Author Archive: Jeremy Parkinson
This Bull Trap Could Be Our Biggest Win Of The Week
Image Source: Unsplash Non-Farm Friday… Let’s Do This! Markets are bullish into the close, but I see (3) reasons why this Bull Trap might be our biggest win of the week!Everything’s bullish right now, but the charts are telling me this might be nothing more than a Bull Trap…Here are (3) Bull Trap setups I’m tracking […]
Stocks Rebound Ahead Of The April Job Report
Image Source: PixabayStocks rebounded today, with the S&P 500 climbing by 90 bps, ahead of what will be another big data point and the last major data point until the CPI report. I am thankful. The run over the past week-and-a-half, along with earnings, has been tiring and, at times, rather stressful. So, with the release […]
SEC will classify ETH as security and reject spot Ethereum ETFs, says Michael Saylor
Michael Saylor believes that the US Securities and Exchange Commission (SEC) will label Ethereum as a security this summer and consequently deny all spot Ethereum ETF applications. He also claimed that other major cryptos like Binance Coin (BNB), Solana (SOL), Ripple (XRP), and Cardano (ADA) will likely face similar security classifications from the SEC. “Ethereum […]
Financial Markets Report For Thursday, May 2
Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, May 2.Video Length: 00:13:26More By This Author:Financial Markets Report For Wednesday, May 1Metals Report For Tuesday, April 30SPDR ETF Report For Tuesday, April 30
Asia Morning Bites For Friday, May 3
Image Source: UnsplashGlobal macro and markets Global Markets: US Treasury yields continued to decline on Thursday ahead of today’s US non-farm payrolls release. There is some market speculation that Fed Chair Powell hinted at a weak payroll number at the recent FOMC meeting. This may be helping to push yields lower. 2Y yields fell 8.7 basis points, while the yield […]
NFP: The Ultimate Litmus Test For Doves Vs. Hawks And A Central Bank Intervention Masterclass
Image Source: UnsplashUS nonfarm payrolls will undoubtedly be the focal point of upcoming data releases. The estimated figure stands at 241k, notably lower than the robust 303k reported in the previous release and below all other readings recorded this year. This anticipated decrease suggests a potential softening in the labour market, which could impact market sentiment […]
Current Analysis: PT Astra International
Image Source: UnsplashTM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.PT Astra International Tbk (PTAIY) is an Indonesia-based conglomerate of companies operating in seven segments: (1) Automotive, (2) Financial Services, (3) Energy (HEMCE), (4) Agribusiness, (5) Infrastructure and Logistics, (6) Information Technology, and […]
Financial Markets Report For Wednesday, May 1
Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, May 1.Video Length: 00:14:43More By This Author:Metals Report For Tuesday, April 30SPDR ETF Report For Tuesday, April 30Financial Markets Report For Tuesday, April 30
Apple’s Bullish Results Fuel Market Surge: Jobs Report Holds Key Tomorrow
Image Source: UnsplashHow shall I put this? Let’s see: Apple has delivered everything the bulls want on a silver platter. If the market doesn’t go raging to new highs tomorrow, you can forget about it, because AAPL only gets to report once and, at the moment, with very bull-friendly results.In turn, the Dow 30 futures in […]
GBP/USD Trades On A Stronger Note 1.2530, All Eyes On US NFP Data
Image Source: Pixabay GBP/USD holds positive ground near 1.2540 on the weaker USD on Friday. The Fed held interest rates steady on Wednesday. The BoE is expected to leave rates unchanged for the sixth time in a row at its meeting next week. The GBP/USD pair trades on a stronger note around 1.2540 amid the softer US Dollar (USD) on Friday during the early Asian […]
