August 2018 - Page 10 of 240 -

July 2018 Median Household Income

Aug 31, 2018 Jeremy Parkinson Finance 0

Median household income in the United States rose to $62,450 in July 2018, with Sentier Research reporting a 0.4% increase over its June 2018 estimate of $62,175. The following chart shows the nominal (red) and inflation-adjusted (blue) trends for median household income in the United States from January 2000 through July 2018, as given by Sentier Research’s monthly estimates. […]

Stocks Outlook – Friday, August 31

Aug 31, 2018 Jeremy Parkinson Finance 0

Thoughts Corporate profits are surging, even without Trump’s tax cut. Medium term bullish for stocks VIX is rising with the stock market. Not necessarily bearish for stocks. Ignore these bearish stock market analogues Commercial hedgers (smart money) are extremely bullish on gold and silver. Initial Claims are still trending lower. A medium-long term bullish sign […]

Did The EUR/USD Recovery Run Its Course?

Aug 31, 2018 Jeremy Parkinson Finance 0

The EUR/USD bounced from the lows it reached on Thursday, but further upside moves may be limited. The Technical Confluences Indicator shows that the pair faces initial and significant resistance at 1.1690. This includes the Simple Moving Average 10-4h, the Bolinger Band 4h-Middle, and the Fibonacci 61.8% one-day. Close by, 1.1714 is another significant line of resistance. This is the convergence of the […]

Crude Oil Prices Hold Up But Gold Sinks As Risk Appetite Fizzles

Aug 31, 2018 Jeremy Parkinson Finance, No picture 0

Crude oil prices managed a narrow gain Thursday despite an otherwise broadly risk-off day across financial markets. An unexpectedly large drop in US inventories seemed to continue offering support. Soundbites from Iran appeared to help as Tehran again threatened to stop exports to the Middle East altogether if US-backed sanctions prevent it from shipping through the critical choke-point in the Strait of […]

Stocks For You To Swing-Trade: PTC, NFLX, TSG

Aug 31, 2018 Jeremy Parkinson Finance 0

Thursday’s Swing-Trades: Long Netflix (NFLX) Long PTC (PTC) Short The Stars Group (TSG)

AUDUSD Daily Analysis – Friday, August 31

Aug 31, 2018 Jeremy Parkinson Finance, No picture 0

AUDUSD is facing 0.7237 support, a breakdown below this level could take the price to next support level at 0.7200. Near-term resistance is at 0.7290, only a break of this level could bring the price back towards 0.7381 resistance.

Sensex Opens Flat; Idea Cellular Surges 4.7%

Aug 31, 2018 Jeremy Parkinson Finance 0

Asian stock markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.2% while the Hang Seng is down 1.1%. The Shanghai Composite is trading up by 0.1%. US stocks ended their four-day winning streak on Thursday as trade anxieties resurfaced. Back home, India share markets have opened the day on a flat note with a […]

S&P 500 And Nasdaq 100 Forecast – Friday, August 31

Aug 31, 2018 Jeremy Parkinson Finance 0

S&P 500 The S&P 500 fell during trading on Thursday, as traders collected profit. It does look as if the 2900 level is going to offer support though, so I think buying on the dips will probably continue to be the way most traders approach this market. The market participants continue to see value in […]

Which Emerging Markets Will Run Out Of Money First: Here Is The Answer

Aug 31, 2018 Jeremy Parkinson Finance 0

For years, in fact for the duration of the US dollar’s use as a global carry currency, Emerging Markets – especially those with a currency peg – were a welcome destination for yield-starved US investors who found an easy source of yield differential pick up. All that came to a crashing halt first after the […]

E Canada Experienced A Job Surge In July, But It Was All Part-Time

Aug 31, 2018 Jeremy Parkinson Finance, No picture 0

“Today’s job report is a classic case of “nice headlines, shame about the details”. While we would still give the overall result a passing grade, it’s tough to get overly enthusiastic given 1) the highly suspect spike in education jobs, 2) the weakness in manufacturing, 3) the concentration of the gains in Ontario, and 4) […]