Median Household Income In October 2024
Dec 03, 2024
Jeremy Parkinson
Finance, No picture
Motio Research’s initial estimate of U.S. median household income in October 2024 is $82,222. This figure is $85 (0.1%) less than the firm’s initial estimate of median household income in September 2024 of $82,307.Motio Research’s estimates are based on income data collected by the U.S. Census Bureau as part of its monthly Current Population Survey. The firm […]
Forex Today: USA, Germany, Australia See Stock Markets Hit Record Highs
Dec 03, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Major stock market indices power to all-time highs in the USA, Germany, and Australia. Although global stock markets are mixed, with several markets such as China recently reaching multi-month lows, some stock markets are booming, trading at new record highs. The leader is the USA, where the S&P 500 broke its record, while the technology-based Nasdaq […]
FX Daily: BRICS Currencies Under Pressure
Dec 03, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash FX markets continue to see a strong dollar even though this week should really be about US data and prospects for Fed easing. The currencies of three of the five BRICS founding members are under pressure. This is not entirely down to the threats of President-elect Trump, but also reflects home-grown problems. US JOLTS […]
Trump expected to name new SEC chair “as soon as tomorrow”
Dec 03, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Paul Atkins is the leading candidate for the new SEC Chair position with a 70% probability. Current SEC Chair, Gary Gensler, has focused on increased crypto oversight. Share this article President-elect Donald Trump’s transition team is weighing in on a number of SEC Chair candidates and may reveal their choice “as soon as […]
Gold & Gold Stocks Will Surge When Stock Market Cracks
Dec 03, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashPrecious Metals are setup to move higher and diverge from the stock market when it endures its next bear market.History shows how this transpires at or near the beginning of secular bull markets.Video Length: 00:11:50More By This Author:Gold & Silver Volatility Is Declining Game Changing Catalyst For Gold Approaching Gold is Most Uncorrelated Asset, […]
This Perfect Pullback Could Be A Huge Payday On Tuesday
Dec 02, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Holiday’s over… back to work! Markets made a big move higher after Thanksgiving, and everyone’s waiting for pullback…Pullbacks aren’t as easy as they sound… but this “perfect” pullback technique makes it easy to time the perfect entry tomorrow morning!Wow… Emini and Nasdaq are back to all-time highs!We’re way too high to start […]
Binance, Coinbase access restricted in Cambodia amid tightening crypto regulations
Dec 02, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Cambodia has blocked access to 16 cryptocurrency exchange websites, including Binance and Coinbase, due to lack of licenses. Despite restrictions, Cambodia remains a leading country for retail crypto use per capita. Share this article Cambodia has cut off access to the websites of 16 crypto exchanges, including major ones like Binance, Coinbase, and […]
Australian Dollar Drifts Lower As Trump Tariff Concerns Linger
Dec 02, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The Australian Dollar edges lower in Tuesday’s Asian session. Renewed USD demand and Trump’s tariff threats weigh on the pair; hawkish expectations of the RBA might limit its downside. Investors brace for the US October JOLTs Job Openings and Fedspeak on Tuesday. The Australian Dollar (AUD) extends its downside to near 0.6470 during the […]
Eli Lilly Gap
Dec 02, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashI took on a bearish position on Eli Lilly (LLY) today. I think the days of Big Pharma just printing up profits out of thin air are over.More By This Author:One Gap Deserves AnotherDecember ETF ReviewMicrosoft Or Microsnore?
Asia Morning Bites For Tuesday, Dec 3
Dec 02, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Global Macro and Markets Global Markets: On an inconclusive data day, markets read what they wanted to into some comments from Fed speakers and the macro releases. Treasury bond yields rose slightly, despite the Fed’s Christopher Waller and John Williams suggesting they leaned towards another cut in December. The dataflow was from the […]