Superbowl Of Retail Real Estate”
May 24, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashI’ve been in Las Vegas this week for the “Super Bowl of retail real estate.” That would be the annual International Council of Shopping Centers (ICSC). Cue the lights. The glitz. The swelling theme music.Brad at ICSC Source: Wide Moat ResearchIn all seriousness, the ICSC is a window into the larger investing world. After […]
OKX to end trading services in Hong Kong, abandons VASP license bid
May 24, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Global crypto exchange OKX announced today the withdrawal of its Virtual Asset Service Provider (VASP) license application in Hong Kong. The company will discontinue centralized trading services for Hong Kong residents by May 31, 2024, in compliance with regulatory demands.OKX said in a recent announcement that customers’ funds are secure and that withdrawal services will […]
US Stock Futures Steady After Dow’s Worst Session In Over A Year Amid Rising Interest Rate Concerns
May 24, 2024
Jeremy Parkinson
Finance, No picture
US stock futures held steady on Friday following a turbulent session on Thursday that saw significant losses across major indices. The Dow Jones Industrial Average experienced its worst day since March 2023, plummeting 1.53%. The S&P 500 and Nasdaq Composite also fell, losing 0.74% and 0.39% respectively. The sell-off was driven by hotter-than-expected PMI data, […]
US Economics Continue To Flounder – The Corn & Ethanol Report
May 24, 2024
Jeremy Parkinson
Finance, No picture
We kickoff the day with Durable Goods Orders MoM, Durable Goods Orders Ex Transportation MoM, Durable Goods Orders Ex Transportation MoM, Durable Goods Orders ex Defense MoM, and Non Defense Goods Orders Ex Air at 7:30 A.M., Fed Waller Speech at 8:35 A.M. Michigan Consumer Sentiment Final, Michigan 5-Year Inflation Expectations Final, Michigan Consumer Expectations […]