Fib-Friendly Tesla
Mar 19, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels It is remarkable to me how Fibonacci-friendly Tesla (TSLA) is. Time after time, it respects Fib levels for support and resistance, although its moves are getting increasingly tepid, as interest in TSLA continues to wane.After all, it’s in last place in the 500 S&P stocks, so interest is, quite understandably, diminishing. More By This Author:Important Semi Failure Spot-On […]
S&P 500 And Nasdaq 100 Elliott Wave Update
Mar 19, 2024
Jeremy Parkinson
Finance, No picture
↵Image Source: Unsplash The markets did finally bring some clarity as to direction and EW labeling. I updated the EW counts for both the ES and NQ and add the appropriate Fibonacci retracements and extensions.Wednesday is Fed decision day – which will be reported at 2 PM EDT with the all important Press Conference from Powell coming […]
Review Of Recent Stock Recommendations
Mar 19, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels Market Overview: The market is in a confirmed uptrend. We’re starting to see more distribution days, so that is worth watching. Recent Stock Recommendations: Ultimately, my goal is to find true stock gems capable of exceptional performance. Stocks capable of gaining 700% over 3 Years.Some picks have performed quite well. Some have been […]
Rates Spark: Data And Not Dot Plots Will Decide Fed Cuts
Mar 19, 2024
Jeremy Parkinson
Finance, No picture
Bonds were in a good mood on Tuesday, but the mood from Wednesday on will be set by the FOMC outcome. Any fiddling with the dot plot will have an impact. Beyond that we’re still in this inflation pop period that continues to pressure yields higher. It likely won’t last, but it’s the dominant driver […]
Taiwan On The Brink: Navigating The Tensions With China
Mar 19, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash In this episode, James Connor of Bloor Street Capital and George Calhoun, Director of the Quantitative Finance Program at Stevens Institute of Technology, dive deep into China’s faltering economy and its widespread impact.From the real estate crisis to the semiconductor supremacy battle, uncover the truths behind the headlines.Plus, get expert insights on China’s […]
Have Equity Investors Been Right To Rotate From Active To Passive?
Mar 19, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels Last year, UK investors redeemed £23bn from equity mutual funds and ETFs—the second highest on record, surpassed only by 2022. However, this doesn’t tell the whole tale, as actively managed funds shed £24.13m while index-tracking funds saw modest inflows of £525m.This reflects the growth in passive assets across the market, which have grown […]
It’s Time To Take Profits On Homebuilder Stocks
Mar 19, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Homebuilder stocks have been on a tear, handing investors some tremendous gains over the past two years.Hopefully, you’ve been one of those investors!Two years ago, I highlighted this area of the market — despite the fact that most investors were avoiding these stocks like the plague. The fear was that higher interest rates would cut […]
LVMH Moet Hennessy Louis Vuitton Chart Analysis
Mar 19, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels Bob Lang gives a technical analysis of the stock chart for LVMH.Video Length: 00:03:13More By This Author:How To Spot A Change In Stock Market Direction FedEx Corp Chart Analysis Is A Stock Market Downturn Coming?
Important Semi Failure
Mar 19, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Bulls were counting on Jensen Huang to supercharge the bull market into a whole new chapter yesterday afternoon, by making a speech about the super-expensive, super-fast, super-huge new computing products Nvidia was announcing. It didn’t work. NVDA, SMCI, SMH, and QQQ are all down, and AMD, a vitally important component of the semi/AI […]
Softs Report – Tuesday, March 19
Mar 19, 2024
Jeremy Parkinson
Finance, No picture
Photo by Trisha Downing on Unsplash COTTON General Comments: Cotton closed a little higher yesterday in moderate volume trading. It is too early to plant in Texas but the heat and dry weather raises concerns about production potential later in the growing season and blackened soils might not permit much planting, anyway. The demand news has been solid […]