NQ Elliott Wave Daily Update – Friday, Jan 10
Jan 10, 2025
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashNothing has really changed, I still do expect a minute 5th wave up to my target area shown on the chart. Invalidation is 20.251.75 USD which is the 0.681 Retracement. Have a great weekend all. Video Length: 00:14:18More By This Author:Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Jan 8NQ Elliott Wave Daily […]
Is It Time To Buy The Worst Performing Stock On The S&P 500?
Jan 10, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Walgreens Boots Alliance (NYSE: WBA) was skyrocketing on Friday, jumping some 26% after the pharmacy retailer released a positive fiscal first quarter earnings report.Indeed, good news for Walgreens has been few and far between, as it was the worst performing stock on the S&P 500 and Dow Jones Industrial Average last year, and is […]
AskSlim Market Week – Friday, Jan. 10
Jan 10, 2025
Jeremy Parkinson
Finance, No picture
Photo by Nicholas Cappello on Unsplash Technical and cycle analysis, and market commentary.Video Length: 00:22:37More By This Author:AskSlim Market Week – Friday, Jan. 3 AskSlim Market Week – Friday, Dec. 20 AskSlim Market Week – Friday, Dec. 13
Pro-crypto advocate Ammon Simon appointed chief counsel to Senate Banking Committee
Jan 10, 2025
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Ammon Simon has been appointed Chief Counsel for the US Senate Committee on Banking, Housing, and Urban Affairs. Simon’s appointment is expected to influence crypto regulation, promoting innovation with investor protection. Share this article Ammon Simon has been appointed Chief Counsel for the US Senate Committee on Banking, Housing, and Urban Affairs, according […]
Stock Traders Once Again Reveal Their Liquidity Addiction
Jan 10, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash So much for the idea of equity investors rooting for a stronger economy, at least for today. This morning’s reaction to the stronger-than-expected December jobs report revealed that stock traders are once again more concerned about the potential for monetary accommodation rather than the type of robust economy that can improve corporate fundamentals.My […]
What is DeFAI? How AI is driving the next wave of DeFi innovation
Jan 10, 2025
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways DeFAI bridges AI and DeFi, introducing a new era of on-chain automation. Autonomous agents in DeFAI handle complex activities like staking and liquidity management within secure frameworks. Share this article DeFAI, the intersection of artificial intelligence (AI) and decentralized finance (DeFi), is rapidly transforming the crypto industry.This emerging term, though inclusive of AI […]
3 Micro-Cap Stocks With High Dividends
Jan 10, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Most investors are familiar with large-cap stocks like Coca-Cola and IBM. Microcap stocks, on the other hand, are the smallest companies that trade publicly on the stock market.Micro-cap stocks are publicly-traded companies with market capitalizations between $50 million and $300 million.These 3 micro-cap stocks could have long-term growth potential, and also have dividend […]
S&P 500 Earnings Dashboard 24Q4 – Friday, Jan. 10
Jan 10, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash S&P 500 Aggregate Estimates and Revisions 24Q4 Y/Y earnings are expected to be 9.5%. Excluding the energy sector, the Y/Y earnings estimate is 12.4%. Of the 22 companies in the S&P 500 that have reported earnings to date for 24Q4, 77.3% reported above analyst expectations. This compares to a long-term average of 67%. The 24Q4 Y/Y blended revenue growth estimate is 4.1%. If the energy sector is […]
Gold Surges Beyond $2,680 As Fed Caution And Tariff Uncertainty Spur Safe-Haven Demand
Jan 10, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Gold’s ascent to above $2,680 per ounce underscores how resilient demand for safe-haven assets can persist, even when economic data might typically act as a headwind. The latest U.S. employment report, which surprised to the upside with 256K new jobs and a drop in the jobless rate to 4.1%, points to continued labor […]
Auto Inventories Depressed
Jan 10, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash “Davidson” submits:Domestic Auto Inventories remain quite depressed. Dealers have maintained low inventories, by my analysis, due to the prolonged period of recession forecasts the last 30mos+. We first saw retailers proactively lower inventories in the 2016-2019 timeframe with the persistent recession forecasts of that period. This time the combination of uneven supply chain […]