Viant Technology – Using Technology For Advertising
Dec 09, 2024Jeremy Parkinson0
Summary Viant Technology shows strong technical indicators, including 100% buy signals, a 200.23+ Weighted Alpha, and a 197.08% gain in the last year. The stock has a Trend Seeker buy signal and has risen 82.02% since 9/24, with 14 new highs and up 60.24% in the last month. Viant Technology offers innovative advertising solutions like […]
Nasdaq Pulls Back From Highs As Stocks Slip
Dec 09, 2024Jeremy Parkinson0
Stocks are firmly lower at midday, retreating from last week’s gains, though the Nasdaq Composite (IXIC) managed to eke out a record high this morning before pulling back. The tech sector is taking a breather from its recent run, with Nvidia (NVDA) dipping after news of its Chinese regulatory investigation. Bitcoin (BTC) is also lower, cooling from […]
Elliott Wave Technical Forecast: WiseTech Global Limited
Dec 09, 2024Jeremy Parkinson0
ASX: WiseTech Global Limited – WTC Elliott Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with WOOLWORTHS GROUP LIMITED – WOW. We see ASX:WTC continuing to move higher with a 5-grey wave.ASX: WiseTech Global Limited – WTC 1D Chart (Semilog Scale) AnalysisFunction: Major trend (Minor degree, grey) Mode: MotiveStructure: ImpulsePosition: […]
When Politicians Are Away, Investors Come Out To Make Hay
Dec 09, 2024Jeremy Parkinson0
Image Source: Pixabay Since the US presidential elections were won by Donald Trump on November 5, 2024, normal politics there entered an interregnum or lame duck period leading to a surge of investors into a range of things. In Germany, following the collapse of the German government, the German Dax 40 stock market index went up 7% in the past month. Since […]
Sensex Today Ends 200 Points Lower; Nifty Below 24,620
Dec 09, 2024Jeremy Parkinson0
After opening the day marginally lower, the Indian benchmark remained in the negative territory as the session progressed and ended the day lower.Benchmark equity indices, BSE Sensex and NSE Nifty50, ended the week’s first trading session on a lower note on Monday. 30 out of the 50 constituent stocks of Nifty50 ended in the red, […]
USD/CAD Forecast: Loonie Tumbles After Canada Jobs Data USD/CAD technical forecast: Bulls stall near 1.4150
Dec 09, 2024Jeremy Parkinson0
The USD/CAD forecast shows bulls at the front as the Canadian dollar stays weak after downbeat domestic employment figures. Meanwhile, the dollar firmed against the loonie ahead of crucial US inflation figures.The Canadian dollar ended last week down after employment figures solidified bets for a massive Bank of Canada rate cut. Notably, Canada’s economy added […]
The Energy Report: Assad Falls
Dec 09, 2024Jeremy Parkinson0
Photo by Timothy Newman on Unsplash Oil prices are on the rise as the Assad regime in Syria falls raising questions about the geopolitical risk factors going forward. The potential for a power vacuum could lead to some unintended consequences. At the same time, the Islamist leader who is claiming to run the country suggests that he is […]
USD/CHF Price Forecast: Recovers From Lows, Bulls Target 0.8800
Dec 09, 2024Jeremy Parkinson0
USD/CHF bounces off, marking a 0.12% rise as market sentiment weighs on safe-haven currencies. Technical analysis suggests a potential for further gains if the pair surpasses the 0.8800 resistance level. Downside risk remains if USD/CHF dips below 0.8750, with subsequent support targets at 0.8726 and 0.8700. The US Dollar pares some of its earlier losses […]
Elevated Investor Sentiment And Volatility/Options Dynamics Probably Favor Contrarians
Dec 09, 2024Jeremy Parkinson0
In a seasonally favorable period, new highs keep coming for the major US equity indices. This has pushed several sentiment indicators into gross overbought territory.The S&P 500 last Friday enjoyed its 56th all-time high for the year. With three weeks of trading left, 2024 is up 27.7 percent. This comes after a 24.2-percent jump last year. […]
Bitcoin Price At Crossroads: Will It Stabilize And Surge Again?
Dec 09, 2024Jeremy Parkinson0
Bitcoin price recovered losses and climbed above $95,000. BTC is now consolidating and facing hurdles near the $101,250 resistance zone. Bitcoin started a fresh increase after it dropped toward the $90,000 zone. The price is trading below $100,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support […]