2 Top-Ranked Chip Stocks To Buy For Income
Jan 10, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashSemiconductors, commonly referred to as microchips, are a bright highlight of technology, existing in nearly every aspect of our lives.Over the last several years, chip stocks have exploded in popularity, and for an easy-to-understand reason – they have been stellar investments.And for those seeking exposure, several chip stocks – Micron Technology (MU) and ASML […]
FX Daily: Monitoring Central Bank Speakers Ahead Of US CPI
Jan 10, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PixabayThe FX market appears in wait-and-see mode ahead of tomorrow’s US CPI. Today, there aren’t key data releases, but we’ll keep an eye on speeches by Fed member John Williams and the ECB’s Isabel Schnabel as well as testimony from BoE Governor Andrew Bailey. The dollar’s modest gains against pro-cyclical FX may consolidate while waiting for clearer direction.USD: […]
Monthly Dividend Business Development Companies Paying Over 9%
Jan 10, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PixabayTM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.A business development company (BDC) is a type of financial institution that specializes in providing financing to small and medium-sized businesses (SMBs). They do this by raising capital from investors, typically through issuing […]
4 Hour Chart Elliott Wave Technical Analysis: EURUSD – Wednesday, January 10
Jan 10, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PixabayEURUSD Elliott Wave Analysis Trading Lounge 4 Hour Chart, 10 January 24Euro/U.S.Dollar(EURUSD) 4 Hour ChartEURUSD Elliott Wave Technical AnalysisFunction: TrendMode: Corrective Structure: likely Zigzag in black wave 2Position: Red wave 3Direction Next Higher Degrees: black wave 3 Details: blue wave 5 of 1 completed at 1.11403 .Now black wave 2 is in play . […]
Analysts See “Uranium’s Third Bull Market” Through 2024
Jan 10, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pixabay So far this week, spot prices for yellowcake – uranium concentrate used in nuclear power generation – reached a new 16-year high, climbing to $92.45 per pound. Reflecting on our December 2020 note to readers in “Buy Uranium: Is This The Beginning Of The Next ESG Craze,” yellowcake prices have risen 217%. The uranium market is only […]
Will The Fed Really Lower Rates In 2024?
Jan 10, 2024
Jeremy Parkinson
Finance, No picture
Image source: WikipediaWhen it comes to interest rates, Wall Street is more confused than a reality TV star on Jeopardy!The market expects the Fed to cut interest rates six times this year, which is a head-scratcher considering the continued strong employment numbers, rising wages and record holiday retail sales we’ve seen recently. It is highly unlikely that […]
Metals Report For Tuesday, January 9
Jan 10, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:10:40More By This Author:SPDR ETF Report For Tuesday, January 9Financial Markets Report For Tuesday, January 9Financial Markets Report For Monday, January 8
EUR/USD Price Analysis: Remains Stable Near 1.0930, Bearish Sentiment Looms
Jan 10, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pixabay EUR/USD moves sideways post recent losses amid a stable US Dollar. The major level at 1.0950 appears to be an immediate resistance level. A break below the 1.0900 could lead the pair to navigate the 50-day EMA at 1.0888. EUR/USD consolidates after posting recent losses in the previous session, trading near 1.0930 during […]
META Looking To End Impulsive Rally Wave
Jan 10, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PixabayShort-term Elliott Wave View in Meta (META) shows an ending diagonal rally from 10.23.2023 low. Up from 10.23.2023 low, wave (1) ended at 342.92 and pullback in wave (2) ended at 313.66. The stock rallies again in wave (3) towards 361.90 and dips in wave (4) ended at 340.01. Internal subdivision of wave (4) unfolded as […]
Elliott Wave Technical Analysis: NEOUSD – Wednesday, January 10
Jan 10, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsElliott Wave Analysis TradingLounge Daily Chart, 10 January 24,NEO / U.S. dollar (NEOUSD)NEOUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: FlatPosition: Wave CDirection Next higher Degrees: Wave (2) of ImpulseWave Cancel invalid Level: 6.49Details: Retracement of wave ((2)) usually .50 or .618 x Length wave ((1))NEO / U.S. dollar(NEOUSD)Trading Strategy: NEO’s rise appears to […]