2017 - Page 46 of 1198 -

Euro-Area Inflation Rises Less Than Expected; Unemployment At 8-Year Low

Nov 30, 2017 Jeremy Parkinson Finance 0

Prices in the Euro-area remains below expectation in November, even though the economy has managed to sustain growth in recent times. It is yet to substantially pressure prices. The flash consumer price index which measures inflation climbed from 1.4 percent in October to 1.5 percent in November, according to European Union Statistics office. This was lower […]

Above The 40 – Bullish Divergence Powers Through A Wicked Rotation

Nov 30, 2017 Jeremy Parkinson Finance 0

AT40 = 59.8% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 59.1% of stocks are trading above their respective 200DMAsVIX = 10.7Short-term Trading Call: cautiously bullish Commentary “Time is ticking away for the bears and sellers as the period between Thanksgiving and Christmas is typically a very mild, even bullish, period for the stock […]

US Dollar Comes Back Bid, But Brexit Hopes Underpin Sterling

Nov 30, 2017 Jeremy Parkinson Finance 0

The US dollar is broadly firmer. The rise in US yields yesterday has seen the greenback extend its recovery against the yen. It briefly pushed through JPY112.40, after dipping below JPY111.00 at the start of the week, for the first time since mid-September. Since the end of last week, been capped at the 200-day moving average […]

BTC/USD Forex Signal – Thursday, Nov. 30

Nov 30, 2017 Jeremy Parkinson Finance 0

Yesterday’s signals were not triggered, as although there was bullish price action at $9362.32, the entry would not have been before 5pm New York time. Today’s BTC/USD Signals Risk 1.00% per trade. Trades must be taken before 5pm New York time today only. Long Trades Go long after a bullish price action reversal on the H1 […]

How Much Credit Does Trump Deserve For Economic Growth?

Nov 30, 2017 Jeremy Parkinson Finance 0

US economic growth was revised up to a 3.3% pace in yesterday second GDP estimate for the third quarter – the strongest quarterly rise in three years. Fourth-quarter estimates look upbeat too, holding out the possibility that output will rise by 3%-plus for three quarters in a row. If the Q4 prediction is correct, the US will post its […]

Crude Oil Prices May Struggle Even As OPEC, Allies Extend Cuts

Nov 30, 2017 Jeremy Parkinson Finance 0

Crude oil prices are firmly focused on the outcome of an OPEC meeting getting underway in Vienna. The cartel and a group of like-minded producers are expected to announce the extension of an output cut scheme expiring in March. Baseline expectations envision prolonging the effort for nine months. That much may be in the price already, meaning it […]

EURUSD: Trend Line Broken

Nov 30, 2017 Jeremy Parkinson Finance 0

Previous: On Wednesday the 29th of November, trading on the euro/dollar pair closed slightly up. Buyers recovered all their intraday losses during the American session after the British pound made some gains. The pound was boosted by the news that the UK had reached a deal with Brussels “in principle” regarding the EU divorce bill. The […]

WTI Crude Oil And Natural Gas Forecast – Thursday, Nov. 30

Nov 30, 2017 Jeremy Parkinson Finance 0

WTI Crude Oil The WTI Crude Oil market had a volatile session as one would expect, because we got the Crude Oil Inventories announcement. While the headline number was very bullish, the distillate numbers were a very mixed picture, and of course the fact that a lot of the headline number was due to Thanksgiving […]

Old Republic International Corporation (ORI): Bireme Capital Opens New Position In Q3

Nov 30, 2017 Jeremy Parkinson Finance 0

Bireme Capital recently released its Q3 investor letter (you can download a copy here) in which the hedge fund discussed its investment thesis on Old Republic International Corporation (NYSE:ORI) and other companies. Bireme Capital opened a new position in the insurance provider during the third quarter. Here are the fund’s comments about Old Republic: Old Republic provides several distinct types of insurance: title, […]

EUR/USD Continuation Of The Rooftop Pattern Below 1.1800

Nov 30, 2017 Jeremy Parkinson Finance 0

The EUR/USD has formed a huge bearish rooftop pattern with a clear support within 1.1810-00 zone. 1.1865-85 is the POC zone where now moment sellers might be waiting for. Month-end demand can usually be volatile and EUR/USD seem to be offered within the POC zone. Break below 1.1800 and the pair could target 1.1775 and […]