March 2018 - Page 11 of 295 -

Yen Extends Gains, Spot FX May Offer Clues On Post-Holiday Moves

Mar 30, 2018 Jeremy Parkinson Finance 0

The Japanese Yen rose in otherwise quiet Asia Pacific trade. The move built upon gains in the prior session, which took the currency higher against all of its G10 FX counterparts. Absent a clear-cut catalyst, the move may reflect markets on auto-pilot as liquidity thins into Good Friday holiday closures. European bourses will remain shuttered into the […]

Tesla Sinks After Hours: Model S Recalled, Bonds Collapse, Fraud Lawsuit Goes On

Mar 30, 2018 Jeremy Parkinson Finance 0

It’s a beautiful trifecta for Tesla this evening, provided you are short. I have no position. MarketWatch reports Tesla stock falls even farther after recall of 123,000 Model S cars. Tesla Inc. finished off its worst month in seven years with the news late Thursday that the electric-auto maker is recalling 123,000 Model S vehicles due […]

What The Gold-Silver Ratio Says About The Future Silver Price

Mar 30, 2018 Jeremy Parkinson Finance 0

While silver investment demand is totally off the radar, certain indicators, including the Gold-Silver ratio, suggest that interest in the poor man’s gold will likely increase significantly over the next few years. The rising interest in silver will also occur as the broader markets continue to meltdown towards more realistic valuations. In my recent youtube video, Amazing […]

Credit Managers’ Index

Mar 30, 2018 Jeremy Parkinson Finance 0

The NACM “Credit Managers’ Index” or CMI is the often forgotten indicator which, similar to its cousin the PMI (Purchasing Managers’ Index), tracks credit conditions based on a survey of credit managers. Its definitely an indicator to keep an eye on because it can provide critical and timely insights on credit conditions as well as broader economic […]

S&P 500 And Nasdaq 100 Forecast – Friday, March 30

Mar 30, 2018 Jeremy Parkinson Finance 0

S&P 500 The S&P 500 rallied a bit during the trading session on Thursday, bouncing from the 2600 level. By rallying the way, we have, it looks as if were going to test the 2680 handle. I think at this point, we will find buyers eventually, and the pullback should offer value. The 2600 level […]

Bitcoin: My Call For $5,500 Still Stands

Mar 30, 2018 Jeremy Parkinson Finance 0

Bitcoin is still crashing and there is no reason to be owning it at this point. If you are still buying it, you are likely doing so in hopes of it recapturing its old glory. That’s not happening. That train has left the station. Instead, heed my words – I have been saying since January […]

S&P 500 Snapshot: Close To A Correction This Week

Mar 30, 2018 Jeremy Parkinson Finance 0

The S&P 500 saw another week of losses, down 2.04% from last Thursday. Four out of five days were losses and last Thursday was almost a correction at 9.9% below the all-time high. It is down 2.04% YTD and is 8.08% below its record close. The U.S. Treasury puts the closing yield on the 10-year […]

A Deceleration In Economic Activity?

Mar 30, 2018 Jeremy Parkinson Finance 0

Third release numbers on GDP are out. Growth of Gross Domestic Output — the average of GDP and GDI — is down much more than that of GDP: nearly a percentage point. Figure 1: Quarter-on-quarter output growth as measured by GDP (red), and by GDO (blue), SAAR. 2018Q1 figures are forecasts as for March 29, from Macroeconomic Advisers […]

Crude Oil, Gold Prices Positioned For Weakness Into Holiday Lull

Mar 30, 2018 Jeremy Parkinson Finance 0

Commodity prices marked time as investors settled in for market closures in observance of the Good Friday holiday. Australia, Hong Kong and most of Europe’s largest exchanges remain closed through Monday, making for thin liquidity. While that might delay any significant trend development until Tuesday, traders would be wise to keep an eye on weekend […]

E Was It Possible To Predict Thursday’s Big Rally?

Mar 30, 2018 Jeremy Parkinson Finance 0

The stock market and tech stocks in particular have been under the pump recently. A lot of traders have been wondering when we will find the bottom. FB has been particular hard hit due to privacy issues, I wrote about three different trade ideas here. Stocks rallied strongly on Thursday, so my question is, was it […]