Tesla Up +7% After Q1 Misses, TXN, Visa Beat On Top & Bottom
Apr 23, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashTwo sessions into the trading week, things are looking up. Since bottoming out Friday afternoon, down as much as -4% in just a couple of days, we’re now in the green for three of four major indices as of Tuesday’s close. The Dow picked up +263 points, +0.69%, while the S&P 500 almost doubled […]
Externalities Should Be Handled With Care
Apr 23, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashThe Financial Times has an interesting interview with Esther Duflo, who was awarded the Nobel Prize in Economics in 2019. She argues that developed nations have a moral duty to compensate poor countries for the damage done by carbon emissions: If you combine these three numbers, you get basically the money value of the cost of […]
This 2-Leg Pullback Could Be Our Biggest Win Of The Week
Apr 23, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsWoah, what a reversal today!Today’s big run higher tells me to look for 2 specific trades tomorrow morning…Trade #1 is the most common, but let’s hope we get #2 because it’s a lot easier!Buyers took control of momentum on the 60-minute for the first time in over a month…Now buyers will be looking for […]
Current Analysis: Blue Owl Capital Inc.
Apr 23, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsBlue Owl Capital Inc (OWL) is an alternative asset management firm. The Company deploys private capital across Credit, GP Strategic Capital, and Real Estate platforms on behalf of institutional and private wealth clients.The Company conducts its operations through Blue Owl Capital Holdings LP (“Blue Owl Holdings”) and Blue Owl Capital Carry LP (“Blue Owl […]
Elliott Wave Forecast: Identifying Opportunities In Commodity Trading
Apr 23, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashCommodity Market Elliott Wave Analysis for Bitcoin, Ethereum, Crypto Index, TLT Bonds, US 10 Yr. Yields, USD/ DXY, Gold, Silver, Copper, Uranium, Crude Oil, Natural Gas, XLE ETF, XME ETF.Elliott Wave Analysis Update for Commodity Markets: Current Analysis Remains UnchangedIn the latest Elliott Wave analysis of the commodity markets, there is no alteration in […]
WTI Back Over $83 As Crude Oil Sees Additional Volatility
Apr 23, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Crude Oil gets pulled in both directions on Tuesday. A misfire in US PMIs spark fresh rate cut hopes. Risk assets get pumped higher as markets celebrate softening US economy. West Texas Intermediate (WTI) US Crude Oil started Tuesday on the low side, falling below $81.00 per barrel before a broad-market recovery in risk […]
AUD/USD Rises To Two-Day High Ahead Of Aussie CPI
Apr 23, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash AUD/USD extends gains, influenced by disappointing S&P Global PMIs from the US, suggesting possible Fed easing. US Dollar weakens as Treasury yields fall and equity markets respond positively to the potential shift in Fed policy. Upcoming Australian CPI data could influence the Reserve Bank of Australia’s policy stance. The Aussie Dollar recorded back-to-back positive days […]
Tesla Announces Q1 Financial Results; Revenue Slumps Amid Operational Challenges
Apr 23, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels Tesla unveiled its first-quarter earnings on Tuesday after market close. Revenue declined by 9% to the low of $21.3B. The EV firm has been under pressure following its plans to pivot from cheaper models. Tesla (TSLA) reported its Q1 earnings on Tuesday after the bell. The report reveals various financial challenges, with declined profitability.Its […]
Investors create group to take legal action against ZKasino co-founders
Apr 23, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Investors created a Telegram called “ZKasino Legal Task Force” aiming to prosecute gambling blockchain infrastructure ZKasino co-founders after they swapped nearly $33 million in Ether (ETH) for their native token. After the swap, the co-founders went dark and their groups started banning users that suggested the possibility of an exit scam being executed, according to […]
Chart Of The Day: SkyWest – Flying High To An All Time High
Apr 23, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash 100% technical buy signals 6 new highs and up 6.32% in the last month 149.81+ Weighted Alpha The Chart of the Day belongs to the regional airline SkyWest (SKYW). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum […]