April 2018 - Page 195 of 200 -

Spot The Real Bubble

Apr 02, 2018 Jeremy Parkinson Finance 0

After a seemingly unstoppable surge higher for years, March was a tough one for tech stocks, as the curtain was lifted exposing Oz-like machinations behind the scenes that spooked investors enough to pop the bubble of delusion so many were living in. After a magnificent 2017, Cryptocurrencies also started 2018 off poorly as yet another ‘bubble’ popped. However, there […]

Gold Slightly Higher In Thin Trading

Apr 02, 2018 Jeremy Parkinson Finance 0

Gold is slightly higher today after the dollar fell from its weekly highs. The rise today is also associated with risk aversion as traders’ search for yield in alternative places. As you recall, the global financial markets are now on the edge as the world braces for a trade war. In the recent past, Trump […]

Alibaba To Acquire Full Ownership Of China Online Delivery Platform Ele.me

Apr 02, 2018 Jeremy Parkinson Finance 0

Alibaba Group Holding Limited (NYSE: BABA, “Alibaba”) announced today that the company will acquire all outstanding shares that it does not already own in Ele.me, a leading online delivery and local services platform in China, in a transaction that implies the enterprise value of Ele.me at US$9.5 billion. Alibaba and its affiliate Ant Small and […]

GBP/USD Bearish Retracement Retests Key 1.40 Support Zone

Apr 02, 2018 Jeremy Parkinson Finance 0

GBP/USD 4 hour The GBP/USD is testing the Fibonacci levels of the potential wave 4 (green) retracement. Price is a key support zone due to the 50% Fib, 1.40 round level, long-term moving average, and support trend line (blue). A bullish bounce could see price move up within the trend whereas a bearish break could […]

USDCAD Daily Analysis – Monday, April 2

Apr 02, 2018 Jeremy Parkinson Finance 0

USDCAD continued its sideways movement in a trading range between 1.2814 and 1.2948. The key resistance is at 1.2948, a breakout of this level would confirm that the downside movement from 1.3124 had completed at 1.2814 already, then next target would be at 1.3000, followed by 1.3124. Support is at 1.2803, a breakdown below this […]

Gold Forecast: April 2018

Apr 02, 2018 Jeremy Parkinson Finance 0

Gold prices settled at $1325.01 an ounce, suffering a loss of 1.67% over the holiday-shortened week but making a gain of 0.47% over the month. The key factor that weighted on the market was very much fears about more interest rate increases than expected this year. The uptick in volatility in global stock markets and […]

Stocks To Trade: LVS, APA, H

Apr 02, 2018 Jeremy Parkinson Finance 0

Monday’s stock picks: Long Las Vegas Sands (LVS) Long Apache (APA) Short Hyatt Hotels (H)

China Strikes Back: US Pig Farmers Bear Brunt Of Trade Retaliation

Apr 02, 2018 Jeremy Parkinson Finance 0

In Trump’s “easy to win trade war” script, US farmers will suffer from China’s initial response. US farmers are in the crosshairs of China’s Trade Retaliations. Penalties range from 25% on American pork and eight other kinds of goods to 15% on fruit and 120 types of commodities. The Chinese Finance Ministry said in a statement […]

Bears Still In Control Of The Trend In Cryptoland

Apr 02, 2018 Jeremy Parkinson Finance 0

Welcome to another review of the 4 major cryptocurrencies. So far my bearish view on all 4 and especially in ETH and XRP is proving to the point. Staying away or shorting them has been my view as no reversal sign or trend change confirmation has been issued yet. XRP/USD Ripple Price remains inside our […]

Sensex Opens Higher; Tata Motors & Maruti Suzuki Top Gainers

Apr 02, 2018 Jeremy Parkinson Finance 0

Asian stocks opened in green following a strong performance by global equities last week. Japanese shares are higher as the Nikkei 225 gains 0.50%. The Shanghai Composite is trading up by 0.15%. Stock markets stateside were closed the previous session for Good Friday. Back home, India share markets opened the day on a firm note. The BSE Sensex is trading higher by […]