April 2016 - Page 17 of 63 -

T2108 Update – A Nervous Market Awaits More Fed Refreshments

Apr 06, 2016 Jeremy Parkinson Finance 0

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are occasionally posted on […]

Stocks Rebound In Calm Trading On Back Of Stronger Crude, Dollar

Apr 06, 2016 Jeremy Parkinson Finance 0

Unlike yesterday’s overnight session, which saw some substantial carry FX volatility and tumbling European yields in the aftermath of the TSY’s anti-inversion decree, leading to a return of fears that the next leg down in markets is upon us, the overnight session has been far calmer, assisted in no small part by the latest China […]

EUR/USD And GBP/USD Forecast – April 6, 2016

Apr 06, 2016 Jeremy Parkinson Finance 0

EUR/USD The EUR/USD pair initially fell during the day on Tuesday, but turn right back around to form a bit of a hammer. The hammer of course is a bullish sign, and the fact that we formed this hammer at the very top of an uptrend tells me that the buying pressure is still very […]

DAX 30 Aiming To Claw Back Losses

Apr 06, 2016 Jeremy Parkinson Finance 0

Yesterday’s losing sectors, Energy producers and Automobile manufacturers, are today’s current winners. However, the gains for the DAX 30 today are small in relation to this week’s losses. At the time of writing the index (FXCM: GER30) is up by 52 points from yesterday’s low, but down by 338 points from this week’s high of […]

Don’t Buy The Greatest Fools’ Theory Of Investment Value

Apr 06, 2016 Jeremy Parkinson Finance 0

We are now entering earnings season once again. Pre-announcements have been the second-worst seen over the past decade. Negative EPS Guidance Approaches 10 Year Record https://t.co/ZtS4L0fEqd pic.twitter.com/ZhgRxeQiqb — Jesse Felder (@jessefelder) April 1, 2016 This has analysts lowering estimates. In fact, they’ve been lowered so far quarterly earnings now look to fall all the way back […]

Pfizer And Allergan To Mutually Terminate Merger, CNBC Reports

Apr 06, 2016 Jeremy Parkinson Finance 0

Pfizer (PFE) and Allergan (AGN) will mutually terminate their merger this morning following changes in U.S. tax regulations, CNBC’s David Faber reported late last night, citing sources. Pfizer will pay Allergan a $400M breakup fee, Faber added. Shares of Allergan fell yesterday 15% to $236.03 after the Treasury announced new inversion rules. Reference Link

The Coca-Cola Company Losing Some Fizz

Apr 06, 2016 Jeremy Parkinson Finance 0

The Coca-Cola (KO) Company is currently trading at $46.72 per share. By midday on Tuesday, 4 April the stock was 0.32% lower, for a loss of $0.18. The stock has a 52-week trading range of $36.56 on the low end and $46.93 on the high-end. The price/earnings ratio is 27.96 and the earnings per share is 1.67. Coca-Cola […]

Greenback Finds A Little Traction

Apr 06, 2016 Jeremy Parkinson Finance 0

The US dollar is better bid today but remains largely in the ranges seen in recent days. There a few developments to note, which together are lifting European equities after Asian equities softened. First, the API oil inventory estimate showed an unexpected fall of 4.3 mln barrels. An increase of half the magnitude was expected. The […]

Will Falling Treasury Yields Create New Headwind US Equities?

Apr 06, 2016 Jeremy Parkinson Finance 0

The risk-off trade is back in high gear, according to Treasury yields. The downside momentum in the benchmark 10-year yield is particularly conspicuous, based on daily data through yesterday (Apr. 5) via Treasury.gov. One theory making the rounds: the slide in the 10-year yield to 1.73% on Tuesday — a five-week low — is the […]

WTI Crude Oil And Natural Gas Forecast – 4/6/2016

Apr 06, 2016 Jeremy Parkinson Finance 0

WTI Crude Oil The WTI Crude Oil market rose during the day on Tuesday, as we continue to see quite a bit of volatility. However, I believe that we are going to see an exhaustive candle soon enough to start selling. While the FOMC Meeting Minutes could be very dovish for the US dollar, we […]