Nifty Pullback Should Continue To Find Buyers
Apr 03, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashShort Term Elliott Wave view in Nifty suggests rally from 1.24.2024 low is in progress as a diagonal. Up from 1.24.2024 low, wave (i) ended at 22297.5 and pullback in wave (ii) ended at 21860.55. The Index then rallied higher in wave (iii) towards 22463.65 and dips in wave (iv) ended at 2224.35. Final leg wave […]
ECB: Final Stop Before The Cut
Apr 02, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsIncoming data since the ECB’s March meeting has had something for both the doves and hawks. Signals of a bottoming out of the eurozone economy, with some improvement in lending growth and confidence indicators, should encourage the hawkish team not to rush into rate cuts. At the same time, the slightly faster-than-expected fading away […]
Commodity: Bitcoin, USD, Gold, Silver, China, Uranium, Oil, Gas, Elliott Wave Strategies
Apr 02, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsCommodity: Bitcoin, USD, Gold, Silver, China, Uranium, Oil, Gas, Elliott Wave Strategies Update on Commodity Market Analysis Using Elliott Wave Theory: Bitcoin’s Elliott Wave pattern, specifically wave (C) of 4, is nearing completion, mirroring the Nasdaq’s pattern. The USD DXY and 10-year yields are on an upward trajectory, whereas TLT Bonds are trending downwards. […]
WTI Attracts Some Buyers To Nearly Five-Month High Of $85.00, Middle East Tensions Rise
Apr 02, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash WTI edges higher to $84.85, a five-month high on Wednesday. Geopolitical uncertainties in the Middle East and supply fears boosted oil prices. The weaker US Dollar from the Fed’s dovish comments lift WTI prices. Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $84.85, the highest since October 2023 on […]
This 2-Leg Pullback Could Make Us A Fortune
Apr 02, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashWoah, what a move today!Today’s BIG MOVE down tells us exactly how to make money tomorrow, and this 2-sided trade could make us a killing!!I see (3) important clues on the charts tonight, telling us exactly where to find winning trades tomorrow…The only question is… will you be ready? E-Mini S&P (ES): Emini is […]
Rates Breaking Out Will Be Bad News For Stocks
Apr 02, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsStocks traded lower on Tuesday, with the S&P 500 falling by around 70 bps. The move follows a pretty decent size move with higher rates across the curve over the last two days. Tomorrow, we will get the ADP private payroll report, and it is estimated that the number of jobs will increase by […]
A Really Very Long Series On The Real Rate
Apr 02, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsWith implications for growth and demographic influences. From Rogoff, Rossi, and Schmelzing (AER, 2024):Source: Rogoff, Rossi and Schmelzing (AER, 2024).Contra assertions of a tight and positive link between population growth and the real interest rate, they write: …aggregate population growth rates and real interest rates have structurally trended in opposite directions, except for the most recent […]
3 Small-Cap Dividend Stocks With Big Growth Potential
Apr 02, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Income investors tend to focus on the largest companies as these are often seen as the safest choices. But dividend growth investors should also consider small-cap stocks that have market capitalizations below $2 billion.Many small-cap stocks in the Russell 2000 Index pay dividends to shareholders. In addition, small-cap stocks could have stronger growth potential […]
WTI Extends Gains After API Reports Inventory Draws Across The Board
Apr 02, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash US crude futures pierced $85 for the first time since October, the latest milestone in a rally driven by OPEC+ production cuts, strong demand and heightened geopolitical risks.As Bloomberg reports, oil has jumped this week as tensions rise in the Middle East, with Iran vowing revenge on Israel for an airstrike on its embassy in Syria that killed a top military […]
Puts On Hard-To-Borrow Stocks Are Not A Free Lunch
Apr 02, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash For better or worse, since publishing “Meme Stocks: The Sequel”, I’ve spent a copious amount of time discussing the various nuances of the last round of meme-stock mania. While the recent Reddit (RDDT) IPO was a popular topic, thanks to its overlap between politics and business, Trump Media & Technology Group (DJT) attracted […]