Is AI The Future For Salesforce? Insights From Recent Earnings
Dec 08, 2024
Jeremy Parkinson
Finance
Image: BigstockSalesforce (CRM – Free Report) reported its fiscal Q3 earnings on Tuesday, revealing a mixed bag of results that still managed to excite investors. While the company slightly missed analyst estimates on earnings, it exceeded expectations on revenue, reporting $9.44 billion—a robust 8% year-over-year increase.Operating cash flow surged 29% year-over-year to $1.98 billion, with free cash flow climbing […]
Weekly Technical Update: S&P 500 – Sunday, Dec. 8
Dec 08, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashIt seems there’s not much to adjust with my long-term view of the S&P 500. The market has moved higher, and the next correction may be in sight.00:28:21More By This Author:Weekly Technical Update: Nasdaq 100 – Sunday, Dec. 8Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, Dec 5 Nasdaq 100 & S&P 500 Elliott […]
U.S.-China Trade War: Is The Latest Battle Really Tit For Tat?
Dec 08, 2024
Jeremy Parkinson
Finance
Image Source: PexelsThe United States and China have seemingly moved closer to an all-out trade war as China recently banned export of the key, high-tech metals antimony, gallium, and germanium to the United States. That was in response to the United States banning exports to China of computer chip-making equipment, software, and high-bandwidth memory chips (used for advanced […]
ETF Review – Sunday, Dec. 8
Dec 08, 2024
Jeremy Parkinson
Finance
Image Source: PixabayI’m going to set aside my weekend dependence on videos (which are much easier than posts), and actually muster up some text and graphics instead. This time, I’d like to home in on a group of the key exchange-traded funds.First up is the DIA ETF, which has been cruising along its ascending price channel for, […]
My 22-Year-Old Son Loves Bitcoin. Here’s My Response.
Dec 08, 2024
Jeremy Parkinson
Finance
Image Source: PixabayAlright, let’s talk about Bitcoin. One of the most controversial and volatile assets, Bitcoin is – depending on who you ask – either a total fraud or the future of finance.In the former camp, you have the likes of Charlie Munger, Warren Buffett’s late business partner, who called it “totally, absolutely crazy, stupid gambling.” […]
XSMO: A Momentum Fund Capitalizing On The Solid Economic Backdrop
Dec 08, 2024
Jeremy Parkinson
Finance
Image source: Pexels, Photo by MonsteraNow that the noise of the election season is over, it is time to return to fundamentals. That means the economy and Fed policy. The good news is that despite considerable uncertainty, we find these key fundamentals working in investors’ favor. I like the look of the Invesco S&P SmallCap Momentum ETF (XSMO) […]
Large-Cap Stocks In Trouble – Sunday, Dec. 8
Dec 08, 2024
Jeremy Parkinson
Finance
Image Source: PexelsOver the past 12 months, a group of 10 large-cap stocks have underperformed all others. Here’s an updated look at the top 10 worst performing large-caps, along with their one-year price returns. Note that these numbers are as of Dec. 4, 2024. Additionally, here’s what they look like in a single illustrated chart:More By This Author:PepsiCo Inc DCF […]
Growth ETFs Win In 2024: What’s In Store For 2025?
Dec 08, 2024
Jeremy Parkinson
Finance
Image: BigstockWall Street has been on a strong rally this year, driven by the artificial intelligence (AI) craze and rate cut optimism amid recession fears and geopolitical tensions that weighed on investors’ confidence. Additionally, optimism surrounding growth under the second term of President-elect Donald Trump has been fueling stocks post-election.Not only did the three major […]
Pairs In Focus – Sunday, Dec. 8
Dec 08, 2024
Jeremy Parkinson
Finance
Image Source: Pixabay Nikkei 225 Over the last week, we have seen the Nikkei 225 index rally, but it has been stuck in a range of about JPY2500 points. The JPY40,000 level above continues to be like a brick wall, so if traders can get a daily close above there, then I think the Nikkei 225 would start to take […]
The Market Is Nearing A Climatic Event Due To Liquidity Strains And Valuation Peaks
Dec 08, 2024
Jeremy Parkinson
Finance
The incoming week will be an important one, with finalized third-quarter productivity data on Tuesday, the CPI on Wednesday, the PPI on Thursday, and Import/Export prices on Friday. The CPI is expected to show a 0.3% month-over-month increase, up from 0.2% last month, while core CPI is also projected to rise by 0.3% month-over-month.Headline CPI is anticipated […]