September 2017 - Page 31 of 108 -

AUD/USD Breaks Above 0.8065 Resistance

Sep 08, 2017 Jeremy Parkinson Finance 0

AUDUSD extends its bullish movement from 0.7871 to as high as 0.8095, breaking above the previous high resistance at 0.8065. AUD/USD 4-hour Chart On the upside There is a bullish trend line with support at around 0.7990 on the 4-hour chart. There is also another bullish trend line on the daily chart now at 0.7930. […]

Confident Dudley Expects Rate Hikes Will Continue, Hurricane Effect To Provide Long Run “Economic Benefit”

Sep 08, 2017 Jeremy Parkinson Finance 0

New York Fed president William Dudley expects the Fed to proceed with its asset reduction plan at the September FOMC meeting. Dudley is upbeat on economy’s underlying trajectory and claims Hurricanes May Have Temporary Effect on Hike Timing. Federal Reserve Bank of New York President William Dudley said back-to-back hurricanes in the third quarter could temporarily […]

Get Ready

Sep 08, 2017 Jeremy Parkinson Finance 0

Over the past two weeks, my market health indicators have bounced around a bit and while doing it have been compressing near the zero line. When this happens, a strong move often follows. At the moment, the odds favor the bulls. Get ready for a rally.

The Silver Economy

Sep 08, 2017 Jeremy Parkinson Finance 0

The global pension crisis is possibly the biggest issue facing policymakers and CEO’s alike today. Earlier this year research showed that US cities and states face a $3.9 trillion gap in their pension funding obligations — an entirely unsustainable funding shortfall. In Chicago, for example, it’s estimated that the pension deficit is equal to 19 years of the city’s tax revenues. […]

USD/JPY And AUD/USD Forecast – Friday, Sept. 8

Sep 08, 2017 Jeremy Parkinson Finance 0

The US dollar fell precipitously against the Japanese yen and of course, several other currencies around the world, and as we broke down below the 108.50 level, that was a very bearish sign. At the end of the day, it looks as if the area is trying to hold, but the fact that we broke […]

Equifax Hit With $70 Billion Lawsuit After Leaking 143 Million Social Security Numbers

Sep 08, 2017 Jeremy Parkinson Finance 0

One day after Equifax announced (more than one month after it itself had learned) that its systems had been hacked, resulting in up to 143 million social security numbers, names, addresses, driver’s license data, birth dates, some credit card numbers and pretty much all other critical personal data being leaked and currently for sale somewhere on the dark […]

Let The Ball Come To You

Sep 08, 2017 Jeremy Parkinson Finance 0

I sucked at baseball when I was younger. It wasn’t because I was physically incapable of playing baseball. It was mainly because I was undisciplined and tried to do too much. For instance, I was a decent right handed hitter, but I spent half my time practicing left handed. Baseball is hard enough as it […]

Slow Wage Growth Could Be Thanks To ‘Sticky Wages’

Sep 08, 2017 Jeremy Parkinson Finance 0

The economic outlook in the United States right now is remarkably positive according to many indicators; unemployment is at its lowest since the dot-com bubble, the stock market is at record highs, and inflation is relatively mild. Wages, however, seem to be bucking the trend. Growth in nominal wage rates has remained modest despite a tight labor market, puzzling […]

Policy Divergence Revisited

Sep 08, 2017 Jeremy Parkinson Finance 0

Three years ago, the Fed had begun tightening and all other central banks were still on easy street. Now, we are at an inflection point where the Fed is now the outlier. Other central banks are likely to tighten more than the Fed. That’s negative for the US dollar and positive for longer duration US […]

70 Firms Going Ex-Dividend: Coca-Cola, Merck And T. Rowe Price

Sep 08, 2017 Jeremy Parkinson Finance 0

There are several well known large cap stocks going ex-dividend next week including the following seven Top 100 Dividend Stocks: Dr. Pepper Snapple Group, T. Rowe Price, BCE Inc., Coca-Cola, Eastman Chemical, Merck and Hess Corp. Ex-dividend dates are important to dividend investors because one must own a stock on its ex-dividend date in order to be eligible […]