April 2018 - Page 182 of 200 -

DAX30 Might Close The Retail Gap And Reject

Apr 03, 2018 Jeremy Parkinson Finance 0

Source: Admiral Markets MT5 with MT5SE Add-on Overnight, the Dow Jones was sold heavily, whilst most Asian Indices rose from their interim lows quite strongly. The move also spiked the GBP/USD. Technically, the Dax should be poised to rise this morning, as we can see the retail gap (red highlight). Rejection might happen close to order block/ M […]

Revisiting The Margin Of Safety: The IW Box

Apr 03, 2018 Jeremy Parkinson Finance 0

Many market participants see themselves as value investors, striving to buy at a discount and sell at a premium to value. Most understand the concept of margin of safety (MoS), first applied to investment affairs by Benjamin Graham. They see it as a one dimensional concept: the difference between value and price. The larger that […]

Stellar Lumens XLM/USD Forms Double Bottom On IBM Partnership Updates

Apr 03, 2018 Jeremy Parkinson Finance 0

Stellar Lumens or XLM showed yet another outstanding performance on Monday, days after IBM’s VP confirmed that Stellar is a “big” part of the company’s IBM blockchain platform strategy and relies mainly on Stellar’s technology. Stellar Lumens is being used in a real-world environment for the company’s blockchain solutions. But another thing that is getting […]

What’s In A Spread? Euro Futures Have Been Anticipating LIBOR-OIS For Seven Months

Apr 03, 2018 Jeremy Parkinson Finance 0

Since LIBOR is a hot topic again, though no 2a7 in sight, I thought I’d add one additional perspective that isn’t found in any other analysis. LIBOR is, of course, a money rate applied not to domestic funding but eurodollars on offer in London. The current criticism of the rate stems from the fact that […]

BTC/USD And BTC/JPY Forecast – Tuesday, April 3

Apr 03, 2018 Jeremy Parkinson Finance 0

BTC/USD Bitcoin rallied slightly against the US dollar on Monday but continues to be very soft in general. We are hovering above a major support level in the form of the $6500 level, but at this point, I think the best thing we can hope for is a bit of stability. If we break down […]

Indian Share Markets Opens Flat; PSU & Banking Stocks Gain

Apr 03, 2018 Jeremy Parkinson Finance 0

Asian stocks are lower today as Chinese and Hong Kong shares fall. The Shanghai Composite is off 0.70% while the Hang Seng is down 0.64%. The Nikkei 225 is trading down by 0.89%. US stocks closed sharply lower hit by uncertainty surrounding trade policy and weakness in shares of technology and internet companies. Back home, India share markets opened the day on […]

Above The 40 – Chipping Away At The Market Positives On The Way To Oversold

Apr 03, 2018 Jeremy Parkinson Finance 0

AT40 = 27.3% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 36.2% of stocks are trading above their respective 200DMAs (new 2-year closing and intraday lows)VIX = 23.6Short-term Trading Call: neutral Commentary In my last Above the 40, I tried to highlight the positives even as the negatives in the market grew. Sellers saw fit […]

Air Pocket: No Monthly S&P Support Until 2000-2200

Apr 03, 2018 Jeremy Parkinson Finance 0

Those wondering how far equities may drop before there is a sustainable bounce may be in for a negative surprise. For those who place faith in technicals, there’s a long way down until the next shelf on a monthly chart. The weekly chart suggests more spots from which to bounce, but nothing looks very firm […]

A More Challenging But Normal Equity Market

Apr 03, 2018 Jeremy Parkinson Finance 0

Before I left for a week of vacation at the end of March, the equity markets had begun to exhibit a higher level of volatility. This seems to occur more often than not around this time period each year. This heightened volatility was to the downside and I wrote a post before leaving town noting […]

Gold Rises As Dollar, Equities Fall

Apr 03, 2018 Jeremy Parkinson Finance 0

Gold prices rose $15.28 an ounce on Monday as the U.S. dollar and equities weakened after China imposed tariffs on a range of U.S. goods. In economic news, the Institute for Supply Management (ISM) reported that its index of manufacturing activity fell to 59.3 from 60.8 a month earlier. XAU/USD extended its gains after the […]