September 2018 - Page 61 of 239 -

E Weekly Energy Roundup: Offshore Drilling Companies, September 17 To September 21

Sep 23, 2018 Jeremy Parkinson Finance 0

It has been a very exciting week in the offshore drilling sector, most notably because we saw four different major offshore drilling companies get awarded new contracts. These contracts were primarily for harsh-environment semisubmersibles, which is an area that has been seeing a lot of attention over the past year or so, but do provide […]

Weekly Economic And Political Timeline – Sunday, Sept. 23

Sep 23, 2018 Jeremy Parkinson Finance, No picture 0

This week is likely to be very active, as there is plenty of important data scheduled concerning the U.S. Dollar as well as some other currencies. The week will probably be dominated by central bank input concerning the U.S. Federal Reserve’s projections and rates, as well as input from the Reserve Bank of New Zealand, […]

Weekly Market Outlook – An Ugly Win Is Still A Win, But Can It Last?

Sep 23, 2018 Jeremy Parkinson Finance 0

Stocks logged a second consecutive winning week, and a second straight record weekly close, though the bulls ended the week with anything but enthusiasm. Then again, they didn’t need to finish the trading week on a high note to do some real damage. Last week’s last trade for the S&P 500 was almost 0.9% […]

Comcast Prevails With Highest Offer Price In Auction For Sky

Sep 23, 2018 Jeremy Parkinson Finance, No picture 0

Comcast (CMCSA) published an announcement that Comcast has prevailed with the highest offer price in the auction to acquire the entire issued and to be issued share capital of Sky (SKYAY) with an offer price of GBP17.28 per Sky share. This implies a value of $40 Billion for the fully diluted share capital of Sky. […]

E Markets: Seasoned

Sep 23, 2018 Jeremy Parkinson Finance 0

The official start of Fall and the Harvest Moon greet markets as they grind into third quarter end and look for the next spice to add to the ongoing rally back in risk. There is a common origin for the act of seasoning and the change in seasons – adding flavor or spices to food or […]

USDCAD Weekly Analysis – Sunday, Sept. 23

Sep 23, 2018 Jeremy Parkinson Finance, No picture 0

USDCAD broke below 1.2887 support, suggesting that the downside movement from 1.3385 has resumed. A further decline could be expected in a couple of weeks and next target would be at 1.2800 area. Near term resistance is at 1.3000, a break of this level could bring the price back into 1.3200 zone.

Book Review: Agrawal Et Al., Prediction Machines

Sep 23, 2018 Jeremy Parkinson Finance, No picture 0

Prediction Machines: The Simple Economics of Artificial Intelligence (Harvard Business Review Press, 2018) by Ajay Agrawal, Joshua Gans, and Avi Goldfarb, all chaired professors at the University of Toronto’s Rotman School of Management, is an excellent introduction to the opportunities and limitations of AI. Their thesis is that, as things now stand, AI is becoming an […]

Forex Forecast And Cryptocurrencies Forecast For Sept. 24-28, 2018

Sep 23, 2018 Jeremy Parkinson Finance, No picture 0

First, a review of last week’s events: EUR/USD Recall that most experts (55%) had voted for the further growth of the pair and its transition to the zone 1.1745-1.1845. This forecast turned out to be 100% true, and the pair fixed the weekly high at 1.1802 on Friday morning, having risen by 180 points in […]

AboveTthe 40 – A Suspect Breakout For The S&P 500

Sep 23, 2018 Jeremy Parkinson Finance 0

AT40 = 52.7% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 56.7% of stocks are trading above their respective 200DMAsVIX = 11.8Short-term Trading Call: neutral The stock market is not quite out the (short-term) woods yet. Last Wednesday I pointed out why the latest bearish divergence forced me to back down from my cautiously bullish short-term […]

Gold – Protected, Suppressed, Depressed

Sep 23, 2018 Jeremy Parkinson Finance 0

For now nine weeks running, Gold’s weekly settle has neither exceeded 1191 on the downside, nor 1223 on the upside: that is a week-to-week closing range for two months spanning just 2.7% from low-to-high, or a mere 32 points. Think back to just 2016, a year which was peppered with trading days alone exceeding that range. One […]