3 Hot Stocks Suited For Momentum Investors
Sep 19, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashMomentum investors look to ride bullish trends where buyers are in control.And pairing the strategy with the Zacks Rank makes the approach even more potent. Three stocks – EMCOR (EME – Free Report), Progressive (PGR – Free Report), and Sprouts Farmers Market (SFM – Free Report) – fit the strategy.All three have seen positive price action recently, displaying relative strength […]
Asia Morning Bites For Thursday, Sept 19
Sep 18, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashGlobal Macro and Markets Global Markets: After all the anticipation, the Fed did not disappoint, and delivered the 50bp cuts the markets had been pushing for. The market reaction was fairly muted, which is probably a good indication that the cuts were neither too excessive to needlessly juice risk assets nor too little to […]
Market Briefing For Thursday, Sept 19
Sep 18, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashAs the Fed did do the 50 basis point rate cut, with just one dissenter at the FOMC meeting. The Fed Chairman tended to moderate his comments accordingly; indicating more work to do; but dismissed inflation pressures from labor, and so on.Basically inflation (at slower pace) expectations remain ‘well anchored’ as he put it, […]
Tupperware’s Bankruptcy Crisis: Can This Iconic Brand Make A Comeback?
Sep 18, 2024
Jeremy Parkinson
Finance, No picture
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. The 78-year-old brand revolutionized kitchen storage. But on Sep. 17, Tupperware filed for bankruptcy in the United States. Tupperware’s collapse is emblematic of the struggles faced by many legacy brands. Tupperware (TUP) […]
Interest Rates Slashed To 5% By Fed: Comprehensive Elliott Wave Insights On Major Market Indices
Sep 18, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashS&P 500, Nasdaq 100, Russell 2000, DAX 40, FTSE 100, and ASX 200, were all analyzed using Elliott Wave Technical Analysis.Market Insights Following the Fed’s recent rate cut, we’ve identified a peak in major indices and many individual stocks, presenting a prime opportunity to enter long positions. For optimal entry prices, consider waiting until […]
Fed’s First Rate Cut In Four Years Could Propel This Sector To New Heights
Sep 18, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashThe Federal Reserve is set to cut interest rates for the first time in four years.And there’s one sector that is about to soar even higher … homebuilders.Even when interest rates were rising, homebuilders have been crushing expectations.When the Fed began raising rates in March 2022, homebuilders were off to the races…They have way […]
Stocks Drop Despite A Surprisingly Dovish Fed Rate Cut
Sep 18, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashAfter over two years of Fed pauses, pivots, and uncertainty, the Fed has finally kicked off a new cycle by cutting its overnight rate by 50 bps and delivering an even more dovish dot plot than expected. The Fed removed much of the guesswork this time, clearly signaling they are cutting rates to the […]
Want Boring? Consider The Most Consistent Stock On The Market
Sep 18, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The markets have been anything but boring lately, with wild swings up and down over the past two months in particular. If you find it all a bit unsettling, consider Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B); the most consistent stock on the market.Some might even call the company run by Warren Buffett for almost 60 years boring […]
Traders Return To The Drawing Board After The Fed’s Dovish Dud
Sep 18, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Wednesday’s stock market session was a rollercoaster, swinging wildly as the Federal Reserve delivered a much-anticipated half-percentage-point rate cut. Traders initially cheered the move like it was Christmas morning, but the euphoria quickly fizzled when the Fed hinted they weren’t in any rush to keep slashing rates aggressively. The market, which had already […]
SEC charges Rari Capital and co-founders over unregistered securities
Sep 18, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Rari Capital and its co-founders settle with the SEC over unregistered securities offerings. The SEC continues to enforce regulations in the DeFi sector, emphasizing economic realities over labels. Share this article The US Securities and Exchange Commission (SEC) has settled charges with Rari Capital and its co-founders for unregistered securities offerings and misleading […]