FX Daily: US Data To Test The Dollar This Week
Dec 02, 2024Jeremy Parkinson0
Image Source: Pixabay A much busier week in terms of US data will have a major say in whether the Fed cuts rates by 25bp on 18 December. US data poses some downside risks to the dollar, but the continued and expanding threat of tariffs from the incoming Trump administration should limit the size of the […]
Dogecoin Crypto Price News Today – Elliott Wave Technical Analysis
Dec 02, 2024Jeremy Parkinson0
DOGEUSD Elliott Wave Technical AnalysisFunction: Counter trendMode: CorrectiveStructure: FlatPosition: Wave ((C))Direction Next higher Degrees: wave (C) of ((4))Wave Cancel invalid Level:Details: The corrective of Wave ((4)) before Increase again in Wave ((3)) Dogecoin/ U.S. dollar(DOGEUSD)Trading Strategy:Five waves of wave III rally where we still missed two more moves, from a decline in wave ((4)) and another […]
Cardano Transactions Rise To Multi-Year Highs – Metrics Support Bullish Outlook ADA Testing Crucial Supply
Dec 02, 2024Jeremy Parkinson0
Cardano (ADA) is trading above the critical $1 level, fueling optimism among investors anticipating further upside in the coming weeks. After a strong bullish run in recent weeks, the recent pullback appears to be a temporary pause in an upward trend.Crucial on-chain data supports this outlook, indicating robust network activity that reinforces the bullish sentiment […]
Market Briefing For Monday, Dec. 2
Dec 02, 2024Jeremy Parkinson0
Superb post-feast action in Friday’s abbreviated holiday weekend session; with just slight fade for S&P late in the day. A number of small speculative and tech stocks managed to hold together; while a couple were really impressive.I don’t know if part of this was ‘month-end’ activity; and we’ll see because if no major incidents over […]
Doomberg On U.S. Energy Policy, Trump Vs. California, And Big Tech’s Next Move
Dec 02, 2024Jeremy Parkinson0
Image Source: Pexels One of the biggest winners from new U.S. energy policy won’t be nuclear—though its role is expected to grow significantly—but rather natural gas. Listen in as Financial Sense Newshour examines how energy policy is likely to change..Video Length: 01:25:55More By This Author:Why Dividends Make Sense In Today’s Markets Smart Macro: Is The Bull […]
Trump’s Obvious Bluff Over BRICS Currency Proves He Is Clueless On Trade
Dec 01, 2024Jeremy Parkinson0
Truth Social Post “The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER. We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will […]
Where Do Federal Tax Dollars Go?
Dec 01, 2024Jeremy Parkinson0
Since Trump and Republicans are interested in cutting spending. I was interested in seeing what Musk and his side kick Ramaswamy might be looking at to reduce. What you are looking at is a Pie Chart showing all items in the budget. The breakout of the Payroll Tax Chart from the Pie Chart (further down) […]
Market Recap: Bitcoin To $250k; Trump 2.0; S&P To 15k; U.S. Economy; Risk Management;
Dec 01, 2024Jeremy Parkinson0
Image Source: Pexels In this week’s edition of Wealthion’s Weekly Market Recap, Andrew Brill highlights key insights from our expert guests: Tom Lee shares his bold prediction of Bitcoin reaching $250k next year and explores the broader crypto market’s evolution, including the impact of Gen Z and AI on the S&P’s long-term growth, which he projects […]
XRP Price Prediction: Analyst Gives Reasons For Why $10,000 Is A Feasible Price Target
Dec 01, 2024Jeremy Parkinson0
Image Source: Pexels Crypto analyst Vincent has given reasons why the XRP price could rally to as high as $10,000 at some point. This comes amid the recent XRP rally, with the crypto now targeting its current all-time high (ATH) of $3.8. Why The XRP Price Can Reach $10,000 In an X post, Vincent revealed that he had […]
All I Want For Christmas Are A Few Retail REITs
Dec 01, 2024Jeremy Parkinson0
Most REITs Remain UnderestimatedI say there are no lines to wait in because REITs are still in the doghouse these days.Despite the Federal Reserve cutting rates by 75 basis points – with the market expecting another cut them again next month – and despite REITs’ excellent balance sheets going into and staying through this year […]