This Week’s Massive Data Dump May Send The Dollar And Rates Soaring
Apr 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashThis week will bring a massive data dump to the market, an FOMC meeting, and a Treasury quarterly Refunding announcement. What will this lead to?00:17:02More By This Author:Nvidia’s Stock May Not Have Much Further To RiseThe 10-Yr Moved Sharply Higher On Surprise GDP ReportStocks Stall Ahead Of Massive Data Dump And Earnings
Meta Platforms: Tripped Up By Concerns On Spending – But Sentiment Remains Bullish
Apr 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsIs there anything more meta than the thing that’s supposed to drive a company’s future growth being the exact thing that trips it up? Because that’s exactly what we saw during this week’s results from Meta Platforms Inc. (META), notes Tom Bruni, head of market research at The Daily Rip by Stocktwits.The stock fell sharply on Thursday despite beating […]
Between The Lines
Apr 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels Key Takeaways The NFIB Small Business Survey has consistently shown pessimistic expectations for sales, the economy, and earnings, but the U.S. economy has performed well despite this pessimism. Adjusting sales for inflation is considered nonsensical, and mentions of “inflation-adjusted revenues” are unlikely to appear in earnings reports. Small businesses have not fully participated […]
Forex And Cryptocurrencies Forecast For April 29 – May 3
Apr 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash EUR/USD: Inflation Persists, US GDP Growth Slows The US economy remains the most powerful on the planet. Moreover, its share of global GDP has reached a nearly two-decade high of 26.3%. According to the IMF, from 2018, the European Union’s share decreased by 1.4%, Japan’s by 2.1%, while the United States’ increased by […]
Masters In Trading – Saturday, April 27
Apr 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashIn this recap of the most recent trading session, I review my portfolio and share one of the trades taken this week.00:18:50More By This Author:Masters In Trading – Saturday, April 20Masters In Trading – Saturday, April 13Masters In Trading – Wednesday, April 10
Profit From The Growing Demands Of The Power Grid
Apr 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashEdward Eastman knew he was facing a once-in-a-lifetime opportunity. It was 1888, and the Oregon City banker had heard about the electric revolution sweeping across the country. Oregon City happened to be home to Willamette Falls, a perfect place to generate cheap hydroelectric power.Back in 1888, most power plants were located close to cities […]
Technical Market Report – Saturday, April 27
Apr 27, 2024
Jeremy Parkinson
Finance, No picture
The good news is: Breadth improved along with prices last week. The Negatives The first chart covers the last 6 months showing the Nasdaq composite (OTC) in blue and a 10% trend (19 day EMA) of Nasdaq new highs (OTC NH) in green. Dashed vertical lines have been drawn on the 1st trading day of each […]
IBM Stock Price Forecast 2024: Examining IBM’s Strategic Vision
Apr 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashIntroductionAs we look towards the technology industry’s future, IBM stands as a stalwart presence with a history of innovation and adaptation. In this article, we will delve into the factors that may influence IBM’s stock price forecast 2024, drawing on statistical data, philosophical perspectives, and the wisdom of legendary traders. By examining IBM’s strategic […]
Airline Stock Roundup: AAL, LUV, JBLU & HA Incur Q1 Loss
Apr 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashIn the past week, American Airlines (AAL – Free Report), Southwest Airlines (LUV – Free Report), JetBlue Airways (JBLU – Free Report) and Hawaiian Holdings (HA – Free Report) released first-quarter 2024 results. While air travel demand was upbeat, high costs hurt results. First-quarter 2024 earnings-related updates were also provided in the previous week’s write-up. Recap of the Recent Most Important Stories 1 American Airlines’ first-quarter 2024 loss (excluding 14 cents […]
Gold, Oil, Wheat, & Stocks Since 2020
Apr 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsFinancially speaking, the markets have been all over the map in the past four years since the onset of Covid and the self-inflicted wounds from the forced economic shutdown. I went back to August 2020, five months after the festivities began, and pulled up some charts that show the price action since then for […]