2017 - Page 1115 of 1198 -

Market Talk- March 13th, 2017

Mar 13, 2017 Jeremy Parkinson Finance 0

Core Asian markets performed well today on what has potential to be an extremely volatile week. The Nikkei bounced from early weakness but was more playing off-set from currency moves. The mood did not start so well for Japan after January Machinery Orders came in way below estimate (-3.2% against forecasts of +0.5%). This obviously […]

Elliott Wave Target: 2,700 SPX

Mar 13, 2017 Jeremy Parkinson Finance 0

Looking at the bull market advance since 2009, we can see at least two options for counting. The options are that wave 3 ended in May’15 (blue) or wave 3 is ongoing (green). The late 2015 decline certainly looks like a potential wave 4 except that the high earlier in May that year came with […]

Ackman Capitulates: Sells Entire Valeant Stake; Stock Tumbles

Mar 13, 2017 Jeremy Parkinson Finance 0

Valeant shares plunged after the close after CNBC’s David Faber first reported that Pershing Square’s Bill Ackman had liquidated his entire stake, and has effectively resigned from the board, saying he won’t stand for re-election. According to Bloomberg, Pershing Square is offering 27.23 million shares via Jefferies, at a price of $11.10-$11.40. Quoted by Reuters, […]

Inside The Window Of Opportunity Or Risk

Mar 13, 2017 Jeremy Parkinson Finance 0

Two out of the four market indices had inside trading days today. An inside day is when the current day’s trading range is literally inside the prior day’s trading range. Imagine inside days like when investors look inside a window and can only see a portion of the house. From that viewpoint, they pause and […]

Agriculture Markets Report – Monday, Mar. 13

Mar 13, 2017 Jeremy Parkinson Finance 0

A review of the day’s trading in the agriculture markets. Video Length: 00:08:58

Why The Retail Stock Market Sector Will Be An Enticing Short

Mar 13, 2017 Jeremy Parkinson Finance 0

The stock market is rising for a long time. As sentiment becomes unanimously bullish, smart investors realize that is the most reliable sign that the end of the long-term bull market is nearing. We are not bearish yet, but we realize that this long-term bull market will turn into a stock bear market at a certain point. Last week, our […]

Daily Trading Opportunities For Mar. 14

Mar 13, 2017 Jeremy Parkinson Finance 0

With most the announcements coming out during the session on Tuesday involving either CPI or PPI numbers around the world, it seems as if it will be a day that is highly focused on stock indices as these numbers represent industrial strength or weakness. DAX With the German economic sentiment numbers coming out during the […]

NAV Premiums Of Certain Precious Metal Trusts And Funds – Monday, Mar. 13

Mar 13, 2017 Jeremy Parkinson Finance 0

Sprott Offer For Central Fund of Canada Press Release dated March 8 Sprott Asset Management LP (“Sprott”), a wholly owned subsidiary of Sprott Inc. (TSX:SII), today announced that it has filed an application (the “Application”) with the Court of Queen’s Bench of Alberta (the “Court”) to formally commence proceedings which, if successful, would result in the Class […]

E Classic Elliott Analysis Shows Fall In WTI Crude Futures

Mar 13, 2017 Jeremy Parkinson Finance 0

Read anything today about the fate of WTI Crude and you’ll soon get eye strain in all the Fundamental jargon used to describe what lies ahead. For Technical Analysists, dare I say, Chartists, like myself – looking at WTI Crude shows a classic and clear Elliott Wave pattern. And, one of the great things about […]

EIA Reports Larger-Than-Expected Natural Gas Draw

Mar 13, 2017 Jeremy Parkinson Finance 0

The U.S. Energy Department’s weekly inventory release showed a larger-than-expected decrease in natural gas supplies though the withdrawal was way below average as mild weather conditions restricted heating demand. About the Weekly Natural Gas Storage Report The Weekly Natural Gas Storage Report – brought out by the Energy Information Administration (EIA) every Thursday since 2002 […]