March 2018 - Page 189 of 295 -

Traders Are ‘Jumping At Shadows’ Ahead Of Key Data In The U.S.

Mar 13, 2018 Jeremy Parkinson Finance 0

Ok, CPI is just around the corner and folks are nervously eyeing the number although anecdotally, there’s nowhere near the level of anxiety we saw last month when everyone was convinced that a hotter-than-expected read on inflation stateside could usher in the end times following the AHE-inspired February equity rout. “FX, bonds, and stocks are […]

The Great Netflix Bubble

Mar 13, 2018 Jeremy Parkinson Finance 0

Valuation doesn’t matter; until it does. The path to being a great investor is to ignore the short-term and focus on long-term risk and reward. The markets don’t always correct immediately, but over the long-term, gravity can knock high-flying stocks out of the sky. Netflix is in a giant bubble right now. I feel 100% […]

“Main Street Is On Fire Again”: Small Business Confidence Surges To Highest Since 1983

Mar 13, 2018 Jeremy Parkinson Finance 0

While it has been accused in the past of pandering to various political organizations, the NFIB Small Business Economic Trends Survey nonetheless reflects the mood of America’s main street corporations. And according to the March release of the NFIB index, small business owners are showing “unprecedented confidence” in the economy as the optimism index continues at […]

Hiring Rises In February, Unemployment Rate Steady At 4.1%

Mar 13, 2018 Jeremy Parkinson Finance 0

Hiring rises in February in the United States as more people were seen joining the workforce, underlining the fact that the U.S. economy could potentially continue at the same pace without overheating. Reacting to the payrolls report, the equity markets have pushed the major indices higher on the day while the U.S. dollar was met […]

WTI Crude Oil And Natural Gas Forecast – Tuesday, March 13

Mar 13, 2018 Jeremy Parkinson Finance 0

WTI Crude Oil The WTI Crude Oil market has been noisy during Monday trading, falling significantly but finding buyers later in the day. I think at this point, it looks as if the $61.50 level will continue to attract traders and is essentially the “fair value” level that we are trading at. If we can […]

USD/CAD Daily Analysis – Tuesday, March 13

Mar 13, 2018 Jeremy Parkinson Finance 0

USD/CAD remains in the uptrend from 1.2247, the pullback from 1.3000 is likely consolidation for the uptrend. Support is located at the bottom trend line of the price channel on the 4-hour chart. As long as the channel support holds, the uptrend could be expected to resumed, and another rise towards 1.3100 is still possible […]

Expect A Bumpy Ride In These Energy Stocks

Mar 13, 2018 Jeremy Parkinson Finance 0

The oil market, notwithstanding its recent rise, could be undermined by soaring U.S. production. Volume from U.S. oil fields (inclusive of shale) has risen 22% since mid-2016 to 10.3 million barrels per day – the most since the EIA started maintaining weekly data in 1983. In early February, oil production broke through the 10 million […]

EUR/USD: Uptrend Remains Intact

Mar 13, 2018 Jeremy Parkinson Finance 0

Previous: On Monday the 12th of March, trading on the EUR/USD pair closed slightly up. There were price fluctuations in both directions. During the European session, the euro bulls hit a high of 1.2340, after which the euro slumped to 1.2290. In terms of the intraday dynamics, these movements were similar to Friday’s. The euro recovered […]

US To Become Biggest Producer Of Oil In The World?

Mar 13, 2018 Jeremy Parkinson Finance 0

By next year, the US will become the world’s largest oil producer thanks to the fracking boom. Perhaps the US outdid the current Primus Russia earlier this year, said International Energy Agency (IEA) chief Fatih Birol: “The growth of US shale oil is strong and the pace is very high – the US will soon […]

BLS 95 Million Unemployed

Mar 13, 2018 Jeremy Parkinson Finance 0

The Bureau Labor Statistics (BLS) states clearly that 95 Million people in the US are not in the labor force! Those who are quite alarmed by this shocking number include: Chief Economist Dan North, CNBC financial reporter Rick Santelli and Peter Boockvar, Chief analyst of the Lindsey Group. Echoing these paragons of credibility is President […]