Dollar Tree Q3 Earnings And Revenues Surpass Estimates
Dec 04, 2024Jeremy Parkinson0
Image Source: Pexels Dollar Tree (DLTR – Free Report) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.67%. A quarter ago, it was […]
Futures Rise To Fresh Record High Ahead Of Powell Speech, French Government Collapse
Dec 04, 2024Jeremy Parkinson0
Futures are higher following yesterday’s geopolitical events in France and S. Korea – which ironically highlight the stable exceptionalism of the US and its markets. As of 8:00am ET, S&P futures are 0.3% higher, and on pace for a 56th record high in 2024, after closing at the 55th yesterday; Nasdaq futures surge 0.6% boosted […]
Focus On US NFP, French And South Korea Developments
Dec 04, 2024Jeremy Parkinson0
All eyes today are on the French and South Korean markets as both countries face political instability. South Korea’s Kospi index dropped 1.44% on Wednesday while the Bank of Korea said it would deploy measures to stabilize the forex market. In France, the CAC 40 surged by 0.45% as French lawmakers will hold a vote of no-confidence […]
EUR/USD Analysis: Holds Near 1.05
Dec 04, 2024Jeremy Parkinson0
As expected, the EUR/USD will remain stable in narrow ranges with a bearish bias until the US jobs figures are announced. In addition to the anticipated statements from several US Federal Reserve officials, most notably a speech by Federal Reserve Chairman Jerome Powell later today, Wednesday. According to reliable trading platforms, the EUR/USD is trading […]
ADP Employment Disappoints, US Manufacturing Sees Biggest Job Losses Since June 2023
Dec 04, 2024Jeremy Parkinson0
After surging 233k higher in October (the biggest jump since July 2023), expectations were for a slowdown in job additions in November to +150k. The reality was a double whammy of pain with October’s surge revised down to just +184k and November’s print missing expectations at +146k…Source: Bloomberg “While overall growth for the month was […]
Elliott Wave Technical Analysis – Palo Alto Networks Inc.
Dec 04, 2024Jeremy Parkinson0
PANW Elliott Wave Analysis Trading LoungePalo Alto Networks Inc., (PANW) Daily ChartPANW Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minute {iii}.DIRECTION: Upside within {iii} of 3.DETAILS: Looking for further upside into wave (5) as we seem to have completed a large wave 2 and then started to nest in what could be a series of ones and […]
AUD/USD Forex Signal: Falls To 4-Month Low
Dec 04, 2024Jeremy Parkinson0
Today’s AUD/USD Signals Risk 0.75% Trades must be taken before 5pm Tokyo time Thursday. Short Trade Ideas Short entry following a bearish price action reversal on the H1 time frame immediately upon the next touch of $0.6443 or $0.6509. Place the stop loss 1 pip above the local swing high. Move the stop loss to […]
AUD/USD Price Analysis: Markets Pricing In RBA Easing
Dec 04, 2024Jeremy Parkinson0
The AUD/USD price analysis shows a quickly collapsing Aussie as markets price in a higher likelihood of a Reserve Bank of Australia rate cut in April. Meanwhile, the dollar remained strong after upbeat employment figures in the previous session.Data on Wednesday revealed that Australia’s economy expanded by 0.3% in the third quarter, well below estimates […]
BTC/USD Forecast: Bitcoin Steady Near $100K
Dec 04, 2024Jeremy Parkinson0
Bitcoin initially fell during the trading session on Tuesday but has seen more of that buy on the dip mentality that’s been so prevalent in this market. Ultimately, I think you’ve got a situation where Bitcoin continues to see plenty of interest and therefore it’s difficult for it to break down. Whether or not it […]
AI Drives Salesforce’s 29% Surge In Q3 Operating Cash Flow
Dec 04, 2024Jeremy Parkinson0
Image Source: Pixabay Salesforce (NYSE: CRM) has reported an impressive performance for the third quarter of fiscal year 2025, exceeding market expectations with a revenue of $9.44 billion, marking an 8% increase compared to the previous year.The company’s subscription and support revenue reached $8.88 billion, growing by 9% year-over-year. The GAAP diluted net income per share was […]