November 2017 - Page 125 of 222 -

S&P 500 And Nasdaq 100 Forecast – Thursday, Nov. 16

Nov 16, 2017 Jeremy Parkinson Finance 0

S&P 500 The S&P 500 has fallen a bit during the trading session on Wednesday, as we have broken through the bottom of several hammers. I believe at this point the S&P 500 will probably continue to drift a bit lower, perhaps looking for support near the 2550 handle. That would be a move that […]

The Payment Breakthrough That Could Revolutionize Small Businesses

Nov 16, 2017 Jeremy Parkinson Finance 0

Fully in the grips of the digital age, it seems safe to say that cash is no longer king. With speed, ease and overall convenience the calls of the day, people are increasingly turning to alternative payment methods, be it credit cards, automatic online transactions or otherwise. The big worry that this presented was that […]

Asian Shares, USD Higher As Wall Street Slips

Nov 16, 2017 Jeremy Parkinson Finance 0

Wall Street remained under pressure on Wednesday as investors continued to worry about the U.S. tax reforms after two Republicans spoke out against their party’s latest Senate proposal, but that didn’t keep Asian shares and the U.S. dollar from heading higher on Thursday, bolstered by solid economic data out in both Australia and the U.S. […]

EC Above The 40 – A Stock Market That Wants To Drop

Nov 16, 2017 Jeremy Parkinson Finance 0

AT40 = 41.1% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 51.7% of stocks are trading above their respective 200DMAsVIX = 13.1 (as high as 14.5)Short-term Trading Call: cautiously bullish Commentary The narrowing rally in the stock market has officially resolved into a sell-off. The downward slide is a very slow burn, but the […]

NZD/USD: After The Storm, What’s Next?

Nov 16, 2017 Jeremy Parkinson Finance 0

The kiwi dollar had a roller-coaster period following the elections. Jacinda Ardern’s ascent to leading the country was accompanied by a big fall in the currency, especially due to the plans to change the RBNZ’s mandate. What’s next? Here are two opinions. Here is their view, courtesy of eFXnews: NZD/USD: Relatively Calm After A Busy Political Month; […]

Sensex Opens In Green; Energy Stocks Gain The Most

Nov 16, 2017 Jeremy Parkinson Finance 0

Asian stock markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.83% while the Hang Seng is up 0.59%. The Shanghai Composite is trading down by 0.1%. Overnight, US and European markets closed lower. Meanwhile, Indian share markets too have opened the day higher. BSE Sensex is trading higher by 131 points and NSE Nifty is trading higher […]

E Market Briefing For Friday, Nov. 17

Nov 16, 2017 Jeremy Parkinson Finance 0

Daily action can actually move higher if Oil kicks in; otherwise it’s fits and starts based on nominal stories or earnings (most of which are now behind). Generally this remains a stressed market; which is again how they were able (not surprised) to rally stocks and corner the shorts. I have said so many times […]

GBP/USD Daily Analysis – Thursday, November 16

Nov 16, 2017 Jeremy Parkinson Finance 0

GBP/USD is now facing 1.3229 resistance. A break above this level could take price to next resistance level at 1.3337. Above this level could trigger further upside move to 1.3470 area. However, as long as 1.3337 resistance holds, the sideways movement in the trading range between 1.3027 and 1.3337 could be treated as consolidation of […]

Aussie Dollar Pressured By Disappointing Data

Nov 16, 2017 Jeremy Parkinson Finance 0

The Aussie Dollar was among the currency world’s biggest movers, losing some 0.6% against the US Dollar and touching on a 4-month trough. That movement comes on the heels of disappointing labor data from Australia, which showed that third quarter wage price index rose 0.5% (quarter-over-quarter) and 2.0% (year-over-year), falling short of analysts’ forecasts of a […]

Piper Ups Cisco Target To $37 On ‘Strong’ Quarter

Nov 16, 2017 Jeremy Parkinson Finance 0

Cisco Systems reported modest upside versus October quarter estimates while guiding revenue and earnings above expectations for the January quarter, Piper Jaffray analyst Troy Jensen tells investors in post-earnings research note partially titled “Company Networks Together Strong Results.” The analyst sees Cisco’s transition to more of a software based model impeding any substantial near-term revenue […]