September 2018 - Page 114 of 239 -

Dollar Slips, Though Emerging Markets Trade Heavily

Sep 17, 2018 Jeremy Parkinson Finance 0

The US dollar is beginning the new week on a soft note, as China threatens not to accept the invitation for trade talks in Washington if the US imposes new tariffs on $200 bln of its goods, which the Wall Street Journal reports could come as early as today. Meanwhile, the MSCI Emerging Markets Index […]

The Stock Market’s Breadth: Another Warning Sign For 2019

Sep 17, 2018 Jeremy Parkinson Finance 0

We are getting more and more signs that the stock market will face trouble in 2019. Some of these market studies center around breadth. The stock market’s breadth has been deteriorating recently. Some of this is due to weakness in foreign (non-U.S.) stocks. Long term breadth divergence is a normal part of rallies within bull markets. […]

EURUSD: Pair Consolidating Around The Lower Line Of The Channel

Sep 17, 2018 Jeremy Parkinson Finance 0

Previous: On Friday the 14th of September, trading on the EURUSD pair closed down. The greenback made gains across the board on the back of comments from Chicago Fed President Charles Evans as well as the closing of positions on risky pairs with JPY that came after news of new US sanctions against China. This brought […]

Bitcoin Daily Forecast – Monday, Sept. 17

Sep 17, 2018 Jeremy Parkinson Finance 0

Bitcoin did very little during the trading session on Friday, as we continue to hang about low levels. In fact, I find this interesting in general, because while the market has slowed down, we have not picked up volume either. In other words, the balance I believe is simply a lack of selling, not some […]

Salesforce Continues To Propagate Lightning With New Tools

Sep 17, 2018 Jeremy Parkinson Finance 0

Salesforce.com (CRM – Free Report) recently launched a new set of tools that run on low-codes to expedite app building process by companies. Per Outsystems, low-code is a faster way of designing and developing software with minimal hand-coding. The new set of tools is devised to run on salesforce’s Lightning Platform, built to avoid obstructions like developer gap […]

Week Ahead: Trade War, Inflation Data, And BOJ Decision To Remain In Focus

Sep 17, 2018 Jeremy Parkinson Finance 0

The biggest news this week will be about trade. On Saturday, the Wall Street Journal reported that the Trump administration was ready to implement fresh tariffs on Chinese goods worth $200 billion. The news dashed the hopes of a compromise deal between the US and China that rose last week. In response to the threat, […]

The Fed Sets Expectations For The S&P 500 In Week 3 Of September 2018

Sep 17, 2018 Jeremy Parkinson Finance 0

The S&P 500 closed out the third week of September 2018 on an upnote, but not by so much that it resumed setting the kind of new record highs that it was just a few weeks ago. The following chart shows the latest update to our spaghetti forecast chart for the trajectory of the S&P 500, […]

USDCAD Daily Analysis – September 17, 2018

Sep 17, 2018 Jeremy Parkinson Finance, No picture 0

USDCAD is facing the resistance of the price channel on the 4-hour chart. As long as the channel resistance holds, the bounce from 1.2975 could be treated as consolidation for the downtrend from 1.3226 and further decline towards 1.2887 support could be expected after the consolidation. Only a clear break above the channel resistance could […]

Is Spotify King Of The Music World? Top Analysts Chime In

Sep 17, 2018 Jeremy Parkinson Finance 0

Spotify (SPOT) is a Swedish on-demand music streaming giant with the world at its feet. After all, after first bursting onto the scene in 2008, Spotify now rules the industry across the globe. This audiophile darling went public in April. Yet, 72 trading hours after the company’s first quarter print posted on May 2, the […]

Sensex Trades 390 Points Lower; Reliance & HDFC Underperform

Sep 17, 2018 Jeremy Parkinson Finance, No picture 0

Stock markets in India are trading over 1% lower taking cues from their global peers, which fell amid reports that the US was about to announce a new round of tariffs on Chinese imports. Losses are largely seen in bank stocks and FMCG stocks. The BSE Sensex is trading down by 384 points and the NSE Nifty is trading down by 102 points. […]