Current Analysis: Elekta AB
Apr 08, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashTM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. […]
WTI Gains Momentum Above $86.00 Amid Ongoing Middle East Geopolitical Tensions, Weaker US Dollar
Apr 08, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash WTI prices gain momentum near $86.00 on Tuesday. The ongoing Middle East tensions, a key region for oil production, might boost WTI prices. The expectation that the Fed might delay interest rate cuts this year drags black gold lower. Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $86.25 on Tuesday. The […]
AUD/USD Hovers Near 0.6600 As Markets Await Aussie’s Business, Consumer Confidence Data
Apr 08, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash AUD/USD up due to better sentiment, USD dip amid mixed Wall Street results. US inflation steady; Fed’s positive economy outlook influences currencies. US inflation, Australian consumer confidence data critical for economic assessment. The Australian Dollar posted solid gains on Monday, rising 0.42% against the US Dollar amid an improvement in risk appetite and a light […]
Stocks Stall On April 8, 2024, As Reversal Patterns Take Hold
Apr 08, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashIt was a dull day for stocks, with the S&P 500 finishing the day slightly lower while rates rose and the dollar sank. There isn’t much to take away from today except that the VIX and the shorter duration measures of volatility were down, too. You rarely see the VIX down and the S&P […]
Top Research Reports For SAP, Verizon Communications & Lowe’s
Apr 08, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashThe Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including SAP SE (SAP), Verizon Communications Inc. (VZ) and Lowe’s Companies, Inc. (LOW). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. […]
Nasdaq 100 & S&P 500: Elliott Wave Update For Monday, April 8
Apr 08, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashToday’s update I’m taking a deep dive into the Minor 5th waves in both the NQ and ES. It has been a very difficult Elliott count to put together and remain consistent with the larger picture — That has not changed. I continue to look for the complete of the larger Primary B wave […]
Massive Weekly Price Consolidation Will Show The Way
Apr 08, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashI will keep showing these weekly charts up until and after these massive trading ranges reconcile up or down.Will they all reconcile at one time?Maybe but unlikely.Will some remain rangebound?For a time yes, but then gravity or FOMO will change that.Are there sectors that are more important than others in the overall macro?For sure.Semiconductors […]
Investors Are Finding It Difficult To Run With The Risk-On Baton This Week
Apr 08, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels The S&P 500 remained virtually unchanged as U.S. bond yields surged to their highest levels since late November, suggesting investor optimism about the prospects for Federal Reserve interest rate cuts is dwindling.Fortunately, oil prices eased on Monday, providing some relief to investors amid renewed efforts to negotiate a ceasefire in the Middle East. […]
Healthcare ETFs For The Weight-Loss Drug Boom And Beyond
Apr 08, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels In this episode of ETF Spotlight, I speak with Yuri Khodjamirian, CIO of Tema ETFs, about attractive investment opportunities in the healthcare space.Two dominant investing themes over the past year have been AI and weight-loss drugs. While there’s a considerable investor frenzy around AI, particularly with the “Magnificent Seven” and now the “Fabulous […]
Oil Inflation Fears Going Viral
Apr 08, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Oil is up sharply as fears over a wider conflict in the Middle East continue to rise. Quite predictably, this has raised widespread concerns over renewed “inflation”. But we just did this six months ago and that example shows what we should expect today and going forward.Video Length: 00:17:51More By This Author:Gold Surges […]