March 2018 - Page 188 of 295 -

Bank Index – Testing 2007 Level, Breakout Or Double Top

Mar 13, 2018 Jeremy Parkinson Finance 0

The 2-pack above looks at the Bank Index (BKX) on a monthly and daily basis. The monthly chart (left) highlights that the index is nearing the price level where it peaked in 2007 at (1). From a long-term perspective, this is an important test for this index and the broad market in general. The daily chart (right) […]

Over-hyped And Underpriced

Mar 13, 2018 Jeremy Parkinson Finance 0

Traditional Markets Stock traders are becoming ever pickier lately as yesterday’s action clearly demonstrates. The Dow Jones is now suffering from Trump’s proposed metal tariffs, which could weigh down on industrial companies. However, tech stocks, which don’t rely on any sort of imports are flying. Here we can see the Dow Jones Industrial Average (in […]

Gold – Tuesday, March 13

Mar 13, 2018 Jeremy Parkinson Finance 0

Still below but not far away from long-term resistance line. Source: INVESTING.com

General Electric Price Target Lowered To $11 From $14 At JPMorgan

Mar 13, 2018 Jeremy Parkinson Finance 0

JPMorgan analyst Stephen Tusa cut his price target for General Electric (GE) shares to $11 from $14 and keeps an Underweight rating on the name. The stock closed yesterday up 16c to $15.10. With a “grind it out” strategy now in play, and proceeds from the $20B in targeted value going to the balance sheet […]

Aozora Banks On N. America, Europe, Japan, & Oceania

Mar 13, 2018 Jeremy Parkinson Finance 0

The Financial Services sector includes twenty industries ranging from Asset Management to 8 kinds of Banks, Credit, Exchanges, 6 kinds of Insurances, Savings, and all such financial concerns. Today I’m reviewing a bank – global, a mid-cap stock, Aozora Bank Limited. It’s trading ticker symbol is AOZOY. Aozora Bank Ltd provides a range of banking […]

Morning Call For Tuesday, March 13

Mar 13, 2018 Jeremy Parkinson Finance 0

OVERNIGHT MARKETS AND NEWS Jun E-mini S&Ps (ESM18 +0.19%) this morning are up +0.21% and European stocks are up +0.31% at a 1-1/2 week high on optimism in the global economic outlook after the OECD raised its global 2018 GDP estimate to a 7-year high of 3.9% from a Nov estimate of 3.7%. Trading activity was […]

Global Stocks, Futures Rise Ahead Of Key Inflation Report

Mar 13, 2018 Jeremy Parkinson Finance 0

After yesterday’s aborted market liftoff, which saw the S&P spike at the open then fizzle lower amid easing trade tensions and a goldilocks US economy, today world stocks are going for it again, with European stocks climbing following a mostly green Asian session. The MSCI All-Country World index of stocks was up less than […]

Biggest US Budget Deficit Since 2012 Stokes Inflation Outlook

Mar 13, 2018 Jeremy Parkinson Finance 0

The US federal government on Monday reported its biggest budget deficit in February in six years. By some accounts, the news offers another reason for projecting that Washington’s red ink and inflationary pressures will heat up in the months and years ahead. Some analysts warn that the tax cuts enacted last year will raise the government’s debt […]

Major Currency Pairs Close To Breaking Trend Lines

Mar 13, 2018 Jeremy Parkinson Finance 0

EUR/USD 4 hour The EUR/USD is in a large consolidation zone and the new direction will depend whether price breaks above resistance (red) or below support (green). A bullish breakout would confirm the expected wave 5 pattern. 1 hour The EUR/USD is building a channel which could indicate a larger WXY (blue) correction within wave […]

Why Small-Cap Put Writing Indexes Make Sense

Mar 13, 2018 Jeremy Parkinson Finance 0

Volatility is often a big concern for investors when allocating to risky assets such as small-cap equities. I recently demonstrated how investors can mitigate risk in their small-cap allocations by utilizing strategies such as the WisdomTree CBOE Russell 2000 PutWrite Strategy Fund (RPUT). The strategy is designed to sell cash-secured monthly put options on the Russell 2000 Index and collect premiums that act […]