March 2018 - Page 208 of 295 -

Weekly Market Outlook – The Best And Worst Possible Kind Of Breakout

Mar 11, 2018 Jeremy Parkinson Finance 0

Despite last week’s bullish start, the buyers offered very little follow-through in the middle of the week. Too much political noise kept traders on the sidelines. That all changed on Friday though, and with very little prodding. Thanks to Friday’s 1.74% jump from the S&P 500, the index booked a gain of 3.5% for […]

Dow Jones And The Barron’s Gold Mining Index: A 98-Year Examination

Mar 11, 2018 Jeremy Parkinson Finance 0

Looking at the market at the close of this week, apparently the “policy makers” have once again gotten a handle on the financial markets. In the Dow Jones BEV chart below it did correct 10%; but only for one day, February 8, with the Dow Jones coming back since. It closed the week only 4.81% […]

EUR/USD Forecast Mar. 12-16 – At The Crossroads

Mar 11, 2018 Jeremy Parkinson Finance 0

EUR/USD had a turbulent week that it eventually ended slightly lower and it is still looking for a new direction. The upcoming week features a speech by Draghi, final inflation figures, and more. What’s next for EUR/USD? Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. While Germany will […]

Gold From Soup To Nuggets

Mar 11, 2018 Jeremy Parkinson Finance 0

Gold’s change for the week just past? A zip-zero-nada bona fide nothing burger. Well, it did sport a net gain for the week of 30¢ having settled the prior Friday at 1323.7 and now yesterday at 1324.0. En route, price made both a “higher-low”, but also a “lower-high”, referred to by traders as an “inside week”. Fairly […]

USD/CAD Weekly Analysis – Sunday, March 11

Mar 11, 2018 Jeremy Parkinson Finance 0

USD/CAD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.2248. As long as the price is above the trend line, the fall from 1.3000 could be treated as consolidation of the uptrend and further rise towards 1.3200 could be expected after the consolidation. On the downside, a […]

West’s Household Spending Heads For Decline As Population Ages And Trade War Looms

Mar 11, 2018 Jeremy Parkinson Finance 0

As promised last week, today’s post looks at the impact of the aging of the BabyBoomers on the prospects for economic growth. The fact that people are living up to a third longer than in 1950 should be something to celebrate. But as I noted in my Financial Times letter, policymakers are in denial about the importance […]

Weekly S&P 500 Chartstorm: 10 Deceptively Simple Charts

Mar 11, 2018 Jeremy Parkinson Finance 0

Those who follow my personal account on Twitter will be familiar with my weekly S&P 500 #ChartStorm in which I pick out 10 charts on the S&P 500 to tweet. Typically I’ll pick a couple of themes and hammer them home with the charts, but sometimes it’s just a selection of charts that will add to your […]

How Nvidia (NVDA) Can Justify Its Stock’s Sky-High Valuation

Mar 11, 2018 Jeremy Parkinson Finance 0

Shares of Nvidia (NVDA – Free Report) gained about 1.5% on Friday, extending the red-hot stock’s impressive run and lifting its three-month gains to over 25%. The Wall Street darling remains a dominant player in the gaming industry, but its ongoing rise to the top of the technology sector comes on the back of tireless […]

EC Is Cash No Longer Trash?

Mar 11, 2018 Jeremy Parkinson Finance 0

Short-term bond yields (1-month through 3-years) are hitting their highest levels in over 9 years. Why? The market (Fed Funds Futures) is expecting the Federal Reserve to hike rates 3 more times in 2018: a 25 basis point move in March, a 25 basis point move in June, and a 25 basis point move in […]

The New Fama Puzzle, Post-ZLB

Mar 11, 2018 Jeremy Parkinson Finance 0

In a previous post, I documented the fact that the Fama puzzle had transformed post-global financial crisis, so that for most currency pairs, interest rate differentials pointed in the right direction for subsequent exchange rate depreciation, from 2006 through end-2015 (Bussiere, Chinn, Ferrara, Heipertz (2018)). Here I show that the new puzzle persists through the […]