Gold Stocks Are Heading Higher
Dec 30, 2023
Jeremy Parkinson
Finance, No picture
Gold is escaping from the 48-month box. Expect a sharp move into 2024.ASX Gold Index close to 7700 NecklineSmall Caps are running again! Gold US$2090 tested again Should soon have an out-of-the-box experience! Gold Stocks XAU breaking out Short-term Medium-term Long-term Leaders in lift-off mode Northern Star Newmont Barrick Agnico Eagle Kinross Gold stocks surging against […]
The Dollar Index Is Falling Below The 101.00 Level This Week
Dec 30, 2023
Jeremy Parkinson
Finance, No picture
Dollar index chart analysisThe dollar index continued its previous bearish trend this week. Yesterday, we saw the formation of a new low at the 100.61 level. We were able to find support and trigger a recovery to 101.40 levels during the Asian session. We stop at the 101.40 level and make a minor pullback to the 101.20 […]
S&P 500 Consolidates As US Dollar And Yields Recover
Dec 30, 2023
Jeremy Parkinson
Finance, No picture
In Friday’s session, the S&P 500 index stands at 4,785.50 as bullish momentum seems to be flatting in the last trading day of 2023. In that sense, the stock index will close a 24% yearly gain and tallies its ninth consecutive winning week, so downward movements may be on the horizon to consolidate gains.Recently, capital […]
XRP Outshines Cardano And Solana In Liquidity Ranking
Dec 30, 2023
Jeremy Parkinson
Finance, No picture
Research from the analytic site Kaiko shows Ripple’s native token surpassed Cardano and Solana in terms of liquidity. The report showed how liquidity is crucial in measuring the asset’s value, challenging the dependence of market cap as the primary metric. Source – Kaiko XRP tops liquidity chartsBitcoin, Ethereum, and XRP ranked the top cryptocurrencies in the Q3 liquidity ranking. The research […]
Soft Landing II
Dec 30, 2023
Jeremy Parkinson
Finance, No picture
I promised a second entry in the series, Soft Landing this time it’s monetary. The question is why didn’t the FED’s monetary tightening cause a recession. There certainly was tightening, the Federal Funds rate rose from 0.07% to 5.33% There certainly were people who predicted a recession in 2023 (hey they still have 4 days […]
Promising Altcoins For 2024: The Digital Currency Revolution
Dec 30, 2023
Jeremy Parkinson
Finance, No picture
Greetings to all crypto enthusiasts! We are delighted to embark on a journey to explore the most promising altcoins 2024 . The realm of alternative digital currencies is currently abuzz with unprecedented enthusiasm.Therefore, our mission is to delve into the world of altcoin investments, uncovering the mysteries behind successful diversification in the realm of blockchain.As the […]
EUR/USD Paddles Near 1.1050 To Round Out 2023
Dec 30, 2023
Jeremy Parkinson
Finance, No picture
The EUR/USD is trading flat on Friday, the last trading session of 2023. The Euro (EUR) is on pace to close up 3% against the US Dollar (USD) for 2023, rallying 5.8% from the year’s bottom bids near 1.0450 in October. The EUR/USD is still down nearly 2% from 2023’s peak at 1.1275 set in July, but […]
SEC Could Notify Bitcoin ETF Issuers Of Its Approval As Early As Next Week: Reuters
Dec 30, 2023
Jeremy Parkinson
Finance, No picture
Image Source: DepositPhotosThe US Securities and Exchange Commission (SEC) could notify spot Bitcoin ETF applicants of the regulator’s nod to their proposals as early as Tuesday next week, Reuters said in a report on Saturday, December 30.This would be just days to the anticipated January 10, 2024 deadline that the SEC has to release a decision on […]
2023 Percentage Returns To 5 Largest Stocks – Saturday, December 30
Dec 30, 2023
Jeremy Parkinson
Finance, No picture
Image Source: DepositPhotos1) Apple ($2.99 trillion) — +48.2%(2) Microsoft ($2.80 trillion) — +56.8%(3) Alphabet ($1.75 trillion) — […]
The Market May Start 2024 With A Bang Amid A Massive Data Dump
Dec 30, 2023
Jeremy Parkinson
Finance, No picture
Image Source: DepositPhotos2024 could start with a bang amid a massive data dump that includes the FOMC December minutes.Video Length: 00:21:33 More By This Author:A Window For Stock Market Volatility Is OpeningThe S&P 500 Is Stuck, But The Winds Of Market Change Are BlowingWhat Makes A Bear Turn Bull?