The Federal Reserve Interest Rate Projections Are Not Working Like People Think
Mar 20, 2024
Jeremy Parkinson
Finance, No picture
The Federal Reserve has an FOMC meeting tomorrow and there are stories out already saying what they are likely to do. Everyone gets obsessed about how the Fed may change its FOMC statement and its predictions on how many rate cuts it may make when it does eventually lower interest rates. I believe that none […]
General Mills Exceeds Expectations With $5.1 Billion In Q3 Revenue
Mar 20, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash General Mills, Inc. (NYSE: GIS) has recently divulged its fiscal 2024 third-quarter results, reflecting a mixed bag of financial health. Amidst an increasingly challenging market landscape, this report provides a deep dive into the company’s quarterly performance, expectations analysis, and forward-looking guidance. General Mills Reports 1% Drop in Net Sales, Clocking in at $5.1 […]
Boeing Reportedly Wants To Cut Spirit Aerosystems Ties With Rival Airbus
Mar 20, 2024
Jeremy Parkinson
Finance, No picture
Boeing Co (BA) is in focus today following a report that it’s exploring ways to cut or at least minimise Spirit AeroSystems Inc ties (NYSE: SPR) with rival Airbus SE. Spirit and Airbus have held exploratory talksThe aerostructure manufacturer currently drives about 20% of its revenue from Airbus – which may mean a hurdle for Boeing in acquiring $SPR.Therefore, […]
Deepfakes Are Still New, But 2024 Could Be The Year They Have An Impact On Elections
Mar 20, 2024
Jeremy Parkinson
Finance, No picture
Disinformation caught many people off guard during the 2016 Brexit referendum and US presidential election. Since then, a mini-industry has developed to analyze and counter it.PexelsYet despite that, we have entered 2024 – a year of more than 40 elections worldwide – more fearful than ever about disinformation. In many ways, the problem is more challenging than it was in […]
Quarterly S&P 500 Dividend Futures Rise, Signal Potential Turbulence Ahead
Mar 20, 2024
Jeremy Parkinson
Finance, No picture
If you want to explain why the S&P 500 has been rising, you don’t have to look far beyond how the expectations investors have for the index’ dividends have been changing over the last several months.We last presented our regularly scheduled winter snapshot of the expected future for the quarterly dividend payouts for the S&P 500 (Index: SPX) […]
US Market Commentary – Wednesday, March 20
Mar 20, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels Fed on DeckGlobal markets are bracing for the latest Fed monetary policy meeting today. While the FOMC is not expected to see the Fed altering its course, traders will be scouring the details of the meeting, as well as the post meeting press conference, for clues as to how the Fe is likely […]
Intel Shares Surge As Biden Administration Unveils $20 Billion Initiative
Mar 20, 2024
Jeremy Parkinson
Finance, No picture
The Biden administration is set to provide Intel with nearly $20 billion in grants and loans to boost domestic production.In a significant boost to the U.S. semiconductor industry, Intel Corporation (INTC) is set to receive nearly $20 billion in grants and loans from the Biden administration to enhance domestic chip production and reduce reliance on foreign manufacturers. After the […]
All About The S&P
Mar 20, 2024
Jeremy Parkinson
Finance, No picture
SPX Monitoring purposes; Sold 3/14/23 at 5150.48 = gain .52%; Long SPX 3/8/24 at 5123.69.Our Gain 1/1/23 to 12/31/23 SPX= 28.12%; SPX gain 23.38%Monitoring purposes GOLD: Long GDX on 10/9/20 at 40.78. The second window up from the bottom is the 10 day average of the TRIN. The SPX can stall when the 10 day TRIN reaches […]
Elliott Elliott Wave Technical Analysis: ASX – CSL Limited
Mar 20, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash ASX – CSL LIMITED (CSL) Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart), 20 March 2024Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with CSL Limited (CSL) shares. We have identified a Triangle correction pattern, indicating the potential for CSL to continue declining further. Today’s update shows the potential […]
Remitly Stock Price Could Benefit From The US Migration Crisis
Mar 20, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Remitly share price has bounced back from its all-time low. The company could benefit from the ongoing migration trends. The US has had over 7 million immigrants in Biden’s administration. Remitly (RELY) stock price has crawled back in the past two years as demand for its services has risen substantially. After crashing to […]