Ten Leaping Longs
Dec 08, 2024Jeremy Parkinson0
Image Source: PexelsFollowing up on recent bullish ideas, here is a brief compilation of potentially long stocks that look to be leaping.More By This Author:Energy VictoryUnenjoyment ReportTeflon Roblox
Jinxin Technology, ZSpace Make Public Debuts
Dec 08, 2024Jeremy Parkinson0
Image Source: Kevin Smith on FlickrChinese digital textbook provider Jinxin Technology and San Jose education technology provider zSpace made their public debuts this week, as another slow IPO year approaches its end. Latest IPOs and Direct Listings Jinxin Technology (NAMI) opened on Dec. 6 at $4.25. The company had priced its initial public offering of 1.25 million American depositary shares at […]
MongoDB Stock Price Forms Golden Cross Nears Ahead Of Earnings
Dec 08, 2024Jeremy Parkinson0
Image Source: Pexels MongoDB (MDB) stock price has bounced back after bottoming at $214 in June this year. It rallied to a high of $344, and is hovering at its highest point since May 28 as focus shifts to the upcoming earnings. MongoDB earnings ahead MongoDB is one of America’s biggest companies in the software and […]
Wealth – Money – Worth
Dec 08, 2024Jeremy Parkinson0
Image Source: Pexels When an economy produces goods and services above and beyond the requisite, i.e., produces an abundance, it creates wealth. Ten-eleven thousand years ago, this wealth was likely food stored for winter, that rainy day, that dry season, … .Today, for some, this abundance/wealth might include assets such as fine houses, lifestyle, money, …; […]
Gold Boring; S&P Warning
Dec 08, 2024Jeremy Parkinson0
First, this tease: the last time the S&P 500 reached (by our quant-crunching) such current duration of being extremely “textbook overbought”, the mighty Index fell …(drumroll)… -26%. More on that later.To Gold: on the heels of last week’s brief missive, here we go as promised with what otherwise would normally be our “month-end “graphics-rich edition, in this case right […]
Who’s Real Wage?
Dec 08, 2024Jeremy Parkinson0
EJ Antoni writes: Today’s employment data showed further gains in earnings, but cumulative price increases have still far outpaced earnings growth over the last 4 years. According to the Household Budget Index, it’s even worse when just considering prices for things you have to buy, i.e., food, housing, etc. Once again, I cannot verify Dr. Antoni’s […]
Ethereum Price Breaks Above Massive Triangle – Next Target: $10,000
Dec 08, 2024Jeremy Parkinson0
Image Source: Pixabay Recent price action has seen the Ethereum price breaking above the $4,000 price level again to drive euphoria among crypto investors, especially those awaiting the onset of an altcoin season. This price rally follows an unprecedented surge in Ethereum Spot ETF inflows, which hit a record $428 million on December 5 as investors continue to anticipate […]
2025 – Do Economic Indicators Support Bullish Outlooks?
Dec 08, 2024Jeremy Parkinson0
Everybody Is Very BullishLast week, we discussed how speculation and leverage have returned in earnest to the market as investors rush to take on increasing levels of risk. With markets rising steadily all year, it is unsurprising to witness investors lulled into an elevated sense of complacency. Stocks, bitcoin, leveraged investments, and meme stocks are all […]
Q3 2024 U.S. Retail Scorecard
Dec 08, 2024Jeremy Parkinson0
To date, 182 of the 194 companies in our Retail/Restaurant Index have reported their EPS results for Q3 2024, representing 94% of the index. Of those companies that have reported their quarterly results, 62% announced profits that beat analysts’ expectations, while 4% delivered on-target results and 34% reported earnings that fell below estimates. The Q3 […]
Some Patterns Of Long-Run Asset Returns
Dec 08, 2024Jeremy Parkinson0
Image Source: Pexels In classes about personal finance, once of the best-known lessons is that investing in US stocks can have considerable short-term risk, but that over an extended period of time, a patient investor has been rewarded for that short-term risk with higher long-run returns. David Chambers, Elroy Dimson, Antti Ilmanen, and Paul Rintamäki discuss this pattern and […]