October 2017 - Page 18 of 215 -

Tesla Downgraded To In Line On Model 3 Caution At Evercore ISI

Oct 27, 2017 Jeremy Parkinson Finance 0

As previously reported, Evercore ISI analyst George Galliers downgraded Tesla to In Line from Outperform citing a more cautious view on Model 3 production. While he said he remains positive on Tesla as a company, Galliers added that “clearly” Q3 production was weaker than Tesla expected and at this point, he has little insight […]

The ECB: Moving The Goalposts Or Real Tapering?

Oct 27, 2017 Jeremy Parkinson Finance 0

Is the “normalizing monetary policy musical chairs” trend now moving in the European Central Bank’s (ECB) direction? The Federal Reserve (Fed) started the process in December 2015 by beginning to remove its zero interest rate policy and followed the process to its next step, paring down its balance sheet starting in October. The Bank of Canada joined the rate-hike party in July, while […]

Weekend Reading: Markets Love Central Banks – No Matter What They Do

Oct 27, 2017 Jeremy Parkinson Finance 0

I discussed yesterday, the apparent “myth” of the Fed’s proposed “balance sheet reduction” program as the most recent analysis shows a $13.5 billion “reinvestment” into their balance sheet which has helped fuel the recent market advance. But therein lies the potential “fatal flaw” of the “bullish logic.” At the September FOMC meeting, the Federal Reserve announced their latest decision which contained two primary components: No […]

Why For Euro Bulls The Pain Is Only Just Starting

Oct 27, 2017 Jeremy Parkinson Finance 0

Judging by the 200 pip tumble since the ECB’s meeting on Thursday, the EUR/USD was at 1.1614 moments ago, the unexpectedly dovish taper clearly surprised many, and attention has fallen on the open-ended nature of the operation as the focus of that surprise. And speaking of said “open-ended” taper, overnight Boersen-Zeitung reported that Bundesbank President Jens […]

Tax Cuts Are Bullish For Oil

Oct 27, 2017 Jeremy Parkinson Finance 0

While the recent surge to 2-year highs on Brent Crude may slow because of a strong dollar. Yet, the expected march to a tax cut deal in the U.S. is bullish for oil. Tax cuts will equate to growth and that is music to oil bull ears. Demand that has already been surging around the […]

A “Marcus Trifecta” Look At Markets

Oct 27, 2017 Jeremy Parkinson Finance 0

Over the last few months, I’ve written about how we expect growth and inflation to pick up and surprise to the upside in the coming quarters. This belief is built on positive pressures we’re seeing within the economy as we move into the ‘overheat phase’ and the world benefits from the wealth S-curve tipping point. And with the […]

US 30-Yr Treasury Yield

Oct 27, 2017 Jeremy Parkinson Finance 0

The bond yield will soon challenge its long-term downtrend. Source: INVESTING.com

Sensex Finishes The Week On A Flat Note; Energy & Bank Stocks Plunge

Oct 27, 2017 Jeremy Parkinson Finance 0

Indian share markets finished the trading week on a flat note after hitting record highs earlier during the day. At the closing bell, the BSE Sensex closed higher by 10 points and the NSE Nifty finished down by 21 points. The S&P BSE Mid Cap finished up by 0.3% while S&P BSE Small Cap finished up by 0.2%. Gains were largely seen in pharma stocks and automobile […]

FTSE Elliott Wave Analysis: Ended Correction

Oct 27, 2017 Jeremy Parkinson Finance 0

FTSE Elliott Wave view suggests that decline to 7199.5 ended Primary wave ((4)). Up from there, the rally is unfolding as an impulse Elliott Wave structure where Minor wave 1 ended at 7327.5 and pullback to 7289.75 ended Minor wave 2. Rally to 7494.34 ended Minor wave 3, and pullback to 7473.12 ended Minor wave 4. Minor […]

Global Asset Allocation Update – Friday, October 27

Oct 27, 2017 Jeremy Parkinson Finance 0

The risk budget this month shifts slightly as we add cash to the portfolio. For the moderate risk investor, the allocation to bonds is unchanged at 50%, risk assets are reduced to 45% and cash is raised to 5%. The changes this month are modest and may prove temporary but I felt a move to […]