March 2018 - Page 178 of 295 -

Strong U.S. Retail Sales Report To Tame EUR/USD Rebound

Mar 14, 2018 Jeremy Parkinson Finance 0

TRADING THE NEWS: U.S. RETAIL SALES A 0.3% rise in U.S. Retail Sales may spark a limited reaction as it does little to alter the monetary policy outlook, but a marked rebound in household consumption may curb the recent advance in EUR/USD as it boosts the outlook for growth and inflation. Signs of growing demand […]

The Big Four Economic Indicators: February Nonfarm Employment

Mar 14, 2018 Jeremy Parkinson Finance 0

Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close as they get to identifying their method. There is, however, a general belief that there are four big indicators that the committee weighs […]

Above The 40 – Here We Go Again – Stock Market Trips Over Trade War Talk

Mar 14, 2018 Jeremy Parkinson Finance 0

AT40 = 48.7% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 51.9% of stocks are trading above their respective 200DMAsVIX = 16.4Short-term Trading Call: bullish Commentary It’s like deja vu again. The smoke just barely cleared from defusing Trump’s tripwire over trade wars, and now the market is wrestling with rumors that President Trump is considering […]

AUD/USD Daily Analysis – Wednesday, March 14

Mar 14, 2018 Jeremy Parkinson Finance 0

AUD/USD stays above a bullish trend line on its 4-hour and remains in the uptrend from 0.7712. As long as the trend line support holds, the uptrend could be expected to continue and next target would be at 0.7950 area. On the downside, a clear break below the trend line support would suggest that the […]

Dollar Bear Celebrates Disappointing CPI

Mar 14, 2018 Jeremy Parkinson Finance 0

Gold rallied 1000pts after the disappointing US CPI, will the rally continue? Fed is not under any immediate pressure to accelerate tightening of monetary policy after the CPI reading overnight. February CPI headline is in-line with consensus expectations, rising 0.2% after a 0.5% increase in January, and 2.2% y/y from a 2.1% gain in the […]

Sensex, Nifty Trade Lower; Energy & Metal Stocks In Red

Mar 14, 2018 Jeremy Parkinson Finance 0

Indian share markets continued to trade on a weak note during the noon session. Losses were largely seen in PSU stocks, metal stocks and energy stocks. The BSE Sensex is trading lower by 150 points and the NSE Nifty is trading down by 62 points. Meanwhile, the BSE Mid Cap index is trading up by 0.1% & the BSE Small Cap index is down by 0.1%. The rupee […]

E Market Briefing For Wednesday, March 14

Mar 14, 2018 Jeremy Parkinson Finance 0

March Madness might reasonably describe the bullish rationales that predominate market behavior currently; aside any day (of course) we get an ‘actual’ S&P decline like Tuesday’s projected likely faltering morning rally; and then failing midday recovery effort. Even now they’ll say just another dip; and ignore possibilities the market is running out of fuel, as […]

The X’s And Y’s Of Jerome Powell And The Long End, As Calculated By Eurodollar Futures

Mar 14, 2018 Jeremy Parkinson Finance 0

For the end-of-bond-bull-market-crowd, 3% is a line in the sand. There is no inherent significance in that number, except that it’s a round one. The benchmark 10s as of now trade with regard to that level as if it’s a ceiling. That’s what makes it so momentous. In 2013, the yield finally broke 3% the […]

Exxon And Biofuels: The Oil Giant Sees Promise In Algae

Mar 14, 2018 Jeremy Parkinson Finance 0

Production of advanced biofuels made from algae could grow rapidly in the late 2020s, according to Synthetic Genomics, the biotech company that has formed a partnership with ExxonMobil (XOM) to develop the fuel. The two companies said last week that by 2025 they were aiming to set up one or more demonstration plants to produce […]

Q Ratio And Market Valuation: Z.1 Update

Mar 14, 2018 Jeremy Parkinson Finance 0

The Q Ratio is a popular method of estimating the fair value of the stock market developed by Nobel Laureate James Tobin. It’s a fairly simple concept, but laborious to calculate. The Q Ratio is the total price of the market divided by the replacement cost of all its companies. Fortunately, the government does the […]