The Bulls Backed Down The Bears (Again) – Here’s What To Do
Feb 04, 2025Jeremy Parkinson0
Image Source: Pexels Another week… another gap down to start. This time, however, the bulls reasserted control of the tape much more quickly than before, and now we see stocks pressing back and onward to new highs.I said last week that I expected software to emerge as a leader in the wider tech sector, and I […]
Stocks And Precious Metals Charts – A Sigh Of Relief
Feb 04, 2025Jeremy Parkinson0
Stocks slumped hard overnight, but managed to take back much of their losses during the day.The Dollar continued a slow decline falling back to the 108 level.Gold and silver continued to rally after their breakout.Some gold left the Hong Kong warehouses as Asia returns from its lunar new year celebrations. VIX fell back down to its […]
Canadian Insolvencies At 15-Year High And Rising
Feb 04, 2025Jeremy Parkinson0
Image Source: Pexels According to the latest Canadian Association of Insolvency and Restructuring Professionals, 2024 saw a 15-year high in Canadian business and consumer insolvencies—about 375 daily. The group expects pressure on companies and consumers to continue in 2025 amid threats from potential tariffs and mortgage renewals. See, Insolvencies in Canada rose 12.1% in 2024, led by […]
The Fed Has Ruined The Free Market
Feb 04, 2025Jeremy Parkinson0
Image Source: Pexels Well, we have a new U.S. Presidential Administration with a very different economic strategy than its predecessor.The president has already started vocally demanding the Federal Reserve be more aggressive in lowering interest rates.And he’s appointed a new head, Scott Bessent, at the US Treasury, replacing Janet Yellen.What should we expect from the policies […]
April 1: The True Tariff Wildcard Date?
Feb 04, 2025Jeremy Parkinson0
Image Source: Pexels MARKETSGlobal markets are pushing higher as investors shrug off Trump’s tariffs—for now. The relief rally, sparked by the U.S. decision to pause aggressive levies on Canada and Mexico, is gaining traction. Let’s be honest—this was always more political than practical, a sledgehammer to crack a peanut, with risks far outweighing rewards.Over in the […]
Job Openings Unexpectedly Crater By More Than 500K As Wheels Start To Fall Off The Job Market
Feb 04, 2025Jeremy Parkinson0
One month after we reported that job openings “unexpectedly” soared on “a record 2 month surge in professional services”, today the BLS reported that the biggest rollercoaster series in the US data set just collapsed, when December job openings “unexpectedly” cratered by 556,000, from 8.156 million to just 7.600 milion, the second lowest print since […]
Gold Is Still Doing Awesome
Feb 04, 2025Jeremy Parkinson0
Image Source: Pixabay In this short clip, Samantha LaDuc discusses the ongoing trends and movements in the financial markets, particularly focusing on precious metals like gold and silver.Samantha highlights gold’s strong performance and outlines a strategy involving a basket trade with bonds and the yen.She also discuss specific stock movements, particularly in the mining sector, where certain […]
Alphabet Tumbles On Cloud, Revenue Miss; Expects Surge In 2025 CapEx
Feb 04, 2025Jeremy Parkinson0
Image Source: Pixabay Silicon Valley is still reeling from the sudden rise of China’s “budget” AI startup DeepSeek, which rocked the industry when it said it had created an AI model that rivals cutting-edge programs at a fraction of the cost. Google parent Alphabet has been among the companies that are feeling the heat. That’s because […]
Stocks Bounce Back; S&P 500 Reclaims 6K
Feb 04, 2025Jeremy Parkinson0
Wall Street’s midday momentum carried into the close, with all three major indexes closing near their session highs despite ongoing trade tensions. Investors also monitored earnings from multiple Big Tech firms, as well as fresh jobs openings data. The Dow and Nasdaq both finished with triple-digit wins, while the S&P 500 reclaimed the psychologically significant 6,000 […]
Is Palantir Proving To Be The Dark Horse AI Stock?
Feb 04, 2025Jeremy Parkinson0
Image courtesy of 123rf.com Since the coverage of Palantir Technologies (Nasdaq: PLTR) in November for Q3 earnings, PLTR shares doubled in price, from $50.92 to present $103.33 per share. This new price level, surging from the low 80s, happened on Monday, just after the Q4 2024 earnings delivery.Seemingly, the PLTR stock is now in overvalued territory at […]